What’s the exotic car rental cancellation policy?

What’s the exotic car rental cancellation policy?

Please note that when we reserve a car for you, it is at the expense of renting it to another customer. Therefore, any reservation that is canceled more than 24 hours in advance will be charged a flat cancellation fee of $150. Any reservation that is canceled less than 24 hours in advance of the confirmed pick up time will be charged a one-day rental fee.