Estimated Cost Over Two Years
Costs of ownership, beyond purchase, based on a One to Three Year Old $225,000 Exotic
| expense item | Full
Ownership
| Fractional
Share
|
| Depreciation* | $50,000 | $0 |
| Cost of Money** | $12,000 | $900 |
| Repairs (for vehicles 3+ years) | $8,000 | $0 |
| Maintenance (i.e. tires, clutches, brakes) | $10,000 | $0 |
| Insurance | $3,000 | $0 |
| Unexpected Costs | ??? | $0 |
|
Subtotal
|
$83,000
|
$900
|
| Stuck with the same one car | Yes | No, You can drive multiple exotics for a single share price! |
*
Depreciation: Almost regardless of mileage, every two years an exotic can lose 15% to 25% of the purchase price. This loss can be even worse when new models are introduced.
**
Cost of money: (Full Ownership) - 5% lost interest on $225,000 or, if financed, on 20% down payment, plus finance costs. (Private Access Share) - Lost interest on share price.
With a share in the Private Access Plan your exotic is delivered fully-fueled, inspected, & beautifully detailed for each week of usage. We eliminate all the hassles, so you can just drive!
Plus, we leverage multiple members across the unexpected and high costs. Your costs are finite and controlled. You know exactly what your costs are and no more.
A Private Access Plan share reduces your risks, yet the plan is flexible and expandable!
