by Shadia
/ Cars / Luxury Car Clubs /
The good problems in life: Which car to drive next? The Ferrari, the Lamborghini, the Aston Martin? If you're looking for either partial ownership of a luxury car or to become a member of an exclusive luxury car club, a number of membership and fractional ownership clubs have formed in the recent years that allow members the privilege of driving luxury cars without the hassles and costs of ownership.
Partial ownership entitles the member to choose from a collection of luxury cars for their driving pleasure throughout the year. Members only pay for actual driving time. The service is comparable to buying air-time on private jets. In fractional ownership, members are part of a group plan, hence the costs of insurance are much less than if acquired privately. The cost of insurance coverage is included in the annual fees.
One fractional ownership company, Curvy Road, offers 4 to 8 weeks of driving time. In addition to it's annual fees, which range between $12,000 to $30,000, a one-time share price of $5,000 is due upon a share plan purchase. The annual fees include climate-controlled storage, detailing of your vehicle, cost of all repairs, buying and selling of your vehicle, taxes and licensing, and of course insurance.
Membership of an exclusive luxury car club also has it's many perks. Club Sportiva offers car enthusiasts driving packages which range from 12 to 45 days per year. Annual fees range from $3,500 to $18,000.
An example of luxury cars available for hire are the following:
Lamborghini Gallardo Spyder
Aston Martin DB9 Volante
Ferrari F430
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