Using the same concept as a time-share, Jointli.com has taken it a step outside the box, allowing people to come together to buy a variety of items, including supercars.
Buying a Ferrari is an unattainable dream for most people, but for those chasing the dream, there are already a few options available. Renting a Ferrari requires a ton of paperwork and a sizeable deposit, around $10,000, plus the $1,000 per day rental, making the total around $85,000 for 7 days out of each month of the year. Peer-to-Peer rentals are a newer option that cuts the daily rental cost in half, but still totals around $42,000 for the same amount of time.
With Jointli.com, the cost to co-own a Ferrari breaks down to $8 per hour for 7 days out of each month of the year, which totals $8,000 for a 12 month period, or $665 per month.
Sounds like unless you buy the car yourself, the situation could easily go wrong and get expensive, anyway. Certainly a cool concept, but in reality would this really hold up?
– By: Alexandra Koken