Car Share Clubs: The Ownership Alternative
October 1, 2005
It is that feeling that comes with just knowing your classic collector car is
resting in the garage as you fall asleep at night. It is the most desirable
model, the best year. Not since your marriage have you perused something so
avidly. You vow to keep it in mint condition and it wants for nothing. You
arrange detailing appointments more regularly than visits to the dentist for
your children. But is classic car ownership really the high road you have always
felt born to drive?
The Morgan Plus 8, from Club Sportiva in San Francisco, caters to real sports
car lovers. (Click image to enlarge.)
Lately your exotic beauty has been sitting under its flannel cover more than
you intended. You seem to be flying for business more than driving for
fun. Last
time you took her out for a spin the engine was not running
as well as you
remember. And now you feel yourself craving another.
Your buddy has a vintage
convertible sitting in his garage, and it sure
looks like a lot of fun.
Torbin Fuller, cofounder of Bay Area–based Club Sportiva, one of the first
exclusive car sharing clubs to arrive in the United States, knows: “I had owned
a number of sports cars” the entrepreneur says, “and it was in 2002 that I sold
my 1982 Ferrari because it was too much of a hassle to maintain.” But
fortunately the loss prompted a better idea. “I quit my job and within two
months had opened the club.” Fuller left 60,000 other employees at Ford Motor
Company for San Francisco’s clear driving weather and began fitting newly
recruited members into seats of his 10 mint-condition classics, no ownership
burdens attached.
The Private Collection at Hangar One in Scottsdale features head-turners like
the Vanquish and Maranello. (Click image to enlarge.)Fuller was able to open his company so quickly because he modeled the business after the already successful industry pioneer Classic Car Club. Ten years ago, with a concept much like real estate time share and residence club programs, the European company introduced the very first car share club to maximize the driving experience of classic, luxury, and sports cars. Pass an application process, pay the membership fee, make an annual dues commitment, and you are cruising through the English countryside in a 1970s Ferrari. When you finish, hand it back and drive away in a different classic.
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