Photo: Calreyn88, CC BY-SA 4.0, via Wikimedia Commons
Example listing: shows what a share in a car like this typically costs.
About this car
Mk1 Cooper with a white roof and all the right details. Nimble, cheeky and huge fun on back roads.
The owner is keeping a share and staying on as lead owner, so the car stays where it is and is looked after by the same person. 3 of the 4 shares are for sale.
Each share carries 30 booking points a year, which is about 7 long weekends in the season. Local favourite drives: the Shannon estuary and on into Clare.
Key points
- 998cc A-series
- 4-speed manual
- Battery conditioner fitted
- Recent brakes
The share
| Shares in the car | 4 |
|---|---|
| Shares for sale | 3 |
| Price per share | €7,000 |
| Seller keeps a share | Yes, and stays as lead owner |
| Points per share each year | 30 (about 7 long weekends in the season) |
| Mileage allowance per share | 1,000 km a year |
| Booking rules | Mile Club standard rules |
Running costs
Our estimate for a car of this value. The seller can confirm their real figures when you get in touch.
| Insurance | €600 a year |
|---|---|
| Motor tax | €56 a year |
| Annual service | €700 a year |
| Tyres, brakes, battery | €450 a year |
| Dry, secure storage | €900 a year |
| Breakdown cover | €150 a year |
| Repair reserve | €700 a year |
| Per share, per month | €74 |
Fuel, tolls and anything you damage are paid by whoever has the car. How we estimate costs.
Specification
| Year | 1966 |
|---|---|
| Body | Small car |
| Engine | 998cc A-series |
| Gearbox | 4-speed manual |
| Steering | Right-hand drive |
| Odometer | 126,893 miles |
| Colour | Blue with white roof |
| Location | Limerick city, Co. Limerick |
Tax, test and cover
| Motor tax | Vintage motor tax, €56 a year |
|---|---|
| NCT | Exempt from NCT (over 40 years old, private use) |
| Insurance | Classic policy with every co-owner named. Drivers 25 or over. |
| Storage | Secure storage unit near Limerick city, battery conditioner fitted. |
Buying a share
- Contact the seller and arrange to see the car.
- Meet the other co-owners. Get a specialist inspection if you want one.
- Sign the co-ownership agreement and pay the seller directly.
- Get added to the insurance and the shared calendar.