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
A genuine E30 M3 with documented history. A homologation hero for six people to enjoy.
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. 5 of the 6 shares are for sale.
Each share carries 20 booking points a year, which is about 5 long weekends in the season. Local favourite drives: the Hook peninsula.
Key points
- 2.3-litre S14 four
- 5-speed manual
- Owner happy to show it any weekend
- Garaged and dry
The share
| Shares in the car | 6 |
|---|---|
| Shares for sale | 5 |
| Price per share | €14,150 |
| Seller keeps a share | Yes, and stays as lead owner |
| Points per share each year | 20 (about 5 long weekends in the season) |
| Mileage allowance per share | 500 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 | €2,200 a year |
|---|---|
| Motor tax | €56 a year |
| Annual service | €2,500 a year |
| Tyres, brakes, battery | €1,200 a year |
| Dry, secure storage | €1,800 a year |
| Breakdown cover | €200 a year |
| Repair reserve | €1,700 a year |
| Per share, per month | €134 |
Fuel, tolls and anything you damage are paid by whoever has the car. How we estimate costs.
Specification
| Year | 1988 |
|---|---|
| Body | Saloon |
| Engine | 2.3-litre S14 four |
| Gearbox | 5-speed manual |
| Steering | Right-hand drive |
| Odometer | 180,652 miles |
| Colour | Henna red |
| Location | Wexford town, Co. Wexford |
Tax, test and cover
| Motor tax | Vintage motor tax, €56 a year |
|---|---|
| NCT | NCT every two years (30 to 39 years old, private use) |
| Insurance | Agreed-value classic policy in the lead owner's name. Every co-owner is a named driver, aged 30 or over, full licence held five years. |
| Storage | Heated, alarmed storage near Wexford town with a battery conditioner. |
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.