Photo: Draco2008 from UK, CC BY 2.0, via Wikimedia Commons
Example listing: shows what a share in a car like this typically costs.
About this car
Big-bumper 16v that has been looked after properly. Drives tight and quick.
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. 2 of the 3 shares are for sale.
Each share carries 40 booking points a year, which is about 10 long weekends in the season. Local favourite drives: the Cooley peninsula.
Key points
- 1.8-litre 16-valve four
- 5-speed manual
- Recent brakes
- Full history file
The share
| Shares in the car | 3 |
|---|---|
| Shares for sale | 2 |
| Price per share | €6,000 |
| Seller keeps a share | Yes, and stays as lead owner |
| Points per share each year | 40 (about 10 long weekends in the season) |
| Mileage allowance per share | 1,650 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 | €450 a year |
| Per share, per month | €92 |
Fuel, tolls and anything you damage are paid by whoever has the car. How we estimate costs.
Specification
| Year | 1989 |
|---|---|
| Body | Small car |
| Engine | 1.8-litre 16-valve four |
| Gearbox | 5-speed manual |
| Steering | Right-hand drive |
| Odometer | 197,398 miles |
| Colour | Black |
| Location | Dundalk, Co. Louth |
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 | Classic policy with every co-owner named. Drivers 25 or over. |
| Storage | Garaged in Dundalk, five minutes from the main road. |
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.