Your car, used and paid for.
Most classics sit under a cover for eleven months of the year while the bills keep coming. Sell a share or three, keep driving it, and let the other co-owners pay their part.
For private owners
An MGB costs about €3,306 a year to run properly. Sell three quarter shares and your bill drops to €827, and you get three people who care about the car as much as you do.
- List up to 2 cars free
- Keep a share and stay as lead owner, or sell them all
- Buyers pay you directly for their share
- We check every listing before it goes live
- Shared calendar for €15 a month per car, free during our launch
For dealers
Some buyers can't stretch to a whole E-Type. Six of them can. Split a car into shares and sell to a wider market than the people who can write one cheque.
- €99 a month, cancel any time
- List as many cars as you like
- Your business name on every listing
- Buyer details by email the moment they get in touch
- Set up the calendar for each group you sell to
Four things to sort first.
- Insurance. Ask your broker about a classic policy with several named drivers, and what they need from each one.
- An agreed value. A recent valuation from a specialist or the insurer makes pricing shares much easier.
- The running costs. Pull together a year of bills. Buyers will ask, and the calculator gives you a starting point.
- The rules. Read the standard rules. Change anything you want to, but put it on the listing so buyers know.
Listings that describe a share as an investment, promise returns or talk about appreciation are not accepted. Selling shares in a car to drive it is ordinary co-ownership. Marketing them as an investment can bring in financial regulation that neither of us wants.
Owners ask us.
Can I keep a share myself?
Yes, and most private owners do. You stay as the lead owner, the car stays where it is, and the other co-owners pay their share of the costs and use their share of the days.
How do I price a share?
Start with what the car would sell for today, divide by the number of shares, and round. Buyers compare that with the running costs, so a fair agreed value matters more than a high one.
Do I choose who buys in?
Yes. Buyers get your contact details, then you meet them. Nothing happens until you're happy and everyone has signed the co-ownership agreement.
What about insurance?
Talk to your broker before you list. You need a classic policy that names every co-owner. Many classic insurers set a minimum driver age and licence history, so put those on your listing.
Can dealers sell every share in a car?
Yes. A dealer can buy a car, split it into shares and sell them all. The buyers then pick a lead owner between them. The dealer plan covers as many listings as you like.