Finweek English Edition - - COVER STORY -

of the car a year. A1GT man­ages the car in all respects – from the book­ing sys­tem to man­ag­ing the car’s us­age sched­ule by its own­ers, to all main­te­nance and in­surance. While any su­per­car can be in­cor­po­rated into the frac­tional own­er­ship scheme, the is cur­rently the only model avail­able. Un­der A1GT’s Ve­hi­cle Own­er­ship Plan (VOP), Bas­son says that “for only R645 000 se­lected clients can be the proud own­ers of one of the great­est, truly thor­ough­bred su­per­cars ever to have been pro­duced.” A1GT also fa­cil­i­tates ve­hi­cle leas­ing: “Typ­i­cally the client owns the car and leases it to the Club. We take care of the car, cover the in­surance and ba­sic main­te­nance,” he adds. “The Club in turn makes the car avail­able to its club mem­bers, and ev­ery time the car is booked by club mem­bers, the owner will earn an in­come from it.” It re­mains to be seen whether this own­er­ship model will ap­peal to SA’s su­per­car en­thu­si­asts, who for the most part, want to en­joy their dream machines on their own terms.

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