The costs of owning a Supercar VS the costs of Co-Owning a Supercar. The case study of the Swiss tech and mobility company Supercar Sharing®


A car enthusiasts dream is having their very own supercar. But due to the rising costs of new and used models, in part down to the ongoing chip shortage, it is out of the reach of most. However, this industry is beginning to change.

As with property investors and private jet companies allowing fractional ownership of their products, this concept it is filtering down to the supercar market and companies are making this a reality. As co-owning a supercar may sound far-fetched, but for a fraction of the purchase price owners can purchase a slice of their very own supercar. But is this financially worthwhile? Let’s explore the costs of ownership and co-ownership.

How does Supercar Sharing® work?

Unlike traditional car buying and selling, an owner can purchase “shares” in a supercar. Using a new platform such as Supercar Sharing®, buyers can browse upcoming supercars and purchase a share at a fraction of the price of the whole car.

They can then use it for a few weeks or a few month per year, depending on the share-agreement, where everything is taken care of by Supercar Sharing. All costs are divided amongst co-owners, and it leaves out the stress of expensive car ownership, including 24hour secure storage and professionalcleaning.

What are the benefits of co-ownership?

Associated running costs are divided amongst all co-owners. This includes insurance, car storage and preparation, depreciation, and maintenance. An owner still has plenty of time to drive the car, typically 30-60 days throughout the year and has all the benefits of ownership. Taking it wherever they choose whoever they want to travel with and without disruption.

Supercar Sharing even has dedicated parking locations throughout Europe too. Partnering with car parking garages and lounges to improve your drop off experience. Think of it like the benefits of a private rental, but with fewer restrictions and actually owning part of the car.

Sustainability is a major factor too. As cars are becoming rarer, co-owning allows more people to get the same amount of joy from a car than a single owner. Instead of a brand producing ten cars for ten owners, they only need to produce one under this scheme.

Example of co-ownership cost savings

Using a Ferrari 488 Spider with 10 owners for an example.The car purchase price is €235,800, for an individual they would have to pay upfront or finance the entire cost. Co-ownership allows the price to be divided by 10. With the 1% platform sharing fee, this saves €209,862 already from the price of the Ferrari vs sole ownership.

With the added costs of service and maintenance (€2,358), Insurance (€4,738), and storage, service, and cleaning fees (€7,000). All of this is divided by 10, leaving co-owners with a saving of approx. €12,922 per year. This is even without annual depreciation (estimated at €5,895), which could result in a saving of an estimated €18,227.70 annually. This is based on an extensive study that showed an owner only uses their supercar 5-10% of the time. Just taking it out on weekends or special occasions such as a vacation or wedding.

Incredibly, 98% of sole owners dislike the costs associated with maintaining their supercar, despite all the pleasure it gives them. The study also proved that more than 40% of sports cars are lease vehicles in German speaking countries.

Studies were conducted by Statista Sports Car Market 2019 & 2020and Supercar sharing customer evaluation and survey 2021.

Why co-ownership is more affordable?