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Gt-r R35 For Under $20,000

GT-Rulz

By GT-Rulz,
in R35 GTR

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trbro Apprentice

trbro

Posted
Posted (edited)

Hadn't really thought about it before now but from a quick look around I found www.timeshareexoticcars.com which have one for $17K. Be interesting to find out how much time behind the wheel you actually get for that investment???

Anyone heard of these guys before or know how it works?

Edited by trbro
(OO)SKYLINE(OO) Grand Master

(OO)SKYLINE(OO)

Posted
Posted
Hadn't really thought about it before now but from a quick look around I found www.timeshareexoticcars.com which have one for $17K. Be interesting to find out how much time behind the wheel you actually get for that investment???

Anyone heard of these guys before or know how it works?

What you said is basically how it works, the car is an investment itself and you basically share / part owner of the car with a few other owners.

The more you invest into the car the more you get to drive it on a yearly basis.

But there are other cost involved and a few guide lines you must obey to, whilst co-owning the car.

trbro Apprentice

trbro

Posted
Posted
What you said is basically how it works, the car is an investment itself and you basically share / part owner of the car with a few other owners.

The more you invest into the car the more you get to drive it on a yearly basis.

But there are other cost involved and a few guide lines you must obey to, whilst co-owning the car.

Just got an email back from them (www.timeshareexoticcars.com) . $17K would get you about 1 month of time with the car every year. You can't take it on the track though...but I guess no surprise there.

(OO)SKYLINE(OO) Grand Master

(OO)SKYLINE(OO)

Posted
Posted
Just got an email back from them (www.timeshareexoticcars.com) . $17K would get you about 1 month of time with the car every year. You can't take it on the track though...but I guess no surprise there.

:thumbsup:

WHAT?!

$17K x 12 months = $204,000.

A new R35 GTR is about $165,000 to about $185,000... Approx / depending where you buy from.

You might as well save up and buy a new R35 GTR from the dealer and own the car.

No restrictions, nothing, do as you please as it is your car.

Beer Baron Grand Master

Beer Baron

Posted
Posted

well they probably factor in a month per year for transport and servicing etc. so it's more like $187K, plus you need to figure that whoever the organiser is does it for a living, they are wanting to make a profit out of it. so they probably get 11 blokes at $17K, gives them about $20K up front, then they charge you a management fee per year which covers their time in organising the logistics and covers servicing, rego, insurance etc. I do agree though, it's not really a good way to go.

N1GTR Grand Master

N1GTR

Posted
Posted
If you are looking at something like time share, I would personally go for this:

http://www.supercarclub.com.au/index.php/home

That way you are not limited to one car, dont have to worry about insurance or servicing

+1

trbro Apprentice

trbro

Posted
Posted
If you are looking at something like time share, I would personally go for this:

http://www.supercarclub.com.au/index.php/home

That way you are not limited to one car, dont have to worry about insurance or servicing

I think the difference with the timeshare one is that you actually own part of the car so you can re-claim the original investment when you decide to sell. I don't think the investment would lose too much value either, regardless of depretiation.

trbro Apprentice

trbro

Posted
Posted
I think the difference with the timeshare one is that you actually own part of the car so you can re-claim the original investment when you decide to sell. I don't think the investment would lose too much value either, regardless of depretiation.

*depreciation...berr

GT-Rulz Newbie

GT-Rulz

Posted
  • Author
Posted (edited)
Hadn't really thought about it before now but from a quick look around I found www.timeshareexoticcars.com which have one for $17K. Be interesting to find out how much time behind the wheel you actually get for that investment???

well they probably factor in a month per year for transport and servicing etc. so it's more like $187K, plus you need to figure that whoever the organiser is does it for a living, they are wanting to make a profit out of it. so they probably get 11 blokes at $17K, gives them about $20K up front, then they charge you a management fee per year which covers their time in organising the logistics and covers servicing, rego, insurance etc.

Cheers for the input...Am still keen. Would love to have an R35 in my garage even if only for a month!!! I aint gonna get my hands on one outright anytime soon.

Will let you know how I get on. Anyone else interested?

Edited by GT-Rulz
rehab2010 Proficient

rehab2010

Posted
Posted

That's an absolute nonsense - paying 20K to drive a car for 1/12th of the year, possibly less if there is some servicing involved within that month.

You'd be better to invest the money, or buy yourself a brand new 1000cc sportsbike if you crave the performance that much - and it will do 0-100 and 1/4mile quicker than the big beast GT-R.

  • 2 weeks later...
GT-Rulz Newbie

GT-Rulz

Posted
  • Author
Posted
timeshare never works out

Hey,

Can you ellaborate. It seems pretty good to me??? Interested to know if you've had any actual experience with Timeshare???

They (Timeshare Exotic Cars) reckon you can sell your stake at anytime as well. Apart from the yearly cost which I believe is around 3k for insurance, rego, transport, maintenance etc - I think you should be able to re-coop the initial cost - you can't do that if you buy the car outright.

Anyone done one of these before or know someone who has?

  • 4 weeks later...
Skyline Redline Newbie

Skyline Redline

Posted
Posted
Might sound cool, but you wouldn't want 11 other guys to fart in your seat and stain your rear seat right? :)

Never know - some might have a penchant for car seat sniffing.

On a serious note, I had a buddy in the States that did the Timeshare thing with a Camaro. He dug it. Never had any dramas and would just organise road trips around when he had the car. I went on one with him through Nevada and Vegas. Was killer.

cynthiab Newbie

cynthiab

Posted
Posted
Never know - some might have a penchant for car seat sniffing.

On a serious note, I had a buddy in the States that did the Timeshare thing with a Camaro. He dug it. Never had any dramas and would just organise road trips around when he had the car. I went on one with him through Nevada and Vegas. Was killer.

Yeah I know someone that had a good experience with it too. I think it's pretty important that you only deal with established operators though, who are very clear as to your rights and responsibilities if things go wrong. Definitely worth doing a lot of homework before going in for this.

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