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Fractional
coach
ownership
"makes
luxury
coach
ownership
practical,
cost
effective
and
simple"
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Coachshare
was
launched
by
Jim
Palmer
who
says:
"My
wife
and
I
wanted
to
take
a
few
trips
a
year
in
a
high-end
coach,
but
that
didn't
justify
the
cost
or
hassle
associated
with
purchasing
our
own,"
That
led
to
him
setting-up
CoachShare
,
which
he
describes
as
"an
innovative
new
fractional
ownership
program
that
allows
participants
to
enjoy
the
benefits
of
luxury
motor
coach
ownership
without
the
hassles
and
high
prices
normally
associated
with
luxury
coach
travel."
Basically,
CoachShare's
fractional
ownership
program
divides
the
purchase
and
operating
expenses
between
multiple
owners,
bringing
luxury
RV
vacationing
within
the
budgets
of
many
American
families.
Tai
Quan,
a
CoachShare
owner
in
San
Jose,
CA,
says,
"This
was
the
right
decision
for
us.
It
is
a
great
way
for
us
to
find
out
whether
RVing
is
right
for
us
long
term
without
spending
$250K
to
run
the
experiment."
These
are
some
of
the
benefits;
- When
you
only
use
this
type
of
vehicle
for
a
few
weeks
each
year,
the
high
purchase
price
and
expenses
for
storage,
maintenance
and
depreciation
are
difficult
to
justify
- Cleaning,
storage,
and
constant
maintenance
can
be
a
logistics
nightmare
-
Through
this
shared
ownership
program,
the
costs
are
divided
among
a
small
group
of
Share
owners
(typically
six
to
twelve)
and
the
coach
is
professionally
managed
by
the
CoachShare
staff
-
Owners
agree
to
a
three-year
term
of
ownership
during
which
time
CoachShare
manages
all
the
ownership
details,
including
coach
delivery
and
pickup,
storage,
insurance,
maintenance,
cleaning
and
DMV
fees
- Coaches
are
delivered
with
all
the
high-end
amenities
needed
for
a
complete
vacation:
cookware,
dinnerware,
appliances,
patio
furniture,
satellite
radio
and
TV,
home
theater
system
--
even
monogrammed
bed
linens
and
towels
-
CoachShare
even
provides
a
comprehensive
two-day
driver
training
course
so
owners
feel
comfortable
and
confident
behind
the
wheel
-
When
the
term
expires,
the
RV
is
sold
and
the
proceeds
are
divided
between
the
owners
who
have
the
option
to
invest
in
a
new
luxury
RV
with
CoachShare
"You
have
the
benefit
of
owning
a
beautiful,
fully
equipped
coach
without
the
worries
of
a
full
time
owner,"
says
Donald
Skinner,
CoachShare
owner
from
Los
Angeles,
CA.
"There
is
no
other
option
on
the
market
today
that
provides
the
value
and
convenience
that
define
the
CoachShare
program,"
Palmer
concluded.
Read
the
full
CoachShare
press
release
CoachShare
website
|
What
do
you
think?
-
"makes
luxury
coach
ownership
practical,
cost
effective
and
simple"
Give
your
comments
below |
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Readers'
comments:
Latest
first
Croxey44
:
This is the solution to my problems if I can sell my current RV and buy into this scheme. RVs are easy to buy and hard to sell and that's why this is better.
Ruth 43
:
The whole point of having an rv for us is to have our own place to escape to whenever we want. Freedom is the main thing, go when you want. This means you can only use when scheduled. Not for me.
Casey R
:
I use my coach about 4 or 5 times each year and it costs me a lot of money. Apart from all the usual costs there's also the depreciation. This costs more than $1000 every week. You bet fractional is a good idea, I'm going to look into it some more.
Pete M
:
This is a really great idea and I think I could have saved many thousands of dollars if I'd done this before buying an RV. Storage is an increasing problem and I really feel bad paying the registration and insurance every year for something I only use a few weeks every year.
Cachie47
:
I can see the advantages and disadvantages. I guess the big advantage is it saves a lot of money. But owning is a lot about feeling it belongs to you. I like the idea that its my bed and nobody else sleeps in it. Otherwise its like a hotel. I must admit that like Ross my coach sits unused for a big part of the year.
Ross P
:
My coach sits unused for at least 10 months of the year. I could live with this idea and I think it might save a lot of money.
Ken Short
:
I like the idea. One of the big problems we have is we don't really use our coach enough to justify the costs. Storage is also another big problem, it's expensive and I sometimes worry that it might not be secure. In any case its just an asset that sits depreciating. The big thing against fractional ownership however for me is that mainly we don't plan our trips. We usually decide at short notice that we're going to go away for a few days. It's good to have that flexbility and not to be stuck with a firm return date.
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