What it Fractional Ownership?

The most common question we hear is, “What is a car club?” Our answer: It is the simply most intelligent and cost effective way to own an exotic automobile - a Ferrari or Lamborghini, for example.

Pegasus17 is an exciting private club offering “fractional” or “timeshare” access to an expertly selected Stable of superlative driving machines without the exorbitant financial burdens and time consuming hassles of traditional ownership – repairs, maintenance, insurance, storage, security and depreciation. Secondly, Members aren’t limited to the one or two cars they would own privately, but can choose any car in the fleet at any time depending on their need or desire.

This is the best way for an auto connoisseur to experience their dream or an executive to acquire VIP transportation conveniently. Let us baby the car for you – all you do is join and drive.

Let’s do a little cost analysis. Most of the individuals that are lucky enough to have a privately owned Ferrari parked in their garage only drive their car, on average, for one month out of the year (cumulatively). For the rest of the time, those individuals are usually driving something less thrilling and possibly less expensive to operate daily on their way to work.

Think about maintenance and repairs. You don’t stop paying insurance when you bring the car to the dealer, whether it’s for a tune-up or for major repairs. You also continue paying insurance and losing money to depreciation when the car is sitting in your garage.

Time is money. Pegasus17 affords its Members the ability to drive the car they want for that 30 or so days, or more, without any of the costs or hassles that come with actually owning the car.

Depreciation alone on one hypercar more than justifies the cost of Membership.

Successful entrepreneurs, businessmen, celebrities, pro athletes and other high net worth individuals are discovering that is fiscally more intelligent to join a timeshare club, eliminating the hassle while maximizing the convenience and enjoyment.