|RE: Car share club||<– Date –> <– Thread –>|
|From: Rob Sandelin (floriferousmsn.com)|
|Date: Wed, 13 Nov 2002 08:53:01 -0700 (MST)|
My family shares a car with another family. We worked it this way. We had a second car that we were considering selling since our new lifestyle did not require two cars. But we do occasionally need a second car. So another family bought one half the blue book value of our second car, and we currently split the costs of insurance and operation and repairs based on the percentage use which is currently 25% to 75%. The car is in our name, and insurance is in our name. We found out that a corporately owned car is possible, but the exact same insurance on a corporate car costs three times as much as private owner insurance. Our insurance lady, off the record, told us not to get corporate insurance, just to have the drivers with the best records own the insurance policy. Our policy insures anybody who drives the car. So, for insurance purposes, the other family is borrowing the car. So far this situation has worked out very well. We have no written agreements yet, although we do record the mileage driven so on the infrequent times that I use the car I simply write down the mileage in a log. If I buy gas I write that down also. About every quarter we evaluate how its working, anything we need to take care of. We just agreed to buy new tires. The end result for our family is we get use of the second car, with few conflicts in scheduling, at a very inexpensive cost. Rob Sandelin Sharingwood > --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.332 / Virus Database: 186 - Release Date: 3/6/02 _______________________________________________ Cohousing-L mailing list Cohousing-L [at] cohousing.org Unsubscribe and other info: http://www.communityforum.net/mailman/listinfo/cohousing-l
- RE: Resale Policy, (continued)
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