Re: Car Sharing | <– Date –> <– Thread –> |
From: Michael Barrett (mbarretttoast.net) | |
Date: Tue, 8 Feb 2011 14:06:23 -0800 (PST) |
I would be interested to learn more details of Winslow's success. Our
experience has been that a number of insurance companies would not
respond to requests for quotes for a vehicle with multiple ownership.
Anecdotally, quotes for an LLC owned vehicle were "sky high" and forming
an LLC (here in Virginia) costs $100 and involves a lot of paper work.
Then the LLC has to file at least income tax returns every year, both
State and Federal . . . . . Arrrgh ! ! - it was all too much!
Michael BarrettShadowlake Village, Blacksburg VA - where the (donated) pool table we have in our recent finished Common House basement game room is proving so popular we are considering putting in a second (also donated) table. Life is good!
Karen Gracie<karen [at] cohousing.com wrote
I'm interested in this post (from Feb 2010) from Audrey for solving the insurance question: ... At Winslow Cohousing we solved that [insurance] by separating the car sharing from the community. There is an LLC that owns an electric car and soon will also own a pickup truck. the LLC has insurance which isn't that unreasonable (people below a certain age and above a certain age, I think 70, have to pay more) Individuals join the LLC (buy-in), and then share expenses for the car/truck....There is talk about sharing other cars as well, to reduce the entire net ownership of cars in the community...
- Re: Car sharing, (continued)
- Re: Car sharing Lynn Nadeau, January 16 2008
- car sharing Audrey Watson, February 2 2010
-
Car Sharing Fred H Olson, February 8 2011
- Re: Car Sharing Sharon Villines, February 8 2011
- Re: Car Sharing Michael Barrett, February 8 2011
-
car sharing CAROL AGATE, March 14 2012
- Re: car sharing Lautner, Patricia, March 15 2012
-
Re: car sharing Richard Pendleton, March 16 2012
- Re: car sharing Sharon Villines, March 16 2012
Results generated by Tiger Technologies Web hosting using MHonArc.