Cohousing-L Mailing List: Re: Group ownership of a truck

[Rob Sandelin (floriferous]

I have done this a few times. In our state it is really expensive to get
corporate or group insurance for a vehicle, its more than twice the rate
than regular. So what we did was have the person with the best insurance
rate own and insure the vehicle. Then we divided up the monthly costs per
person.  We started out with a mileage record but that got too complicated
so we went with a set monthly fuel fee. This raised a bit more money than we
spent (we had a gas credit card) which went into a maintenance fund.
Scheduling was pretty easy most the time and being in a community if there
was a glitch we could almost always find another car to borrow. 

If I were to do it again, and I probably will, I would add an extra bit for
maintenance and repairs to the monthly fee.

Rob Sandelin
Sharingwood Community
Snohomish County, WA