P1… is the gold standard of car clubsEsquire
…P1 brings a little practicality to the mad world of 2ft-high, 200mph supercars Jeremy Clarkson, Sunday Times
A P1 Supercar Club membership is the most financially astute and intelligent way for car enthusiasts to gain access to a collection of the world's finest and fastest supercars.
The shared access model allows the substantial costs of owning and running a fleet of supercars, including depreciation, insurance, servicing and maintenance, to be borne exclusively by the Club leaving the member to simply pay for fuel, with no hidden costs.
An annual membership fee provides members with access to the Club's entire collection of supercars for a fraction of the cost of ownership of just one supercar.
A comparison with the cost of owning and running a Ferrari FF is shown below:
Example: Ferrari FF, now 12 months old, with just 2,750 miles and one full service. Purchase price when new of £265,000 and a value today of £175,000.
|Cost of running a Supercar||Ownership||P1 Membership|
|Depreciation (based on the above example)||£90,000||£0|
|Insurance (based on a 40 year old male living in London with maximum no claims bonus)||£5,000||£0|
|Annual service (main dealer)||£2,500||£0|
|Other running costs (tyres, brake pads, valeting, storage, road tax etc.)||£2,000||£0|
|Cost of money (£265,000 invested @ 6.5%)||£17,225||£0|
|P1 Membership with average of 40 days use||£0||£13,500|
|Total Annual Cost||£116,725||£13,500*|
|Cost Per Mile||£42.44||£6.75|
All Membership prices are exclusive of VAT