Fractional Ownership

Gizmag has a very interesting article entitled Fractional Ownership Goes Lifestyle where they look at the trend in product service systems across a number of activities from car share to boat share:

Partial ownership works best for people requiring a car only some of the time and is much more efficient financially than keeping one’s own car. With just a few members, any club can offer the convenience of a car when you need really need it, with a reduced cost for the miles that you do when you take account of the purchase price, depreciation and insurance… Now a group of Australian entrepreneurs has taken the fractional ownership model one step further by combining holiday homes, luxury boats and luxury cars into one package.

gizmag Article: Fractional ownership goes lifestyle