Last Updated on: 5th December 2023, 06:25 am
Established in 2021 and based in Zurich, Switzerland, Supercar Sharing AG has quickly emerged as a key player in the European market for luxury car sharing and tourism. Catering to a high-profile clientele that includes celebrities and influential entrepreneurs, the company is embarking on an ambitious global expansion plan. This includes establishing franchise partnerships and launching a premier showroom and vehicle storage facility in Dubai. Additionally, a new site in Mallorca is planned to open in 2024, enhancing its presence in the luxury tourism industry.
Since its launch, Supercar Sharing has attracted a membership of over 1000 from the sports car community, boasting order values of more than 8 million CHF in its portfolio. A highlight of its offerings is an exclusive co-ownership model for the Bugatti Chiron Sport, a landmark development in the sharing economy’s co-ownership sector.
Aiming to be a perpetual leader in the luxury sharing market, Supercar Sharing® is focussed on establishing 30 additional franchise territories in the next five years and increasing its fleet to over 200 high-end vehicles and supercars.
Revolutionising Luxury with a Co-Ownership Model
At the core of Supercar Sharing’s innovation is the Supercar Co-Ownership System®. This system allows global customers to purchase ownership shares, starting from a 10% stake, in vehicles such as those registered in Switzerland.
This co-ownership grants customers not only usage rights but also voting and participation rights in their selected vehicle. The advantages of this approach include:
- Shared Costs: The co-ownership model enables the distribution of purchase and operational costs for luxury vehicles among a select group of automobile enthusiasts, improving affordability and financial efficiency.
- Professional Management: Supercar Sharing manages all aspects of vehicle maintenance and insurance across its locations, providing a stress-free experience for co-owners.
- Efficient Cost Management: Over the long term, co-ownership is a more cost-effective and sustainable solution compared to individual vehicle purchases, leases, or rentals.
The company holds branding rights in 31 countries and generates revenue through diverse streams, including co-ownership, vehicle transactions, membership fees, vehicle rentals, and franchise partnerships.
Deivis H. Valdes, the founder and CEO of Supercar Sharing Group, comments on the company’s prospects: “We are proud of the growth and acceptance of our brand in the luxury car-sharing and tourism market so far. With our planned expansion and focus on franchise partnerships, we are confident that Supercar Sharing® will set the standard for the future of luxury sharing on a global scale.”
Deivis H. Valdes and Joschua Ammann, the main shareholders of Supercar Sharing AG, are in the process of identifying franchise partners for their successful model’s global expansion.
