San Diego, CA (PRWEB) April 21, 2005
CoachShare, Inc. recently launched a fractional ownership program that enables participants to enjoy the benefits of luxury motor coach ownership at greatly reduced cost. Luxury motor coaches, the largest and most lavish form of recreational vehicle (RV), can have sticker prices ranging from $100,000 to more than $500,000; this fractional ownership program divides the purchase and operating expenses between owners, bringing luxury RV vacationing within the budgets of many American families.
ÂBefore this program, luxury RV ownership posed a serious financial drain,Â explained CoachShare CEO Jim Palmer. ÂWhen you only use this type of vehicle for a few weeks each year, the high purchase price and expenses for storage, maintenance and depreciation are hard to justify. Through our program, these costs are shared by a small group of CoachShare members, who can enjoy the ownership of a $100,000 luxury RV for as little as $14,000. Compared to private ownership, our members save up to 80 percent of the three-year total cost.Â
Each CoachShare RV can be owned by at most eight members, who agree to a three-year term of ownership. When the term elapses, the RV is sold and the proceeds are divided between the owners, who have the option to invest in a new luxury RV. During the term, CoachShare manages all the ownership details, including delivery & pickup, storage, insurance, maintenance, cleaning and DMV fees.
Coaches are delivered with all the high-end amenities needed for a complete vacation: cookware, dinnerware, appliances, outdoor furniture Â even monogrammed bed linens and satellite home theater system. Members only need to pack clothing, since anything else they might need is in the coach at delivery.
ÂWith our multiple season programs, we address the needs of a broad range of RV enthusiasts, from snowbirds who spend the winter in Arizona and Florida to families enjoying their summer vacations throughout America.Â Palmer concluded.
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