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Car Club History
Most car clubs today are modeled after the successful industry pioneer, Classic Car Club. Over a decade ago, with a concept much like real estate timeshare and residence club programs, the UK Company introduced the very first car share club to maximize the driving experience of classic sports cars. From humble beginnings in a warehouse in East London with a handful of cars, the Classic Car Club has grown to 4 branches in the UK with over 1000 members and more than 100 cars.
In 2000, another UK car club was founded as former race driver Damon Hill formed P1 International with very much the same concept, but a focus exclusively on supercars rather than classics. With two locations, both at maximum capacity, P1 is often viewed as the gold standard of car clubs in the UK.
Over the years, several other European car clubs and multiple branch locations have been launched, but until 2005 the only U.S. club was for those that lived in the San Francisco Bay area. Since then, several car sharing concepts have opened in the states, each determining what type of vehicles to maintain in their fleet with some concentrating on classics, others on exotics, and still others creating a mix of the two.
Currently, car clubs can be categorized into one of three types; membership clubs, fractional ownership clubs and rental clubs. The one constant in the US car club market is that all are growing in membership, adding vehicles to their fleet and making plans for expansion to other locations.
Fractional Ownership Clubs