This document discusses fractional ownership of exotic automobiles through Curvy Road, which allows customers to pay only for the time they use high-end vehicles rather than owning them outright. It notes fractional ownership has been a proven concept for 25 years, growing to include thousands of jets worth billions. Curvy Road operates hubs in 4 cities, offering shares of vehicles to members. The service covers all ownership costs and hassles for customers. It aims to expand its fleet and locations to 18 vehicles nationally by 2015.
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Curvy Road update 2014
1. UPDATE 2014
Fractional Shares & Time-Ownership of Exotic Automobiles
Curvy Road. The most cost-effective way
to drive the greatest automobiles in the world.
2. What’s the background
of this service ?
Fractional Ownership
• 25 year Proven Concept
• Warren Buffet purchased NetJets
for $750 Million
• Fractional jet business, now:
over 25 companies
tens of thousands of customers
over 1,000 jets - valued at over $19 Billion.
3. •Why Exotic Car Fractional Ownership?
Purchasing an exotic car, outright = significant expense for owner
Significant depreciation, financing costs
Plummeting values of certain exotic cars
Prohibitive costs of ownership & hassles of logistics
insurance, maintenance, detailing, storage
Instead, with Fractional Ownership …
You only pay for the time you drive the vehicle
Curvy Road takes care of all the logisitics
All you need to do is drive & enjoy the car
4. Exotic Car Fractional Ownership growing nationwide
Started
Now
in 2000 as Exotic Car Share membership club
over a dozen companies nationally and increasing in size
Representing
at least 4 different business models
7. Why are people
buying this service ?
CurvyRoad members:
•Only pay for time when they can enjoy driving the car
(Instead of watching it depreciate in the garage)
• Curvy Road takes care of all details
(even: delivering vehicle to the fractional shareholder’s home or office)
------ More Cost-Effective than Ownership or Rental ------
8. How do people
use this service ?
Occasional
personal use by high net worth individuals
Business use for client visits, management or board use
Corporate sales incentives & signing/recruitment bonuses
Retail promotions
Employee
awards
Investor incentives
Sales Rewards
9. Off-season revenue
Jan thru April - off season
$90,000
$80,000
The Off-season generally
represents 1/8th of total
annual revenue.
$70,000
$60,000
$50,000
Revenue
$40,000
$30,000
$20,000
$10,000
$$2007
2011
2008
2012
2009
2013
10. Some of the Media that has featured
Curvy Road & Exotic Car Share
Harvard Business
School Press
published a book
entitled:
“Mass Affluence”
which featured our
company
within a chapter
named
Sharing the Rights
of Ownership.
The book Influence
of Affluence
includes a chapter:
“the Ownership
Experience” which
covers the history
of the Curvy Road
brand
11. Curvy Road brand formally
launched in late summer 2007
Currently:
•Offering 1/10th & 1/5th shares in 3 Car Groups
•Locations in Chicago, IL; Los Angeles, CA; New York, NY; & Naples FL
•Fleet of approximately 18 vehicles total, 6 in the Private Access Plan
•1,250 members total, 40 fractional shareholders, in multiple cities
•All-inclusive pricing means that members know exactly what they’re getting
17. Increasing web presence
offers significant growth
opportunity
On-line scheduling system, will
allow members to check
availability real-time
40% + of revenue comes
in via the internet
18. Curvy Road Holdings, LLC
The pioneer, the leader,
& the future
of exotic car fractional ownership:
2014/2015 Objectives:
•Develop the existing 4 hubs nationally to provide seemless service
•Increase portfolio to 18 Private Access Plan vehicles by 2015
•Maximize utilization of all vehicles & reduce non-warranty vehicles