Recent content by TheCarCrowd

Hi, we launched in November 2020 and fully funded the Peugeot 205gti with 64 investors pulling together to buy the car outright. We then paused due to COVID until April when we re-launched with a Clio V6. Again that’s now fully funded in 62 days with 69 people joining together to fund the car...

Hi, our profitability comes from an affiliate marketplace structure rather than fees from the cars. We set the business up in order to maximise return on investment for the shareholders and so The fees are just to break even on storage, maintenance, marketing etc. TheCarCrowd at scale will offer...

Hi, great questions. Ill try to answer each questions in turn below. Monetisation of the investment (disregarding any dividend) is only by selling shares in the secondary market, not by selling the car? - The car is fully owned by the shareholders as they own the limited company that owns the...

Hi, great questions. Ill try to answer each questions in turn below. Monetisation of the investment (disregarding any dividend) is only by selling shares in the secondary market, not by selling the car? - The car is fully owned by the shareholders as they own the limited company that owns the...

Thank you. Appreciate the feedback on the how it works not giving enough detail. We are refreshing the whole site and upgrading from the MVP we launched in October so i will look to ensure that all the comments and concerns from here are better addressed.

I set up the business for exactly that reason. I was lucky enough in my late twenties to have a Ferrari and loved every second of it. Since then i have sacrificed a sportscar to get onto the property ladder and grow a family. I felt like i really wanted to still have a piece of a classic car...

Than Thank you, appreciate the feedback.

Hi, All client money that is posted into an investment wallet is covered under the Financial Services Compensation Scheme FSCS up to £80k. Once the car is fully funded and the money moved into buying actual shares the investment is then backed by the underlying asset and not by the FSCS. In...

Hi, Please see above regarding the % fee for storage etc. The cars are not driven by TheCarCrowd members. The shareholders get to vote on what events and shows the cars attend and then any income earned from these shows is returned to the investors as dividends minus any costs incurred...

Hi, its a good question. The fee charges at point of investment can be up to 10% dependent on the car and that is laid out for the investor prior to investing. The more prestigious and hard to maintain the car the higher the % fee up to the 10% cap. We do benefit from economies of scale so...

We are focused on the investment side rather than being a supercar or classic car time share club. We want to give investors the best return on investment but also wanted it to feel more than just another boring investment where you get nothing back apart from a quarterly statement. That is...

Hi, Sorry i think there is a little confusion. The investment cars are not driven at trackdays. Instead we invite investors to use cars from one of our partners Great British Sportscars https://www.greatbritishsportscars.com/ as well as have passenger rides in Sporting Bears cars. We also...

Hi MrPea, thank you for your feedback and we will look to make the messaging clearer on the fees when we launch the new website in Jan. In terms of the share valuations, we have the cars valued quarterly either via TheMarket, Glenmarch, HAGI or Historics Auctions dependent on the make and...

Hi, My name is David the CEO of TheCarCrowd which i believe is the business being discussed on this thread. We had seen a bit of traffic come via this website so i wanted to check it out and see what members are saying. Firstly thank you to those who have spoken to us and remain positive on...