Established in 2004 and located in Manhattan, Classic Car Club is a franchise of Classic Car Club London – founded in 1995 as the world’s first pre-paid exotic car club. The club has 200 members and 27 cars in New York and 900 members, 120 cars worldwide. This gives the club a 7-to-1 member-to-car ratio. The club also has the lowest average price per day ($175) in the industry.

Annual Membership Rates:

• One-time Initiation fee – $1,500


• Standard (Silver) Membership – $7,000 750 points


• Gold Membership – $10,500 1,500 points


• Lifetime Membership – $55,000 1,500 points

Classic Car Club plans to open up to eight U.S. locations over the next 15 months, starting in Miami, Atlanta, Austin, and San Francisco. Classic Car Club has a unique culture, with events and treks (e.g. a 2006 NYC to Miami road trip with the club’s cars).

The average member will use about 40 driving days per year and has the option to purchase additional points as needed. If a member has unused points at year-end they will be rolled over into the following 2 years (50% per year). There is a five-day maximum per each booking and members enjoy unlimited mileage and no insurance deposit. Sample cars in Classic Car Club’s inventory: 1965 AC Shelby Cobra, 1972 Jaguar E-Type Roadster, 1989 Ferrari 348 GTB, 1977 Aston Martin V8, 1989 Rolls Royce Corniche II, 1965 Mustang Convertible, and 2005 Lotus Elise HRM Edition.

Learn more about luxury car clubs in the Helium Report Consumer’s Guide to Fractional Car Clubs.