RE: Million Pound Morning
Discussion
well, each person doesnt register the car on the V5 after a days driving so yes, its one owner!
I never joined Ecurie 25 as they have cars worth £60k in same group as Ferrari 430, also have R8 and M3 two groups lower than P1 so therefore, equates to same price but you get £6m choices not £2m - its a no brainer. Might join P1 now if I can chat directly to an existing member!
I never joined Ecurie 25 as they have cars worth £60k in same group as Ferrari 430, also have R8 and M3 two groups lower than P1 so therefore, equates to same price but you get £6m choices not £2m - its a no brainer. Might join P1 now if I can chat directly to an existing member!
andyps said:
There was an article in a magazine relatively recently about the costs of the various cars in the fleet. One or two were pretty eye watering, but I think it was things like the Porsche's which cost them the least to run.
Not much need to feel sorry for them over the depreciation. The fact that they are still in business after 8 years indicates that they are doing OK out of it!
Think i saw the same article, made interesting reading, i'm sure i read something about the 911s only staying on the fleet for a few months, because they'd covered 20k miles in that time and now had to go.Not much need to feel sorry for them over the depreciation. The fact that they are still in business after 8 years indicates that they are doing OK out of it!
There was another thing about how ferrari redesigned the exhaust because cars on the P1 fleet were getting failures every few thousand miles.
Must be a stern test for the cars considering how many miles these sort of cars would normally do.
jon- said:
The Hitman said:
smele said:
The fleet is worth £6million and every year it depreciates 20 to 25%. That’s between 1.2 and £1.5million a year.
Ouch, that's harsh when you put it into real numbers.
Well it wouldn't depreciate and at £1.2 - £1.5 mil a year, with in 6 years they'd be in negitive figures which wouldn't happen. The value of the cars may lower every year by a certain percentage, but that doesn't mean it'll be by £1.2 million.Ouch, that's harsh when you put it into real numbers.
I'd run a company like that for 20k a year profit to pay myself if it meant i had the keys to all those cars
I've read the arguments for and against owning these cars. Depreciation, running costs etc.
But how can you truly understand car ability and appreciate all the hard work the engineers as put into a car by owning it for a day or a week. If you've never driven that car before, how will you know how hard to push it?
Yes its a rental, so you can drive it hard, but to be honest, when you've got an excess of between four to five figures, hanging over your head, that right foot my become some what less heavier!
Also they do put a CAP on mileage, one company I spoke to said it was 150 per day. Well that’s nothing if you live in London, and want to take it for a blast to Silverstone! Guess you'll have to trailer it up!!
Also is there a clause saying you can not take in on race track?
These clubs are designed for fancy rich boys to show off the mates at events and down the local golf club, not for proper enthusiasts.
Its great to have access to such a large array of super cars, but I'd rather own one, and really appreciate it, drive it till my heart was content, which will be really never. As every time I turn the key to mine, it gives me such a Hugh grins. Last road trip I did down the Gauge South of France, it shocked me further, as I really started to understand the cars ability.
But my over riding factor to owning one, is when you pull up in your shiny new super car, is far better to say to your mates, this is my car as apposed to I've only rented it of the weekend!!
But how can you truly understand car ability and appreciate all the hard work the engineers as put into a car by owning it for a day or a week. If you've never driven that car before, how will you know how hard to push it?
Yes its a rental, so you can drive it hard, but to be honest, when you've got an excess of between four to five figures, hanging over your head, that right foot my become some what less heavier!
Also they do put a CAP on mileage, one company I spoke to said it was 150 per day. Well that’s nothing if you live in London, and want to take it for a blast to Silverstone! Guess you'll have to trailer it up!!
Also is there a clause saying you can not take in on race track?
These clubs are designed for fancy rich boys to show off the mates at events and down the local golf club, not for proper enthusiasts.
Its great to have access to such a large array of super cars, but I'd rather own one, and really appreciate it, drive it till my heart was content, which will be really never. As every time I turn the key to mine, it gives me such a Hugh grins. Last road trip I did down the Gauge South of France, it shocked me further, as I really started to understand the cars ability.
But my over riding factor to owning one, is when you pull up in your shiny new super car, is far better to say to your mates, this is my car as apposed to I've only rented it of the weekend!!
Edited by Wayney on Monday 17th December 14:45
mightymeatfeast, I'm a member. Drop me a line at xvallee@gmail.com
Wayney said:
Also is there a clause saying you can not take in on race track?
These clubs are designed for fancy rich boys to show off the mates at events and down the local golf club, not for proper enthusiasts.
Yes, ecurie25 and P1 both stop you from taking them on track.These clubs are designed for fancy rich boys to show off the mates at events and down the local golf club, not for proper enthusiasts.
As for your second point, this is the kind of ridiculous biggoted veiw that gets my goat a little.
I'm just about to enter my 3rd year of ecurie25 membership, and i am not a 'fancy rich boy'. I'm an automotive engineer, now project manager, who has worked damn hard for the money i earn and am lucky to own a couple of patents. Take a look at my previous car history, and bother to talk to me, and you'll see i'm as much of a 'proper enthusiast' as anyone on this site.
In the past 2 years i've done thousands of miles, and weeks of my life spent in a wide variety of the best supercars the world has to offer.
Can you say the same? To be honest your post just stinks of jealousy to me, and thats a little sad.
Don't pass judgement until you have all the facts...
Wow, Wayney, what a tosser. And not a very bright one at that (oh and by the way, hands up all those who think Wayney actually does own a supercar...).
Love the fact that you slag the clubs off by saying that "These clubs are designed for fancy rich boys to show off the mates... not for proper enthusiasts." then go on to say that "...my over riding factor to owning one, is when you pull up in your shiny new super car, is far better to say to your mates, this is my car..." So, that would be showing off to your mates, then...
In fact, one mark of a true enthusiast might be that it doesn't matter if you own it or not. It's about the driving not the posing. It's about the car, not where it places you on the achievement scale.
I was a member of P1 for two years and I can say categorically that it works for the enthusiast. Consider the fact that you get up to 7,000 miles a year while the average Ferrari owner does just 2,500 (a figure I find hard to believe - what's wrong with these people!). Also, while undeniably, actually owning a Supercar wouldn't exactly be a hardship, you own one and that's it. At P1 you get to drive 'em all. And with 7,000 miles (no, there isn't a 150 a day limit) you do get to know the cars well. Oh, and yes, I did drive them hard. Very hard - I know where the limit of an F430 is on all the Mannetino settings. If the excess plays on your mind so much then maybe you shouldn't be driving something who's only purpose is to be driven hard.
And for those who are saying that écurie25 offers better value, actually it offers exactly the same value when you work your way through the whole equation. You pay half as much, you get half as much.
Like Beefmeister I am neither rich nor fancy, but what I am is a very satisfied P1 customer.
Love the fact that you slag the clubs off by saying that "These clubs are designed for fancy rich boys to show off the mates... not for proper enthusiasts." then go on to say that "...my over riding factor to owning one, is when you pull up in your shiny new super car, is far better to say to your mates, this is my car..." So, that would be showing off to your mates, then...
In fact, one mark of a true enthusiast might be that it doesn't matter if you own it or not. It's about the driving not the posing. It's about the car, not where it places you on the achievement scale.
I was a member of P1 for two years and I can say categorically that it works for the enthusiast. Consider the fact that you get up to 7,000 miles a year while the average Ferrari owner does just 2,500 (a figure I find hard to believe - what's wrong with these people!). Also, while undeniably, actually owning a Supercar wouldn't exactly be a hardship, you own one and that's it. At P1 you get to drive 'em all. And with 7,000 miles (no, there isn't a 150 a day limit) you do get to know the cars well. Oh, and yes, I did drive them hard. Very hard - I know where the limit of an F430 is on all the Mannetino settings. If the excess plays on your mind so much then maybe you shouldn't be driving something who's only purpose is to be driven hard.
And for those who are saying that écurie25 offers better value, actually it offers exactly the same value when you work your way through the whole equation. You pay half as much, you get half as much.
Like Beefmeister I am neither rich nor fancy, but what I am is a very satisfied P1 customer.
As a member of P1 for many year, I can reveal the truth about P1.
As someone who has had several performance / super cars – seven all at one once! I got sick of insuring, buying, selling and cleaning them.
Even though I still have a few rare performance investment cars, I am bored of putting my name down on the list of an 'everyone wants' car, only to find out it is not very nice at all, only to end up wasting weeks trying to sell it and losing money on it along with everyone else in the Sunday Times.
P1 is the best of the bunch, but then again I have not tried the Northern ones, as I live in London. P1 is not cheap and you have to ask why you want it. I joined because having a family I like having a car for different purposes, so if I want to drive to Scotland for a wedding, I’ll take the Cayenne Turbo S with the kids, luggage and all. If I am taking friends out for a stag do, I’ll take the Bentley Silver Spur. If I want to go for a weeks tour of the alps, then I make take the Lambo Gallardo and leave the kids at home. Recently I drove the Bentley to take a friend to her wedding – it went down well.
I would never go on a test track, I am too competitive and the thought of bending someone else’s car is not worth thinking about, I’d rather by a cheap old M3 and have it race prepped (roll cage, brakes, tyres, firm suspension, remove rear seats, etc..) - insurance won't cover racing anywhere, so at least if you bust it, it won't hurt as much.
The reason why P1 works so well for me is that many supercars or high performance cars are junk and over priced hype. P1 saves me a lot of money. Nothing is worse than buying a Ferrari and having it break down endlessly, with it being stuck in the garage for weeks on end - with P1, I just call them and they take it away and give me another car. I remember taking out the 599, it only lasted about 25 miles, until the seat electrics packed up, but thank god it did, I have never been in such an uncomfortable car. Then you have the Lambo Murcielago. This car was made for one thing only - posing and wow does it do it well. Apart from that what else is it good for? Touring - no?, Comfort - no?, Track days - no? Just posing for people who like to look and hear its incredible sound!! I could go on for ages about the myth of certain cars, that once you’ve owned them, you would think very differently – P1 allows you to enjoy without any stress at all. If you really like it, you can go and buy one.
Then there are cars, that I would love to drive hard, but would never own, ie; Porsche cars - sorry for those owners on this board, but I don't like the stereo type of owners and my wife would never allow me to drive one. Amazingly I found the Cayman a fantastic car, but I would never own one. Then there is the BMW Z4 coupe - an amazing car to drive, but why would I own one? Do my friends care that I don't own the cars - no, they just enjoy going in a different car each week when we go out for a meal. Most think its quite clever, enjoying, but not buying! The best part is I don't have to visit some stuck up garage and pretend that I want to buy their silly car with 12 months waiting list - just so I can get a test drive, with the plonker saying, 'oh it suits you so well, sir, blah, blah'
P1 is made for those that enjoy driving and freedom of choice - sometimes though it backfires and costs me lots of money. I remember driving the RS6 and having to buy one it was so good. The same happened with the Z8. I had to really restrain myself not to buy the Lambo Gallardo spyder! But P1 also saves me money and several cars I have cancelled orders on, after spending a weekend in the P1 version. The cars are also very well looked after and I would not hesitate in buying a used car from P1 as opposed to a private seller – they won’t even deliver it, unless it is spotless inside and out.
And to top it off the team at P1 are great, really nice people. Sometimes we have petty arguments, as I want them to buy more 'fun' colours and American cars, ie; vipers, corvettes, etc.. but it doesn't happen. But then again the costs, servicing and depreciation are eye watering and they have to make a profit, otherwise its back to buying them myself again.
As someone who has had several performance / super cars – seven all at one once! I got sick of insuring, buying, selling and cleaning them.
Even though I still have a few rare performance investment cars, I am bored of putting my name down on the list of an 'everyone wants' car, only to find out it is not very nice at all, only to end up wasting weeks trying to sell it and losing money on it along with everyone else in the Sunday Times.
P1 is the best of the bunch, but then again I have not tried the Northern ones, as I live in London. P1 is not cheap and you have to ask why you want it. I joined because having a family I like having a car for different purposes, so if I want to drive to Scotland for a wedding, I’ll take the Cayenne Turbo S with the kids, luggage and all. If I am taking friends out for a stag do, I’ll take the Bentley Silver Spur. If I want to go for a weeks tour of the alps, then I make take the Lambo Gallardo and leave the kids at home. Recently I drove the Bentley to take a friend to her wedding – it went down well.
I would never go on a test track, I am too competitive and the thought of bending someone else’s car is not worth thinking about, I’d rather by a cheap old M3 and have it race prepped (roll cage, brakes, tyres, firm suspension, remove rear seats, etc..) - insurance won't cover racing anywhere, so at least if you bust it, it won't hurt as much.
The reason why P1 works so well for me is that many supercars or high performance cars are junk and over priced hype. P1 saves me a lot of money. Nothing is worse than buying a Ferrari and having it break down endlessly, with it being stuck in the garage for weeks on end - with P1, I just call them and they take it away and give me another car. I remember taking out the 599, it only lasted about 25 miles, until the seat electrics packed up, but thank god it did, I have never been in such an uncomfortable car. Then you have the Lambo Murcielago. This car was made for one thing only - posing and wow does it do it well. Apart from that what else is it good for? Touring - no?, Comfort - no?, Track days - no? Just posing for people who like to look and hear its incredible sound!! I could go on for ages about the myth of certain cars, that once you’ve owned them, you would think very differently – P1 allows you to enjoy without any stress at all. If you really like it, you can go and buy one.
Then there are cars, that I would love to drive hard, but would never own, ie; Porsche cars - sorry for those owners on this board, but I don't like the stereo type of owners and my wife would never allow me to drive one. Amazingly I found the Cayman a fantastic car, but I would never own one. Then there is the BMW Z4 coupe - an amazing car to drive, but why would I own one? Do my friends care that I don't own the cars - no, they just enjoy going in a different car each week when we go out for a meal. Most think its quite clever, enjoying, but not buying! The best part is I don't have to visit some stuck up garage and pretend that I want to buy their silly car with 12 months waiting list - just so I can get a test drive, with the plonker saying, 'oh it suits you so well, sir, blah, blah'
P1 is made for those that enjoy driving and freedom of choice - sometimes though it backfires and costs me lots of money. I remember driving the RS6 and having to buy one it was so good. The same happened with the Z8. I had to really restrain myself not to buy the Lambo Gallardo spyder! But P1 also saves me money and several cars I have cancelled orders on, after spending a weekend in the P1 version. The cars are also very well looked after and I would not hesitate in buying a used car from P1 as opposed to a private seller – they won’t even deliver it, unless it is spotless inside and out.
And to top it off the team at P1 are great, really nice people. Sometimes we have petty arguments, as I want them to buy more 'fun' colours and American cars, ie; vipers, corvettes, etc.. but it doesn't happen. But then again the costs, servicing and depreciation are eye watering and they have to make a profit, otherwise its back to buying them myself again.
XaveOxf said:
I'm actually a member of P1 since september. I've only driven a couple cars so far and enjoyed every minute of it! The service has been great so far.
I chose them over ecurie 25, despite the premium, mainly because they were closer to my office and of their wider choice of cars. My next rental is already booked for the weekend of my wife's birthday: the Aston martin Vantage V8. Also, I'll drive the 430 F1 to France in may.
out of curiosity how much is the annual membership (do you have to be a big earner to be a member or will my measly £19000 a year not qualify)I chose them over ecurie 25, despite the premium, mainly because they were closer to my office and of their wider choice of cars. My next rental is already booked for the weekend of my wife's birthday: the Aston martin Vantage V8. Also, I'll drive the 430 F1 to France in may.
I am a P1 member and also the owner of a Lambo.
I feel this is the best mix as you get to know you own a supercar as well as being able to choose which ever car best suits the occasion.
If people feel these clubs are for posers you are so wrong. Perhaps these people have never driven or owned a supercar.
I would champion P1 to anyone as I feel along with owning your own supercar it is the ideal situation. The costs of membership are actually less than running a Lambo for a year. Also you can try before you buy and save yourself from making a very big mistake.
I feel this is the best mix as you get to know you own a supercar as well as being able to choose which ever car best suits the occasion.
If people feel these clubs are for posers you are so wrong. Perhaps these people have never driven or owned a supercar.
I would champion P1 to anyone as I feel along with owning your own supercar it is the ideal situation. The costs of membership are actually less than running a Lambo for a year. Also you can try before you buy and save yourself from making a very big mistake.
Glad to read comments from other happy members! Sorry I missed the xmas party.
The membership costs are on their website. http://www.p1international.com/P1options.php
You're looking at £15k the first year. They accept your membership based on your attitude, not on your portfolio of properties.
If you only have a few hundreds to spend, then I would recommend hiring from Avis Prestige or similar.
Xavier
The membership costs are on their website. http://www.p1international.com/P1options.php
You're looking at £15k the first year. They accept your membership based on your attitude, not on your portfolio of properties.
If you only have a few hundreds to spend, then I would recommend hiring from Avis Prestige or similar.
Xavier
Actually, by the time you've factored in petrol (especially if you drive 'em as God intended), the odd curbed and referb'd wheel and the fact that you'll be out and about and all the expense that that inevitably involves, you should probably budget for 19 - 20K.
And don't forget that 5K excess... just in case...
And don't forget that 5K excess... just in case...
Edited by SR225 on Monday 17th December 23:28
Wonder why nobody compared the P1/owning of a supercar with visiting a fancy club with hostesses/being married to a georgeous wife. Variatio delectat. On the other hand a good relationship to your wife/being able to drive your supercar on the limit is something very satisfying.
Best thing obviously is to have a liaison with a married wife and drive the supercars of your friends. So you have all the fun without the cost.
Best thing obviously is to have a liaison with a married wife and drive the supercars of your friends. So you have all the fun without the cost.
Edited by BSC on Tuesday 18th December 01:50
I too am a member of P1 and have been for three years. I am an overseas member which means because I live abroad I get to spread the points and mileage over two years instead of one. As with most things you get what you pay for - this is great for me as I can be met at the airport with whatever I fancy (car-wise), drive it like crazy for a week or so, then leave it at back at the airport on the way home.
As far as some of the other comments go, I too have found it a good way to realize that Ferrari's are really quite horrible to drive and be with, Porsches are great to drive but are boring inside and are too quiet (GT3 RS excepted), and that I really like the Aston's. Perhaps most telling is that this has saved me loads of money because after driving all their stuff, it's my own Z06 I like to go back to, which in the US cost me the equivalent of Mini Cooper money, is most fun to drive and makes all the right noises.
Finally whoever said driving across the continent is the only way to get to know a car should know I have done this twice now with P1 - 10 days in a Bentley Continental and a week in a Vantage V8.
As far as some of the other comments go, I too have found it a good way to realize that Ferrari's are really quite horrible to drive and be with, Porsches are great to drive but are boring inside and are too quiet (GT3 RS excepted), and that I really like the Aston's. Perhaps most telling is that this has saved me loads of money because after driving all their stuff, it's my own Z06 I like to go back to, which in the US cost me the equivalent of Mini Cooper money, is most fun to drive and makes all the right noises.
Finally whoever said driving across the continent is the only way to get to know a car should know I have done this twice now with P1 - 10 days in a Bentley Continental and a week in a Vantage V8.
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