Once there are a minimum of 10–12 people interested in a premium car in any city, a group can be formed after verification to co-own the car. 

The car will be registered in the company name, while all members of the privileged group co-own the car as equal shareholders. A member can take more than one membership to avail more days, limited to 3 memberships per car. 

The company is responsible for:

• Forming the privileged car-owner group
• Managing car allocation according to slot bookings
• General car maintenance
• Parking and chauffeur allotment
• Fair distribution of car slots
• Car parking
• Insurance issues
• Distribution of car sale proceeds after 5 years 

The advantages include:

• A brand-new car experience rather than a used rental car
• Chauffeur-driven, well-maintained and clean cars
• Better resale value
• Parking and car safety handled by the chauffeur
• White-board registration instead of a yellow board
• No branding on the car, providing a private-ownership experience
• Cost is approximately 5–6 times cheaper than rental. 

• AMC: 2.5–2.9% of the cost of the car, depending on the class
• One-time membership fee: 10.5% of the on-road cost
• Annual subscription fee: 0.5% of the on-road price

These charges compensate for the 60 days of usage per year and 300 days over five years.

The membership and co-ownership period is 5 years. The minimum membership period is 2 years. The car can be sold before 5 years if at least 75% of members agree. 

All general service, repair and maintenance charges are covered under the AMC.

Prive’wheels does not encourage this practice. If a member chooses to drive, they are fully responsible for any damage or accident and all related charges. 

There are no setup fees. The booking fee is ₹15,000, which is adjusted against the final membership fee of 10.5% of the on-road cost.

The booking provides priority for membership in your city and an opportunity for an additional ₹10,000 early-bird discount. Members should mention the city and car they wish to co-own.

After membership approval, when payment needs to be made to the car dealer, the balance membership amount will be collected after adjusting the ₹15,000 booking fee and applicable ₹10,000 early-bird discount.

AMC payment can be made after the car is delivered to the company and before the first slot booking.

The booking amount and early-bird discount, if applicable, will not be lost.

Bookings are made on a first-come, first-served basis. Members can book through the app:

• Maximum 60 days in advance
• Maximum 10 consecutive days at a time
• Cancellation is allowed up to 5 days before usage
• Late cancellation results in a penalty of 2 days deducted from the member’s yearly allocation.

Each member is allotted 60 days per year, totaling 300 days over 5 years.

Bookings are made on a first-come, first-served basis.

Yes. A maximum of 1 leftover day can be carried over to the next year.

The company will try to provide another car. If the delay is caused by another member’s non-compliance with the rules, that member will be charged a penalty of 3 days for each day of delay.

The company will try to provide an alternative car or credit the unavailable days to the member’s account for later use. 

The car is provided with a full tank and must be returned with a full tank. For EVs, the car should be charged at the member’s residence before returning, if possible. Otherwise, it should be returned earlier for charging at the parking location.

A maximum of 9–10 hours of chauffeur duty is recommended. Additional hours can be paid as overtime at ₹150/hour.

Yes. If the referred person becomes a customer:

• Referrer receives ₹10,000
• Referred customer receives ₹5,000
• Both are credited as a one-time benefit.

Yes. Membership can be sold or transferred. Waitlisted members receive the first opportunity to claim the membership at a negotiated price. The company can assist in identifying members, with documentation/service charges applicable. 

Yes, you can and we encourage you to do it.