Hagerty, the insurance provider for classic and special interest cars, announced that it has purchased the Massachusetts-based online rental system formerly known as Classics&Exotics. The latter had been in operation since 2014. Rebranded and online as DriveShare, will enable enthusiasts and perhaps those who are just curious or nostalgic to rent the classic car of their dreams.
DriveShare by Hagerty is the nation’s premier enthusiast car rental community, bringing the “sharing economy” into the car lover’s garage.
Automotive enthusiasts now have the ability to experience a wide range of fun and unique vehicles, while classic and collector vehicle owners can offset expenses by renting their cars to pre-screened, highly qualified renters. Every rental includes up to $1 million in insurance protection and access to the most comprehensive full-service roadside program designed specifically for unique cars. Whether a person is looking for a 1956 Chevrolet Bel Air for a night out on the town or a 1979 Ferrari 308 for a drive down the coast, DriveShare connects owners with renters and is free to join with no costly membership fees.
Prospective renters can search the DriveShare site by make, model, category, and location. When matches are found, you are shown the cars with a list of specific features, contact information, and price per day, which start around $99. Of course, those daily rental fees can reach into the multiple thousands depending on the car. A recent search in the classic car category found a 1978 Triumph Spitfire available at $175 per day in Kansas, while a 1960 Jaguar Mark IX sedan in Ohio would set you back about $500 per day. A 2010 Jaguar XK8 coupe in Michigan could be had for $200 per day, while a 1966 Ford Anglia in California is available for $225 per day. A beautiful 1958 MGA in Massachusetts shows up for $175.
Obviously, DriveShare is not an inexpensive option, but for those looking for a special car for a special occasion, it might be just the thing. It could also be an interesting way to test drive the car of your dreams to see if your dream is really all it is cracked up to be. It is a horrible thing to dream of a certain sports car all your life only to find out when you are ready to purchase that your feet can’t manipulate the pedals in the cramped footwell. Or that your back can’t suffer the seating position after an hour’s ride.
As a classic car owner, you can also use the DriveShare service to rent your car. The car owner sets the rental price, with guidance, and any deposit. The owner also gets to review prospective renters and then connect with them personally. Think of DriveShare more as a matchmaking service than an actual rental provider. If you are comfortable with other folks using your ride, this could be an interesting way to finance other purchases or restorations. If you are interested in renting your car, check out all the info on DriveShare’s site.