How It Works -
Real Vehicle Ownership,
‍Shared Cost.

Car co-ownership (sometimes called fractional car ownership) means you legally own a percentage of a vehicle — just like owning shares in a home or business.

With Archipelago, you hold 20–50% equity in a specific car, giving you true ownership, not just rental rights. Ownership is real, equity-based, and structured through a legal entity.

You can choose from vehicle listings to join a group, request a specific vehicle in your city, or start a group with people you know.

Archipelago helps small groups of like-minded enthusiasts pool their resources to purchase and manage unique vehicles. Whether it’s a classic Porsche, a modern Lotus, or a luxury SUV, co-owners are matched based on location, driving habits, and expectations.

Once a group is formed and enough shares are spoken for, the co-owners vote to approve the purchase and agreement. Archipelago then acts as escrow, finalizes the legal structure, and makes the purchase on behalf of co-owners.

With shared ownership, you book the car through the Archipelago app and get guaranteed access to your share of days each year. Cars are stored securely and ready to drive, whether you’re planning a weekend trip or a last-minute spin.

Each owner is guaranteed access to their share of days in the year—for example, a 25% owner receives 91 out of 365 days. Seasonal weekends and holidays are distributed evenly across the group.

Co-owners split all annual fixed costs (insurance, storage, registration) proportionally to their share size, while variable costs (tires, maintenance, fuel) are billed quarterly based on usage. Every expense is transparent, so you only pay your fair portion.

Unlike car clubs or subscriptions, fractional car ownership gives you equity you can resell. You can list your share on Archipelago’s marketplace or transfer it privately.

Other co-owners in your group have first right of refusal. If your share has appreciated, you keep the profit. If it’s worth less than what you paid, your depreciation is limited to your share size. If the group decides to sell the entire vehicle, proceeds are divided by share size.

Archipelago manages everything from registration and insurance to service schedules and vendor coordination. That means no hassles, no paperwork, and a vehicle that’s always ready when you are.

Archipelago charges a one-time $2,000 setup fee per co-owner to create the legal entity, plus $300 per year for management. You also share operating expenses fairly with your group. Unlike rental services, there are no hidden markups — just transparent, predictable costs.

We don’t mark up third-party services—so recommendations for insurance, storage, or repairs are made in your best interest and you can easily choose your own vendors.