Hagerty Launches DriveShare for Classic Car Rentals
Collectible vehicle insurer Hagerty has acquired the Classics&Exotics peer-to-peer online vehicle sharing service, more or less an Airbnb for classic and exotic cars, and is relaunching it as DriveShare by Hagerty.
It’s bit more complicated than the typical car rental arrangement – customers must be at least 30 years old and have their driving history vetted and approved before participating, and both a $500 security deposit and a nominal service charge are required with each rental – but these are far from being Hertz- or Avis-grade rides.
For example, if you’re planning a trip away from the urban jungle to a more organically carved area where the roads wind and twist around themselves like a cobra, you could rent a 2008 Lotus Elise California Edition to gobble up the curves for $500 a day. Want to look more successful – perhaps even adventurous – at your next class reunion? Impress the other poseurs by climbing out of a 1991 Porsche 911 for $450 a day. And if you’re looking for something a bit more eccentric than an ordinary executive car for a wedding party (or funeral procession, for that matter), you can drive a bright yellow 1980 Cadillac Eldorado Biarritz coupe to the festivities for a mere $125 a day.
The costliest model we found on the site was a 2015 Lamborghini Aventador in Venice, CA renting for $3,300 a day, which is about the current asking price for a 30-year-old Porsche 944 on a used-car dealer’s lot.
Cars are searchable by category, make and model, year, price per day, and other variables. The vehicle’s owner establishes the rental price and sets pickup and drop-off details with the customer. All vehicles come with up to $1 million in insurance protection, along with the Hagerty Plus roadside assistance program at no extra cost, but this is far from being the usual tow truck service. According to the company, dispatch operators are knowledgeable about classic cars and their particular foibles, and flatbed service vehicles can take care of lockouts, jump-starts, tire changes, and fuel delivery, and are equipped with soft straps in case the car needs to be towed in for service.
Unfortunately, inventory is still limited and can be restrictive depending on where you live. For example, out of 135 cars listed as of today on DriveShare.com, a search for vehicles accessible to the Chicago area netted just two models, including the above shockingly yellow Caddy. While we found eight vehicles near Detroit, including a customized 1951 Pontiac Chieftain, zero rides came up within proximity of St. Louis.
On the other hand, those living near Los Angeles have a bounty of 22 models with which to make a date, including several Lamborghinis, a 2016 Rolls-Royce Wraith, and a full replica of “KITT” (aka the 1989 Knight Industries Two Thousand), which was the modified 1982 Pontiac Trans Am from the classic TV show Knight Rider, and is going for just $174 a day. The listing says it has a working scanner light, a functional dashboard, and even talks, just like the original.
Only unlike the original, there’s no smoke screen, flame thrower, or tear gas launcher, and you won’t find David Hasselhoff behind the wheel.