The economy may be in a fairly bad place right now, but the right people still have money to spend. How about on joining a car club where membership starts around $38,000/year and goes all the way up to $100,000+? Oh, I forgot to mention the $15,000 initiation fee. Today we’ll be profiling Luxautica, the ultimate car club.
What Is It And How Does It Work?
Luxautica is a high-end car club that allows the elite to have access to an arsenal of vehicles from a $184000 Aston Martin DB9, to a $1.7 million Bugatti Veyron. They even have one of seven Maserati MC-12′s ($1.4m) in their fleet.
For a yearly fee, members get access to points, which can be redeemed for a car. Let’s take a look at a sample scenario. Let’s say you get the Silver membership ($38,400), you are given 1,200 points. You could go for a Lamborghini Gallardo, which is 20 points for a weekday, 30 points for a weekend, or 140 points for a week. The cars in this price range should expect to be around this many points. So you could rent a Gallardo for about 2.5 months out of the year. On the other hand, their most expensive car, the Bugatti Veyron, will run you 1,000 points/day.
On top of having access to the cars, you also get a few extras:
- Access to the private member lounge
- Private VIP events
- Concierge services
- Access to premium tickets to local sporting events
- Chauffeur services for the Maybach and Rolls Royce cars
- Exclusive golf excursions
- Sales and acquisition services for exotic cars
The concept of why somebody would pay such high prices for just renting these sort of cars comes behind the high cost of ownership and the little amount of time these cars are actually driven. Between the cost of maintenance, and depreciation, these cars are very expensive to own. Luxautica lets you get access at potentially a much cheaper per mile cost when you look at the big picture…on top of more selection.
The Fleet Of Cars
Luxautica has a fleet of 20 cars worth over $11 million, but plans on growing it further. They said if they have 100 memberships, they will double the fleet. Here’s what you can currently expect:
Aston Martin DB9 Volante | $183,250
Bentley Flying Spur | $170,990
Porsche GT3 RS | $124,900
Spyker Laviolette | $278,000
Ferrari F430 | $173,079
Ferrari F430 Spider | $201,123
Lamborghini Murcielago LP640 | $313,600
Mercedes SLR | $495,000
Ferrari 599 GTB Fiorano | $264,034
Ford GT | $139,995
Lamborghini Gallardo | $180,050
Bentley GTC | $193,990
Lamborghini Gallardo Spyder | $206,000
Rolls Royce Phantom | $340,000
Mercedes Maybach 62 | $386,500
Porsche Carrera GT | $484,000
Saleen S7 | $555,000
Ferrari Enzo | $1.1m
Maserati MC-12 | $1.4m
Bugatti Veyron | $1.7m
Who’s Behind The Company?
Luxautica was started by Raju Mantena, some of the cars even came from his personal collection. Raju founded a privately held specialty pharmaceutical management firm in 2003, which he sold in 2006. He sold it for almost $200 million, more than enough to start Luxautica.
Luxautica is located in a 12,005 square-foot bulding that used to be the Millennia art gallery. Part of that space is a private lounge for members only.
The private lounge is a 4,800 square-foot clubhouse that features high-tech audio/video with 16 plasma screens, a game room that converts into boardroom, a cigar room, a private bar with world-class wine list and cigar collection, and a 1,600 square-foot patio.
If you don’t want to go for the cars, you can have access to the members lounge for $15,000/year. Gerry Mattia, an Orlando chiropracter who has a nondriving membership was interviewed in this article.
??I??ll take them over there, and they see $1.6 million Bugattis, and the club is done so extremely well, it??s very impressive to them. It??s great for me in business circles,?? Mattia said.
The social aspects are a plus, he said.
??It??s similar to a country club, but instead of it being golf and tennis, it??s cars,?? Mattia said. ??You get to meet a lot of other people. Most of these people, obviously, if you join this, are fairly successful. If you want to advance sometimes, that??s the place to be.?
No detail was overlooked, the lighting in the facility, done by Electronic Systems Design, was a $500,000 project on its own. In fact $2 million was spent in renovating the facility for Luxautica.
For us regular people that could only dream about driving these sort of cars, you can at least go look at them for $20/adults and $10/children. Here’s all of the contact info:
4190 Millenia Boulevard
Orlando, Florida 32839