What is prorata car Why Important For you
No.8: Prorata allows you to co-own a car with several other like 4-12.
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No.7: You buy a share of the car (minimum 8.33%), which grants you access to the car for a specific amount of time each year (e.g., 30 days).
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No.6: This is a good option if you only need a car occasionally and don't want the hassle and expense of full ownership.
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No.5: Prorata takes care of maintenance, insurance, and other costs associated with the car.
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No.4: you are only paying for a portion of the car, it is a more affordable for you.
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No.3: As you are not the solo owner, the car's depreciation is spread amongst all co-owners.
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No.2: Prorata handles car maintenance, insurance, and other administrative tasks
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No.1: Sharing a car requires coordination. There could be conflicts if multiple co-owners.
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