What’s CarSlice’s long-term vision?
To make luxury mobility affordable, flexible, and profitable — combining ownership, community, and AI to redefine how India owns and drives cars.
What happens if the car is damaged?
Insurance covers damages as per the policy. Any uncovered portion is shared by the person damaged if any as per the LLP agreement.
How is car maintenance handled?
All cars are maintained by authorized service centers with CarSlice monitoring sensors for tracking condition and maintenance cycles.
What happens if I don’t use my allotted days?
You can trade or gift unused days to other verified members or roll them over to the next cycle.
How do I book my car days?
Through the CarSlice App – choose available slots, confirm booking, and receive smart key or pickup instructions.
Are there annual costs?
Yes, a transparent annual maintenance fee covers insurance, service, storage, and management — shared proportionally among co-owners.
Do I earn any ROI?
Yes, in multiple ways:
- Car value appreciation or resale profits
- Revenue share if the car is monetized (film shoots, events)
- Reduced depreciation vs. traditional ownership
What is the minimum entry cost?
Starting from ₹3–5 lakh per slice for premium cars, and ₹10–15 lakh for luxury vehicles.
Is this structure legal in India?
Yes. It complies with:
- The Indian Contract Act (1872)
- Companies Act, 2013 (LLP structure)
- Motor Vehicles Act, 1988 and is vetted by top legal experts.
Can I sell my slice anytime?
Yes. You can resell through the CarSlice Marketplace to other verified members, or participate in quarterly exit rounds.
Who holds the RC (Registration Certificate)?
The RC remains in the name of the LLP.
All co-owners are registered as partners, ensuring shared legal ownership.
How do I legally own a car slice?
Each car is owned through a registered LLP. You become a partner/unit holder, and your share is recorded in the LLP Agreement.
You receive:
- LLP Agreement Copy
- Ownership Certificate
- KYC-verified documentation
What if two users request the same car?
AI automatically prioritizes based on slice percentage, booking frequency, and fairness matrix, ensuring transparent and equal opportunity.
Are there switching fees?
Basic switches within the same tier are free.
Upgrades (to higher model/value) may have nominal differential fees.
Can I switch cars across cities?
Yes, with CarSlice Inter-City Access, you can book your available days in another city where CarSlice operates, subject to verification and logistics.
How does switching work?
Open the CarSlice App
Check available vehicles in your city
Request a “Switch”
AI verifies slot compatibility and value equivalence
Approval → confirmed within seconds
What is the Car Switching feature?
CarSlice lets owners switch usage between different cars of similar or higher category.
For example:
You own a slice in a BMW 3-Series, but can switch your upcoming usage week with an Audi A6 or Range Rover within your tier.
How does AI ensure fairness among owners?
CarSlice’s algorithm tracks each user’s mileage, usage hours, and city limits to automatically balance access and prevent misuse.
What is the CarSlice AI Assistant?
An in-app AI Concierge that helps users:
- Book cars and manage time slots
- Analyze ROI and car usage history
- Get predictive alerts (maintenance, resale timing, etc.)
- Connect with nearby verified members