1 Choose Your Car & Ticket Size
Select a premium/luxury car listed on CarSlice. Decide how many tickets (fractions) you want to own. Each ticket represents a fixed percentage ownership.
2 Become a Partner in LLP
For every vehicle, a separate LLP (Special Purpose Vehicle) is created.
- You become a partner in that LLP based on the number of tickets purchased
- The LLP becomes the registered legal owner of the car.
3 Start Using Your Car
Enjoy the car through a fair usage calendar on the CarSlice app/portal.
- Usage is allotted in proportion to tickets held.
- You can also trade unused days within the CarSlice community.
4 Hassle-Free Management
CarSlice takes care of all back-end tasks:
- Insurance, tax, and compliance
- Maintenance & servicing
- Driver support (if opted)
You just focus on the experience.
5 Exit After 5 Years (or Earlier)
At the end of 5 years (or upon early collective decision):
- The LLP sells the vehicle.
- Sale proceeds are distributed among partners in proportion to ticket holdings.
6 Your Value Creation
- Lifestyle Value: Enjoy luxury without full ownership burden.
- Financial Value: Receive your share of resale proceeds, ensuring transparent wealth distribution.