All for one and one for all: Jointli allows multiple people to own luxury items collectively


Let’s face facts; the majority of us will never own a high-rise condo, luxury yacht, or keys to a Ferrari –or any other sports car included in that astronomical price range for that matter. It’s hard to justify the amounts being asked for many luxury items, and to be honest part of the appeal for yachts, or expensive cars is their exclusivity. These are generally toys for the super wealthy – status symbols for those that can spend prohibitive amounts of money on luxuries the vast majority of us cannot. Or are they?

A new website called Jointli is looking to change all that. Jointli essentially allows people to come together and own an assortment of luxury items collectively. So if the idea of co-owning a beach house, private jet — even a Ferrari appeals to you, Jointli is aiming to facilitate that. Users can search for potential co-owners in their area, sign agreements and manage these time-shares with ease.

One of the examples broken down on Jointli’s site is that of four people co-owning a Ferrari F430. According to the math, owning a 2009 Ferrari F430, used, with less than 3k miles would set your bank account back $8,000 a year, $665 per month, $95 a day, or $8 per hour of usage.

Now of course, $665 a month can nab you a set of pretty sweet wheels, so while we understand what Jointli is aiming for, bringing luxury and otherwise unattainable items to the masses, it goes without saying that perhaps some of these luxuries may not be worth the price of admission even with others subsidizing the cost. Another factor worth considering is the logistics of it all, what would one do if multiple owners wanted the car at the same time? Not to mention the added (and high) cost of maintenance, insurance, or repairs if the Ferrari were to incur any damage. 

While we understand that not everything lends itself well to co-ownership, there still appears to be many variables left to consider, making the idea of sharing such luxury items like a Ferrari seemingly unrealistic, and leaving us a tad bit skeptical . Still, if the idea of co-owning a Ferrari or a number of other luxury items is something that you would consider — then Jointli just might be for you.


This new all-in-one flashlight is a power bank, lighter, and screwdriver

The Pyyros modular flashlight can perform numerous field tasks, from hammering to starting fires. If you back it on Kickstarter now, you can score some savings on this innovative flashlight and multi-tool, but act fast: This early-bird…

From arcade to simulation, here are the best racing games of all time

From serious sims to carnage-fueled arcade racers to cartoonish animated racers with items galore, we collected racing games of all different stripes from multiple eras of video games. Here are the best.

Having problems with your Xbox One console? We have the solutions

The Xbox One has evolved over the years, but so have its problems. Thankfully, we have solutions for some of the console's most enduring problems, whether you're experiencing issues with connectivity or your discs.

These are the must-have games that every Xbox One owner needs

More than four years into its life span, Microsoft's latest console is finally coming into its own. From Cuphead to Halo 5, the best Xbox One games offer something for players of every type.
Smart Home

The Nest Secure included a microphone no one knew about — except Google

The Nest Secure home security system has had a microphone this entire time that no one knew about, except Google. The company claims the mic was never turned on, but customers are outraged.

From folding phones to 5G -- here's everything we saw at Galaxy Unpacked

Samsung's Galaxy Unpacked event treated us to a real parade of technological excellence, from folding phones to new fitness wearables. Here's everything we saw at Galaxy Unpacked on February 20.
Smart Home

Leviton’s Wi-Fi Load Center and Smart Circuit Breakers give your home a brain

Is your home ready for a brain transplant? Adding individual smart plugs is quick, easy, and inexpensive, but the benefits are limited to one plug at a time. Leviton's Load Center and Smart Circuit Breakers can give your home a brain.
Smart Home

GE Appliances shows off wall oven with built-in air fryer, food dehydrator

GE Appliances is taking the air fryer trend to its logical conclusion and adding one to a wall oven. The company's new oven, on display at this year's Kitchen and Bath Industry Show, also includes a food dehydrator.
Smart Home

Google Home vs. Amazon Echo: Which one is better for you?

What happens when you compare the Google Home vs the Amazon Echo? Both smart speakers have good qualities, but what happens when you compare they're features side-by-side? We think one of these smart gadgets wins over the other.
Smart Home

OK Google, what else can you do? The best tips and tricks for Google Home

The Home functions in a similar fashion to its main competitor, the Amazon Echo, but has the added benefit of select Google services. Here are few tips to help you make the most of the newfangled device.
Home Theater

Reasons not to mount a TV over your fireplace (and other helpful tips)

Mounting a TV above your fireplace may be popular and it might even seem appealing, but we have some concerns. We've got a list of reasons why placing your digital picture machine over a fire should be avoided, if at all possible.
Smart Home

Colored fridges are back, baby! GE’s new appliances revive the 1950s trend

GE Appliances is coloring us surprised at KBIS 2019 by introducing new hues for its signature Cafe line of smart home appliances including four new hues launching this fall to complement its black and white options.
Smart Home

Stainless steel is so last year. In 2019, it’s all about colorful appliances

For the past couple of decades, the color of choice for appliances has been stainless steel. Now, makers are introducing ovens, fridges, and dishwashers in vibrant hues to give customers a more customized, refined look in the kitchen.
Smart Home

Amazon Echo Dot vs. Echo Dot Kids Edition: What’s the difference?

The Echo Dot Kids Edition combines a free year subscription to FreeTime Unlimited with a two-year, worry-free warranty. But is the Kids Edition really all that much different than the regular Echo Dot?