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

Ferrari-Co-Own

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.

Product Review

Still waiting for a new Mac Pro? Corsair’s mini PC has all the power you'll need

With a modern 12-core Intel Core i9-9920X processor, Nvidia’s RTX 2080 Ti graphics, and 32GB of RAM, the Corsair One Pro is designed to woo creatives who demand more power from Apple’s Mac Pro. Like the Mac Pro, the best part of this PC…
Smart Home

The best sous vide machines cook your food perfectly, every single time

Want to make four-star meals from the comforts of your own kitchen? Here are the best sous vide machines available right now, whether you prefer simple immersion circulators or something more complex.
Gaming

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.
Deals

Ditch the discs: The Xbox One S All-Digital Edition is available for pre-order

Like it or not, discs seem to be going the way of the VHS tape. Digital gaming is quickly becoming the new norm even for consoles, and Microsoft’s new Xbox One S All-Digital Edition is now available for pre-order with three free games…
Mobile

Google Assistant for Android and iOS wants to tell you a story

Just in time for National Tell a Story Day on April 27, Google has added the ability for Google Assistant for iOS and Android to read you a story. So now there's no excuse for not catching up with a good book.
Product Review

The Schlage Encode Wi-Fi smart lock shuts out the competition with looks, style

Easy to install and easy on the eye, Schlage Encode’s integrated Wi-Fi and third-party platform support make it a fine choice for the smart home. We took it for a test run to see how well it worked.
Product Review

Arlo’s doorbell is missing a camera, but ease and style make it a great addition

A lack of an integrated camera means that the Arlo Audio Doorbell isn’t as versatile as competitors, but a low price, simple installation and smart features make it an easy add-on for Arlo smart home fans.
Smart Home

The best washing machines make laundry day a little less of a chore

It takes a special kind of person to love doing laundry, but the right machine can help make this chore a little easier. Check out our picks for the best washing machines on the market right now.
Smart Home

This Amazon Echo and Pandora Premium smart speaker bundle saves you $138

QVC just took online merchants to school with a massive discount on the second-generation Amazon Echo with a 3-month voucher for Pandora Premium. The minimum you save is $128. Save off $10 extra with TAKE10 code for first QVC orders.
Mobile

Bothering the bots: Funny questions and commands to pose to Google Assistant

Communicating with Google Assistant can be a chore. Luckily, there are plenty of fun questions and commands to add a little entertainment to your oft-rigid conversation. Here are some of our favorites.
Smart Home

Keep your stuff safe and porch pirates away with the best home security cams

When it comes to the best home security cameras, the choice often comes down to the one that simply knows how to stay out of your way. Here are some of our favorites, both indoor and outdoor.
Smart Home

The Instant Pot LUX60 pressure cooker gets a huge price cut at Walmart

Walmart cut the Instant Pot LUX60 6-quart, 6-in-1 multi-use programmable pressure cooker price so low, people who already have an Instant Pot may buy it as a spare. Digital Trends' reviewer said, "The Instant Pot Lux won't disappoint."
Smart Home

The Ninja Foodi multicooker gets a steep $80 price cut on Amazon

Amazon took a healthy chunk off the price of the Ninja OP302 Foodi Cooker, Steamer, and Air. This heavy-duty, multi-function appliance morphs from pressure cooker to air fryer, crisper, steamer, slow cooker, and even a dehydrator.
Deals

Best Buy slashes prices on Sonos and Sonance outdoor speaker bundles

Best Buy slashed the price of the Sonos and Sonance Outdoor Speaker Streaming Audio Bundle with an xPress Audio Keypad. This outdoor bundle includes a Sonos amplifier, two Sonance speakers, and a remote. You can save $550 during this sale.