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.


Cortana, meet Alexa: Buy an Xbox One from Amazon and get a free Echo Dot

If you buy an Xbox One S or Xbox One X bundle through Amazon right now, you'll also receive a free Echo Dot. The device features integration with Xbox One through the Alexa and Cortana assistants.
Home Theater

How to buy speakers: A beginner’s guide to home audio

From the difference between bookshelf speakers and monitors to the proper way to audition, our ultimate speaker buying guide has all the information you need to create your own home audio nirvana.
Emerging Tech

Here’s all the best gear and gadgetry you can snag for $100 or less

A $100 bill can get you further than you might think -- so long as you know where to look. Check out our picks for the best tech under $100, whether you're in the market for headphones or a virtual-reality headset.

The best Pixel 3 XL cases to keep your notch in one piece

The Pixel 3 XL is Google's latest huge flagship handset. But you've paid $900 for that beast -- best make sure you protect it too. Here are some of the best Pixel 3 XL cases to keep your phone safe.
Smart Home

Is your smart home lighting too confusing? Intellect simplifies your controls

Leviton introduced Intellect, a new controls platform for smart home lighting. Intellect is the fifth brand to join Leviton's portfolio, alongside ConTech, Intense, Birchwood, and JCC.
Smart Home

These awesome treehouses will make you question life on solid ground

Check out these truly awesome treehouses from around the world. From a three-story treehouse in the Costa Rican jungle to a mirrored cube hidden among the trees of Sweden, we’ve got you covered.
Smart Home

Nest gets more colorful with three new options for its smart thermostat

Nest Parent company Alphabet announced this week that its Nest Learning Thermostat will soon be made available in three new, fancier colors: Mirror black, brass, and polished steel.
Smart Home

Publish a new Alexa skill this month and Amazon will give you an Echo Dot

Amazon' Alexa group announced a promotion encouraging new developers to publish a new Alexa skill in any country First-time developers who publish a new an Alexa skill prior to midnight October 31, 2018, will get a free Echo Dot.
Smart Home

August Smart Lock satin nickel model comes bundled with Wi-Fi Connect bridge

The August Smart Lock--one of our favorite smart locks--is now available in a satin nickel finish. August is selling the new model in a $220 bundle with the Wi-Fi bridge needed for remote access and voice command features.
Smart Home

LG’s Colosseo smart sofa is the comfiest piece of tech in your home

LG has partnered with Italian furniture brand Natuzzi to produce the Colosseo, a connected sofa with five custom scenarios to provide maximum comfort for watching TV, reading, or just relaxing.
Smart Home

Simplisafe steps outside the smart home with its Video Doorbell Pro

SimpiSafe is pushing into the smart home market by introducing a new high-tech video doorbell that includes 1080p HD monitoring and a dual-sensor motion trigger that combines a body heat detector and a motion detector.
Smart Home

Facebook’s new Portal device can collect your data to target your ads

Facebook confirmed that its new Portal smart displays, designed to enable Messenger-enabled video calls, technically have the capability to gather data on users via the camera and mic onboard.
Smart Home

Amazon Echo vs. Echo Plus: Which should you get?

If you're trying to choose between the Amazon Echo or the Echo Plus, then this guide is for you. It compares the two Alexa-enabled speakers in cost, size, looks, functionality, and more.
Product Review

Bigger. Smarter. Louder. The Echo Plus makes Alexa sound better than ever

Amazon’s second-generation Echo Plus speaker is the loudest, bassiest speaker in the Echo fleet. While featuring a smart hub with only Zigbee connectivity, other upgrades make this device a worthy smart speaker.