Rich take to borrowing, not owning
The Circle Club in Milan, is one of a growing number in Europe and the United States that cater to rich people who like the idea of borrowing rather than buying luxury goods like cars, yachts, and jets. Opened a little more than a year ago in Milan, the Circle Club has a fleet of 50 luxury cars, including brands such as Lamborghini, Maserati and Porsche.
Like P1 International in London or Club Sportiva in San Francisco, it gives members a set number of points in exchange for an annual fee to spend on borrowing time behind the wheel. Once the points are spent, members can renew by paying the fee again.
No comments:
Post a Comment