*These figures are based on a modest appreciation for the property of 5% per annum and depreciation figures taken from similar assets over the last 3 years.  Please be aware that over the last 3 years property prices have increased on average by 11.9% per annum*.

Our asset procurement policy ensures we are able to mitigate a large proportion of the depreciation of the mechanical assets and we can easily demonstrate the predicted resale value of your assets using our research and historical data.

* Source: Halifax Building Society


What is Fractional Ownership?

Fractional Ownership is the practice of dividing an expensive asset into percentage shares and selling those shares to individuals. A fractional share gives owners the privilege of a number of hours, days, or weeks of using the asset and eliminates the issue of under utilisation. Typically, a company manages the asset on behalf of the owner, and owners pay their share of the fees for the management in addition to variable (per-hour/per-day, etc.) fees for use. The management company will normally sell the asset after a fixed number of years and distribute the proceeds between the owners.


What exactly am I buying when I join Just Plain Sense Ltd.?

Each Just Plain Sense Club has and wholly owns 4 assets: A Super Car, A Holiday Retreat, An Aircraft and a Motor Yacht. On joining a club you purchase a 16 th share in those assets which makes you a legal owner. You also become a member of an exclusive club which offers its members a number of additional services which will enhance your lifestyle.


What happens at the end of the contract?

All of the assets of the club are sold into the open market and the proceeds from the sale (less costs) are distributed to the company members.


Am I tied in until the end of this period?

The contract term is 36 months however the contract gives both parties break clauses in exceptional circumstances

How does Just Plain Sense structure legal ownership of the assets to ensure its members are protected?

Our solicitors have written the ownership contract to protect all parties. We would advise potential members to take independent advice prior to signing into any scheme or contract.

Do you guarantee my minimum utilisation?

Yes other than exceptional circumstances you will be able to easily use your minimum utilisation.

Does this guarantee include use of the assets during peak times?

In order for there to be equitable use we limit members use to 7 days use per asset within a 56 day period. This gives all members the opportunity to have good access during peak times.


Can my partner be anyone?

Yes membership is for two people, it's your membership and you can nominate the 2 nd person.

Is the JPS scheme Tax deductible?

The Corporate membership when used by the company for company business should be tax deductible; however you should naturally check this with your accountant.

Do I have to book over the website or can I book over the phone?

You can use either the dedicated on line booking system or phone our booking helpline to book or discuss use of your assets.

What happens if my assets aren't available when I need them?

Firstly tell us your requirements and we will see if we can switch things around and make the assets you need available when you need them. If this proves to be impractical, as a previous booking clashes then we will try and arrange a suitable replacement from another club. In the unlikely event that we are unable to assist with any JPS managed asset then we will go into the open market to provide a solution for your requirements.

Can people other than my partner and I drive the car if I want them to?

You can apply for anyone to drive the super car or use any of your assets. Naturally they will need to be suitably qualified and experienced as per our terms and conditions and any additional insurance costs will be charged to your account.

If I can't fly / skipper how will I use the aircraft and the motor yacht?

We have a list of qualified and experienced pilots and skippers all of whom are happy to support your usage requirements.

What if I want to use the asset more than my allowance?

Provided there is equitable use for each of the members then additional use of the assets is allowed as per our terms and conditions. A nominal charge for this use (as specified in the contract) is made to cover the additional maintenance required.

Are the monthly costs fixed?

The monthly charges are fixed for 12 months. After each 12 month period there may be an adjustment either up or down. This will be calculated as 1/16 th of the actual cost incurred over the period against the forecast costs over the previous period and forecast costs for the following period.

Can my friends and family use my assets?

Yes, we would be delighted if your friends and family enjoyed the benefits of the JPS scheme.

Can the car and aircraft be delivered?

We offer a free delivery and collection service for the super car (terms apply) however the aircraft utilisation is taken from your allowance from the point of collection to the point of return.

Are the additional services free of charge?

Yes in the main we offer the additional services free of charge (exceptions to this will be clearly stated early in any discussions).

Am I able to extend my use of an asset after the period it has been booked for?

Yes provided the asset is not required for another member or for maintenance you may extend your use period by simply telephoning our booking helpline.

Can I sell my membership if my financial circumstances change?

Yes see our terms and conditions for early termination of a member's contract.


How much is the scheme going to cost me over the period?

This depends very much upon the frequency, type of use and qualifications of each member; however as a rough guide the scheme will cost around £250 per week over the period.



What additional costs are involved?

The scheme is comprehensive however the charges do not include fuel, landing and handling fees, pilot and skippers charges.



When do I get the share proceeds after my 3 years of utilisation?

The utilisation of the assets ceases 36 months after the start of each club. The assets will be placed upon the open market and when all the assets have been sold and the company's accounts finalised each member will receive their 16 th share.



How do the Priority Bookings (PB's) work

You are able to use your priority bookings (PB's) to book assets outside of the 56 day period visible to you on the website. Each member receives 8 PB's (2 per asset).

If I have a friend who wants to join club what benefits do I get?

We offer a comprehensive benefits package for anyone who introduces a new member to us. Click here for details.



Can I use JPS to promote my business?

We actively encourage our members to write a profile of themselves and their business's within the members' area of our website.



Can I take JPS assets abroad?

Yes, if you want to plan a trip into Europe just let us know and we will ensure the insurance cover is in place to cover your requirements.



Can I use the aircraft / car / boat for one way trips?

Yes, the assets are for your use and you can plan your trips in anyway you wish. Any utilisation or costs associated with positioning assets will naturally be charged to your account.



Can I learn to Fly / Skipper with the clubs assets?

Yes we would be delighted if wanted to gain the qualifications and experience to pilot and skipper your assets. We can arrange all the training, which you can undertake either in your own assets or third party assets as you prefer



Are there internet facilities on the boat and in the retreat?

Yes there is a lap top computer set up at both the boat and the retreat with internet access.