How will I book my 28 days once live?
Through the Dream Drives app. Once you're a confirmed co-owner and the first car is on the road, you'll get access to the booking calendar. Bookings via app — coming soon until then. You will be able to hold two forward bookings at any time and make last-minute bookings when the car is available. Peak periods — Christmas, Easter, and school holidays — are allocated by a rotating priority system agreed upfront before signing.
Why 28 days and not more?
Six co-owners each taking 28 days is 168 owner-days total — leaving nearly 200 days for commercial hire and maintenance. That hire income is designed to flow back to you, so your 28 days will often end up costing close to nothing. It's a deliberate balance between personal access and making the numbers work in your favour once the programme is live.
Is this a financial product or investment?
No. This is a private co-ownership arrangement between individuals, governed by a Co-Ownership Agreement drafted by a New Zealand commercial lawyer. You jointly own a vehicle through a NZ limited company. Dream Drives acts as the appointed management operator under a separate agreement. It is not a managed investment scheme.
How does the purchase process work?
When six co-owners are identified, each party pays their approximately $63,000 contribution into a solicitor's trust account. Funds only release to purchase the vehicle once all six payments are received. If the deal does not proceed for any reason, all contributions are returned in full.
What if I want to sell my share?
The Co-Ownership Agreement includes a right of first refusal — remaining co-owners get 30 days to purchase your share at a pre-agreed fair value before it can be offered externally. A minimum 12-month hold period applies. Dream Drives can also assist in finding a buyer.
How are peak weeks allocated?
Peak weeks (Christmas, New Year, Easter, school holidays) are defined upfront in the agreement. Year 1 allocation is drawn randomly. The priority order rotates annually. No ambiguity, no disputes.
What are the ongoing costs?
Each co-owner pays approximately $550 per month, covering their 1/6 share of insurance, maintenance, tyres, storage, and the Dream Drives management fee. Member hire income is expected to offset most or all of this cost once bookings are open.
How is hire revenue distributed?
Seventy percent of commercial hire revenue is distributed equally among the six co-owners quarterly (your 1/6 of that pool). Thirty percent is retained by Dream Drives as the management operator. All hire drivers are vetted before accessing the vehicle.
What happens if the car is damaged?
Every handover is documented with a photographic condition report managed by Dream Drives. The co-owner in possession at the time of any damage is responsible for the insurance excess. Dream Drives handles all claims on behalf of the ownership group.
Who is Dream Drives?
Dream Drives is operated by Adam and Grace, based in Christchurch, New Zealand. Rated 5.0 on Google across 24 reviews, we specialise in premium South Island road trip experiences. The Owners Club is for people who want more than a one-off trip — who want the car to be genuinely theirs as co-owners.
