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RYDA

Cost & Savings Overview

Lagoon 50 · 1 Share

2024 · Lagoon · Hailing port Miami · 3-year planned exit doctrine (3 yrs OR 2,000 engine hours, whichever first). Asset-backed LLC co-ownership.

Sole purchase vs RYDA co-ownership · 1 share

 Costs sole purchaseCosts RYDA co-owner
Purchase price$1,200,000$120,000
One-time closing fee$1,500
Acquisition costs total$1,200,000$121,500
Acquisition savings$1,080,000

Annual costs · split per share

Line itemSole ownerRYDA · 1 share
Insurance, agreed-value$60,000$4,480
Service & maintenance$42,500$3,080
Storage & preparation$27,500$1,960
Reserve allocation (notional)$120,000$8,680
RYDA service fee$9,800
Total annual$250,000$28,000
Annual savings$222,000

Per-line splits illustrative; actual expense categories vary quarter to quarter and are reported on the LLC's books. "Reserve allocation" is the periodic set-aside a prudent owner holds against eventual depreciation, it is not paid out, and the realized depreciation hit is captured separately at exit in the resale figure below (no double-counting).

3-year math · drive-only scenario

 Sole ownerRYDA · 1 share
Total cash out$1,950,000$204,000
Resale at exit (85%)+ $1,020,000+ $102,000
Net cost over 3 years$930,000$102,000
3-yr savings vs sole$828,000

Optional · rent your unused days

At the default 50% rental-pool occupancy, your 1 share earns $26,754 /yr in rental income. Same 15% depreciation assumption applies; the all-inclusive annual-carrying line above stays unchanged.

Rental income · 3 yrs

+ $80,262

Net (3 yrs)

= $21,738-10.66%

Days / share / yr

32

Nm / share / yr

1,600

Total shares

10

Hold period

3 yrs · 2,000 hrs cap

Illustrative usage-economics for the Lagoon 50. Co-ownership shares are member-managed LLC interests, not registered securities and not offered for investment purposes. Modeled outcomes are not guaranteed; actual sale price varies by model, mileage, and market. Sole-ownership carrying assumes industry averages for insurance, storage, maintenance, and depreciation reserve. Run your own scenario in the calculator on /markets/lagoon-50.

RYDA · Supercar co-ownership and rentals · Miami · LA · NYC