Can I transfer my share whenever I want?

After a 12-month minimum hold, yes, directly to another verified RYDA member. RYDA facilitates the LLC paperwork. 3% transfer fee.

Yes, with two conditions:

12-month minimum hold from your closing date. This is in the Operating Agreement to keep co-owner groups stable through at least one full year of use.
The new co-owner must be a verified RYDA member who has cleared KYC. Shares can only transfer between RYDA members under the Operating Agreement.

Once the hold period clears, signal your intent to transfer through your dashboard. RYDA helps you negotiate directly with another interested verified member, there's no public marketplace, no order book, and no auction. You and the new co-owner agree on a price; RYDA handles the LLC paperwork to update the member register and Operating Agreement.

How pricing usually works

Members typically reference a quarterly condition report and comparable-cost context for the vehicle (auction comparables, current retail offers) as a starting point and negotiate from there. This is not an exit price, a published bid, or a guaranteed transfer value, it's plain market context to help two co-owners agree on a number.

RYDA charges a 3% transfer fee on the agreed price, deducted at settlement. Settlement is typically 1–3 business days once both parties have signed updated documents.

Co-ownership shares are illiquid by design. Cars depreciate, transfer requires another verified member to want your share, and timing isn't guaranteed. Don't claim a share expecting on-demand exit, claim it because you want to drive the car.

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