OwnIT X is a co-ownership platform that enables people to own luxury caravans or motorhomes at a fraction of the cost. Instead of paying the full price for a caravan or motorhome that may be underutilised, you share ownership, expenses, and usage with like-minded co-owners, while we manage the legal, financial, and operational aspects.

Caravan co-ownership works as follows:

1. Choose Your Caravan or Motorhome – Browse our curated selection of luxury caravans/motorhomes.
2. Join a Co-Ownership Group – We match you with co-owners who have complementary travel schedules.
3. Secure Your Spot – We handle contracts, financing, and insurance.
4. Use Your Caravan or Motorhome – Fairly scheduled via our smart booking app.
5. Exit with Ease – After 5 years, the caravan/motorhome is resold, and proceeds are distributed back to the co-owners.

OwnIT X is perfect for:

• Travel enthusiasts who want affordable caravan/motorhome ownership
• Families and retirees looking for a flexible, hassle-free way to travel
• People who don’t want the full cost and responsibility of ownership
• Those who use a caravan/motorhome only a few times per year but want to own rather than rent

Typically, co-ownership agreements run for 5 years. At the end of the term, the caravan/motorhome is sold at market value, and the proceeds are distributed among co-owners.

The cost varies depending on the caravan/motorhome model, but here’s an example:

• Full price of caravan or motorhome: $180,000
• Co-ownership with 6 owners: $30,000 per owner
• Annual maintenance, insurance & storage: ~$1,000 per owner
• Estimated resale value after 5 years: $120,000 (each owner gets ~ $20,000 back)

📌 Total cost per owner = $10,000 for 5 years of ownership!

Each co-owner legally owns a share of the caravan/motorhome under a formal co-ownership agreement.

If you want to leave before the 5-year term, you have the option to sell your share to a co-owner looking to increase their share or to another interested buyer via OwnIT X.

Yes! OwnIT X partners with finance providers to offer affordable financing options, making it even easier to become a co-owner.

All co-owners are legally bound by the co-ownership agreement. If a co-owner defaults, the agreement outlines specific steps to protect the remaining co-owners, including selling their share.

OwnIT X uses a smart booking system to fairly allocate usage:

• Each co-owner gets a fair share of weekends, holidays & peak seasons
• Bookings are made in advance
• Swaps & adjustments can be arranged between co-owners

Our fair scheduling system ensures equal access, avoiding conflicts. If two owners want the same dates, they can negotiate a swap or use alternative options.

OwnIT X, through our service provider partners, takes care of:

• Insurance coverage for all co-owners
• Routine maintenance to keep the caravan/motorhome in top condition

Maintenance costs are shared based on ownership percentage among co-owners, making it more affordable than individual ownership.

Each co-owner is responsible for returning the caravan/motorhome in good condition. If damage occurs:

1. The issue is logged in the booking system with photos/videos.
2. The responsible co-owner’s insurance covers repairs.
3. Fair wear & tear is expected and accounted for.

The caravan/motorhome is fully insured against theft and major damage. If a total loss occurs, the insurance payout is distributed among co-owners based on ownership share.

At the end of the ownership term, the caravan/motorhome is resold at market value, and proceeds are distributed pro-rata to all co-owners.

Yes! Co-owners can sell their share and join a new co-ownership group for a different caravan/motorhome model at any time.

If the majority of co-owners agree, the caravan/motorhome can be kept for another term or sold to one or more co-owners who wish to continue ownership.

1. Register your interest via our website.
2. Browse available caravans/motorhomes and choose your preferred model.
3. Join a co-ownership group and complete the agreement.
4. Start using your caravan/motorhome via our hassle-free booking system!

Yes! If you already have a group of family or friends, you can co-own together. Otherwise, we match you with like-minded travellers based on preferences and usage needs.

Co-ownership is perfect if you:

• Want to own a caravan/motorhome but don’t want the full cost or hassle
• Only plan to use it a few times a year
• Want a structured, managed experience with legal and financial security

🚀 Join a co-ownership group today and start your adventure!

🚀 Sign Up Now Browse Caravans