When developing an asset management system, Estate Managers should consider whether their current program can grow with the estate, adapt to changes in ownership, and support broader planning efforts.
While it may sound Bond-esque to some to have a collection strewn across the world ready for use wherever one lands, to an EM, it sounds like an asset-management challenge. With a little planning, however, and implementation of systems, a collection of fine autos can be easily maintained and managed.
End of season often means moving vehicles to alternate locations. Luxury cars require special care and attention to get them safely to their new home.
An automotive turntable can be the solution to narrow parking situations. They can be installed in a day in any standard drive or garage space.
It’s likely that as an UHNW Estate Manager, you’ll need to facilitate the purchase of an aviation asset at some point in your career. Each purchase will be unique, but here are some standard checklist items to consider in the purchase process: PRO content
A company vehicle policy outlines the rules and guidelines for the use of vehicles owned or leased by a company or principal. Having a company vehicle policy can help establish guidelines for the proper use and maintenance of company vehicles. PRO Content.
The value of a vehicle maintenance log shouldn’t be underestimated. Keeping a log and saving receipts will not only help you and your Principal’s mechanic know the car’s history, maintenance needs, and ownership expense, but it will also prove its value by providing proof of care to a prospective new owner.
Keeping a luxury car in pristine condition is a difficult task to begin with. Keeping a fleet of luxury cars, often scattered across multiple locations, presents a unique challenge for…