DiamondShare™ was inspired and created to provide all pilots an affordable option to have ownership or access to an amazing new modern aircraft so they can achieve their dreams and goals. Our Secret is Sharing. The idea is simple and the implementation is brilliant. By pooling your interest via the DiamondShare™ Share & Save program with up to three other parties you can dramatically reduce your total cost of ownership while enhancing your overall aircraft ownership experience. Also, if you own a business and plan to use your aircraft for some level of business flying, you will be simply amazed at current tax advantages available to help you purchase your aircraft. Owners often experience “Cash Flow Positive Purchases”. Regardless if you are a veteran pilot that owns an aircraft and would like to upgrade or you are a new Private Pilot and want to find a way to own or access an airplane in a way that “makes the dollars make sense”, we encourage you to review the information on our site and then let us know you’d potentially be interested so we can invite you to our next pilot briefing in your area.
Modern Aircraft, with their advanced computer based avionics and efficient composite airframes are truly “Magic Carpets” able to provide unprecedented personal freedom. Most owners of aircraft use their planes 80 – 100 hours a year which equates to only 5% of the hours in a typical working year, excluding weekends. Modern aircraft prefer to be flown as opposed to sit most of the time.
Further, aircraft ownership has a number of fixed costs that don’t vary based on the number of hours flow such as insurance, storage and avionics subscriptions. Due to these factors, some find the economics of individual aircraft ownership a bit out of reach while others have difficulty justifying the investment for the utilization. Often times buyers “settle” for old outdated aircraft to reach certain economic price points with the result being they then own an aircraft that is not as capable and their goal of personal mobility is not truly achieved and they keep looking and dreaming of the ideal plane.
Finally there is a Personal Mobility Solution that leverages the power of Modern Aviation Technology AND Makes the Dollars Make Sense.
It has been a fantastic opportunity and a true privilege to join a DiamondShare as a Member. I treat the plane as if it were my own and have deep gratitude to the owner for my participation. I was really struggling to find a suitable arrangement when I stumbled across an email to attend a DiamondShare briefing. Within 5 minutes, I grasped what was being offered and knew immediately it fit my situation. I’ve had many adventures in the last year that I don’t think would have been feasible unless I bought my own plane. That’s always an option, but not likely a brand new Diamond DA40 XLS like I’m enjoying now! I love it!” Richard K. DiamondShare Member, Caldwell NJ
The DiamondShare Share & Save™ Program is simple and is made up of Owners and Members. Owners purchase the aircraft and the DiamondShare™ Team sets up the structure and all program benefits and obtains for them up to three qualified pilots that commit to an annual block lease with fixed payments and are referred to as Members. Typically, the Owner puts in the downpayment, finances the plane and the first two monthly member lease payments roughly cover the finance payments for the aircraft each month. The Owner chooses the number of members (1 to 3 members) he wants involved and all other details about the aircraft, location and various included choices. Member leases provide access for an entire of annual usage. The lease is a fixed “Dry Lease” amount with no additional fees except for fuel and in some instances a share of hangar or subscription fees. Lease rates are based on a maximum number of hours and can vary from location to location based on local operating costs and the equipment selected on the aircraft.
The first step in considering the program is to learn about the benefits attributed to Owners and Members and then with proper consideration of your particular circumstances determine which fits best for you. Those looking at the program will determine which route is best for them by evaluating their personal goals and preferences along with the investment requirements and economic and tax advantages. Here is a quick summary of characteristics of the Owner and Member advantages of the Share & Save Program represented in the tabs of the table below. Upon Consultation, the DiamondShare™ Team will help you evaluate the full impact of the benefits you could enjoy in your particular situation through a simple questionnaire.
Cash Flow Positive purchasing and ownership are possible in the right circumstances. Total Ownership Costs can be significantly lower than single ownership. Purchase entry is as low as 15% of the aircraft value. Owners can be Student Pilots learning to fly and in the case of business owners can use the plane on a “learn while you earn basis”. The Program is open to non-pilots as well that want to be owners who want a mobility solution and can use professional pilots as their own “air limo”.
The typical arrangement is to make the initial downpayment and have others cover the monthly payments while retaining any tax advantages for yourself.
The program is turnkey and all elements of the acquisition, setup, tax planning, member acquisition and support are all included to make the DiamondShare™ Share & Save Program the easiest decision you’ll ever make to transform your life.
The aircraft is New, Capable and State-of the-Art.
There is only a year by year commitment as a member.
The aircraft is shared only among a small group so members enjoy greater flexibility of use.
A fixed lease payment is easy to budget and might be easy to justify as a business expense depending on use and circumstances. The annual membership fee in the program is only $500.
Members can be non-pilots that purchase block time and obtain a qualified pilot to provide pilot services for their use.
Nothing else on the market compares to advantages or economics of this unique program. Member slots are limited and only offered until the slots are filled for each new aircraft delivered. Existing members are given preferential renewal options.
* FINE PRINT: The benefits listed above are exclusive to the DiamondShare™ Program and are based on a special promotion for a limited number of units that may be discontinued at any time. Most values have maximum values and are limited and some items are provided as rebates upon delivery. All details for each owner will be provided in writing on their purchase contract for their acceptance prior to signing and may vary from what is presented above. Tax laws change frequently and DiamondShare™ or its related entities do not provide tax advice directly and all parties should consult a qualified tax advisor before making any decision to purchase or lease. The promotions and items presented above are not available for aircraft that are not included in the DiamondShare™ program. All examples and illustrations presented for the DiamondShare™ Program are for illustration only and are not a promise of a particular owner’s financial outcome or tax treatment.
Owners can potentially enjoy taxed advantaged positive cash flow with their purchase and amazing ownership economics while
members enjoy access for monthly costs per person of as little as $999!
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DiamondShare™ and DiamondShare Share & Save™ are Trademarks of DiamondShare™, a group company dba of Five Star Marketing, Inc. All Rights Reserved. Copyright 2011 – 2012