Earnings
Q3 2024 marked CarShares’ first active quarter following initial investments and preparation. With no realized maintenance costs for Q3, CarShares generated enough profit to position itself for the purchase of a second vehicle, expected in early Q4 2024. Revenue totaled $3,036.54, and after a 35% management fee, $1,973.75 in profit was distributed to shareholders for the quarter. With initial investments totaling $5,553, this profit represented a growth of 35.54% for the quarter, which equates to an annual growth rate of 142.16% if this pace continues.
Holdings
At the close of Q3 2024 our holdings included:
| Vehicles | ||||
| Year | Make | Model | Trim Level | Miles |
| 2012 | Chevrolet | Cruze | LT | 129000 |
| Cash in the Bank |
| $3,036.00 |