Hagerty has acquired Classics&Exotics, a peer-to-peer online marketplace for classic cars. The service has relaunched by Hagerty under a new name: DriveShare.
"DriveShare gives people an easy way to get behind the wheel of cars they've always wanted to drive," said McKeel Hagerty, CEO of Hagerty. "Our goal is to provide a common platform that connects enthusiasts and owners to expand the community of people who love cars."
Founded in 2014 and headquartered in Cape Cod, Massachusetts, Classics&Exotics quickly became the Airbnb of vintage and exotic cars by linking car owners with pre-screened, highly qualified motorists seeking a unique driving experience or the perfect vehicle for weddings and other events, according to Hagerty.
"I started this company so people could try out these amazing vehicles and owners could make a little money to defray the cost of ownership, and that's still the mission today for DriveShare," said Classics&Exotics founder Peter Zawadzki, who has joined Hagerty as director of DriveShare. "It's a great way to bring more people into the hobby. What we've seen is that people who rent these cars often become classic car owners themselves."
DriveShare is available at www.DriveShare.com.