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...benefits of zipping around in the world's most coveted cars, he doesn't own a single one of them. That responsibility belongs to Classic Car Club, the London-based car-leasing association that provides its members with the keys to hundreds of luxury vehicles for an initiation fee and annual dues that range from $7,000 to $22,700. "It just makes so much sense for anybody who is either passionate about cars or passionate about their image," notes Thorne. "It's the perfect answer to satisfy both those needs without the myriad hassles that come with car ownership...

Author: /time Magazine | Title: The Leasing Life | 2/27/2007 | See Source »

Such pampering is what attracted Bob and Diane Mitchell, a retired Michigan businessman and teacher, respectively, to Exclusive Resorts. In 2003, after selling a family-owned manufacturing business, they paid an initial membership fee of $100,000, and for $24,000 in dues each year, they stay in any combination of more than 2,500 luxury homes for up to 60 days. With Exclusive Resorts, unlike the time-share model, if they decide to cancel their membership, 80% of their initial deposit is returned. Since the Mitchells travel most of the year, their per-day costs are often less than...

Author: /time Magazine | Title: The Leasing Life | 2/27/2007 | See Source »

...these central historical issues are lost on Mr. Lacaria’s blunt rhetoric, there is nothing that our new president, our old one, myself, or a Harvard history degree, for that matter, can do for him. Perhaps good old Mephistopheles can help him, for a small fee...

Author: By Isaias Chaves | Title: Lacaria’s Column Lacked Both Logic and Politeness | 2/23/2007 | See Source »

...Monthly fee charged by each company, which consumer advocates fear will increase if the deal is approved...

Author: /time Magazine | Title: Numbers: Mar. 5, 2007 | 2/22/2007 | See Source »

...March, Harvard will announce its tuition and fee increases for the 2007-2008 academic year. If past practice holds, this year’s hike will again exceed inflation. There will be an official explanation pointing to rising costs, the improved quality of education, and increases in financial aid. Little controversy will ensue, for students and their families will figure that, in the long run, the price of a Harvard education will more than pay for itself...

Author: By Neil Howe and William A. Strauss | Title: A Generational Imperative | 2/22/2007 | See Source »

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