Unlike a regular garage, a car condo is a separate unit that can be bought or rented by the owner.
[1] The car condo building also has shared facilities, such as a lounge, a workshop, or a wash bay, that are co-owned by all the tenants.
The owner of a car condo pays a monthly fee to cover the expenses of these common areas.
Some people take a regular storage facility and store their vehicle while others offer sizes ranging from 800 to 10,000 square feet (930 m2).
High-end luxury car condos are based more on a country club approach and serve their members.