Hey - Homeguard, sounds like you're a club owner trying to keep his hire business going mate!
There are many more upsides to group ownership than the downs, of course there's caveat emptor but that's the case in anything you do. Personally I'd take my aeroplane that has a known maintainence history, no previous hirers doing stupid things with it and a decent avionics fit anyday. If you prefer paying club membership, turning up at your booked time and waiting hours for a late running 'plane, (then having to be back within a couple of hours because it's a sunny saturday), hiring tired old two seat trainers held together with gaffa tape and having the faint smell of sick all for £90+ per hour tacho - well - enjoy.
As for me, well I don't mind instructing in club aircraft, but I'll stick to my own aircraft when it comes to flying for fun.
Magoo