Wanna buy a Van

RobHT
RobHT Posts: 348 Forumite
100 Posts Second Anniversary Name Dropper
edited 26 September 2021 at 10:06PM in Motoring
Hi,

this thread will be fun, so brace yourself :D
Did you?? Good boys.

I have a car already, but it sucks for some reason and it makes me quite nervous.
The ammortment cost of the car as of today is officially 7000/28 = 250
Few observations:
- I still didn't replace tyres (they can be very expensive, I have XL size) or brakes (even if these should be cheap)
- I had 1 major mantenance and 1 minor, plus one component broken of about 400 pounds, plus all the cambelt and drive belt group, in total I spent 1k in a cool garage and the car costed me 6k.

At that time, I planned that the car would have costed me twice the price of purchase in 10y lifetime, well it's probably going in that direction if not worst.
The ammortment cost would be  12000/120=100 , including all, also tyres.
The car is mint and is treated with white gloves, it had also the max inspection level from AAA.
I think is very fair, but it sucks for a few reasons, plus it doesn't suit my secondary needs.

My point is, !!!!!!...
When I purchased the car, I didn't think that in such short time, it would have just !!!!!! me off, the car sucks to drive (long story) and therefore I want to change it, but I also have other requirements, I actually need a Van.
Unfortunately, it costs as hell due the possibility to use it for business, so, I couldn't find a cheap Van to drive, or to maintain, or to avoid to remain without fuel  :# (thirsty boys)
Also, I would use the Van as primary vehicle for evertything, plus camping and biking.
I really couldn't find a fit with my budget (more than 250 per month is risky for me), the Van is way more expensive than any car out there, apart the common German scrap metals that we can all see all around the country, they could battle with a Van in terms of costs.
In fact, I noticed that the people out there with a Van, actually have a business with it, or their wallet is simply broken, there isn't someone tha can really own a Van and stay low with the expenses...
Considering that my life is already expensive etc, it seems quite risky to own such vehicle...

Any thoughts? I'm struggling to fit the Van costs in my wallet :( 

(the costs shown are without surprises at the time of writing, as well as without fuel or insurance costs)
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Comments

  • boobyd
    boobyd Posts: 298 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Buy an estate?
    Can't understand some of your post,you say didn't replace tyres or brakes but then further car is mint
    Confused


  • RobHT
    RobHT Posts: 348 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 26 September 2021 at 9:52PM
    boobyd said:
    Buy an estate?
    Can't understand some of your post,you say didn't replace tyres or brakes but then further car is mint
    Confused


    An estate could be a good option, I was looking also to MVP models, but these are more expensive, almost as a Van...

    I didn't replace tyres and breaks because they are in good conditions.
    Mint means that I do all that needs to be done.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    So much that makes precisely zero sense.

    Yes - most vans are used for businesses.
    Yes - bigger, less aerodynamic vehicles like vans use more fuel.

    You want a van that you can kip in and put a bike in, but also use everyday.
    So what sort of size van are you looking at? If we consider the Ford range - Transit Courier, Transit Connect, Transit Custom, Transit?
    What's your purchase budget, or would you be PCP/leaseing?
  • Car_54
    Car_54 Posts: 8,739 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    What is an "ammortment cost", and in what way is it "official"?
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Car_54 said:
    What is an "ammortment cost", and in what way is it "official"?
    I think he means "amortised" - he's amortising the sum of the purchase and maintenance costs over the number of months he's had it.

    Of course, he's forgetting to account for the residual value, so it's a nonsense.
  • I suspect English is not the OP's first language.  Some unhelpful posts aren't going to clarify things.
  • RobHT
    RobHT Posts: 348 Forumite
    100 Posts Second Anniversary Name Dropper
    AdrianC said:
    Car_54 said:
    What is an "ammortment cost", and in what way is it "official"?
    I think he means "amortised" - he's amortising the sum of the purchase and maintenance costs over the number of months he's had it.

    Of course, he's forgetting to account for the residual value, so it's a nonsense.
    Thanks for remainding me that, but in the end of it, it will be worthless. Good to keep an eye if I need to sell it before the end of life.
  • RobHT
    RobHT Posts: 348 Forumite
    100 Posts Second Anniversary Name Dropper
    AdrianC said:
    So much that makes precisely zero sense.

    Yes - most vans are used for businesses.
    Yes - bigger, less aerodynamic vehicles like vans use more fuel.

    You want a van that you can kip in and put a bike in, but also use everyday.
    So what sort of size van are you looking at? If we consider the Ford range - Transit Courier, Transit Connect, Transit Custom, Transit?
    What's your purchase budget, or would you be PCP/leaseing?
    Thanks, I know well the Vans you mentioned, these are already very expensive :) 
    Even if purchased used, it would cost me 400 a month... (in theory)
  • Herzlos
    Herzlos Posts: 15,584 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 27 September 2021 at 11:41AM
    Vans are in huge demand at the moment for various reasons - lack of supply, demand from businesses and people who want them for leisure use.

    What do you need the van for?
  • RobHT
    RobHT Posts: 348 Forumite
    100 Posts Second Anniversary Name Dropper
    Herzlos said:
    Vans are in huge demand at the moment for various reasons - lack of supply, demand from businesses and people who want them for leisure use.

    What do you need the van for?
    I noticed the price increase, but they have been always a bit expensive...
    I'd use it to carry some stuff when relocating, I move a lot, plus my sport motorbike.
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