Who would have predicted the way secondhand values have gone over the past few years. All our vehicles are in our savings spreadsheet as zero. Whatever happens to motorhome values I bet they still depreciate a lot slower than cars.
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Who would have predicted the way secondhand values have gone over the past few years. All our vehicles are in our savings spreadsheet as zero. Whatever happens to motorhome values I bet they still depreciate a lot slower than cars.
Just looking at buying a boat I think I'll value that at zero tooI took the same attitude to the value of my boat.
So when I gave it to a good friend(sailor and engineer, who gets it in my Will anyway) the balance sheet did not change.
Much the same with the MH, except if I am buying another I suppose I will take this MH's sale value into account.
Geoff
Just looking at buying a boat I think I'll value that at zero too
Yes. I know they're a bit out of fashion but there are 6 sigma 33s in Whitby I'm thinking of joining them.Sailing I hope.
Yes. I know they're a bit out of fashion but there are 6 sigma 33s in Whitby I'm thinking of joining them.
Anyone put any thought in to the future value of their diesel motorhome as the day approaches to have all electric on to the roads.
If we speculate that as leisure vehicles they may have a shelf life of 15 years to the government's target of 2035 then there must come a time when prospective purchasers of your van will place a value based on its usable time left.
Most of us have probably been happy with the low depreciation in times passed but presumably that will not continue. The question is when and how fast the values would fall considering they may all become static caravans from 2035.
When new electric motorhomes come to market would people not be willing to pay a premium to future proof their investment with a marked fall in diesel sales. Perhaps that's when values start to fall faster than usuall?
Many will have to consider if and when they change their method of leisure travel such as caravan and electric car if they want some financial return on their van.
We are thinking to keep our present van untill forced to make it a static and not plow any more money in to further purchases. For us this means our second hand purchase in 2017 for will depreciate to £00.000 over those 18 years to 2035 at a rate of £5,000 per year which equates to £100.00 per week.
It's not all doom and gloom as we will use it extensively over those years for many adventures and enjoy the memories and all travel and leisure activities come with a cost.
Is there a different outcome for our trusty diesel
But not in my lifetime or budget !!Hydrogen will be the replacement for Diesel engines no emissions at all and no battery to get rid of or exchange buses and lorries in Sweden are already running on hydrogen , JCB have built hydrogen diggers with great success same deisel engines modified to run on hydrogen , if the we're to make electric diggers they would weigh approx 3 ton heavier. With the added batteries and could not work 8 hours solid , hydrogen in motorhomes is the future replace diesel tank with hydrogen one , jobs done ,
Hi GordonI posted some time ago that we would not be renewing our 2002 Rapido: it will slowly deteriorate and parts will become more expensive BUT in 10y time (or whatever) I will be disposing of a relatively worthless vehicle. I firmly believe that if I plow £60k into a new van then diesel prices plus environmental restrictions will allow it only a few extra years (although to my mind it would still represent £60k of investment when I dispose of it).
Several years ago I considered replacing it in order to get better fuel economy; currently qpprox 25mpg. The best I could hope for would be 40mpg (that I think is a lot of hope!) and the difference in costs over 10k miles pa is less than £1k: not significant. So all I would be gaining is something a bit "posher" with the added possibility in getting into cities with Environmental Zones (but parking would be just as difficult) and the cost of higher insurance premiums, warranty-required habitation checks etc to say nothing of all the niggling complaints that we read about with new vans.
So I'm also not renewing my grandfather rights: the van is only 3.5T. I can save those medical expenses as well.
Gordon
It's just another phrase for keeping C1 on your licence: medical, a couple of forms and a few quid.Hi Gordon
How do you renew Grandfather rights ?
Mitch
So why is this not being pursued and put forward as an alternative to scrapping all ICE engined vehicles, and forcing everyone down the unsubstainable EV route. Or is it all about profits / money ???????????????????????It doesn't add that much to the value of the van as it uses existing desiel engine modified