Thinking of Selling, but told prices are dropping like a stone

Sue

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Very depressing..
We are thinking of selling our IH Motorhome… it’s simply time to move on, but we have been told that, although prices went up after covid, they are now dropping like a stone. The market is weak because the future is so uncertain
What does everyone think? Is this your experience?
 
You are all thinking very insular in this, what about motorcycles, and all other ICE vehicles, boats, microlites, planes & motorsports and any other types, etc ???
 
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Whether buying vehicles or property the only thing that matters is the cost of change.
This.
I looked very seriously into changing my van last year. With one vehicle things progressed significantly until the owner decided not to sell. But at the end of the day the cost to change was too high to justify upgrading. I worked out that I would need AT LEAST £30,000 in addition to the 'value' of my current van to make a significant enough change to be worth doing it.
I don't have that money lying around. I don't really want to have a loan on what is a non-essential item.
I considered the following:
  • What would I do differently with a new van?
    Not all that much (if anything) while I am still working full time and have various commitments.
  • Was the benefit of (potentially) more space, and headroom etc worth the investment?
    For me, not enough for a £30,000+ outlay, especially given I own my current van outright, and am not keen on borrowing money.
  • Was the benefit of a newer van significant in terms of cost per trip - ie. CAZs compliance, better fuel economy?
    £30k+ covers a lot of fuel and CAZ charges, even allowing that CAZs will increase and will be harder to avoid travelling through, and the Govt is likely to try taxing older diesels off the road, by increasing taxes on diesel, and hiking the VED annually, plus introducing other costs. However, my van is not my primary vehicle, so I can choose when I want/need to use it.
  • What about the 'mods' I've made to the current one?
    Some of these would likely have to be done again on a new van. So adding cost to an already massive investment.
Currently my van is worth more to me than it's worth used to someone else. It's 'tweaked' to suit me. I've decided to make some fairly costly changes to it, even though it's already 15 years old, on the basis that I've owned it for 10 of those years and know how it's been cared for and maintained both mechanically and habitationally (I may have just invented that word).

So I think I'll be keeping this one for at least another five years. By which time it may or may not be worth almost scrap value, but by when it'll be clear how costly it will have become and will get - and how quickly - to use it. Perhaps at that point I'll swap out the diesel engine for a Subaru petrol one... Or perhaps I'll buy something else. But for now, Tonks and I will keep doing what we are doing, and enjoying it.
 
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The big big thing about today's oil powered motorhomes is that in ten years time they are all going to be worthless.
They can't do anything but go down to scrap price.
I would like to know how countries that make these threats of all electric are going to find the power these vehicles. Companies like Toyota that have made good profits selling electric vehicles are now introducing hydrogen vehicles for when the penny drops within governments.

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I would like to know how countries that make these threats of all electric are going to find the power these vehicles. Companies like Toyota that have made good profits selling electric vehicles are now introducing hydrogen vehicles for when the penny drops within governments.
It uses more energy electricity to make hydrogen, although the advantage is it could be off peak energy/electricy
 
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It uses more energy electricity to make hydrogen, although the advantage is it could be off peak energy/electricy
It could be although you can of course use the same off peak electricity to charge EVs and if there are enough of them buy back any surplus at peak times and resell it still cheaper than making hydrogen
 
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It could be although you can of course use the same off peak electricity to charge EVs and if there are enough of them buy back any surplus at peak times and resell it still cheaper than making hydrogen
Absolutely, agree which is why I don’t think Hydrogen will be the leading fuel for road transport.
Hydrogen will I believe be used in processes that are difficult to complete using electric power, such as glass production, aviation etc. areas where it can be made on site and not transported around the country. Think old gas works
 
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I would like to know how countries that make these threats of all electric are going to find the power these vehicles.
Indeed, but at least in India there's already a vast infrastructure of circuits to tap into for the charging points.

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One of our local dealers had an autumn sale a few weeks ago with between £5k and £15k off some motorhomes and campervans.
Most didn't sell and they have now put the prices back up again.
If they couldn't sell them when they were reduced, I wonder how they think they can sell them now at a higher price.
 
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One of our local dealers had an autumn sale a few weeks ago with between £5k and £15k off some motorhomes and campervans.
Most didn't sell and they have now put the prices back up again.
If they couldn't sell them when they were reduced, I wonder how they think they can sell them now at a higher price.
They've probably put them back up in anticipation of a bigger " sale" next time!
 
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Absolutely, agree which is why I don’t think Hydrogen will be the leading fuel for road transport.
Hydrogen will I believe be used in processes that are difficult to complete using electric power, such as glass production, aviation etc. areas where it can be made on site and not transported around the country. Think old gas works
I think hydrogen production if it's just by electrolysis could be done by lots of small scale production at the nearest point on the grid with good supply reducing shipping and storage costs. In the case of aviation given sufficient power it could be done at or near the airport.

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I think hydrogen production if it's just by electrolysis could be done by lots of small scale production at the nearest point on the grid with good supply reducing shipping and storage costs. In the case of aviation given sufficient power it could be done at or near the airport.
A pal who works at Grotport Airwick told me that fuel is delivered direct through an underground pipe from Fawley on the South Coast. Apparently there's just one pipe and different fuels are sent along it, separating them with a 'buffer fluid. Same for Thiefrow airport he said.
 
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Absolutely, agree which is why I don’t think Hydrogen will be the leading fuel for road transport.
Hydrogen will I believe be used in processes that are difficult to complete using electric power, such as glass production, aviation etc. areas where it can be made on site and not transported around the country. Think old gas works
They're are on going trials around injecting Hydrogen in to the UK gas grid in order to up the calorific value without increasing the carbon output. It's currently below 20% at this time, as I believe that is the level at which consumer devices would need modification, but in the fullness of time the grid with some modifications could be used to distribute Hydrogen under pressure around the country. This would make utilising it much more convenient / practical !
 
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My brother-in-law worked for Daimler Benz in the truck division. He was at the launch of their new EV tractor unit. They were no good for long haul and could only be used on local hauls due to the need to re-charge. In order to entice buyers the EU offered an €80,000 subsidy off the €300,000 cost of them.
 
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From my very limited knowledge of hydrogen...storage and transport are the big issue....it can't just be pumped along an old AVGas pipe etc
 
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From my very limited knowledge of hydrogen...storage and transport are the big issue....it can't just be pumped along an old AVGas pipe etc
I don't know what an AVGas pipe is but it seems that using the existing grid it can be done with not too great a conversion.......there are new lines to install but most of the system will utilise existing pipelines one way or another.......the current target seems to be 100% Hydrogen in the grid by 2050........

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I think prices are just becoming more realistic. They were stupid money, people trying to sell the same year and model of mine for the same price I got it from a dealer 5 years ago, that’s nuts!

The electric and ICE argument is interesting.

It won’t be long before electric vans are common, the infrastructure is already in place and more being added all the time. Particularly around cities.

We have just got Lucy an electric car, it was 3 years old and a few grand cheaper than the ICE version. No road tax and the electric to fill the battery for the 190 mile range costs £3.50. A fast charger at a services will get the battery to 80% in 20 minutes, though will cost you the equivalent of diesel for the convenience.

In short, we love it and wish we had got one years ago. It replaced a Diesel BMW mini that depreciated 3.5k a year, it had multiple issues due to the complex emissions systems it required by law. Look at the amount of problems people have on here with adblue and the like, that’s purely down to the fact they need to keep emissions low. No problem with electric vehicles.

We have had an electric Ambulance for years at work, no issues, they just need to solve the battery capacity and charge times.

My point is, I won’t be buying a new Motorhome for some years now, I am waiting for them to solve the electric problems like they have nearly done with cars. I don’t want a complex emissions system, it’s bad enough on my 2013 Ducato.

The constant horror stories of electric vehicles have helped me get a great deal on the current car, having tried it, I won’t be going back to an ICE. If they could carry on so I get a good deal on an electric motorhome in 10 years, that would be great. 😊
 
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WOW...what a statement. Maybe we need to let Iveco, Volvo, Scania, Mercedes Benz, Man, Daf, who are just some of the major truck manufacturers know this is happening so they can stop making all those big lorries that carry all our food and supplies around the world...pretty sure they're all diesel ehh ? Will they all be scrap in ten years too ?
Iveco an DAF trucks are pretty much scrap a week after they hit the road lol😇😆😎

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I think prices are just becoming more realistic. They were stupid money, people trying to sell the same year and model of mine for the same price I got it from a dealer 5 years ago, that’s nuts!

The electric and ICE argument is interesting.

It won’t be long before electric vans are common, the infrastructure is already in place and more being added all the time. Particularly around cities.

We have just got Lucy an electric car, it was 3 years old and a few grand cheaper than the ICE version. No road tax and the electric to fill the battery for the 190 mile range costs £3.50. A fast charger at a services will get the battery to 80% in 20 minutes, though will cost you the equivalent of diesel for the convenience.

In short, we love it and wish we had got one years ago. It replaced a Diesel BMW mini that depreciated 3.5k a year, it had multiple issues due to the complex emissions systems it required by law. Look at the amount of problems people have on here with adblue and the like, that’s purely down to the fact they need to keep emissions low. No problem with electric vehicles.

We have had an electric Ambulance for years at work, no issues, they just need to solve the battery capacity and charge times.

My point is, I won’t be buying a new Motorhome for some years now, I am waiting for them to solve the electric problems like they have nearly done with cars. I don’t want a complex emissions system, it’s bad enough on my 2013 Ducato.

The constant horror stories of electric vehicles have helped me get a great deal on the current car, having tried it, I won’t be going back to an ICE. If they could carry on so I get a good deal on an electric motorhome in 10 years, that would be great. 😊
Why's it called Lucy? Those horror stories got us a good deal on ours
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260 mile range £22 k brand new although pre registered ( the first " owner" had it 4 days!
 
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Why's it called Lucy? Those horror stories got us a good deal on ours
View attachment 963448


260 mile range £22 k brand new although pre registered ( the first " owner" had it 4 days!

Looks good. Have you managed to test the range under different conditions?

I for instance sometimes have to do a c. 180 mile round trip in a day, mostly on motorways so I would potentially have a range anxiety issue.

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