
WelshGas
Retired after 42 yrs and enjoying Life.
Super Poster
Lifetime VIP Member
We all talk about the California depreciating at a lower rate than other high end vehicles, having higher residuals of many comparatively expensive vehicles, of servicing or repair costs, Insurance costs etc:, but I believe many people are not comparing like with like and in fact the picture is a damn sight rosier than many think.
1. Depreciation - all vehicles depreciate when bought new and driven off the forecourt. But the California, unless bought on a wholly PCP basis, because VW Finance charge you for that perceived depreciation, significantly less than any other £60+k vehicle.
2. Residuals - Californias are sought after. There is no significant competition of a Major Vehicle Manufacturer for such a Vehicle. Maybe the Marco Polo, based on a Mercedes Vehicle but not wholly built by them, only sold.
3. Servicing/Repair costs. You might complain but it is based on a commercial vehicle and commercial vehicles have to have comparatively low service/repair costs or fleet managers aren’t going to buy them, but they do in significant numbers. So you should really compare the California service and running costs with a similar high end costing vehicle, BMW or Range Rover. Some of those costs can be eye watering.
4. Insurance Costs. People might moan but the costs for other high worth vehicles can be significant.
5. Road Tax and fuel costs are comparable with most £60+k vehicles on the road.
BUT what no one ever seems to take into account is the X factor of owning a California.
1. How much you have saved on your accommodation and living expenses when holidaying and staying in the California, even if the campsite you use costs £50/night.
2. Days out and weekends taken on the spur of the moment because you have a California and not a Range Rover.
3. The cost/benefit to you of sitting in your own lounge at the Motorway Services instead of with the masses.
If your California is your 3rd vehicle then you are not saving as much compared with using it as a daily driver, only the fuel, as road tax and insurance are still paid whilst on the drive.
For me, personally, I think I’m quids in and possibly in profit compared to owning a Range Rover or equivalent vehicle and staying in and visiting the places I have over the past 5 yrs of ownership. I know some of the trips I probably wouldn’t have done.
So when you’re doing the sums compare everything and don’t forget the +tve side of the ledger and cost that up as well.
1. Depreciation - all vehicles depreciate when bought new and driven off the forecourt. But the California, unless bought on a wholly PCP basis, because VW Finance charge you for that perceived depreciation, significantly less than any other £60+k vehicle.
2. Residuals - Californias are sought after. There is no significant competition of a Major Vehicle Manufacturer for such a Vehicle. Maybe the Marco Polo, based on a Mercedes Vehicle but not wholly built by them, only sold.
3. Servicing/Repair costs. You might complain but it is based on a commercial vehicle and commercial vehicles have to have comparatively low service/repair costs or fleet managers aren’t going to buy them, but they do in significant numbers. So you should really compare the California service and running costs with a similar high end costing vehicle, BMW or Range Rover. Some of those costs can be eye watering.
4. Insurance Costs. People might moan but the costs for other high worth vehicles can be significant.
5. Road Tax and fuel costs are comparable with most £60+k vehicles on the road.
BUT what no one ever seems to take into account is the X factor of owning a California.
1. How much you have saved on your accommodation and living expenses when holidaying and staying in the California, even if the campsite you use costs £50/night.
2. Days out and weekends taken on the spur of the moment because you have a California and not a Range Rover.
3. The cost/benefit to you of sitting in your own lounge at the Motorway Services instead of with the masses.
If your California is your 3rd vehicle then you are not saving as much compared with using it as a daily driver, only the fuel, as road tax and insurance are still paid whilst on the drive.
For me, personally, I think I’m quids in and possibly in profit compared to owning a Range Rover or equivalent vehicle and staying in and visiting the places I have over the past 5 yrs of ownership. I know some of the trips I probably wouldn’t have done.
So when you’re doing the sums compare everything and don’t forget the +tve side of the ledger and cost that up as well.