Man maths

[Mansfieldman750]

OK OK… it was €100 from Barcelona to Palma + €120 from Palma to Valencia = pretty good value

That’s a bargain, I expected something like €400 return.

 

[Louis II]

I showed your post to our son who is an accountant and to my surprise he agrees with you.
You would be replacing a car with a California. Both vehicles would have costs for road tax, insurance, maintenance, fuel. Different but broadly similar so leave that aside.
Then it becomes a simple buy vs rent comparison and he added the depreciation per camping night to the camping fee.
He was only dropping his dog off and sort of grabbed my iPad and jotted this down but you’ll get the gist.
Only works if you do in fact go camping for 700 nights and stay away from hotels and Airbnbs so don’t go sneaking off to Tenerife for 2 weeks for some winter sun.

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Close but sadly wrong, assuming you also use the Cali as a daily drive you need to bring in cost of the car you would have bought if you didn’t have the Cali as a saving. For ease let’s say that would have been about £40k and, with it not being a Cali, after 10 years it’s going to be pretty much worthless. I think that makes the camping bit of the Cali pretty much free, resulting in a saving of around £50k over 10 years. That’s man maths.

 

[Mansfieldman750]

Close but sadly wrong, assuming you also use the Cali as a daily drive you need to bring in cost of the car you would have bought if you didn’t have the Cali as a saving. For ease let’s say that would have been about £40k and, with it not being a Cali, after 10 years it’s going to be pretty much worthless. I think that makes the camping bit of the Cali pretty much free, resulting in a saving of around £50k over 10 years. That’s man maths.

Nice one ! Yes I get that. The OP would be using his car to get to the £100 hotels and it would be worthless after 10 years so that depreciation needs to be added to the cost of the hotels.
I’ll put the accountant right.
That’s the key to this. Use your Cali as a daily driver.

 

[Kayleigh]

That’s a bargain, I expected something like €400 return.

Yes, I was surprised too. I spoke someone who paid even less with a different company. I used Baleària. Makes it quite a doable trip really and there are loads of routes. Would avoid Ibiza though.

 

[Mansfieldman750]

Man Maths No Good !

I was just about to explain to my wife that she would have to give up her Suzuki Ignis as we would be using the California as a daily driver thereby saving large dollops of wonga, and that that week in Madeira she mentioned next winter would not be happening as we would not be staying in hotels anymore.

I then thought, hang on, the Ignis can’t depreciate by £40,000 if it only cost £15,000 in the first place. Indeed I am entirely convinced that the Suzuki Ignis will become a cult classic and be worth £20,000 in ten years time which will really mess up the spreadsheet.

I have therefore decided, on balance, it is best not to mention the car or Madeira. Softly softly approach. Don’t rock the boat. Delicate subjects. Coward at heart.

 

[Louis II]

Man Maths No Good !

I was just about to explain to my wife that she would have to give up her Suzuki Ignis as we would be using the California as a daily driver thereby saving large dollops of wonga, and that that week in Madeira she mentioned next winter would not be happening as we would not be staying in hotels anymore.

I then thought, hang on, the Ignis can’t depreciate by £40,000 if it only cost £15,000 in the first place. Indeed I am entirely convinced that the Suzuki Ignis will become a cult classic and be worth £20,000 in ten years time which will really mess up the spreadsheet.

I have therefore decided, on balance, it is best not to mention the car or Madeira. Softly softly approach. Don’t rock the boat. Delicate subjects. Coward at heart.

Maybe if you’d taken man maths seriously and learnt it sooner you wouldn’t own a Suzuki Ignis in the first place and this wouldn’t be a problem

To be fair my cali replaced a BMW estate that was used as a family car and the man maths held up a bit better. Doesn’t really work to replace a smaller car / runaround.

 

[Mansfieldman750]

Suzuki Ignis and a tent. Get rid of the California. We’ll save a fortune. We can have 2 weeks in Madeira.
I’ll just tell my wi…. No, that’s not a good idea either.

 

[Californication69]

Suzuki Ignis and a tent. Get rid of the California. We’ll save a fortune. We can have 2 weeks in Madeira.
I’ll just tell my wi…. No, that’s not a good idea either.

Tell the wife, a week all inclusive with all the family, once a year. Happy wife, happy life.

 

[Duff.]

At risk of sounding like a donkey, the difference between 68k and 52k is 16k, so don’t you mean £16000/53 months = 302 per month?

It took a while

 

[Trail Planner]

Hmm, no finance costs in that calculation.
I had a look at the finance example for the new T7 e-hybrid and it costs £85,000 cash but £101,000 if you take it on PCP for 5 years at 5.9% interest.
That can be avoided by putting 50% down on HP but there is an opportunity cost in doing that.
Anyway for me depreciation is irrelevant. I don’t like the new one and I can’t afford it so I’ll keep this one until I’m finished with it then pass it on to the next generation.

£100k !!!!

 

[Mansfieldman750]

£100k !!!!

They’re not cheap are they.

 

[Californication69]

Let’s say you have £700 for a co. Car allowance.
You have a Range Rover, 3 years old, p400
Costs are £1300 a month. Without fuel.
Drives like you are on a cloud.
But you cannot sleep in it, no fridge, can’t cook inside it, roof doesn’t go up so you can stand in it.
No porta potti to have a quick wee.
Can’t whip away for a quick weekend away.
Can’t really relax by the river under an awning and no chairs that tuck away.
Service every year of £600.
Insurance is £2.5k a year.
Extended warranty is £135 a month. £1620 a year.

New Cali ocean.
Had £9K off £91k
So funding £82k less £6k deposit.
Thats £76k
GFV in 5 years is £50k
So £26k depreciation over 5 years.

5 years free service, warranty, breakdown, MOT cost.
And it’s £775 a month.

£1300 a month. No facilities.
£775 a month. All the joy.

Basic Man math. You make it work when you want to. That’s our prerogative.

 

[Mansfieldman750]

Let’s say you have £700 for a co. Car allowance.
You have a Range Rover, 3 years old, p400
Costs are £1300 a month. Without fuel.
Drives like you are on a cloud.
But you cannot sleep in it, no fridge, can’t cook inside it, roof doesn’t go up so you can stand in it.
No porta potti to have a quick wee.
Can’t whip away for a quick weekend away.
Can’t really relax by the river under an awning and no chairs that tuck away.
Service every year of £600.
Insurance is £2.5k a year.
Extended warranty is £135 a month. £1620 a year.

New Cali ocean.
Had £9K off £91k
So funding £82k less £6k deposit.
Thats £76k
GFV in 5 years is £50k
So £26k depreciation over 5 years.

5 years free service, warranty, breakdown, MOT cost.
And it’s £775 a month.

£1300 a month. No facilities.
£775 a month. All the joy.

Basic Man math. You make it work when you want to. That’s our prerogative.

On the other hand…

We paid £68,000 for ours in October 2021, on PCP at 2.8%
£10,000 deposit
£519 for 59 months.
£32,000 balloon payment due in October 2026.
Then it’s ours which will help considerably with the old cash flow.

Should I change it for a new one costing £82,000 after discount on PCP at 5.9%, with narrower beds, less cupboard space, one burner stove and a smaller fridge ?
I don’t think so.

What works for some people doesn’t work for others. I which you loads of enjoyment with your new one, as KevH said earlier if it’s what you want and you can afford it go for it.

 

[Kayleigh]

Should I change it for a new one costing £82,000 after discount on PCP at 5.9%, with narrower beds, less cupboard space, one burner stove and a smaller fridge ?
I don’t think so.

All depends on your use case and requirements. The new California seats certainly look more adjustable. Some people carry a lot of stuff, others like to travel light, but from what I have seen, the boot storage looks pretty good. The fridge also looks fine and for me would be an upgrade. I use a 15L fridge in my Beach, but I don’t carry loads of food or alcohol that needs to be kept refrigerated. Single burner is fine depending on whether you like to eat out or have other means of cooking. As I said, it’s down to each persons use case.

 

[Californication69]

On the other hand…

We paid £68,000 for ours in October 2021, on PCP at 2.8%
£10,000 deposit
£519 for 59 months.
£32,000 balloon payment due in October 2026.
Then it’s ours which will help considerably with the old cash flow.

Should I change it for a new one costing £82,000 after discount on PCP at 5.9%, with narrower beds, less cupboard space, one burner stove and a smaller fridge ?
I don’t think so.

What works for some people doesn’t work for others. I which you loads of enjoyment with your new one, as KevH said earlier if it’s what you want and you can afford it go for it.

2.8% pcp those were the days !
I have 5.8% which isn’t too shabby tbh.

Let’s hope in 5 years time electric infrastructure has improved, I get solar and batts and then the Cali ocean is full electric and id grab one of them for day to day.
Maybe crypto xrp will moon and I can get another house and a Carthago motorhome and some sheep.
Maybe shares will come in too and I can retire!

 

[Mansfieldman750]

2.8% pcp those were the days !
I have 5.8% which isn’t too shabby tbh.

Let’s hope in 5 years time electric infrastructure has improved, I get solar and batts and then the Cali ocean is full electric and id grab one of them for day to day.
Maybe crypto xrp will moon and I can get another house and a Carthago motorhome and some sheep.
Maybe shares will come in too and I can retire!

Yes I got lucky. Ordered it in February 2021 when the Base Rate was 0.1% and CPI was 0.4%.
Still, I didn’t know inflation was about to take off and neither did Volkswagen or they wouldn’t have loaned me all that money at 2.8%.
Crypto and sheep are a bit exotic as investments for me.
Severn Trent Water is more my style, nice little monopoly, people have to drink it, and if I go for a walk over Ladybower way I can look down and say that’s mine. About a cupful of it anyway.