Trade in value

[reserves]

Rear lights, front lights and the bonnet.
Not really a big one.

Different engine + major facelift wasn’t it?

 

[Legin]

The trade in is terrible because you have to also add that the new price is list so probably 8 - 10 k over its market value. So £35 - £8 k means £27k. Dealer is just trying it on.
I have p/x one or two high end cars and been offered £5k difference on £60k. My last p/x went for £500 more than I bought it for from the main dealer.
Its all about the balance to pay when p/x.
OP needs to buy in the UK, I know others that do the same from Ireland

 

[westfalia]

Different engine + major facelift wasn’t it?

5cyl down to 4cylinders, debatable about which one is the better.
I don't see it as a major facelift. But i could be wrong.

 

[soulstyledevon]

T5 to T5.1 was a fairly big upgrade, in my eyes the T5.1 looks much newer.

I can’t really decide how much of an upgrade a T5.1 to T6, Or T6.1

I understand why people want to upgrade, warranty etc.

Upgrading for a Warranty, works out to be a bloomin expensive warranty.
I’m not sure there has been any great advancements that really standout and are worthy of the expense.

 

[Paul Burns]

Hi all
Dropped into my local VW dealer in Dublin as they had the new 6.1 Ocean on display in the forecourt.
The salesman valued my own 2017 Ocean which is fully loaded with all the toys.
Bottom line is it cost me €75k new in 2017.
He said he would give me €40k as a trade in against a new one which costs €80k so to take up 3 years would cost me €40k !!!!
I nearly fell off the chair in shock and he was surprised at my shock of such a low value.
I didn’t even both to look at the new mode and walked out in disgust.
Were Cali’s not supposed to hold their value???
Cheers all

If you like to change vehicle every three or four years don’t buy, always lease depreciating assets. You only realise value on a depreciating asset if you keep it and use it for a long time.
You can currently lease a brand new ocean for between £700 and £800 per month with an initial payment of approximately £6000. Just hand it back after 3 years.

It’s remarkable how much campervans cost these days. When you think they were originally used by humble hippies and young people as a cheap form of freedom getaways.
I guess this is what happens when the middle classes get their claws into a particular market, they get luted in by the big corporations marketing machines.

 

[reserves]

If you like to change vehicle every three or four years don’t buy, always lease depreciating assets. You only realise value on a depreciating asset if you keep it and use it for a long time.
You can currently lease a brand new ocean for between £700 and £800 per month with an initial payment of approximately £6000. Just hand it back after 3 years.

It’s remarkable how much campervans cost these days. When you think they were originally used by humble hippies and young people as a cheap form of freedom getaways.
I guess this is what happens when the middle classes get their claws into a particular market, they get luted in by the big corporations marketing machines.

Unless I misunderstood, by those calculations the total cost of a lease over 3 years is £33k

Any new Cali purchased for say £65k will be worth way more than £32k in 3 years time

 

[Paul Burns]

Unless I misunderstood, by those calculations the total cost of a lease over 3 years is £33k

Any new Cali purchased for say £65k will be worth way more than £32k in 3 years time

 

[WelshGas]

Unless I misunderstood, by those calculations the total cost of a lease over 3 years is £33k

Any new Cali purchased for say £65k will be worth way more than £32k in 3 years time

And no personalisation or modification unless removable prior to handback. Such leasing deals are based on a Transporter van rather than a California. Not good value in my opinion.

 

[Paul Burns]

For £75 to £80 k you could buy a nearly new Range Rover Vogue and an Eriba caravan.

 

[Karlos]

For £75 to £80 k you could buy a nearly new Range Rover Vogue and an Eriba caravan.

And the Range Rover will loose money like it's going out of fashion.

 

[2into1]

If you like to change vehicle every three or four years don’t buy, always lease depreciating assets. You only realise value on a depreciating asset if you keep it and use it for a long time.
You can currently lease a brand new ocean for between £700 and £800 per month with an initial payment of approximately £6000. Just hand it back after 3 years.

This is misleading advice unless you fear the world is ending (it might be).
Many here buy and sell used vans and make profits, not by any trickery, but just because the list price increases drags up used values. Others just swallow small losses. Yes the next one costs more, but owning the current one costs very little.
Obviously no guarantee that will continue, but to throw away £6k and the £750/mth to own an Ocean is such a bad deal based on history.
I guess the saving grace is that if you do lease like that, you can sell it privately for much more than the outstanding balloon figure.

 

[willwander]

And the Range Rover will loose money like it's going out of fashion.

Which it is

 

[Paul Burns]

And the Range Rover will loose money like it's going out of fashion.

Yes it will just like a camper van. However you will be driving an amazing Range Rover not a van.
Also you will have the added benefit of leaving your accommodation in the campsite while you drive in luxury to the country pub for lunch.
Don’t tell me you eat in your van as it’s more cost effective because, remember you just paid out £75k on a van, must be loaded.

£75k equates to 7,500 hours of work presuming you are a humble working class campervan user after cheap humble outings.

Buying a new van only starts to make sense if you keep it for 10 years plus.
Remember the golden rule of economics: Buy appreciating assets. Lease depreciating assets.
You may choose to ignore my advice in rebellion but the advice still stands and will benefit you and you’re children in the future.

 

[Karlos]

Yes it will just like a camper van. However you will be driving an amazing Range Rover not a van.
Also you will have the added benefit of leaving your accommodation in the campsite while you drive in luxury to the country pub for lunch.
Don’t tell me you eat in your van as it’s more cost effective because, remember you just paid out £75k on a van, must be loaded.

£75k equates to 7,500 hours of work presuming you are a humble working class campervan user after cheap humble outings.

Buying a new van only starts to make sense if you keep it for 10 years plus.
Remember the golden rule of economics: Buy appreciating assets. Lease depreciating assets.
You may choose to ignore my advice in rebellion but the advice still stands and will benefit you and you’re children in the future.

A Range Rover will lose far more in a shorter time than any true Cali I have seen but maybe it's different in the states.

 

[Paul Burns]

A Range Rover will lose far more in a shorter time than any true Cali I have seen but maybe it's different in the states.

Hi Larry

Your absolutely correct, the reason I picked a Range Rover as a comparison is it also depreciates like a stone. However you get to ride in a Range Rover and sleep in a spacious cute Eriba which by the way hold their price very well.

I guess if your on this site you have sold the campervan idea to yourself so it doesn’t matter what I say I’m going to be told I’m wrong by everyone. It’s called cognitive dissonance.

if you guys want to look like humble left wing socialists enjoying an organic nature loving break, convert an old ambulance and keep an oily rag and tools in it. Remember it’s about the freedom not the constraints of a hefty loan.

 

[Chainline]

I have always been offered terrible trade in on my Cali. Private sale was by far best option.
as diesel and climate change become an issue I do think it will be a challenge for residuals in the long run. I for one am keeping my 2016 Beach much as I kept my first Cali for 8yesrs and 90k miles. Then regretted changing it for a car as circumstances were different.
I can only justify as a daily driver.
I guess that’s just a story. Yes dealers will offer relatively poor trade in as they need to make money!

 

[Mr T]

Yes it will just like a camper van. However you will be driving an amazing Range Rover not a van.
Also you will have the added benefit of leaving your accommodation in the campsite while you drive in luxury to the country pub for lunch.
Don’t tell me you eat in your van as it’s more cost effective because, remember you just paid out £75k on a van, must be loaded.

£75k equates to 7,500 hours of work presuming you are a humble working class campervan user after cheap humble outings.

Buying a new van only starts to make sense if you keep it for 10 years plus.
Remember the golden rule of economics: Buy appreciating assets. Lease depreciating assets.
You may choose to ignore my advice in rebellion but the advice still stands and will benefit you and you’re children in the future.

And yet apparently you are "looking to buy".
Welcome to the California forum, full of happy California owners, some who are fortunate to buy their dream Cali outright, some who have some sort of finance, whichever, we are all very happy with our choices and the memories we create with our Cali's. Not in it for investment purposes.

 

[Jester]

Yes it will just like a camper van. However you will be driving an amazing Range Rover not a van.
Also you will have the added benefit of leaving your accommodation in the campsite while you drive in luxury to the country pub for lunch.
Don’t tell me you eat in your van as it’s more cost effective because, remember you just paid out £75k on a van, must be loaded.

£75k equates to 7,500 hours of work presuming you are a humble working class campervan user after cheap humble outings.

Buying a new van only starts to make sense if you keep it for 10 years plus.
Remember the golden rule of economics: Buy appreciating assets. Lease depreciating assets.
You may choose to ignore my advice in rebellion but the advice still stands and will benefit you and you’re children in the future.

I would like your financial advise on appreciating assets please. As a humble working class campervan user who could do with making some money.

 

[willwander]

Buy appreciating assets. Lease depreciating assets. Was a quote from John Paul Getty (1892-1976)

Much loved by car salesmen who make money on leases and loans.

Not always as simple as that, firstly it’s more appropriate in a business environment, where there are tax advantages on depreciation, secondly it depends on the deal and whether you are borrowing to buy or paying cash, and could allocate your capital elsewhere...along with many many more factors.

 

[2into1]

Can someone find @Paul Burns the thread that was here a few days ago detailing an annual swap of Cali's that has generated cash every year? I buy and sell often and have always made money, except for a small loss on a T6 dealer bought at 6 mths. That was just bad timing. The guy who bought it from me could now sell it for a handsome profit.
Paul, I'm not really sure what you are doing here. It's making you miserable and you are sprouting nonsense.

 

[OGII]

Help! I've got some cognitive dissonance.
I clicked on the Eriba and Range Rover owners site, great people btw, and somehow ended up on a van site.

 

[WelshGas]

And the Range Rover will loose money like it's going out of fashion.

And spend a lot more time at the Dealership if some of the press reports are to be believed.

 

[2into1]

I guess if your on this site you have sold the campervan idea to yourself so it doesn’t matter what I say I’m going to be told I’m wrong by everyone. It’s called cognitive dissonance

If only you could erase history, #yourfirstpost

 

[WelshGas]

Hi Larry

Your absolutely correct, the reason I picked a Range Rover as a comparison is it also depreciates like a stone. However you get to ride in a Range Rover and sleep in a spacious cute Eriba which by the way hold their price very well.

I guess if your on this site you have sold the campervan idea to yourself so it doesn’t matter what I say I’m going to be told I’m wrong by everyone. It’s called cognitive dissonance.

if you guys want to look like humble left wing socialists enjoying an organic nature loving break, convert an old ambulance and keep an oily rag and tools in it. Remember it’s about the freedom not the constraints of a hefty loan.

What utter rubbish. Did you get the 2nd hand California and your Aston Martin or was that all talk?

 

[Vagophile]

And spend a lot more time at the Dealership if some of the press reports are to be believed.

One of my "reserve" automotive choices is an LPG powered Range Rover Vogue. I have been following this market for a while now and you can pick up a 10 year old face lifted model with massive spec for c. £6k. In the Vagophile book that is a good deal for long term ownership, especially if you have a Range Rover specialist mechanic as a friend. At 10 years old, most faults will have revealed themselves and been remedied. After some protracted deliberation, I went for a California, but that doesn't mean the Range Rover possibility is dead.