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Negative depreciation

Amarillo

Amarillo

Tom
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These discounts seem very high to me. Are you talking about that sort of discount on factory orders, or buying stock off the forecourt? We've bought quite a few Californias as factory orders, and not obtained that level of discount. Did get a nice key ring though.

We negotiated the 17% by agreeing that Amarillo could be used as a road demonstrator for up to 3 months or 5,000 miles whichever came sooner before delivery, with a long stop delivery of 12 months from order.

In the end the garage timed things for the 2017 sales figures and delivered Amarillo at 11 months with delivery miles only. For the first three months of ownership the dealer was the registered keeper.
 
westfalia

westfalia

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sold my auto sleeper campervan on peugeot boxer engine for EXACTLY the same money i bought it for 3 years ago
And there was me in my Cali cocoon thinking that anything
other than a Vw Camper is gonna blow a few quid.
Although i've always had a sneaking suspicion that
we are not alone.
 
westfalia

westfalia

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Yes - I should have sold Amarillo for £28,000 in March 2018 and bought 5 Bitcoin instead. Had I done so I would now have ~£200,000.
But if you did sink all that cash into it, would you have let it ride
all the way?
That is the 21 Bitcoin question.
 
Amarillo

Amarillo

Tom
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We negotiated the 17% by agreeing that Amarillo could be used as a road demonstrator for up to 3 months or 5,000 miles whichever came sooner before delivery, with a long stop delivery of 12 months from order.

So sorry - I have just checked. Our discount was 14% not 17%. It’s odd how my memory plays more and more tricks as I get older...
 
Velma's Dad

Velma's Dad

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I wouldn’t have had the balls to spend £28,000 on a bunch of electrons in a ledger on someone else’s computer in the first place.
Me neither. Guano trading is the future, I perceive. You can use it to grow tulips.
 
calidog

calidog

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Essex, UK
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T6 Beach 150
I knew when I bought my Cali beach 15 months ago, the depreciation was one of the best about. It was the difference on me buying it, instead of the Mercedes, which I thought was better to drive and plusher.
I have now sold it for more then I bought it for, which is astounding!.
We live in strange times :)
 
Amarillo

Amarillo

Tom
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I knew when I bought my Cali beach 15 months ago, the depreciation was one of the best about. It was the difference on me buying it, instead of the Mercedes, which I thought was better to drive and plusher.
I have now sold it for more then I bought it for, which is astounding!.
We live in strange times :)
There is a member @Max-Felix I think, who uses seasonal variations in price to buy and sell Cali’s always making a profit, and having a season’s free use.
 
calidog

calidog

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There is a member @Max-Felix I think, who uses seasonal variations in price to buy and sell Cali’s always making a profit, and having a season’s free use.
I think we must be in different times to the normal seasonal variations.
I bought my Beach for £39500, 15 mths ago with 50 miles on the clock, from a dealer, with £1K of chosen free extras. The same vehicle is now on the forecourt for nearly £48000!
That can't be normal! :)
 
L

Lightning

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Bristol
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T6 Ocean 204
I think we must be in different times to the normal seasonal variations.
I bought my Beach for £39500, 15 mths ago with 50 miles on the clock, from a dealer, with £1K of chosen free extras. The same vehicle is now on the forecourt for nearly £48000!
That can't be normal! :)
It’s not good for most of us. It’s like house prices, unless you are leaving the market permanently or down sizing the next van also costs a lot more.
 
soulstyledevon

soulstyledevon

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It’s not good for most of us. It’s like house prices, unless you are leaving the market permanently or down sizing the next van also costs a lot more.

Or the arse end the falls out the market and someone’s left with an £82k fast deprecating nightmare...
 
andyinluton

andyinluton

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Or the arse end the falls out the market and someone’s left with an £82k fast deprecating nightmare...
Even thats only a problem if you want out. If there was huge depreciation and you own rather than PCP it, it makes more sense to keep it longer & get more use out of it.

For us, changing ours recently, once you got past the headline list price & found what they were really available for, coupled with the excellent trade in values of the old van made the cost to change acceptable.

I think the big depreciation could be in 2-3 years time when all those vans bought on PCPs over the last 12 months hit the dealers, coupled with possibly less demand as people will be flying off on holiday again.
 
Tarquers

Tarquers

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Wrocław
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T6.1 Beach camper 150
In part it is how you purchase. I bought new cash rather than second hand due to inflated used prices vs 5 year warranty on a newer spec. While the cash is gone, I have an asset that is depreciating faster than my un-invested cash would be, but off set against the cost of a second vehicle.

I am planning on keeping the vehicle as long as possible, so at some point my depreciating asset will pass the theoretical second vehicle costs which would cost less but depreciate faster. With no finance costs, I know what the actual costs are, and projecting ahead, in terms of NPV and IRR, if I squint a little I can make the maths work.

this of course only works if I don’t look at pumping the money into (pick your investment here) but I would still need to have a second vehicle so for me, this way makes sense.

By the time I do come to change, if ever, there will be an asset value plus increased savings to repeat. if I was keeping for 3 years then finance makes sense and would make the capital work hard to cover the monthly or part thereof.
 
Max-Felix

Max-Felix

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1,456
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Sussex
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There is a member @Max-Felix I think, who uses seasonal variations in price to buy and sell Cali’s always making a profit, and having a season’s free use.
Hi guys - not been on for a long time as we have been Cali-less for nearly two years.

It was not really seasonal variation (ironically I always bought at the 'wrong' time - ie buy June, sell September) more just being super quick to spot a very keenly priced Cali (with accessories that can also be sold on separately to help , ie awnings etc) and then taking care of any little issues and selling with a good ad at the 'right' price.

IME in 'normal' (pre-C times) the time of year had little to do with Cali prices.

It worked four times for us (16/17/18/19) wonderfully as we had the use of a Cali for a 4/5 week summer Europe tour every year and made a bit on the sale to offset the holiday costs. The alternative of hiring would mean a bill of £thousands rather than a profit!

Obviously you have to be quick and confident buying used vehicles etc and know Calis well.

Crazy thing is all four of the Calis we bought/sold, even the one sold in '16 is now probably worth more years later.

That first Beach we sold in 2016 after the first summer was a gorgeous and immaculate three year old example that we sold with 13,000 miles for just £30,250. Must be worth close on that now being five years older and probably 50,000+ miles.

I've always said the single thing that makes Cali ownership financially sensible is the residuals and VW always help owners by never failing to keep raising the new prices and in turn the used values.
 
Max-Felix

Max-Felix

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Sussex
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T5 SE 140
Just a theory but I will add to the above that although the Cali price over time has always plotted an ever rising graph, this could see a blip in the years to come.

We have all seen the occasional Calis for sale; '...barely used, bed never slept in, cooker never cooked on...'

In the past 'Covid-year' and in the year to come the huge increase in new Cali orders will perhaps contain many more of these less considered purchases with dare I say buyers with more money than sense making an impulse purchase and for whom the dream of Cali-life is not what they imagined.

This is not just true of campers but anyone involved in any leisure business particularly outdoors will have seen a crazy rise in sales with people desperate to spend 'free' money on bicycles, SUPs, small boats, hot tubs etc, etc.

And if Cali order books are really 3x fuller then one day perhaps a glut of these barely used campers will saturate the used market and prices will only go one way...?
 
Last edited:
reserves

reserves

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1,526
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T5 SE 140
Just a theory but I will add to the above that although the Cali price over time has always plotted an ever rising graph, this could see a blip in the years to come.

We have all seen the occasional Calis for sale; '...barely used, bed never slept in, cooker never cooked on...' In the past 'Covid-year' and in the year to come the huge increase in new Cali orders will perhaps contain many more of these less considered purchases with dare I say buyers with more money than sense making an impulse purchase and for whom the dream of Cali-life is not what they imagined.

This is not just true of campers but anyone involved in any leisure business particularly outdoors will have seen a crazy rise in sales with people desperate to spend 'free' money on bicycles, SUPs, small boats, hot tubs etc, etc.

And if Cali order books are really 3x fuller then one day perhaps a glut of these barely used campers will saturate the used market and prices will only go one way...?

The price of second hand Cali's will definitely fall back down after the current situation is over, no doubt about that.

I know people who have brought motorhomes on a whim and now are coming to terms with the fact they don't really get on with them.

The fact I can probably sell my 2014 Cali at the moment for almost as much as I brought it for is crazy.

If buyers had a little bit more foresight they would realise they could get a brand new Cali for close to 2nd hand prices. A brand new T6.1 Ocean can be had for £60k if you order direct and 2018 T6 Oceans are being advertised for around £56k, it's crazy.
 
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W

Wongo

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654
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South London
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T6 Ocean 204 4Motion
Arexwe now in Porsche Panamera territory? Output & lead times unable to cope with demand causing a bull market.
 

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