Value of nearly new work vehicles

[topchippyles]

3 hours ago, Big J said:

I was chatting to the chap at the Citroen garage about the value of my 2 year old Berlingo the other day. I was just curious to see what it's likely value might be in a year.

 

Anyway, it turns out that there is a massive delay for new vehicles, with new Berlingo orders scheduled for a Christmas build and new Dispatch scheduled for March. Consequently, 2nd hand values have shot up, especially for nearly new vans.

 

Looking online, it would appear that my 2 year old , 36k mile Berlingo is worth only a couple of grand less than I payed for it. It's a rare spec with the highest power output and loads and loads of extras.

 

We might be purchasing a house in Sweden in October and all cash is useful. Would you gamble on the prices still being high in 10-12 months time (when I'd otherwise sell it) , or would you sell up now and run an older vehicle until then? How long will the production delays last? Anyone any experience in other related industries? 

 

Given that production delays are making life difficult for lots of people in lots of industries, I'm inclined to try to capitalise on what I can.

Bit of a no brainer get shot while prices are high and its not like your wasting money buying a house out of the proceeds is it.

[trigger_andy]

15 minutes ago, Big J said:

 

 

Oooh, two conflicting bits of advice - which one to go with?? 😄

One in the hand is worth two in the bush, so they say. Like you say, advertise for silly money and take a good offer then you're laughing all the way to the bank

[AHPP]

“Hope is not a strategy.”

[daveatdave]

there is 1000s of vans stored around the country on old airfields etc. think it might be a ploy by the manufacturers  to shift a lode of old crap that needs a lode of spare parts

[difflock]

Perplexing that housing in Sweden can be so downright cheap, 300m2 for 80k after renovation, 

with their high labour costs, how can that be possible, since presumably timber, plumbing materials and electrial products cannot be cheap either.

The land the house sits on being the only cheap component of the entire build costs.

mth.

to add, wor daughter bought a van privately for 7k about a year ago, and it is now valued by "webuyanyvan" for 11k ish.

Quite mad(and I know she will not get the 11k valuation from wbav  .  .  . because) but still inditictive.

She IS going to sell it btw.

Edited July 25, 2021 by difflock

[kevinjohnsonmbe]

16 hours ago, Woodworks said:

Changing vehicles is always expense IME plus a load of hassle. I would hang in there and hope 

 

16 hours ago, monkeybusiness said:

I’d flog it now if you don’t really need it - they won’t go up any more and in reality I reckon all vehicle values are due to crash soon…

 

15 hours ago, Big J said:

 

 

Oooh, two conflicting bits of advice - which one to go with?? 😄

Cherry pick both 😂

[Commando]

4yr old Hilux Invincible-X with sensible miles are making £25k+ [emoji15]

[Big J]

It's settled. 

I'll get it properly valeted next week (for the first time ever), take lots of nice photos and advertise it for a slightly silly price. It's a one off spec, and ideally suited for someone who wants a fast, comfortable runabout with the ability to go off road a bit.

[dumper]

I’d go for a very silly price you can always come down

[Steve Bullman]

Good thread, will be interested how you get on. I was offered a silly high price for my Navara as a trade in with Nissan back in March. Almost took it but glad I didn't, specially when the government announced the higher tax claw back in the following budget