Should I Get A New Van Every Few Years? - Vehicles - Contractor Talk

Should I Get A New Van Every Few Years?

 
Thread Tools Search this Thread Display Modes
Old 10-03-2018, 10:39 PM   #1
edward trowelhands
 
Golden view's Avatar
 
Trade: Diplomat
Join Date: Feb 2012
Location: PDX
Posts: 4,458
Rewards Points: 6,142

Should I Get A New Van Every Few Years?


My van is critical to my business. But I put very few miles on it. 9k a year or so. It seems like 3-4 year old low mileage vans sell for a lot. Way more than I'd be willing to spend anyway. Still have a little powertrain warranty left, so that must be appealing to other buyers. Mine would fetch top dollar - clean, no smoking etc.

On to the point. A single day of a break down easily would cost me $1000 in lost time. Buying new tires, getting a brake job, transmission flush, or any other maintenance is a similar waste of my time, not to mention expensive these days. I worked 4 years in a diesel shop and I never want to swing a wrench again. So I'm not doing my own maintenance.

So am I best off just buying a new van every 3-4 years and never having to worry about repairs (hopefully) or maintenance other than 2 oil changes a year?
__________________
You make something idiot proof and the world invents a better idiot.
Golden view is offline  

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

   

Advertisement

 

Old 10-03-2018, 11:22 PM   #2
Fire up the BBQ
 
griz's Avatar
 
Trade: GC
Join Date: Nov 2009
Location: CA
Posts: 21,458
Rewards Points: 1,616

Re: Should I Get A New Van Every Few Years?


your finances & tax situation need to be considered also.

simple maintenance issues can be handled with appointments.

there are also mobile guys for repairs & maint that will come to you.

there is also no guarantee that a new vehicle will not need repairs, warranty work or recalls.

your current van seems to have a good track record and is working well.

i'd keep the old one until you start seeing issues.

Advertisement

__________________
SOME JOBS JUST AREN'T WORTH DOING:
griz is online now  
The Following 2 Users Say Thank You to griz For This Useful Post:
cedarboarder (10-10-2018), Golden view (10-04-2018)
Old 10-04-2018, 12:43 AM   #3
back doors to hell put in
 
Irishslave's Avatar
 
Trade: Carpenter
Join Date: Jun 2010
Location: Google knows
Posts: 3,669
Rewards Points: 1,000

Re: Should I Get A New Van Every Few Years?


Ford quit making the E series so theres that and I've never been a big Chevy or Dodge fan. Chevy used to be good....a long time ago.

These new "sprinters" and Fords new vans look like they have awful wimpy suspensions and working out of a pick up sucks....So I know what you mean it is a dilemma
__________________
Television is fake...The internet is real
Irishslave is online now  
The Following User Says Thank You to Irishslave For This Useful Post:
Golden view (10-04-2018)
Sponsored Links
Advertisement
 
Old 10-04-2018, 07:45 AM   #4
edward trowelhands
 
Golden view's Avatar
 
Trade: Diplomat
Join Date: Feb 2012
Location: PDX
Posts: 4,458
Rewards Points: 6,142

Re: Should I Get A New Van Every Few Years?


Quote:
Originally Posted by Irishslave View Post
Ford quit making the E series so theres that and I've never been a big Chevy or Dodge fan. Chevy used to be good....a long time ago.

These new "sprinters" and Fords new vans look like they have awful wimpy suspensions and working out of a pick up sucks....So I know what you mean it is a dilemma
I currently have the Ford Transit. I like it. I have the 250, which has a payload of almost 2 tons. It barely squats when I load a 3000 pound pallet of tile in it. I'm impressed.
__________________
You make something idiot proof and the world invents a better idiot.
Golden view is offline  
Old 10-04-2018, 08:20 AM   #5
Pro
 
hdavis's Avatar
 
Trade: remodeling
Join Date: Feb 2012
Location: CoastalME
Posts: 22,659
Rewards Points: 7,410

Re: Should I Get A New Van Every Few Years?


I like the mobile guys. I've also used one of the used vehicle inspection services so I could catch things before they were a real problem. They came up with a list of things ti have done. Had it all done as a scheduled service.

Personally, I'd keep running it, but part of that involves your image.

Don't forget, buying and outfitting a new one is a chunk of time, too.
hdavis is online now  
The Following User Says Thank You to hdavis For This Useful Post:
Golden view (10-05-2018)
Old 10-04-2018, 05:21 PM   #6
Pro
 
Ohio painter's Avatar
 
Trade: Painting and wallpaper
Join Date: Dec 2011
Location: Central Ohio
Posts: 1,495
Rewards Points: 2,762

Re: Should I Get A New Van Every Few Years?


Golden View, i have had the same thinking as you regarding my van. My previous van was a 2007 E250 with the small V8. My accountant advised me to make a significant purchase and so i decided to replace the van.

I traded it for a new 2016 Transit 250. My old van was at about 80000 miles. I love my new Transit, in 16 months or so i have about 16000 miles on it, i got the extended warranty bumper to bumper 100,000 miles. I found the unexpected repairs on my old van were aggravating me. I now know i will have no unexpected repair costs for quite a long time.

I have often given thought to how long will i keep this van. I custom built all my shelving to get it how i wanted it and don't wish to do that too often. I think trading in too often could be counter productive and any potential savings from a well maintained vehicle would not materialize.

If my accountant suggest another similar purchase then that will weigh heavily on how i proceed. I would most likely buy a second van knowing i still have a warranty on my current van for the the next 8 years or so. I debated keeping my old van but future repair costs, and some small rust spots starting (image thing) sealed its fate.

Like you doing low annual mileage, i will annually budget my maintenance costs and schedule them how they will suit me best. I could get by for a day without my van and make do with my old truck if i had to.

Irishslave - to reassure you, as far as towing ability etc, my new van with the 3.7L V6 out performs my old V8. My van has a factory tow package which included heavier springs and tires, my trailer barely squats it with a decent load in it.

Last edited by Ohio painter; 10-04-2018 at 05:25 PM.
Ohio painter is offline  
The Following User Says Thank You to Ohio painter For This Useful Post:
Golden view (10-05-2018)
Old 10-05-2018, 09:36 AM   #7
Been around
 
Mr Latone's Avatar
 
Trade: Roofing
Join Date: Jan 2011
Location: Western NY
Posts: 1,137
Rewards Points: 1,606

Re: Should I Get A New Van Every Few Years?


Like Griz pointed out, finance and tax situation are key input factors.

Looking at the big picture, it's a business expense that comes with costs and deductions. If these end up being equal to keeping an older vehicle, the newer van seems to be a better choice IMO.

There is a lot to the equation....

Financed? This brings a cost of interest and the requirement to carry collision insurance. If you own it outright, both of these costs can be eliminated.

Not fully depreciated? The tax benefit of money spent on a newer, not depreciated vehicle may be an equalizer that allows you to drive new for the same cost as a fully depreciated vehicle.

Maintenance and fuel mileage? A new vehicle has little if no maintenance cost for the first 50k miles. Just oil change really. The mileage on a newer vehicle becomes more important for high mileage needs.

Face value? In a retail situation, some customers will respond to the appearance of success that newer vehicles bring.
__________________
Above all, a good roof
Mr Latone is offline  
The Following User Says Thank You to Mr Latone For This Useful Post:
Golden view (10-05-2018)
Old 10-05-2018, 09:49 AM   #8
water re-locater
 
NYgutterguy's Avatar
 
Trade: Gutter installer
Join Date: Mar 2014
Location: orange/rockland ny NYC suburbs
Posts: 6,629
Rewards Points: 6,288

Re: Should I Get A New Van Every Few Years?


I'm the complete opposite. Both my cube cans will be 19 this year . One only puts 3k miles a year on it.


Sent from my iPhone using Tapatalk
NYgutterguy is online now  
The Following User Says Thank You to NYgutterguy For This Useful Post:
Golden view (10-05-2018)
Old 10-05-2018, 10:05 AM   #9
The Sheriff

 
Jaws's Avatar
 
Trade: GC
Join Date: Dec 2010
Location: Texas
Posts: 22,992
Rewards Points: 3,966

Re: Should I Get A New Van Every Few Years?


I think it's just a personal decision.

I don't think the vehicle matters if it's the right contractor, I know a couple builders who where crocs, have dogs in their trucks, both at the bar in the early afternoon often and both known to drink at lunch. One drove a 15 year old truck that was always filthy until he bought a new one this year, the other always has a brand new platinum lifted diesel.

Both stay covered up with multi million dollar luxury builds. I doubt the new truck helped the one guy sell more lol

For me personally it depends on income. Last year my truck was only a year old but income was exceptionally high, got offered a he'll of a trade in on my one year old f 250 for a brand new f 250, accountant says no brainer and wrote off the max income.

Most years I have something better to buy that will make money. Like my roll offs, a skid steer, a mini ex, a new box trailer, ect...
__________________
"The sound of the saftey clicking off is the only warning your gonna get......., so cover your ears" Northeast Wyoming 2016

John
Jaws is online now  
The Following 2 Users Say Thank You to Jaws For This Useful Post:
Golden view (10-05-2018), mtngant (10-11-2018)
Old 10-05-2018, 07:20 PM   #10
edward trowelhands
 
Golden view's Avatar
 
Trade: Diplomat
Join Date: Feb 2012
Location: PDX
Posts: 4,458
Rewards Points: 6,142

Re: Should I Get A New Van Every Few Years?


Easy cash purchase for me. Wrote off the other one in full, so I'd be able to write off the "upgrade" cost.

As far as the power of the van, the egoboost, as I call it, is amazing. In general it doesn't drive like a van at all, but can haul 3500 pounds with ease.
__________________
You make something idiot proof and the world invents a better idiot.
Golden view is offline  
Old 10-08-2018, 06:48 AM   #11
Artist and not a curator
 
Deckhead's Avatar
 
Trade: Carpentry,
Join Date: Dec 2010
Location: Sarasota, Florida
Posts: 7,688
Rewards Points: 12,860

Re: Should I Get A New Van Every Few Years?


Quote:
Originally Posted by Jaws View Post
I think it's just a personal decision.

I don't think the vehicle matters if it's the right contractor, I know a couple builders who where crocs, have dogs in their trucks, both at the bar in the early afternoon often and both known to drink at lunch. One drove a 15 year old truck that was always filthy until he bought a new one this year, the other always has a brand new platinum lifted diesel.

Both stay covered up with multi million dollar luxury builds. I doubt the new truck helped the one guy sell more lol

For me personally it depends on income. Last year my truck was only a year old but income was exceptionally high, got offered a he'll of a trade in on my one year old f 250 for a brand new f 250, accountant says no brainer and wrote off the max income.

Most years I have something better to buy that will make money. Like my roll offs, a skid steer, a mini ex, a new box trailer, ect...
Wearin' Crocs to work. Nothing wrong with that! Drinking at lunch time is a bit excessive though.
__________________
Take out the papers and the trash
Or you don't get no spendin' cash
If you don't scrub that kitchen floor
You ain't gonna rock and roll no more
Deckhead is offline  
Old 10-08-2018, 07:36 AM   #12
Contractor of the Month
 
Inner10's Avatar
 
Trade: Control Systems
Join Date: Mar 2009
Location: Ottawa, ON
Posts: 25,494
Rewards Points: 3,702

Re: Should I Get A New Van Every Few Years?


Quote:
Originally Posted by Golden view View Post
Easy cash purchase for me. Wrote off the other one in full, so I'd be able to write off the "upgrade" cost.

As far as the power of the van, the egoboost, as I call it, is amazing. In general it doesn't drive like a van at all, but can haul 3500 pounds with ease.
Ecoboost transit is a monster. Wish they came 4x4.
__________________
The Following User Says Thank You to Inner10 For This Useful Post: Leo G
Inner10 is online now  
The Following User Says Thank You to Inner10 For This Useful Post:
Golden view (10-08-2018)
Old 10-08-2018, 08:14 AM   #13
edward trowelhands
 
Golden view's Avatar
 
Trade: Diplomat
Join Date: Feb 2012
Location: PDX
Posts: 4,458
Rewards Points: 6,142

Re: Should I Get A New Van Every Few Years?


Quote:
Originally Posted by Inner10 View Post
Ecoboost transit is a monster. Wish they came 4x4.
If I still lived in snow country I would too. Maybe some day. For now, you'd have to spend half the cost of the van again for a third party option.
__________________
You make something idiot proof and the world invents a better idiot.
Golden view is offline  
Old 10-08-2018, 11:27 AM   #14
Pro
 
Anderson's Avatar
 
Trade: Home improvement contractor
Join Date: Sep 2009
Location: Wilton,CT
Posts: 995
Rewards Points: 1,194

Re: Should I Get A New Van Every Few Years?


If you only want it for 3 years, could you lease. I know you can with mercedes but not sure about ford and the other brands.

Advertisement

Anderson is offline  
The Following 2 Users Say Thank You to Anderson For This Useful Post:
Golden view (10-08-2018), mtngant (10-11-2018)


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
been wanting to take pix of this one for years..... A&E Exteriors Roofing Picture Post 28 08-13-2012 07:50 PM
Oil tacky after 2 years NAV Painting & Finish Work 6 09-22-2010 06:20 PM
Paperhanger 15 years experiance miagregg Help Wanted or Looking For Work 0 10-31-2008 08:44 PM

Join Now... It's Fast and FREE!

I am a professional contractor
I am a DIY Homeowner
Drywall Talk is for
PROFESSIONAL CONTRACTORS ONLY!

At DrywallTalk.com we cater exlusivly to professional contractors who make their living as a contractor. Knowing that many homeowners and DIYers are looking for a community to call home, we've created www.DIYChatroom.com DIY Chatroom is full of helpful advices and perfect for DIY homeowners.

Redirecing in 10 seconds
No Thanks
terms of service

Already Have an Account?