The consideration is the future price vs what you are able to sell your for since if there is a lot of profit to be had now plus a savings on carrying costs for several ears, those $$ can be put towards the replacement.However annual insurance and registration fees for me are about $1,200 a year(I max out everything) plus oil changes/maintenance based on time not mileage.
I do have concerne that if in 3 to 4 years I wanna have a campervan, that it might be challenging to get a low mileage van again to build out at a price I can afford.
all in, I’m probably about $55K on this one. Not including the time I put into the build.
The current situation where used vehicles have gone up in value by 35% in one year (and new by 12%) is unprecedented Consumer Price Index News Release - 2022 M03 Results No one knows if this trend will hold/increase/correct in general in "a couple of years" and more specifically ICE cargo vans or converted cargo vans. But if a was a betting man ...