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Vans don't hold value because they aren't that convenient to daily drive, don't project the image a pickup does while screaming blue collar in a way that makes
by throwaway0a5e 5y ago
Vans don't hold value because they aren't that convenient to daily drive, don't project the image a pickup does while screaming blue collar in a way that makes all the potential yuppie buyers head for the hills. Also the used market is chock full of them because of how vehicle depreciation on taxes works and the fact that all the premium businesses that cater to rich people and moneyed industries generally try not to be seen driving run down 20yro vans.
Like every vehicle they reach a value floor based on condition.
- ehnto 5y agoThere are notable exceptions, but I would agree in general. Most of those exceptions are vehicles with cult-followings for "vanlife". Like sportswagons, vanagons, westfalias, even sprinters and transits hold a higher value floor than they used to. If anyone is reading this lamenting being priced out of the Sprinter market for their rad new van build, know that just about any van will do. Sprinters have an image premium, people buy them trying to not look poor while choosing to live in a van and that's bumped the price of the used market up.
- throwaway0a5e 5y ago>Sprinters have an image premium, people buy them trying to not look poor while choosing to live in a van and that's bumped the price of the used market up. Yeah, rich people trying to not look poor while recreationaly doing something poor people do out of necessity tends to do all sorts of stupid things to markets when the goods in question are interchangeable between the use cases.