OTW wrote:Oh Anne! You have NOOO idea how much you just helped me. None. Yesterday I sort of gave up on the vans and started looking at trucks. First waking thought: "But I really. want. a van."
They are not as plentiful on the used market as I thought they'd be. To the contrary. But the way you went at shopping, I love it! Fantastic procedure.
So now, you say YOUR cargo van's seats are comfortable? I can't see from your photo but what kind of van you have. Is it a GMC?? What year?
Thank you!!
Carol
Hello Carol.
Happy to oblige.
Used cargo vans are not as plentiful as are used pick up trucks. One reason is that they are built to be sold to haul. . . cargo. Thus the target market for them is somewhat limited from the get-go (unlike a pick up). Lots of other reasons for this relative scarcity over pick-ups, what comes to mind (again) is that, to some degree, a pick up is a vanity item. Many folks that drive pick ups trade them in regularly, so that they always have the latest and greatest to drive. Cargo vans, on the other hand, are generally used for. . . cargo. No vanity, no latest-and-greatest, involved.
So, quite often (but not always) cargo vans are beat to death and run into the ground. They are driven until they wear out, and only then traded in. Pure economics for people that use them for cargo. The mileage on a cargo van is often all about running in stop-and-start traffic on local streets and byways, all day, every day, as things are picked up and delivered - and rarely on freeways, or in long distance driving. Stop-and-start is extremely hard on any vehicle. On a large, heavy vehicle like a cargo van, it is even more so.
I would like to mention again the importance of the different email address and the different phone. For a while, your calls and emails will be about vehicles. But then the emails will begin to change after a while, with totally bogus "offers" for things like viagra (all us ladies need our daily dose of viagra, right?), your "lottery winnings" or maybe your "Discover Card update click here" and etc. (I NEVER click on links in emails I don't know their origination - virus time). It pretty much goes downhill from there.
About then would be the time to cancel your Google account and turn the TracPhone off. Hopefully you have found your new vehicle by then.
By the way - the procedure for registering at the sites I mentioned work for both new vehicles and used vehicles.
Yes, my cargo van seats are eminently comfortable. Again, more comfortable than the seats in my Nissan. I have a few things to do this morning, if I have time later today I will take a couple of photos of the seats and post them. But what I have in my van is "standard". I have peeked at other vans of my type in parking lots and dealerships, just for fun, and the seats are always the same - a high-back seat with armrests (that fold up or fold down, depending on one's preference).
My van is a 2011 GMAC Savanna. But the only difference I can see between the GMaC and the Chevy is that one has the "Chevrolet" emblem on it, and the other has the "GMC" emblem on it. The bodies look the same. Maybe the seats are different between the two makes, but I doubt it.
A final note about looking for vehicles:
In the past, a used vehicle was nearly always less money than a new vehicle. This began to change about 2008 or so, at the time of the Great Recession when it looked like, for a while, the car companies were about to go belly up like a dead fish. While that is still true (price of used less than price of new) - basically - often a new vehicle these days will be the better deal.
Aside from the obvious reasons - with new you know what you are getting; it should be dead reliable; it will come with a 3/year 36,000 mile warranty - or better; when one can maintain it oneself from day 1, it is likely to really last - there are more subtle reasons that many people are not aware of:
Used vehicles hold their value like never before, so the difference in price between new and used might not be that great. For example, when I started out looking for a van, I found a beauty - 10 years old, 35,000 miles. I took a test-drive, it had some odd rattles and shudders and groans that I couldn't identify. When I did the walk-around, I peeled up the rubber mat in the back (vans have, or should have, a rubber mat on the floor covering the entire floor from the seats to the back door) the floor ridges (the metal in the floor of a van in the back is not level, it is ridged - this adds strength to the body) were filled with about an inch of sand. Really odd. At first I thought maybe this van had spent time at the beach (I am in California) but now I think that maybe the sand was there on purpose - sand is very heavy, and it might have been intended to make the van ride more smoothly. Or maybe to help disguise some other problem.
Although it was a bit more than I wanted to pay, I made an offer. The salesman turned me down cold, wouldn't take a penny off the price. I still wanted it - badly - so when I got home I emailed the manager with my offer. Nothing doing. It was tough - I was in love - but I decided to look elsewhere.
About this time the call came in for the new van. The price quoted to me on the phone was quite a bit less than I knew the price of new vans to be (homework in these things is very important) so I went down to take a look. When I drove it the van seemed a bit "bouncy" as though there might be something wrong with the shock absorbers (dopey me - it's a cargo van - so of course, empty, it will be bouncy - once I did the conversion - which added weight - the van rides like a dream).
But, despite the bouncy-ness the price was what I was pretty sure I would not be able to easily find elsewhere, so I dickered and got the price down even further. The van was mine (the expression on the face of the salesman was pretty funny - he finally asked my why someone like me (little old lady - although he didn't use those words) would want a cargo van.
Anyway, the price of this brand-new van, out-the-door, turned out to be only $6,000 more than the 10-year-old "sander" that I almost bought.
And that's not all.
When financing a used vehicle, the interest rate is always more than the interest rate in financing a new vehicle. This is because with a used vehicle you are getting a loan from a bank, which almost always entails a higher interest rate. With a new vehicle you are might be going through the manufacturer's bank, i.e. "GMAC Financing" (or somesuch), so the interest rate can be significantly less. Which means that the interest chunk on your monthly payment is less, so that the loan principal comes down quicker.
Additionally, the loan with a new vehicle can often be stretched out over more years than for a used vehicle. More years means lower monthly payment. What I like to do, and what I did with my van, is finance it over as many years as possible, because of the lower payment factor. Why? Because, if something "happens" I can hopefully still afford to make the lower monthly payments.
But what I did in actuality, is get a longer loan (the loan for my van was for seven years), with a lower interest rate (because it was new), which made the payments relatively low - and then I made larger payments each month that I could - keep in mind, that anything over the regular payment goes against the loan principal. I recently paid off the van in 4 years, rather than in 7 years. But it was nice to have the longer loan, with lower payments, "just in case".
So, if you figure all this in together: new vs. used, interest rate new vs. used, payments on new vs. used, condition of the vehicle new (known) vs. used (unknown). . . and the $6,000 difference in price between the new van that I purchased and the 10-year-old-van-with-mystery-noises that I almost purchased - gets to be even closer.
Although I am not a math whiz - I always run my numbers before I go shopping for a Big Ticket Item.
Good luck!!
Anne