rich hand

Why are vans so expensive in NZ? I have noticed the vast majority are Totyota Hiace and that some main dealers do not import vans eg. Renault, but I still cannot understand the lack of depreciation of vans here.

1995 Hiace are going for several thousand dollars. 2002 Transit vans are going for 15- 20k. This is 3 times the price of vans sold in the UK.

Can somone explain this to me?

Cheers
Rich

Jan n Neil

it,s beyond me mate i have seen 15 yr old 4x4,s going for 20 grand plus. Just buy as new as you can afford and keep it forever

Neil

sirplug

Vans are in great demand. Many Kiwi's are self employed, so a van is a necessity. Also, many people use them for backpacker camper vans and then there's the fact that new vans are also very expensive. If the new stuff costs a lot, then so will the 2nd hand ones......

If you're looking to buy one, stick with Japanese. European cars and vans are not cheap when they go wrong. Parts are scarce and expensive....there's a plentiful supply of Jap motors for breaking and new parts are well stocked.

lapsed kiwi

Vehicles just don't appreciate much here. Probably vans even less because even fewer people care about a slightly scruffy van than a slightly scruffy car.

You could turn the question on its head and ask why vehicles depreciate so fast in UK, and why so many Brits are happy shelling out thousands per year on depreciation, just so they can have a shiny little car on their driveway. The only ones gaining from that system are the car manufacturers

sirplug

rich hand

Perphaps the problem is with the GB market and not NZ, never thought about it like that.

Good comments and it's a good job I don't like new cars.