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Living in a Van

blog.priceonomics.com

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Re: Living in a Van

#3
> Actually, you’d break even much sooner because your camper van is an asset. If you bought a used camper van from the 1980s, it’s unlikely to lose much more value under your watch. If you fix it up, it may even have appreciated in value when you look to sell it. If you resell it for anywhere near what you paid for it, you break even in just a couple of months. If you found a great deal on a van, you’d break even sooner. If you drove it around a lot and had high fuel costs, you might not.

Random, slightly OT thought: I never thought about buying used vehicles from this perspective. I've always thought of an auto as purely a liability.

Re: Living in a Van

#5
I just finished living the van life while running a company for two months. My goal was to wake up with a new view (and sunrise if I was ambitious) every morning and there are some fantastic ones in the SF Bay Area. (Little secret: the parking lot next to Chrissy Field is wide open and gets epic sunrises over Alcatraz.) It becomes naturally easy to go for a morning swim or hike before work. At least in San Francisco, there are a lot of people living out of RVs and vans and you start to follow their lead and find the good places to park. I bought a cargo van from an electrician and built a full size bed that converts into a seat and some shelves for my stuff. Coincidentally, I just put my van up for sale on craigslist yesterday, so if anyone wants to carry the torch, hit me up!

http://sfbay.craigslist.org/sfc/cto/3316494260.html

Re: Living in a Van

#6
If you think you can handle some sweaty palms, Alex Honnold, one of the best free solo climbers in the world, lives in his van so he can easily get from park to park and seems to absolutely thrive off the lifestyle -- http://www.youtube.com/watch?v=SR1jwwagtaQ

There is something that appeals to my personality to live out of a van and just move on a whim but I don't think I would ever have the guts to go for it.

Re: Living in a Van

#7

> Actually, you’d break even much sooner because your camper van is an asset. If you bought a used camper van from the 1980s, it’s unlikely to lose much more value under your watch. If you fix it up, it may even have appreciated in value when you look to sell it. If you resell it for anywhere near what you paid for it, you break even in just a couple of months. If you found a great deal on a van, you’d break even soo…

When talking with a lamborghini dealer, I was informed that some exceptionally rich people will purchase one of those, keep it for 3 years, and then sell it back at a profit because they depreciate so slowly. I thought this was interesting.

Re: Living in a Van

#8
My favorite "living in a van" story is http://www.hobostripper.com/

(I wonder how much worse a van is than a military trailer. Those range from 40x12 with private bathroom and nice furnishings down to 10x8 with a roommate and no bathroom. It's probably a lot easier due to everyone else around you doing exactly the same thing, and there being portapotties, shower trailers, etc. freely available.)

I lived in a car for a month or so around the Bay Area (mostly because it was easier than finding an apartment); I'd do a hotel once or twice a week (and stay from 6am one day to 4pm the next day), and a 24h fitness membership (showers, etc. nationally) is $10-12.50/mo through Costco. I really wouldn't recommend car living, though.

Re: Living in a Van

#10

> Actually, you’d break even much sooner because your camper van is an asset. If you bought a used camper van from the 1980s, it’s unlikely to lose much more value under your watch. If you fix it up, it may even have appreciated in value when you look to sell it. If you resell it for anywhere near what you paid for it, you break even in just a couple of months. If you found a great deal on a van, you’d break even soo…

Used cars depreciate very slowly on average (if something expensive breaks you are SOL though).

New cars lose a lot of value the moment you buy them, and then start to follow the used-car curve.

Everyday cars with a reputation for reliability lose their value very slowly. Luxury cars lose their value very quickly at first, but then slow down a lot.

Buying and selling to/from private parties saves a lot of money, but adds a lot of hassle.

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