A vehicle is going to depreciate the same whether you pay cash or finance it.
Is the van in addition to a fullsize truck or is this meant to be an alternative to the RAM / Ford 3/4 - 1 ton you are looking at purchasing?
That was the single greatest factor in my decision to go with an older long wheelbase duramax powered van; I love the new 3.5EB transit,but, I can't get around to believing that after you add all the weight of a camper/expedition build-out, load it with provisions, then strap another 7500lbs to the bumper that anything good would happen..it would never be a tow rig replacement.
True, but some depreciate a lot more and lot more quickly than others.
Not to derail this thread, but financing a depreciating asset, especially one thats going to drop 20k in the first year has no up sides. You are paying interest on that money, but also on a asset thats worth much less after a short period. There is zero advantage to financing, with the exception of zero interest periods, where you can invest that money for a return elsewhere.
Assuming 4.2% interest and a 68 month term with 5,000 down on a 60k purchase, you will pay about 69,288$ in payments total, about 7,400$ in interest alone. If you decide to sell at 6 years in, the vehicle will have around 70k miles on average. Value will be half or less than new. So you are looking at 39,000$ in total cost outlay. Thats 55 cents per mile, or 6500 a year.
On the transit front, the drivetrain shares many components with the F150, while it would handle quite a bit differently at 14,000 gross combined, I think it would likely be acceptable. If anything the more rearward weight distribution would make it handle better than a F150.
Words to live by...it's cash...or I don't own it.
Apart from wear and tear they generally don't miss a beat (sorry about the pun) and are pretty solid.
Sprinters in the US have a history of diesel emissions problems that develop when they get somewhere around 100k miles, or less... expensive to fix and then they keep recurring. https://www.linkedin.com/pulse/fatal-flaw-mercedes-benz-sprinters-tom-robertsonForum Member Ruff answered it thusly:
Back on topic though:This was posted earlier today on another Merc Sprinter thread and may be useful:
Projectblue said:”
Sprinters in the US have a history of diesel emissions problems that develop when they get somewhere around 100k miles, or less... expensive to fix and then they keep recurring. https://www.linkedin.com/pulse/fatal-flaw-mercedes-benz-sprinters-tom-robertson
Diesel Emission Problems - Sprinter-Forum
Diesel Emission Problems NCV3 Talk
www.sprinter-source.com
Mercedes-Benz & Sprinter OM642 BlueTec Diesel Issues/Problems | Stephens Service Center - Sacramento's Best Mercedes-Benz Service & Repairs
Most people find this article shortly after they've gotten a major repair bill. I get a lot of calls from dealer parking lots. People are astounded at how
www.stephensservice.com
Buildyourown,
“For the Transit, 32s require seam massage”........I’m ignorant about this, what’s a “seam massage” please. (SFW version please!)