False economy Patrol sales
Posted: 25 Aug 2014 16:19
Hello Forum members.
Some research lately shows the prices of used Patrols (any 4x4 for that matter) dropping drastically if compared with 1 or 2 years ago.
We have the fuel price to thank for that. However, it is important to make a broad comparison before engaging in the drastic decision to sell your troll at this time. On the other hand, if you are buying the time is right to be very aggressive w.r.t. the offer price.
The lower cost of GU's now, will have a serious effect on the costs of GQ's as well.
A complete cost comparison is required:
- Fuel cost
- Runnig costs other than fuel:
Servicing
Insurance
Tyres
Take all these factors (including the capital outlay and interest of such) for your transition into account and you will find the recovery period is sometimes up to 4 years. Obviously a function of how much you use the Patrol.
Fully comprehensive insurance on my '94 GQ rammelkas is R114 p.m., vs a Hilux DC of >R800 p.m. in my particular situation.
The availability of some specific part at Nissan and the waiting times for these, is also a benefit, for you are at least protected a few weeks of the year from burning costly fuel :)
Limiting the use of the Patrol due to the fuel costs, bring along another false economy in the sense that a lot of usefull capital is parked in your garage for very little use through the year.
Good record keeping of expenses and some thorough thought is required for this calculation, but it is not as simple as fuel consumption vehicle 1 vs fuel consumption vehicle 2. If you do travel lots of miles annually (30 000km and upwards) the maths becomes hard to ignore. Then you need to apply whooly logic (same as fuzzy logic, just not as precise!) and bring the "passion" and "Patrol-satisfaction" variables into account.
All I'm trying to say: Make a comprehensive calculation of all factors prior to making the decision.
Lastly, does anybody have an idea what was the effect from the rise in fuel cost on other brands, as one would asume there is more stock that went to market?
Regards
Some research lately shows the prices of used Patrols (any 4x4 for that matter) dropping drastically if compared with 1 or 2 years ago.
We have the fuel price to thank for that. However, it is important to make a broad comparison before engaging in the drastic decision to sell your troll at this time. On the other hand, if you are buying the time is right to be very aggressive w.r.t. the offer price.
The lower cost of GU's now, will have a serious effect on the costs of GQ's as well.
A complete cost comparison is required:
- Fuel cost
- Runnig costs other than fuel:
Servicing
Insurance
Tyres
Take all these factors (including the capital outlay and interest of such) for your transition into account and you will find the recovery period is sometimes up to 4 years. Obviously a function of how much you use the Patrol.
Fully comprehensive insurance on my '94 GQ rammelkas is R114 p.m., vs a Hilux DC of >R800 p.m. in my particular situation.
The availability of some specific part at Nissan and the waiting times for these, is also a benefit, for you are at least protected a few weeks of the year from burning costly fuel :)
Limiting the use of the Patrol due to the fuel costs, bring along another false economy in the sense that a lot of usefull capital is parked in your garage for very little use through the year.
Good record keeping of expenses and some thorough thought is required for this calculation, but it is not as simple as fuel consumption vehicle 1 vs fuel consumption vehicle 2. If you do travel lots of miles annually (30 000km and upwards) the maths becomes hard to ignore. Then you need to apply whooly logic (same as fuzzy logic, just not as precise!) and bring the "passion" and "Patrol-satisfaction" variables into account.
All I'm trying to say: Make a comprehensive calculation of all factors prior to making the decision.
Lastly, does anybody have an idea what was the effect from the rise in fuel cost on other brands, as one would asume there is more stock that went to market?
Regards