Date: Wed, 7 Nov 2001 21:50:10 -0800
Reply-To: Myron Lind <mdlind@RICA.NET>
Sender: Vanagon Mailing List <vanagon@gerry.vanagon.com>
From: Myron Lind <mdlind@RICA.NET>
Subject: Re: How much longer?
Make sure you understand the difference in depreciating a new
vehicle vs. writing off repairs to the Vanagon. I am not an
accountant, but I believe "repairs" are a direct write-off, as
opposed to depreciation which you must claim over 5 or 7 years,
and then "pay back the difference" when you dispose of it. (This
assume your business owns or buys the Vanagon). Also, do you want
to incur the possible interest, extra insurance, etc of the new
vehicle? Actually I was in the same situation about a month ago. I
was going to buy a EV, even bough the Bentley to check it all out.
I found a Westy that was just too clean to pass up and
accidentally ended up bring it home. I am hoping to TD conversion,
similar in cost to the Tiico, and in the end will have a lot less
money tied up, more economical vehicle, and something I am vastly
more familiar with. That is where I preferred to end up, although
I think both ideas are worth considering. I'll sell you the
Bentley if you want!!
Myron Lind
81 Westy
----- Original Message -----
From: andrewbell <andrewbell@QWEST.NET>
To: <vanagon@GERRY.VANAGON.COM>
Sent: Wednesday, November 07, 2001 5:12 PM
Subject: How much longer?
> I hope this isn't too long. Please read and respond if you have
the
> time.
>
> I've been wrestling with the concept of selling and replacing my
> Vanagon. I know, what the hell I I thinking? I'm thinking about
two
> points:
>
> 1. My '83.5 Van is aging. It is not nickel and diming me, but
needs more
> than periodic maintenance, that I gladly give it because I have
this
> weird bond to it. I enjoy working on this problems that arise to
achieve
> my vision of total Vanagon perfection which is a stock Van with
some
> minor updates. Pics of the Van in question are here:
> http://www.bellfamilytree.org/vw
>
> This point boils down to cash. I have about three grand invested
in the
> Van, and it has 176,000 miles on a stock 1.9. To obtain my idea
of
> Vanagon Zen, I would need a I4 conversion ($4,000), some minor
body rust
> repair ($1000) and a few interior repairs and updates ($500).
Give or
> take 10% either way for savings or nightmares. So in the end I
may have
> about $9000 into a great vehicle that can run for perhaps
another 5
> years?
>
> 2. I own a small business that could totally write off a new
vehicle for
> me, perhaps a '0? EuroVan? Yes, they cost ~$30000 for a new Van,
but
> nothing else for 10 years - theoretically.
>
> One would benefit from the dependability and performance of a
new Van
> with a V6, or whatever, not to mention the safety features of
ABS and
> airbag protection. One would also see depreciation, but also no
previous
> ownership that didn't do things right the first time.
>
> I'm not necessarily torn between the two, but am questioning
investing
> today in a Van of yesteryear. I won't say that the EuroVan idea
is super
> practical or thrifty, but neither is the maintenance of my
beloved
> Vanagon. If I did get one, I would probably have it for the next
10
> years, so I would definitely have quality time with it ... or
will VW
> bag it, too, in favor of the new Micro bus? And if so, isn't'
that a
> good five years away?
>
> You know the ins and outs of Vanagons better than anyone. More
so than
> VW, even. I'm not saying I'm going to bag the Vanagon, but I'm
> questioning my faith in being able to provide for it in a manner
that
> would benefit the vehicle and my family. Have there been any
other
> mis-musings mentioned before? Anyone out there have a EuroVan? A
new
> one? Can anyone forward this to the EuroVan list for me, or send
me
> their address?
>
> Thanks in advance -
>
> AB
>
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