The more you install, the more the upkeep and maintenance costs go up. Of course, that’s not the only thing. Gas, car insurance, camping, parking fees, and speeding tickets are ongoing considerations. And that’s just the driving-related expenses!
Van registration is also a costly affair. That can cost around $1,200 monthly. Think about whether or not these ongoing are affordable while you’re on the road.
What Comes After The Purchase?
Once you've made the initial purchase, you'll be surprised that there are things that you need to add, like a toilet and sink. Yup, only occasionally do vans include primary things like toiles and insulation. Generally, those are all add ons. You can also go to town on what type of flooring you want, the cabinet designed and bed frame (if at all.) alternatively, a hammock and minibar or cooler can work just as well.
If you want to go cheap, you can put around $1,000 into basic amenities. It may not be the most aesthetic thing in the world and if this is for you Insta-lifestyle, you should probably rethink it, but this is a version of van life that works for many.
Anything Is Possible
If you want to get a serious bougie van with fancy showers, designer cabinets and lighting fixtures, then these things can cost a pretty penny. Prepare to fork out anything between 20-50 thousand dollars
It's important to take into account the amount of time it takes to convert a basic van into a luxury home. It's certainly a consideration before commencing such a project. Think about time.
House Or Van?
No matter the costs and your personal range, the van is still ultimately cheaper than owning a home. In fact, for around the same money, you can build two, even three vans. The downside? A house's value increases over time, while van's value decreases. With a van though, you can always change your environment.
The van-life's social media appeal can also make for a lucrative business. Social media influencers make quite a killing over their Instagram-worthy lifestyle. You can't always do that in traditional homes. Then there is personal richness versus material richness. You pick what works for you!
You Gotta Be Frugal
If you're on the road, you're going to be spending money. Many sources claim that it's impossible to do van life for under $20,000. That number just depends on what you're willing to compromise.
Building the cheapest van possible can always work for some. You also have the option of adding as you go. It all depends on how long you plan to be away and what you want to use.