Can I afford a van to live in on 9000 pounds a year?

We want to hear from you: please tell us about your experience of the online community.

John786

So when I bought my first car a long time ago it didnt cost that much it already had an MOT and road tax, I handed over 900 odd pounds,  then I got the cheapest insurance I could and didnt drive it much so fuel wasnt much. 

So from my memory it doesn't cost that much. Am I wrong? 

I wont drive it that much. 

Can you advise on what the costs will be per year? (make the decisions as if you were in my situation and you were buying a cheap van to LIVE in the back of)

(like a flat but Ill just chuck a mattress in the back)

John786

Ok mates I found a van for only 700 pounds on my first search on ebay, it has 200,000 miles on the clock and its a small van almost the size of a car.

There are other bigger vans for more money like 1000 odd

How likely is this 700 pound van going to break down in a major way financially?. 

Is it foolish to buy a van this cheap? Why? (most are thousands even tens of thousands)

The next biggest cost is the insurance correct? How much is that 200 pounds?