How Do I Get A Caravan On Finance With Bad Credit?
If you’re interested in owning a caravan, you’ll also need to know about the financial requirements of this purchase. Please note a fully functioning second hand touring caravan will typically cost around £12,000, and £25,000 brand new.
Sometimes there will be further costs for interior renovation, furnishing and additional appliances. Making your vehicle suitable for towing a caravan, and the installment of anti-theft devices such as wheel clamps will also add to the cost. Therefore in general, you can expect to pay an extra £2,900 on top of the initial price.
Maintaining your touring caravan (servicing, power, drainage, pitch costs and insurance) will cost around £2,300 annually.
It is more costly to own a static caravan due to the luxurious advancements within a static when compared to a touring caravan.
On average, a second hand static caravan can cost around £30,000, or £45,000 brand new.
The advancements include electricals, gas and homewares. A usual fit out for a static caravan will cost around £1,200. As a static caravan can be left alone for long periods at a time, additional security is available at around £350.
Annual maintenance also costs more – typically around £5,100 per year. This also includes the ground rent for where the caravan stays.