- Dec 16, 2003
- 6
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We're looking to buy our first caravan, and by necessity it will need to be fairly large because of the family, and so I'll also be needing a new car for towing! Hence the outlay is going to be fairly serious. But being newbies, I've got an eye on resale values in case a year or two in, we decide caravanning is not for us.
I can see the obvious advantages of a new caravan, but looking through the sales adverts, depreciation seems to be quite high (similar to cars, in fact). Therefore it would seem to make a lot of sense to buy 3-years old when the caravan is still relatively fresh, but the worst of the depreciation has taken it's toll.
Any comments? Have I got the wrong end of the stick? Do some brands depreciate more than others? Are there other costs of ownership for older caravans which offset the depreciation of a new one?
And finally, if you think my plan is sensible, any recommendations for 6-berth caravans that would have been new in 2001 or 2002?
I can see the obvious advantages of a new caravan, but looking through the sales adverts, depreciation seems to be quite high (similar to cars, in fact). Therefore it would seem to make a lot of sense to buy 3-years old when the caravan is still relatively fresh, but the worst of the depreciation has taken it's toll.
Any comments? Have I got the wrong end of the stick? Do some brands depreciate more than others? Are there other costs of ownership for older caravans which offset the depreciation of a new one?
And finally, if you think my plan is sensible, any recommendations for 6-berth caravans that would have been new in 2001 or 2002?