Friends of ours in their early 70s hired a MH about three weeks back as a taster, they loved it. They are now the proud owners of a two berth Autotrail at £37k.
I do hope they haven't been scammed though at 37K I think its unlikely.
On Rip of Britain Series 13 ep 1 (BBC 1 9:15 Monday this week) a couple purchased a motorhome second hand from a company who hired motorhomes. The company had financed the business by offering a type of investment called a Chattel Mortgage based on the purchase of a motor home. The company use the investors money to buy a motorhome, and the Chattel Mortgage agreement has the registration numbers and VIN numbers incorporated into them so it ties them together, and the investors theoretically would own the motorhome until the company had paid off the mortgage with profits so it would seem the investment was pretty safe.
Unfortunately these chattel Mortgages don't show up in the HPI searches, and when the business started to fail, to raise money they started selling the motorhomes. The sales went through and all documents were transferred to their new owners, but they had not told, yet alone consulted their investors.
So there are a number of people who think they own a motorhome because they have all the normal documentation, and clear HPI searches etc, but there are people with a Chattel Mortgage which is specifically linked to individual motorhomes and they believe they own them.
My take is the investors with the Chattel Mortgages have lawful title to the goods as that is what the contract was designed to do, which means the company had no title to the motorhomes to sell them. This leaves the people who think they have bought them in receipt of goods sold fraudulently, and thus will be expected to hand them to the lawful owners, and sadly that does mean they have lost their money unless they can bring a case against the directors of the failed business - which unlikely as such financial transactions are at the bottom of the picking order of creditors.