Agree so much more than pre covid. The thing is nobody wants to drop those prices. The sites say because of electric but that has dropped a lot but prices haven't came down the same way they went up when electric went up.
Its no longer an economical way of being able to holiday, once it turns into an expensive hobby instead and a luxury holiday cost you've lost your traditional buyer base.
A caravan holiday is meant to be an economic option for families. Fuel prices and pitch prices along with crazy caravan price hikes mean it's no longer fulfilling that market. I wouldn't sink £50+K on a leaky tin box
Caravans are a total rip off to start with , spend £30k on a plastic box & then sit in a field in it or go Spain, Greece, France on holiday for years on end
@nickthegriffin I agree with you to a point,they are expensive,unfortunately I'm in the bracket I can't afford a new one,and infact just bought a secondhand one from a dealer,for me I wish caravan manufacturers would build caravans better and last longer,I have no kids and a caravan is ideal just hook it up and go,been there and done it with sitting at airports waiting for taxes and so on. Can't imagine what it's like for a family.
@@David-ws6zr it's amazing me my wife and twelve year old daughter go on holiday around six times a year Spain, Greece, turkey,France , Croatia to name a few recent visits & I would say we probably spend about £10k a year all in. Now if you devide that money the initial purchase of a caravan plus the maintenance the fuel insurance pitch ect ect how much does a caravan actually cost on a yearly basis? I'm not mocking caravans everybody likes what they like but I can't get my head around the cost of sitting in a box in a field with crap weather against experiencing other countries and coulture. I went on one UK holiday and never again it's the same weather the same food the same everything I can have at home everyday that's not a holiday
@nickthegriffin wouldn't put it as being in a box,and we do get some good weather,if your happy to go on holiday that's upto you,each to there own,I'm happy with a caravan
Too expensive to buy, nowhere to park it/store it, seaside towns are becoming sh**holes, nothing to tow them with without paying congestion charges etc…
It is a tough and expensive market. Storage prices have gone up quite a bit as well. I am lucky about congestion as not that bad in the North east only need Euro 5 at present for personal cars.
We've just sold up. We had a seasonal pitch in Dorset but fees went up to nearly £4K. So we pulled out with the intention of touring. Then when we looked at prices it was just a little bit more to use a static onsite than to take your own. But then you had to book the pool and only got an hour a time. Couldn't justify the cost of it all. Added to that the additional cost of maintaining a large diesel car to tow the van. We've had a lovely 10 day break in spain. All inclusive. Waterpark, pools entertainment etc for less than 3k. So much better value. Caravanning in the UK has gone nuts. Also, in the UK, any day out with the kids to a venue is at least £100 a DAY! Abroad is much better value, and better weather.
It’s the site prices - last time I tried to book my favourite site the prices were crazy - admittedly I only wanted 1 night in August in my campervan, but the prices quoted were crazy. I ended up in a 4 star hotel, on the sea front, with free parking, evening entertainment, an indoor swimming pool. Gym, and sauna, and free afternoon tea for £30 less than the quoted pitch on site! I thoroughly enjoyed my single en suite room and had a great time - but what a ridiculous price for a pitch! I would add I went to all the NEC camping shows since Covid and couldn’t find a single campervan under £80,000 to meet my needs (4 belted seats, sleeps 4, with wheelchair storage, and relatively short in length). I found one at the last show, but it’s £60,000 - it’s a ridiculous price for what it is.
I totally agree on the pitch fee situation. As I said in the video, I went to go and buy a caravan again but wanting 100 pounds for two nights when I supply the sleeping and most the equipment is too steep. By time you add fuel and food talking 350 for two weeks, just silly money. The campervans are insane, it's odd since camper vans were always meant to be cheap things to use to get away in. Not anymore.
Buying, storage, cleaning, insurance, water + waste, finding sites and their big prices, bigger car etc.. cheaper and far easier now to go to hotels. Then if you join a 'club' their fees are huge and the sites cost more than private sites.
@@andrewg9677 Even for a test, campsites can be expensive. Wild camping with a van, far easier in France, is cost effective.. but otherwise probably the best is a car/van that can be used for the odd emergency sleep, but to use hotels.
Paul, Mental is a wonderful description of current caravan prices, I wouldn’t dream of buying a new van at the moment. Good luck with your new venture. 👍
I got a newer caravan in 2022 and what I’ve been offered in px is shocking. Wanted to go back to haven in Tenby but for a week in your own caravan on a fully serviced pitch is over £800!!!!!Shocking!!!!
The price sites are charging for a water tap and nights electricity is making caravanning more expensive than hotels, b&b’s etc. Not to mention the cost of vans, large cars, fuel, depreciation etc. 20 year back it was an affordable way of holidaying, not any more.
nice to see someone who's on the ball.....lot's of the neto zero BS is all about making everything harder and more expensive .....all planned to keep us locked in 15 minute zones and cities
This perfect storm has been on the Horizon for quite sometime . Caravanning in general has become an expensive destination, Tiow Car, Equipment , then the pitch fees . With the market shrinking , it will have a knock on effect with the sites as £35-50 per night on average isn’t really affordable for some . The manufacturers are wholly responsible for this glutinous overpriced pastime . I’ve said it before , the first UK Manufacturing brand will have to get quality improved or go out of business. The quality doesn’t keep up with the prices .
I agree with pitch fees. I did look at buying one again but then saw it was 40/50 a night. I refuse to pay 200 quid for 4 nights when I supply the sleeping quaters. I literally get a toilet and some electric for that money. We are doing France again this year and it's only 300 more than taking car and caravan. The rest of the year however no caravan, insurance, storage etc to pay for. In theory could get rid of big tow car for something more efficent but not worht it at present.
Years ago tourers or indeed statics didn't have bathrooms, electrics or all mod cons. They were simply made to sleep 2-4 people for cheap weekend and weekly breaks. If you wanted sh#t or a shower you used the facilities on site, for me thats caravaning. My grandparents always had a static on a small farm just outside Blackpool, in the early 70s they bought a new one it could sleep 8, their was no drainage, bathroom, electrics, or water, site fees were so cheap we loved it there. So many people had tourers back then, small and basic but functional, they towed them with normal affordable family cars. We are currently looking at at buying a static, site fees are 5K a year, then you have gas, electric, water, insurance, maintenance charges. Its such a shame caravaning is no longer affordable to the working class, which is a bad thing that kids no longer get this family time outdoors away from the madness of modern life and mobile phones. Greed has ruined everything.
Yes it is a shame as even though kids had phones when we were away it was still time out as a family. We don't do that as much but do try to spend time together where possible. Kept hoping to get a motorhome but prices are still mega high.
I like a camping trip or two in the summer with my kids and we're exclusively doing UK holidays until all our kids can swim. However, once the kids can swim all bets are off and we'll be spending half as much money to go on twice as many foreign holidays! The price of UK breaks, even caravans and tents, is astonishing. I can't wait to get cheaper, longer, better holidays abroad in a couple of years. Until then, its shabby rip-off holiday parks sadly😂 The camping can stay though.
Very well put together, as you said camping & caravanning used be a cheap holiday. It’s now cheaper to go abroad. We were going to go camping a few weekends ago & some sites were wanting as much as £250 per pitch for a 3 night weekend break. Disgusting
I know I hear far too many horror stories. We had a brand new Adria in 2018 had nothing but bother and leaks. The Bailey we just got rid of the back corners were all starting to get soft. We were told that since inside readings were fine nothing they could do.
We and friends have sold our caravans. Renting an Airbnb a few times a year as we would use the van. Turns out to not that much more expensive if at all. Even when using an all ready paid for older caravan. Storage costs, fuel prices, car insurance costs for a decent towing car. site fees, all gone up like crazy. Basicaly to many high fixed costs. While renting a. House the variable costs are much higher, there are no fixed ones. So for light use it wins out.
Instead of a caravan, I bought a campervan/motorhome which I also use as my van because it has a garage and it's also my daily too. It's a 3 in 1 for me. I wouldn't use a caravan enough I don't think.
Yes I think the Lusso was over 50K but then coachman were taken over by Kabe who are used to scandanavian prices. It is absolutly made for a box with wheels and some GRP and cheap wood.
As you paid for your house 30 years ago you must have tons of equity. Remortgage and buy a £80,000 brand new motorhome. They tend to resell at a decent price unlike caravans and cars.
Hotel costs have gone up significantly too. Holidaying in the UK is gettimg so expensive it'll not be worth it, particularly given the dreadful weather.
Yes holidaying in the UK is mad given the weather. I love the UK but refuse to. 1) The price is normally more to holiday here than let say France or Spain 2) The weather is too poor for summer holidays.
Having just used the Autotrader price tracker, dealer listing there are not reducing their prices, or only by 2 to 5%. Check modern JLR prices and EV values. Now they really are falling like a stone!
bought our swift mhome in 2019 with 3k mile - sold it last year after 4 years and 9.5k miles for £10 K more vs. what we paid for it. No regrets and no plans to buy another.
I think we will see this in Australia very soon for similar reasons. Over priced, poor quality with a glut of manufacturers flloding the market. Outrageous site charges being driven by the homeless crisis driving people into the parks. A sad state of affairs for a supposedly 1st world country.
This is similar to the pedal bike industry. New models released every year, pushed onto bike shops/dealers and the market isn't large enough to support continuous new bikes every year at high prices.
@@RollingwithTheRobsons - Basically many bike retailers have gone, or are going bankrupt. The two big European online retailers, Wiggle and Chain Reaction Cycles went Bankrupt in February and many more are following. Not just impacting the UK - it's world wide issues. As you said in this video for caravans - During Covid many people bought bikes, but now very few people are buying them, yet the bike makers are still pushing new models at £10k+ each. I bought two new e-bikes in April for about 40% off, as Sigma-Sport had to shift stock to pay off bills.
@@SDK2006b Thanks for that info as that is really interesting. Normally prices drop and some caravan prices have. What hasn't is the Eurotunnel and Ferry prices plus campsites in the UK. They still want COVID money but the COVID demand is no longer there.
What it means is the dealers assumed by linking caravan and motorhome prices with house prices there was more value in their products than it was able to support, result, they priced themselves out of the market and are going bust as a result believing their own hype. The prices for these tin boxes on wheels are scandalous, Motorhome prices are just ridiculous. people are simply walking away from the industry and buying static mobile homes instead or just renting one, worse still many have simply dropped the idea of owning at all.
We are still hoping on the motorhome front prices are dropping a bit but people are still buying them. Imagine buying 2008 car for 26K still these days. Be lucky if you got 1K for it.
No you deff wouldn't I would be terrified to spend £35.000 on these rot boxes has I've said if you bought one that's 4yrs old with your hard earned savings as I once did with a Elddis Xplore the rear panels were cracking only to be told by the dealer and the manufacturer ie Elddis sorry sir we don't cover panels after a year.your helpless with a massive repair bill .
A comment I have seen several times is ,The price of camp sites is too expensive . It used to be a good alternative to foreign vacations with large family's . But now its becoming cheaper to book a cheap vacation in say Spain The initial cost of the caravan . the tug car . the camp site fees . ? All adds up and makes it non cost effective
It's OK having manufacturer targets, but, those Caravans have to find their way to the consumer or everything 'backs up'. Cost of living crisis, people have less spare money and they hold off on the upgrade to a new caravan, bingo, dealers get squeezed, cash flow becomes reality and pop they go
Yes that is exactly what is happening. They might slow a bit but they won't want to slow too much. The issue for manufacturers comes if dealers just say no to vans but depends on their contracts.
I was looking at a Motorhome recently, ironically we looked at one in 2016 and it was £24k nearly new, the exact same van second hand in 2022 was £40k from the same dealer....I hope these business's burn and fold for their greed. We have a nice MH (older one) but the like you said the site fee's are killing our interest, back in 2017 we used to use a site in Rutland Water for a weekend break, was £9 or £11 per night back then, that's doubled now.....that's with ZERO facilities !
Yes it is a great deal of money. That is mad that it doubled even though it's older. I always think if you bought a 2008 car would you pay 25K for it? Of course not. I get it's than a car but often as a much poorer cab in terms of extras than a car.
I’ve owned a few new vans and all been shit build quality. Now got a VW Transporter camper which I paid to much for , bought with the heart ❤️ not the head but it’s something I’m in to do I have to live with it . I’ll loose thousands on it if I sold , so I’ll keep it and use it with my mountain bikes 😂
The cost of the van, the tow car, the ridiculously high site prices and add ons. The draconian site rules. Couple that with the fact that campsites are not the same fun as they used to be, caravan and camping holidays are not attracting families anymore due to all of the above reasons, camp sites used to be a big family group, were everyone pitched in, we used to help each other get set up, camaraderie is gone now. Families would get away for a cheap break, not cheap anymore. Cheaper to go abroad now. Dealers and campsites need to take a long hard look at themselves. And when you say £40 a night it's £40 for the pitch then £11 for your awning £5 per person per night over two, £3 per night if you have a dog with you. And some are charging extra for electricity on top of these costs.
Yes it's those extra charges that really kill sites. Used to drive me around the bend. Maybe charge an extra such as 1 pound but the 8 to 10 a night per person etc. Then the same with the awning. Most sites do nothing with the pitches in between don't even come and clean them.
It's just that cars arent' cheap but with fuel prices the bigger cars like my Sorento are generally quite expensive to run compared to newer cars as well. The issue is newer cars are too light so struggle with stability for towing.
Hi, intersting video. Just wondering why do unsold manufacturer supplied caravans go back to the manufacturer if one of "their" dealerships go bust ....dont they belong then to the banks who leaned the money for them to that dealer to buy them from the manufacturer?
It normally is the case but apparently the manufacturers and the banks have a deal. It says they go back to manufacturer and I suppose they get their money back. That couple criple manufacturers though if that is the case. I wouldn't like to be Lloyds at the moment as very exposed to this.
If the dealer hasn't yet actually paid (likely due to paying on extended credit agreement) - then the manufacturer would have 'retention of title' as long as they can prove the specific units that have not been paid for.
Anyone my age (44) and younger hasn't been able to tow a caraven without an expensive test until recently. The older generation has propped up the market for the last 15 years whilst working younger people have become poorer and now that we could tow a caravan, we're too broke to afford sucha a thing. The market has reached a cliff edge. Cars are next, then houses.
Yes I’m 43 today and had to pay 700 to do b and e then they have it. Cars I can see a bit. It’s finance making it more accessible with personal hire finance. Houses maybe but supply and demand still works in house prices favour here.
@@RollingwithTheRobsons I think it's the gradually reducing salaries that will define a new resting place for all consumption markets. If people literally don't have the money, then they can't rent the house or PCP the car. There's only so much housing benefit to go around.
@@charlesbridgford254 yep as I said teacher until January. Ten years of next to no rises but everything else has gone up. More bankruptcies will start them thinking. Cars are struggling and coming down.
@@RollingwithTheRobsons Sad to say, bit so many teachers I know are leaving the profession, both experienced and recently qualified. The theme is consistently 'The pay is just too poor'.
@@charlesbridgford254 Are you having a laugh Teachers pay is poor I live well on 29k a year plus subsidizing 4 grandchildren, today ALL the younger generations under 50 cannot budget, they must have Generations, up to their eyes in debt when the times are good, when recession comes and interest rates rocket they are in trouble, absolute crazy people no savings living from month to month not thinking of tomorrow. Massive redundancies are on the way in all industry within the Private Sector with very few opportunities for school leavers. I have lived through these poor recession times twice before in my 62 years, Its going to get a whole lot worse before it gets better, the wealth of the UK State will drop significantly, especially with mass illegal and legal migration to pay for and under A labour Government. Oil and Gas in the North Sea Taxation has sustained the UK Public services since the 1970's Labour granting no more Oil and Gas licenses will bankrupt Britain. Caravan and Motorhome dealers are always one of the first to be hit as with other leisure industries, next comes the smaller car sales Garages, especially when this lousy Government attack fossil fuel car ownership in the name of Climate Change, EV's are not practical for Towing Caravans anyone who says they are should go boil their heads. Rant Over
Greedy Dealers end of story, same as the static caravan parks totally corrupt, get your money then not intrested if there are problems with your purchase ,stay away until the prices come down to a more realistic fair price .
That is proably true for some dealers. Alots of dealers are just using similar margins but obviously what they are paying has gone up so they passing it on. It's the manufacturers who build poor vans but they are heavily protected by law. The dealers have to try and fix the issues but often the warranty rate is below what they need to pay to get these things fixed.
Vans even though very well made and very comfortable they are also extremely expensive not only that the sites that you need to place them are also extremely expensive.
Your wrong about banks. Car loans make up 10% of a banks loan book typically with the majority being mortgage debt. The reserves they hold are significantly larger than 2008 as well.
Site fees too high , can stay in a b and b cheaper per night if you require servicing can’t do it for several weeks, so people stay with their old vans waiting for every thing to drop in price.
Broad Lane only had 2 sites and they sold one a few months ago so only Alcester put itself into administration. Spinney own and running the Leek Wootton site that was.
Motorcycles... Hear me out. After the war motorcycles were very popular. The father needed transport to get to work and if he had a side car the vehicle could transport him and his family on days out. In 1965 our neighbour used to take his family off for a two week tour of France every summer, with camping gear, on his BSA Combination. These days a motorcycle is a luxury item. Fast track to 40 or 30 years ago. A small caravan would have done the same job. Making a holiday hotel for the family for a fortnight at the seaside or touring. Fast track to today. Vans are very expensive to buy, fuel prices are crippling and when you get there pitch fees are are often more expensive than a family room in a hotel and when costs are totted up its simply cheaper to buy a package all inclusive to spain. Caravans are only for the well healed today, the dynamic has changed and there are too many manufacturers and dealers for the shrinking market. Its simply supply and demand.
What are your thoughts on the static caravan market? I’ve had a dealership contact me multiple times about upgrading to a new van (mines a 2018). I didn’t think there was much stock in the 4-8 year range as people were keeping hold of them.
May b they should stop cattering to people with loads of money and get back to were caravaning started. Bugit holidays for family's and any one wonting a cheap budgit holiday. The dealers have all lost the plot the farmers have lost the plot because some of the sights are also expensive now . Just like everything else all about the money 💰
Cheap credit was always the problem.No it’s pay back time.Most have borrowed to the hilt for a decade at super cheat interest rates which are now expiring.
Great video - I think a large perecentage of caravans sold in this country are made here in UK. I do hope the new government subsidises makers here until thing stabilise. Always money for war, bankers and their cronies. Jobs must be saved at all costs. I suspect someone will know about the number of manufacturing jobs at stake. I bet other countries will give subsidies.
I haven't heard that but having to shut some sites down. I have never used them even though I was a member as the prices were always mad. Why would you pay 50 a night for a space on some gravel or grass plus toilets? Sometimes 60/70 in other countries get loads for that. Rip off Britiain and it's starting to bite these companies.
21 days before you go no cancellations after that…£5 to book ? yeah right ….people dont like getting stitched up like that….droves will keep away from these over the barrel conditions…maybe the management want to earn as much as British Gas ?..£8M last year for the CEO…
The Touring Caravan has lost direction. Back in the 60s they were a simple construction and firms like Caravan International had a boom time allowing the public to buy their Sprites for a little over two hundred pounds using a standard family car. The demand by the public over the years to add on more refinements has led to obese overweight caravans towable by huge SUVs etc, and unfortunately the manufacturers engineering capabilities has not been able to contain the constant problem ok leaking. Who is at fault? The public or the Dealers for bringing us to this pending demise? Or is it greed by all parties including site owners?
When I first start caravanning you could pick up new Adria 15k(Still alot of money). Post covid nearly 30K. I don't doubt things have gone up but not double the price. I think it's all linked in together.
The whole market is breaking down everywhere so called Electric variables in the future. Also fule costs are ridiculous costs of insurance tax. Government is planning road charging??????
It’s not just the RV sector that is suffering though. Ryan Air’s profits are down 46% due to oversupply. No one wants to buy an EV whatever the price either. I’m a semi pro musician and gear I could sell easily last year is sticking around on EBay now. it all comes down to an economic slowdown caused by higher interest rates and high inflation over recent years. The cost of caravans will not fall so buying new now may actually be sensible if you have the cash and can get one of those great deals available. but what will fall is the cost of financing them when interest rates start to fall back. This is not the first time the industry has had problems and it won’t be the last either.
The middle class don't want them anymore it's moving back to the poor man's holiday caravan value has come back to near normal but the site fees are to high for a cheap holiday it once was.
The retiree boomers are the caravan trades market. Younger buyers simply don’t have the cash, and won’t take on more debt to buy a depreciating liability, for an experience that looses its appeal after a while, especially if your new to touring, and haven’t spent much time holidaying in caravans, and fed up of wet camping holidays.
Honestly, there are so many better ways to spend your holiday money that don’t need a huge upfront payment. You could even invest the money you'd use for a new caravan and enjoy a free holiday every year just from the interest. The market is also shrinking because younger adults are finding van life to be a cooler and more modern alternative. I think we’re going to see this trend in a lot of UK industries-they're too focused on their profits and not enough on actually providing value to their customers.
That is what I was saying in the video. Take that 30K and invest it in a 5% and you are getting double in a way as getting interest but not also paying out each month.
@@RollingwithTheRobsons when you rent a hotel room….the bathroom usually passes muster….but on a touring site…it may never get a deep clean all season..they like to take the big money….but they shy away from giving value.. They’ll go the same way as the caravan dealers soon if they dont start giving value for money..i think the caravan dealers in receivership are already pointing their fingers in the direction of the field..they’ve all been messing with the golden egg… People will mostly go CL soon with this level of tampering..
Rip off site fees, just greed ruining what used to be affordable holidays, can't even find a cheap camp site mostly glamp sites now, and they can shove them, pitch should be £4 a night with metered electric.
@@RollingwithTheRobsons just goes to show how much of a rip off it is, in my flat £10 of electric lasts 4 days, and as I said £4 a day for pitch plus your metered electric, if you want it, I remember when all the forestry commission's camp sites where all privatised and site fees tripled overnight, it's greed .
10% Apr on £50000 isnt £5000 a year interest, that would be 10% flat rate. Used to be 6 or 6.5% flat rate when I started in early 00s which is 13-14% Apr , way cheaper now
Just get a loan or buy it on a credit card. Nothing is out of reach with tge availability of almost unlimited debt facilities these days! I have everything I want!! It would take me hundreds of years to repay it all if I ever had to!! 😂
Businesses close due to a lack of cash flow not a lack of profit. So a £million profit has little bearing on their ability to pay their creditors…so they are sadly insolvent. The car industry have already gone through this in the last six months of 2023 and the market has returned to normality.
Yeah we will see. The difference is people normally need car as more of a necessity they don't need a caravan or motorhome. So might just sit there but the issue are caravans are year based unlike cars until they are registered.
Too expensive rip off greedy campsites jumping on the bandwagon just like landlords and everyone else charging for extra people a gazebo extra car then the dog it’s greed , for what you pay to camp you can get self catering apartments in Spain and cheap flights with this you will have a pool and guaranteed weather rather than pissing down grass everywhere and let’s not forget camping is a working holiday you never stop washing up cooking trying to keep kids entertained oh and some charge for WiFi so yeah I gave it up due to the rising costs off camping 👍
Caravan holidays have become too expensive, fuel, site prices and new caravan prices
Agree so much more than pre covid. The thing is nobody wants to drop those prices. The sites say because of electric but that has dropped a lot but prices haven't came down the same way they went up when electric went up.
@@RollingwithTheRobsons prices will never come down for anything. 😞
Their greed as caught up with them. It's simple as that .
Possibly but they are getting high prices from the suppliers of all the parts as well so it's a hard place to be.
How were they greedy? the prices of raw materials went to the Moon over Covid.
They saturated the market. This had to happen .
Its no longer an economical way of being able to holiday, once it turns into an expensive hobby instead and a luxury holiday cost you've lost your traditional buyer base.
I agree. Caravanning used to always be a cheap holiday for families but now it's not it's only for people with money.
Parking a van near Kinder Scout 1 person, no electric £23 per night. Bonkers
@@djka8083 mad
A caravan holiday is meant to be an economic option for families. Fuel prices and pitch prices along with crazy caravan price hikes mean it's no longer fulfilling that market. I wouldn't sink £50+K on a leaky tin box
I agree it is meant to be a good deal for families and pre pandemic I thought it was. Post pandemic it's a bit luxury.
Its easy no one can afford new caravans,simple!
They are still selling some of gems just nowhere near enough to keep dealers in business. I bought 2018 adria 15k same style van now nearly 30k
Caravans are a total rip off to start with , spend £30k on a plastic box & then sit in a field in it or go Spain, Greece, France on holiday for years on end
@nickthegriffin I agree with you to a point,they are expensive,unfortunately I'm in the bracket I can't afford a new one,and infact just bought a secondhand one from a dealer,for me I wish caravan manufacturers would build caravans better and last longer,I have no kids and a caravan is ideal just hook it up and go,been there and done it with sitting at airports waiting for taxes and so on.
Can't imagine what it's like for a family.
@@David-ws6zr it's amazing me my wife and twelve year old daughter go on holiday around six times a year Spain, Greece, turkey,France , Croatia to name a few recent visits & I would say we probably spend about £10k a year all in.
Now if you devide that money the initial purchase of a caravan plus the maintenance the fuel insurance pitch ect ect how much does a caravan actually cost on a yearly basis?
I'm not mocking caravans everybody likes what they like but I can't get my head around the cost of sitting in a box in a field with crap weather against experiencing other countries and coulture.
I went on one UK holiday and never again it's the same weather the same food the same everything I can have at home everyday that's not a holiday
@nickthegriffin wouldn't put it as being in a box,and we do get some good weather,if your happy to go on holiday that's upto you,each to there own,I'm happy with a caravan
Too expensive to buy, nowhere to park it/store it, seaside towns are becoming sh**holes, nothing to tow them with without paying congestion charges etc…
It is a tough and expensive market. Storage prices have gone up quite a bit as well. I am lucky about congestion as not that bad in the North east only need Euro 5 at present for personal cars.
Don't forget to mention the shi* weather.
@@stevenhull5025 that's why you need a caravan that doesn't leak 😂😂
We've just sold up. We had a seasonal pitch in Dorset but fees went up to nearly £4K. So we pulled out with the intention of touring. Then when we looked at prices it was just a little bit more to use a static onsite than to take your own. But then you had to book the pool and only got an hour a time. Couldn't justify the cost of it all. Added to that the additional cost of maintaining a large diesel car to tow the van. We've had a lovely 10 day break in spain. All inclusive. Waterpark, pools entertainment etc for less than 3k. So much better value. Caravanning in the UK has gone nuts. Also, in the UK, any day out with the kids to a venue is at least £100 a DAY! Abroad is much better value, and better weather.
It’s the site prices - last time I tried to book my favourite site the prices were crazy - admittedly I only wanted 1 night in August in my campervan, but the prices quoted were crazy. I ended up in a 4 star hotel, on the sea front, with free parking, evening entertainment, an indoor swimming pool. Gym, and sauna, and free afternoon tea for £30 less than the quoted pitch on site! I thoroughly enjoyed my single en suite room and had a great time - but what a ridiculous price for a pitch!
I would add I went to all the NEC camping shows since Covid and couldn’t find a single campervan under £80,000 to meet my needs (4 belted seats, sleeps 4, with wheelchair storage, and relatively short in length). I found one at the last show, but it’s £60,000 - it’s a ridiculous price for what it is.
I totally agree on the pitch fee situation. As I said in the video, I went to go and buy a caravan again but wanting 100 pounds for two nights when I supply the sleeping and most the equipment is too steep. By time you add fuel and food talking 350 for two weeks, just silly money. The campervans are insane, it's odd since camper vans were always meant to be cheap things to use to get away in. Not anymore.
Buying, storage, cleaning, insurance, water + waste, finding sites and their big prices, bigger car etc.. cheaper and far easier now to go to hotels. Then if you join a 'club' their fees are huge and the sites cost more than private sites.
I've never had a caravan but came close to buying a motorhome before the pandemic. Camping only makes financial sense if you use a tent.
@@andrewg9677 Even for a test, campsites can be expensive.
Wild camping with a van, far easier in France, is cost effective.. but otherwise probably the best is a car/van that can be used for the odd emergency sleep, but to use hotels.
People just don't have the money this day and age. The general public get fleeced on everything they buy.
Tax on top of tax.....with vat thrown in....!!!
Furlough money has its consequences. I wonder how many bought with that 'free' money are now complaining they are 'selling at a loss'?
When a caravan costs more than a flat, thats a problem, many of them cost more than my 2 bed flat
They are a great deal of money that is for sure.
Where do you live?? Burnley???
@@RollingwithTheRobsonsfriend bought a caravan for £17k and goes on lots of fun holidays in it
Jaywick.
@@doriangray6985 saw a camper that was for sale for £137k the other day. Didn't even look particularly special from the outside.
Paul, Mental is a wonderful description of current caravan prices, I wouldn’t dream of buying a new van at the moment. Good luck with your new venture. 👍
Yes so true Colin. Local dealer selling 2024 van 32k they have just taken 7k off the price. Madness.
Absolutely bang on....good talk.
I got a newer caravan in 2022 and what I’ve been offered in px is shocking. Wanted to go back to haven in Tenby but for a week in your own caravan on a fully serviced pitch is over £800!!!!!Shocking!!!!
That does sound about true mad money.
The price sites are charging for a water tap and nights electricity is making caravanning more expensive than hotels, b&b’s etc. Not to mention the cost of vans, large cars, fuel, depreciation etc. 20 year back it was an affordable way of holidaying, not any more.
Totally agree.
It means they don’t wan’t you moving around the country and living elsewhere when the sh1t hits the fan due to net zero.
nice to see someone who's on the ball.....lot's of the neto zero BS is all about making everything harder and more expensive .....all planned to keep us locked in 15 minute zones and cities
your forgetting net zero is a hoax Greta Thumberg your having a laugh
youve hit the nail on the head there my thoughts entirely spot on
This perfect storm has been on the Horizon for quite sometime . Caravanning in general has become an expensive destination, Tiow Car, Equipment , then the pitch fees .
With the market shrinking , it will have a knock on effect with the sites as £35-50 per night on average isn’t really affordable for some .
The manufacturers are wholly responsible for this glutinous overpriced pastime .
I’ve said it before , the first UK Manufacturing brand will have to get quality improved or go out of business. The quality doesn’t keep up with the prices .
I agree with pitch fees. I did look at buying one again but then saw it was 40/50 a night. I refuse to pay 200 quid for 4 nights when I supply the sleeping quaters. I literally get a toilet and some electric for that money. We are doing France again this year and it's only 300 more than taking car and caravan. The rest of the year however no caravan, insurance, storage etc to pay for. In theory could get rid of big tow car for something more efficent but not worht it at present.
Years ago tourers or indeed statics didn't have bathrooms, electrics or all mod cons. They were simply made to sleep 2-4 people for cheap weekend and weekly breaks. If you wanted sh#t or a shower you used the facilities on site, for me thats caravaning.
My grandparents always had a static on a small farm just outside Blackpool, in the early 70s they bought a new one it could sleep 8, their was no drainage, bathroom, electrics, or water, site fees were so cheap we loved it there.
So many people had tourers back then, small and basic but functional, they towed them with normal affordable family cars.
We are currently looking at at buying a static, site fees are 5K a year, then you have gas, electric, water, insurance, maintenance charges.
Its such a shame caravaning is no longer affordable to the working class, which is a bad thing that kids no longer get this family time outdoors away from the madness of modern life and mobile phones. Greed has ruined everything.
Yes it is a shame as even though kids had phones when we were away it was still time out as a family. We don't do that as much but do try to spend time together where possible. Kept hoping to get a motorhome but prices are still mega high.
I bought my caravan 8 years ago, and looked after it nicely. I paid £2100. I sold it last week for £3500. Absolutely crazy!
That is a good effort. Yes if you bought it a while ago still able to make a profit. That is stopping to happen a bit more now.
I like a camping trip or two in the summer with my kids and we're exclusively doing UK holidays until all our kids can swim. However, once the kids can swim all bets are off and we'll be spending half as much money to go on twice as many foreign holidays! The price of UK breaks, even caravans and tents, is astonishing. I can't wait to get cheaper, longer, better holidays abroad in a couple of years. Until then, its shabby rip-off holiday parks sadly😂 The camping can stay though.
Very well put together, as you said camping & caravanning used be a cheap holiday. It’s now cheaper to go abroad.
We were going to go camping a few weekends ago & some sites were wanting as much as £250 per pitch for a 3 night weekend break. Disgusting
That’s mad money. Somebody probably pay that.
They are far to expensive for a something that manufacturers can't keep water tight when they start too address these problems things may improve
I know I hear far too many horror stories. We had a brand new Adria in 2018 had nothing but bother and leaks. The Bailey we just got rid of the back corners were all starting to get soft. We were told that since inside readings were fine nothing they could do.
Please learn the difference between to, too and two. It's really not difficult.
2 caravan dealers in chesterfield have closed recently just a point the prices a campervan prices nearly 80k
We and friends have sold our caravans. Renting an Airbnb a few times a year as we would use the van. Turns out to not that much more expensive if at all.
Even when using an all ready paid for older caravan.
Storage costs, fuel prices, car insurance costs for a decent towing car. site fees, all gone up like crazy.
Basicaly to many high fixed costs. While renting a. House the variable costs are much higher, there are no fixed ones. So for light use it wins out.
I would agree with that. We would rent a house as well but a week for us seems to be over 1K so don't do it.
Instead of a caravan, I bought a campervan/motorhome which I also use as my van because it has a garage and it's also my daily too.
It's a 3 in 1 for me. I wouldn't use a caravan enough I don't think.
Twin axle caravan for £47,000!!!!!!!!! Thats what I paid for my house 30 years ago. Totally out of reach of the ordinary person.
Yes I think the Lusso was over 50K but then coachman were taken over by Kabe who are used to scandanavian prices. It is absolutly made for a box with wheels and some GRP and cheap wood.
As you paid for your house 30 years ago you must have tons of equity. Remortgage and buy a £80,000 brand new motorhome. They tend to resell at a decent price unlike caravans and cars.
@@stevenhull5025 false economy, you would be paying interest on your remortgage
Hotel costs have gone up significantly too. Holidaying in the UK is gettimg so expensive it'll not be worth it, particularly given the dreadful weather.
Yes holidaying in the UK is mad given the weather. I love the UK but refuse to. 1) The price is normally more to holiday here than let say France or Spain 2) The weather is too poor for summer holidays.
£70 return air ticket to Faro, Portugal from Manchester plus 700 Euros a month for a hotel room in Albufeira in January.
I guess places like Highbridge Caravans have undergone massive expansion and taken on a lot of debt to expand the site and acquire stock
It has been a risky decision but we will see if they continue. I haven't heard anything bad about them but you never know.
I think you'll find they are the exception to the rule, been around forever and grown steadily , probably the safest ship in the industry
At our site they tried to get us to upgrade, the problem was they gave us a price and on the advertising the caravan was 5 k cheaper. No deal.
I can imagine this happens alot.
Prices of caravan and lack of freedom to park for free is main factor
Everything sells ..... the right price will sell. ❤❤❤
Thats true but people are paying more than they should in cases as not used to the market. So prices have shot up.
My car with a blown gasket has not sold
Having just used the Autotrader price tracker, dealer listing there are not reducing their prices, or only by 2 to 5%. Check modern JLR prices and EV values. Now they really are falling like a stone!
bought our swift mhome in 2019 with 3k mile - sold it last year after 4 years and 9.5k miles for £10 K more vs. what we paid for it. No regrets and no plans to buy another.
I think we will see this in Australia very soon for similar reasons. Over priced, poor quality with a glut of manufacturers flloding the market. Outrageous site charges being driven by the homeless crisis driving people into the parks. A sad state of affairs for a supposedly 1st world country.
Thats a shame had hoped it didn't affect other countries as much as it has in the UK.
Same with cars, affordability.......Not everyone wants top of the range, complicated and expensive.
This is similar to the pedal bike industry.
New models released every year, pushed onto bike shops/dealers and the market isn't large enough to support continuous new bikes every year at high prices.
Thats intresting. I think thye just want to push stuff out for a profit bu eventually the market gets saturated.
@@RollingwithTheRobsons - Basically many bike retailers have gone, or are going bankrupt. The two big European online retailers, Wiggle and Chain Reaction Cycles went Bankrupt in February and many more are following.
Not just impacting the UK - it's world wide issues.
As you said in this video for caravans - During Covid many people bought bikes, but now very few people are buying them, yet the bike makers are still pushing new models at £10k+ each.
I bought two new e-bikes in April for about 40% off, as Sigma-Sport had to shift stock to pay off bills.
@@SDK2006b Thanks for that info as that is really interesting. Normally prices drop and some caravan prices have. What hasn't is the Eurotunnel and Ferry prices plus campsites in the UK. They still want COVID money but the COVID demand is no longer there.
The market isn't big enough for the millions being spent on cycle lanes either so why is cycling being pushed?
What it means is the dealers assumed by linking caravan and motorhome prices with house prices there was more value in their products than it was able to support, result, they priced themselves out of the market and are going bust as a result believing their own hype.
The prices for these tin boxes on wheels are scandalous, Motorhome prices are just ridiculous. people are simply walking away from the industry and buying static mobile homes instead or just renting one, worse still many have simply dropped the idea of owning at all.
We are still hoping on the motorhome front prices are dropping a bit but people are still buying them. Imagine buying 2008 car for 26K still these days. Be lucky if you got 1K for it.
HAVE YOU SEEN THE FLIPPING PRICE OF THESE NO WONDER ,NO ONE HAS LEISURE TIME ANYMORE,ITS WORK WORK TO SUVIVE
The market is saturated. Whatever goes up must come down. Ah well, I'm keeping my camper going until the end of time.
Great vlog , I've been saying EXACTLY that for years .
The thing is the market never seems to match people's wages. It should be correcting more than it is.
This happens every few years, people get laid off regularly. It’s happening in the Hull area now.
This time it's for good. It won't be coming back.
Best news ever. Less slow driving caravans on the motorway and b roads. I could not be happier
They're coming after everyone. Be careful what you wish for. You're obviously too dim to see what's going on in all aspects of people's lives.
No you deff wouldn't I would be terrified to spend £35.000 on these rot boxes has I've said if you bought one that's 4yrs old with your hard earned savings as I once did with a Elddis Xplore the rear panels were cracking only to be told by the dealer and the manufacturer ie Elddis sorry sir we don't cover panels after a year.your helpless with a massive repair bill .
Yes when I first was on the caravan scene used to live Elddis vans but then it was all issues I heard.
A comment I have seen several times is ,The price of camp sites is too expensive . It used to be a good alternative to foreign vacations with large family's . But now its becoming cheaper to book a cheap vacation in say Spain The initial cost of the caravan . the tug car . the camp site fees . ? All adds up and makes it non cost effective
It's OK having manufacturer targets, but, those Caravans have to find their way to the consumer or everything 'backs up'. Cost of living crisis, people have less spare money and they hold off on the upgrade to a new caravan, bingo, dealers get squeezed, cash flow becomes reality and pop they go
Yes that is exactly what is happening. They might slow a bit but they won't want to slow too much. The issue for manufacturers comes if dealers just say no to vans but depends on their contracts.
I was looking at a Motorhome recently, ironically we looked at one in 2016 and it was £24k nearly new, the exact same van second hand in 2022 was £40k from the same dealer....I hope these business's burn and fold for their greed. We have a nice MH (older one) but the like you said the site fee's are killing our interest, back in 2017 we used to use a site in Rutland Water for a weekend break, was £9 or £11 per night back then, that's doubled now.....that's with ZERO facilities !
Yes it is a great deal of money. That is mad that it doubled even though it's older. I always think if you bought a 2008 car would you pay 25K for it? Of course not. I get it's than a car but often as a much poorer cab in terms of extras than a car.
Overall is it cheaper & more convenient to use a Premier Inn etc ?
I think it might not always cheaper but alot easier than towing a caravan about.
I’ve owned a few new vans and all been shit build quality. Now got a VW Transporter camper which I paid to much for , bought with the heart ❤️ not the head but it’s something I’m in to do I have to live with it . I’ll loose thousands on it if I sold , so I’ll keep it and use it with my mountain bikes 😂
Yes not the best quality at times. I kept thinking about a VW or Ford but not big enough for 5 of us unfortunately.
The cost of the van, the tow car, the ridiculously high site prices and add ons. The draconian site rules. Couple that with the fact that campsites are not the same fun as they used to be, caravan and camping holidays are not attracting families anymore due to all of the above reasons, camp sites used to be a big family group, were everyone pitched in, we used to help each other get set up, camaraderie is gone now. Families would get away for a cheap break, not cheap anymore. Cheaper to go abroad now. Dealers and campsites need to take a long hard look at themselves. And when you say £40 a night it's £40 for the pitch then £11 for your awning £5 per person per night over two, £3 per night if you have a dog with you. And some are charging extra for electricity on top of these costs.
Yes it's those extra charges that really kill sites. Used to drive me around the bend. Maybe charge an extra such as 1 pound but the 8 to 10 a night per person etc. Then the same with the awning. Most sites do nothing with the pitches in between don't even come and clean them.
how terrible
Its too expensive and you also need a decent car with a powerful engine, new cars aren't cheap and people dont want to get stranded in an old car
It's just that cars arent' cheap but with fuel prices the bigger cars like my Sorento are generally quite expensive to run compared to newer cars as well. The issue is newer cars are too light so struggle with stability for towing.
Hi, intersting video.
Just wondering why do unsold manufacturer supplied caravans go back to the manufacturer if one of "their" dealerships go bust ....dont they belong then to the banks who leaned the money for them to that dealer to buy them from the manufacturer?
It normally is the case but apparently the manufacturers and the banks have a deal. It says they go back to manufacturer and I suppose they get their money back. That couple criple manufacturers though if that is the case. I wouldn't like to be Lloyds at the moment as very exposed to this.
If the dealer hasn't yet actually paid (likely due to paying on extended credit agreement) - then the manufacturer would have 'retention of title' as long as they can prove the specific units that have not been paid for.
Cheaper to go abroad than pay mental campsite fees
Agree
Anyone my age (44) and younger hasn't been able to tow a caraven without an expensive test until recently.
The older generation has propped up the market for the last 15 years whilst working younger people have become poorer and now that we could tow a caravan, we're too broke to afford sucha a thing.
The market has reached a cliff edge. Cars are next, then houses.
Yes I’m 43 today and had to pay 700 to do b and e then they have it. Cars I can see a bit. It’s finance making it more accessible with personal hire finance. Houses maybe but supply and demand still works in house prices favour here.
@@RollingwithTheRobsons I think it's the gradually reducing salaries that will define a new resting place for all consumption markets. If people literally don't have the money, then they can't rent the house or PCP the car. There's only so much housing benefit to go around.
@@charlesbridgford254 yep as I said teacher until January. Ten years of next to no rises but everything else has gone up. More bankruptcies will start them thinking. Cars are struggling and coming down.
@@RollingwithTheRobsons Sad to say, bit so many teachers I know are leaving the profession, both experienced and recently qualified. The theme is consistently 'The pay is just too poor'.
@@charlesbridgford254 Are you having a laugh Teachers pay is poor I live well on 29k a year plus subsidizing 4 grandchildren, today ALL the younger generations under 50 cannot budget, they must have Generations, up to their eyes in debt when the times are good, when recession comes and interest rates rocket they are in trouble, absolute crazy people no savings living from month to month not thinking of tomorrow.
Massive redundancies are on the way in all industry within the Private Sector with very few opportunities for school leavers.
I have lived through these poor recession times twice before in my 62 years, Its going to get a whole lot worse before it gets better, the wealth of the UK State will drop significantly, especially with mass illegal and legal migration to pay for and under A labour Government.
Oil and Gas in the North Sea Taxation has sustained the UK Public services since the 1970's Labour granting no more Oil and Gas licenses will bankrupt Britain.
Caravan and Motorhome dealers are always one of the first to be hit as with other leisure industries, next comes the smaller car sales Garages, especially when this lousy Government attack fossil fuel car ownership in the name of Climate Change, EV's are not practical for Towing Caravans anyone who says they are should go boil their heads.
Rant Over
Greedy Dealers end of story, same as the static caravan parks totally corrupt, get your money then not intrested if there are problems with your purchase ,stay away until the prices come down to a more realistic fair price .
That is proably true for some dealers. Alots of dealers are just using similar margins but obviously what they are paying has gone up so they passing it on. It's the manufacturers who build poor vans but they are heavily protected by law. The dealers have to try and fix the issues but often the warranty rate is below what they need to pay to get these things fixed.
Vans even though very well made and very comfortable they are also extremely expensive not only that the sites that you need to place them are also extremely expensive.
Greed will catch up with everything eventually ❤
Your wrong about banks. Car loans make up 10% of a banks loan book typically with the majority being mortgage debt. The reserves they hold are significantly larger than 2008 as well.
Site fees too high , can stay in a b and b cheaper per night if you require servicing can’t do it for several weeks, so people stay with their old vans waiting for every thing to drop in price.
I agree about site fees. It doesn't work as well for us as family of 5 and they all say two rooms but if a couple of smaller family it works well
Broad Lane only had 2 sites and they sold one a few months ago so only Alcester put itself into administration. Spinney own and running the Leek Wootton site that was.
Well the business name is now in administration regardless or how many sites.
@@RollingwithTheRobsons As I said they were down to 1 only from 2, not rocket science.
Motorcycles... Hear me out. After the war motorcycles were very popular. The father needed transport to get to work and if he had a side car the vehicle could transport him and his family on days out. In 1965 our neighbour used to take his family off for a two week tour of France every summer, with camping gear, on his BSA Combination. These days a motorcycle is a luxury item.
Fast track to 40 or 30 years ago. A small caravan would have done the same job. Making a holiday hotel for the family for a fortnight at the seaside or touring. Fast track to today. Vans are very expensive to buy, fuel prices are crippling and when you get there pitch fees are are often more expensive than a family room in a hotel and when costs are totted up its simply cheaper to buy a package all inclusive to spain. Caravans are only for the well healed today, the dynamic has changed and there are too many manufacturers and dealers for the shrinking market. Its simply supply and demand.
Too expensive and pitch fees have become stupidly expensive.
Even if u have tent, camp fees for the one night are radicolous
Yes I agree. I suppose it's as you use a similar pitch space unless a small tent.
Insane prices £17000 plus for a 2 berth... more than a 2nd hand car.
What are your thoughts on the static caravan market?
I’ve had a dealership contact me multiple times about upgrading to a new van (mines a 2018). I didn’t think there was much stock in the 4-8 year range as people were keeping hold of them.
I am not that sure on the static market as it's not somethign I have looked into atl all, sorry.
Another banger mate
Thank you
In part as a resuIt of soaring site fees?
Yes it's all attached. We looked at a caravan again then saw the pitch fees and thought. Ermm no Ok.
May b they should stop cattering to people with loads of money and get back to were caravaning started. Bugit holidays for family's and any one wonting a cheap budgit holiday. The dealers have all lost the plot the farmers have lost the plot because some of the sights are also expensive now . Just like everything else all about the money 💰
Yes alot of money is been taken by these companies.
Bugit?
Much cheaper off season on the continent especially if you are a member of ACSI.
Cheap credit was always the problem.No it’s pay back time.Most have borrowed to the hilt for a decade at super cheat interest rates which are now expiring.
Cant afford july or August so no point really . Fees are way too high. I ll wait until September but then the nights start drawing in.
Great video - I think a large perecentage of caravans sold in this country are made here in UK. I do hope the new government subsidises makers here until thing stabilise. Always money for war, bankers and their cronies. Jobs must be saved at all costs. I suspect someone will know about the number of manufacturing jobs at stake. I bet other countries will give subsidies.
No. They won't. You have to understand where the world is headed and you won't get that information watching the TV.
I have heard allegedly the Caravan and Motor Home Club is in financial trouble anyone else heard this ?
I haven't heard that but having to shut some sites down. I have never used them even though I was a member as the prices were always mad. Why would you pay 50 a night for a space on some gravel or grass plus toilets? Sometimes 60/70 in other countries get loads for that. Rip off Britiain and it's starting to bite these companies.
So it should be what they charge
Yeah really shocking the prices the warden’s are also having there hours cut no wardens after 6 at night free for all after that
21 days before you go no cancellations after that…£5 to book ? yeah right ….people dont like getting stitched up like that….droves will keep away from these over the barrel conditions…maybe the management want to earn as much as British Gas ?..£8M last year for the CEO…
@@griswald7156how do they sleep at night?
The Touring Caravan has lost direction. Back in the 60s they were a simple construction and firms like Caravan International had a boom time allowing the public to buy their Sprites for a little over two hundred pounds using a standard family car. The demand by the public over the years to add on more refinements has led to obese overweight caravans towable by huge SUVs etc, and unfortunately the manufacturers engineering capabilities has not been able to contain the constant problem ok leaking. Who is at fault? The public or the Dealers for bringing us to this pending demise? Or is it greed by all parties including site owners?
When I first start caravanning you could pick up new Adria 15k(Still alot of money). Post covid nearly 30K. I don't doubt things have gone up but not double the price. I think it's all linked in together.
The whole market is breaking down everywhere so called Electric variables in the future. Also fule costs are ridiculous costs of insurance tax. Government is planning road charging??????
Agree the whole market is mad for pricing.
It’s not just the RV sector that is suffering though. Ryan Air’s profits are down 46% due to oversupply. No one wants to buy an EV whatever the price either. I’m a semi pro musician and gear I could sell easily last year is sticking around on EBay now. it all comes down to an economic slowdown caused by higher interest rates and high inflation over recent years. The cost of caravans will not fall so buying new now may actually be sensible if you have the cash and can get one of those great deals available. but what will fall is the cost of financing them when interest rates start to fall back. This is not the first time the industry has had problems and it won’t be the last either.
The middle class don't want them anymore it's moving back to the poor man's holiday
caravan value has come back to near normal but the site fees are to high for a cheap holiday it once was.
The retiree boomers are the caravan trades market. Younger buyers simply don’t have the cash, and won’t take on more debt to buy a depreciating liability, for an experience that looses its appeal after a while, especially if your new to touring, and haven’t spent much time holidaying in caravans, and fed up of wet camping holidays.
Holiday abroad, it’s cheaper and you get better weather. The uk is a rip off country.
I agree about better weather and on the whole better prices to stay abroad.
does this mean the roads will be free of land rovers, SUVs and mercs towing caravans in Lincolnshire in the coming years?
Honestly, there are so many better ways to spend your holiday money that don’t need a huge upfront payment. You could even invest the money you'd use for a new caravan and enjoy a free holiday every year just from the interest.
The market is also shrinking because younger adults are finding van life to be a cooler and more modern alternative. I think we’re going to see this trend in a lot of UK industries-they're too focused on their profits and not enough on actually providing value to their customers.
That is what I was saying in the video. Take that 30K and invest it in a 5% and you are getting double in a way as getting interest but not also paying out each month.
All way's use your credit card for deposit it's a no brainer, then the credit card company will reimburse you if you don't get your goods 😊
That is a good piece of advice.
Site owners got greedy…hotel prices for a patch of grass….right.
That is a good shout How can they compare though and expect to charge the same.
@@RollingwithTheRobsons when you rent a hotel room….the bathroom usually passes muster….but on a touring site…it may never get a deep clean all season..they like to take the big money….but they shy away from giving value..
They’ll go the same way as the caravan dealers soon if they dont start giving value for money..i think the caravan dealers in receivership are already pointing their fingers in the direction of the field..they’ve all been messing with the golden egg…
People will mostly go CL soon with this level of tampering..
Can’t believe I just watched a video explaining supply and demand 18 mins of my life I’ll never get back
It is indeed but demand is poor but they aren't adapting so not pure supply and demand the capitalist version. Rise like a rocket fall like a feather.
Maybe better to buy a small campervan, allso for everyday use. Hasn't to be a new one : we bought a campervan of 12 years old.
Might as well book into a 5 star Hotel
Caravans are over
No more wobble boxes on the road 😊😊😊😊😊😊😊😊
Rip off site fees, just greed ruining what used to be affordable holidays, can't even find a cheap camp site mostly glamp sites now, and they can shove them, pitch should be £4 a night with metered electric.
The site fees are a bit high. 4 pound isn't much most people end up using 10 pound a day using electric unless they have solar etc.
@@RollingwithTheRobsons just goes to show how much of a rip off it is, in my flat £10 of electric lasts 4 days, and as I said £4 a day for pitch plus your metered electric, if you want it, I remember when all the forestry commission's camp sites where all privatised and site fees tripled overnight, it's greed .
Does this apply to motorhomes as well as caravans?
I think the impact on them is less. This is because they can stay in places which are cheaper. Some Aires/Wild camp keeps the cost down.
@@RollingwithTheRobsons Thanks.
Caravanning used to be a cheap hobby/lifestyle, now not so much.
Happy birthday 🎈
Thank you very much.
Sorry to say but caravans/ Motorhomes are vastly overpriced.
I totally agree. Imagine if you bought a 2008 car it wouldn't be anywhere near 25K but motorhomes that is fair game apparently.
correct what do you expect the prices they charge for ground rent is a joke ...
It’s not cheap that’s for sure.
Caravan or tin hut lodge is no longer economical now.
Cant wait for the lack of middle class Klungwagons (T5) in Cornwall.
10% Apr on £50000 isnt £5000 a year interest, that would be 10% flat rate.
Used to be 6 or 6.5% flat rate when I started in early 00s which is 13-14% Apr , way cheaper now
Yes I did know that but most people don't understand the idea of APR's and where figures come from for final interest payments.
Just get a loan or buy it on a credit card. Nothing is out of reach with tge availability of almost unlimited debt facilities these days! I have everything I want!! It would take me hundreds of years to repay it all if I ever had to!! 😂
Yes that is the issue it's mega cheap debt or it used to be. We now don't have any debt apart from the house and try not to anymore.
Businesses close due to a lack of cash flow not a lack of profit. So a £million profit has little bearing on their ability to pay their creditors…so they are sadly insolvent.
The car industry have already gone through this in the last six months of 2023 and the market has returned to normality.
Yeah we will see. The difference is people normally need car as more of a necessity they don't need a caravan or motorhome. So might just sit there but the issue are caravans are year based unlike cars until they are registered.
But what's the situation in Europe?
Im not sure as never looked at in Europe at least pitch fees are bbeter value for money.
Too expensive rip off greedy campsites jumping on the bandwagon just like landlords and everyone else charging for extra people a gazebo extra car then the dog it’s greed , for what you pay to camp you can get self catering apartments in Spain and cheap flights with this you will have a pool and guaranteed weather rather than pissing down grass everywhere and let’s not forget camping is a working holiday you never stop washing up cooking trying to keep kids entertained oh and some charge for WiFi so yeah I gave it up due to the rising costs off camping 👍
I agree with what you are saying there.