How Much Is a Caravan?

When you invest in a caravan, you’ll be able to travel and explore sites across the country in your own mobile home. From quick family weekends away to road trips visiting iconic locations all across the UK, you’ll be able to stop over in comfort and safety just as you would at home. With all these amazing benefits, people usually think a caravan is a costly investment, but how much is a caravan exactly?

In this blog, we’ll take you through the different factors that influence caravan costs and what you can do to make the process more affordable.

At Auto Finance, we help customers purchase their dream caravan with a caravan loan. If you’re interested in financing a caravan, explore our personalised finance for caravans available online today.

How much does a caravan cost?

Caravans are typically split into two types, static and touring caravans and each one has a different breakdown of caravan costs. There are a lot of factors that contribute to the total price of a caravan but here are the general averages:

Please Note: Auto Finance does not finance static caravans and this information is only being used for comparison purposes.

Touring caravan 

A touring caravan is what you’ll usually see out and about on the road. It’s a mobile home that’s usually towed on the back of your vehicle. They are often smaller than static caravans but still offer ample room and amenities. Touring caravans can sell new for roughly £15,000 to £50,000, with the latter cost for more luxury models. If you’d prefer to save some money, you can opt for a pre-owned model for around £10,000.

Static caravan

A static caravan is treated more similarly to a house and is regarded as a place of residence as opposed to a mobile home for touring the country. This type of caravan is static in one place, usually a designated caravan park. Static caravans are larger than their mobile alternative and feature all of the amenities of a standard home, several bedrooms and a spacious layout. 

Static caravan costs can set you back around £30,000 to £130,000 depending on your choice of basic or high-end models. 

What factors influence caravan cost?

As mentioned above, there are several factors that influence the price of a caravan, but let’s delve into them in more detail. 

Caravan size

Generally speaking, the larger the caravan the more expensive it will be. If you’ve got a family and need extra sleeping and storage room this will mean you’ll have to purchase a larger model.

Model

The latest model from well-known brands is likely to cost a premium price compared to older models that may not have all the latest technology and appliances. Determine what you actually need from your caravan and this should help you identify which model is right for you and give you a more accurate estimate of the price range. 

New vs preowned

As with most products or purchases, buying something new is the more costly option. A new touring caravan could cost around £20,000 but on the preowned market, you could get the same or a similar model for around £15,000 or less. When you choose a used model the initial costs may be lower but it could need work like repairs or renovations. It’s always important to thoroughly assess these costs to determine if new or used is right for you.

What other caravan costs should I budget for?

It’s important to remember that when you’re asking “How much is a caravan?” the base sale price alone is not the only cost you need to consider. 

Add-ons and equipment 

Many people want to modernise their caravan or give it some extra homely touches with heating installation, bathroom or bedroom upgrades and even solar panel fittings. As these things don’t come as standard in a basic caravan model, this will need to be factored into your budget should you opt for these upgrades.

If you do want your caravan to be modern, we’ve got a blog on the best caravan gadgets for all the tech lovers out there. 

Caravan insurance

In order to protect your caravan and its contents from damage or theft you’ll need to purchase insurance. This caravan cost will be an additional monthly payment you’ll need to set money aside for alongside your caravan finance payments. Insurance rates can vary greatly, but if you’re wondering “how much is caravan insurance?”, we’ve got a blog for that too.

MOTs and maintenance 

Just like any other vehicle, you’ll need to pay for an annual MOT on your caravan as well as take your mobile home in for servicing to ensure it’s in the best condition. This will be a few hundred pounds extra you’ll need to set aside annually.

Campsite fees

When you’re out exploring, you’ll have access to some of the best campervan campsites in the UK. All of the amenities and experiences these sites offer however mean that they are not always free and you can be expected to pay a nightly charge that you’ll need to account for before arriving at a random campsite. 

Taxes 

If you’re using your touring caravan on UK roads, you’ll have to pay caravan road tax just as you would with any other vehicle. If you’re driving a caravan over a certain weight you’ll also have to apply and pay for a different type of driver’s license. 

How to budget for a caravan

Many people think they won’t be able to afford their dream caravan and are deterred by the initial caravan cost. There are however a number of things you can do to make the process more affordable. 

• Plan ahead: Before you even make an application, determine your budget including the total caravan price and all the additional costs. 
• Do your research: Don’t just settle for the first dealer or loan company you see, make sure you compare prices to ensure you’re getting the best caravan deal.
• Inspect the vehicle first: Even if it’s brand new, always check the vehicle out yourself before buying to see if it’s in good condition and has all the amenities you need. Never buy online without inspecting the caravan first. 
• Finance your caravan: This is by far the best way to afford a caravan. You’ll pay in monthly instalments and with a company like us here at Auto Finance, you can see how much you’d be expected to pay with our vehicle finance calculator before you make any decisions. 

Make a caravan affordable with an Auto Finance loan

So now you know how much you’d need to set aside for a caravan, the easiest way to make your dream a reality is with a caravan loan from Auto Finance. You won’t have to worry about being rejected for a loan and we offer a wide range of loan options to suit you. We want everyone to be able to drive away in their dream mobile home, so even if you’ve been refused finance before, we’ll do our best to get you the best deals from our partners across the UK. 

Get started on the application process and have those caravan keys in your hand in no time by contacting our team now! 

Motorhomes are a brilliant and diverse way to travel around the UK and whilst they are a safe method of travel for the most part, it’s important to understand the relevant motorhome seat belt rules. These laws are in place to protect you and your passengers, and in this blog, we’ll explore the seat belt rules and answer questions like “Can you travel in the back of a motorhome without seatbelts in the UK?”.

If you want to get on the road in your own motorhome, discover motorhome finance available at Auto Finance Online.