Whilst it seems that over the term of the financial crisis more people than ever choose to take a ‘staycation’ for their annual holiday it appears that this is now a trend that looks set to stay. For those people who intend to frequently make holidaying at home a habit there can be no greater a purchase than a static caravan.
Selling your static caravan when the time comes
This may seem like rather an odd topic to start on, after all, you’re likely reading this as you’ve yet to purchase a static caravan of your own. However we mention this first as it is an important factor that may affect your purchasing decision. This is because many static caravan owners choose to sell their caravan to the park operator in which it resides as this provides a far easier sales process than selling privately. However this generally tends to attract a lower sale price. For this reason it is vital that you consider your purchase carefully so you can lessen the depreciation through keeping the static caravan for longer.
Choosing your static caravan
When choosing the static caravan of your dreams it’s important to consider a few factors. First you need to consider whether you’ll be purchasing on site, where the caravan will be sat, or whether you’ll transport the caravan to your site of choice. Secondly you need to consider the caravan itself, specifically finding out about age, birth (number of bedrooms), number of previous owners and information about the general upkeep that the caravan has enjoyed. Of course an influential factor in your choice will be the style of the exterior and interior but this should only be considered after establishing the preceding factors.
Choosing a home for your static caravan
There are key costs that are associated with housing your static caravan, with many of these varying from site to site. Here’s a rundown of the ongoing costs that you should plan for.
Annual costs include your site fees (which can cover the use of onsite facilities, such as the bar, swimming pool or children’s play area). Site fees vary significantly between sites and can cost from around £1000 to £5000, so you should undertake thorough research on at least ten different sites. The fees depend on the number of facilities on your chosen site.
You can get a great idea of the costs of supplying a static caravan with gas and electricity by asking your potential neighbours of roughly how much they pay. You should also establish whether gas is supplied or whether you can purchase your own gas canisters. Some parks offer dual fuel tariffs where readings are sent out to you throughout the year and then a bill is produced.
Other parks insist on using gas bottles which are bought from their own site. The cost of each bottle is between £65-£75 with delivery and fitting.
Additional rates may also be payable for the upkeep and provision of water and the sewerage supply. This charge is independent of the caravan site and is instead payable to the council.
You are of course free to organise your insurance from whichever supplier you wish. However you need to ensure that you have the adequate level of public liability cover (this is usually around £2 million). A 10ft caravan will cost £150-£200 per year while 20ft caravan will cost around £600. Again you can ask at the park site that you’re considering for an idea as to how much this will cost.