How do I buy a used static caravan?
In today’s blog post, we will answer the following question: How do I buy a used static caravan? We will discuss where to buy a used static caravan, how to determine the right price for one and how to finance a static caravan.
How do I buy a used static caravan?
You can buy a used static caravan privately (most of the time online), through a dealer or directly at a Holiday Park.
Buying a used static caravan cannot be an impulsive decision. Finding a plot can quickly become a headache when faced with campsite managers who do not always accept the installation of old static caravans on their sites. As for the static caravan itself, it is a question of finding a model in good condition, at the right price and without hidden defects.
Where to buy a used static caravan?
There are three places where you can buy a used static caravan:
- The biggest showcase of second-hand static caravans is static caravan distributors, where models are undergoing a complete overhaul. These professionals can offer you a “12 months, parts and labour” contractual guarantee on the model and assist you in the installation since they work with campsites with free plots.
Distributors and dealers very often have information on replacement residences and sometimes have models “to remove” after repetitions when they sell a new static caravan.
- Another sales network, that of the campsite, may have used models already installed on the plot. Campgrounds or residential leisure parks that accept resident owners very often offer these residences for sale.
- Finally, the Internet is also a research avenue. For the information available on the web, it suffices to browse the sites, to specify search criteria. It should be noted that basic vigilance is necessary and if it is necessary to say it, never pay money without having visited and met the owner.
For research concerning a used model that one wishes to acquire on a plot in a given region, the research is a little more tedious because if one plans to call the campsites in the region, they can be numerous and not all of them accept resident owners.
When researching used static caravans, take a full tour of the static caravan to check its general condition: the floor, the framework (beware of infiltration), the frame and the roof. Ask if it has ever been repaired or if it has been in a bad weather accident. Make sure it has an identification plate on its chassis. It indicates the serial number, the year of manufacture of the model and determines its age. Enough to set its used selling price!
How to determine the right price for a used static caravan??
The oldest models, of the English “flat roof” type, range between 4,000 and 6,000 $. The models with “double pitched sheet roof” range from 5,000 to 8,000 $ and the most recent with “two-pitched roof in steel trough” start at 8,000 $, and can go up to 25,000 $, see more according to general condition.
Do I need a solicitor to buy a static caravan?
You do not need a solicitor to buy a static caravan unless you have any concerns or believe you have been treated unfairly. Generally, there is no requirement for legal aid when purchasing a static caravan or any other type of motorhome.
However, when you use the services of a solicitor, you can be reassured that there is no hidden clause in the purchase contract, or the legal advisor may help you better understand certain conditions in the contract, such as:
- The break down of the purchase price;
- Additional costs imposed by the caravan park;
- What benefits do you get from the campsite during your stay there;
- If you are allowed to sublet the static caravan and other details.
Becoming an owner is not just about buying the static caravan! Above all, it is about choosing your future second home, the model that will appeal to the whole family, the environment and the land in which you want to settle it to spend your weekends or holidays.
The static caravan remains the best way to acquire a second home inexpensively and as quickly as possible. However, its installation responds to a specific procedure and legislation.
What is the lifespan of a static caravan?
There are ultimately two distinct lifespans for a static caravan on a plot, there is its own lifespan, as we said previously it is not uncommon to see English static caravans of around thirty d years in perfect condition of use, they will nevertheless have aged, will have a flat roof and not a double-pitched roof, which gives them the appearance of an “other age” and will no longer be left behind. fashion all the more so as today quite often moves towards a more contemporary aesthetic.
In the case of an installation on private land during the construction of its main home, old static caravans may be perfectly suitable as well as in the case of temporary occupation, for seasonal accommodation for example.
And there is the lifespan generally granted by the manager of the campsite or residential leisure park, the tendency was to request the renewal after a period of 10 years, today the requested average would rather be 12 or even 15 years. under the insistent demand of consumer associations and static caravan owners.
It should be noted, however, the increasing number of establishments no longer requiring the renewal of residences insofar as it is perfectly maintained as well as its location, thereby giving residents the decision to renew their homes themselves, in the face of the appearance of new models and new functions, thus regulating the market and avoiding tensions between the owner and the manager of the campsite or residential leisure park.
If these conditions are met, the establishment will retain its harmonious and aesthetic appearance, an essential criterion for its renewal request.
Buying a static caravan: How to finance your purchase
You can have your purchase 100% financed by a loan, whatever the amount of the static caravan but for a maximum period of 15 years. As with any credit, the law establishes a withdrawal period of 7 days. However, it only applies to loans for an amount less than $21,500 and a duration of more than 3 months.
The loan offer must mention the conditions, the amount borrowed, the amount to be reimbursed (with and without insurance) and the number of costs.
This offer is valid for 15 days. The law also allows early repayment without charge or penalty.
This is the case where it may be a good idea to hire a solicitor to help you get a fair deal.
The bottom line
When you want to invest, there is a solution for all budgets. As you have seen, the static caravan is an option that you can explore.
We see a double interest in buying a static caravan. The first is that it is a pleasure investment in the sense that you will be able to enjoy your static caravan (and share it with your tribe!). The second allows you to diversify your assets if you are already invested in other projects (traditional real estate and the stock market in particular).
What do you think? Would it be a good idea to invest in a static caravan? Do not hesitate to share your thoughts about this topic!
FAQ on How do I buy a used static caravan?
How does a static caravan purchase go?
Purchasing a static caravan is an investment to be considered over several years. Here’s how the process goes:
- Find the Land.
- Sign the rental agreement for the plot.
- Choose a residence.
- Negotiate your purchase.
- Finance your purchase.
- Establish a detailed order form
- Find out about the taxes applicable to the static caravan.
Is it worth buying a static caravan?
If there is one virtue that shines in the eyes of those interested in static caravans, it is profitability. A used “static caravan” can be found from 12,000 $; if we count on new, the check may vary between 30,000 and 50,000$. Result: in 7 years, the property can be profitable.
How does the sale of a static caravan go between individuals?
To sell your static caravan on a rented plot on a campsite, you must first ask for the agreement of the manager. Indeed, he is the owner of the site you occupy and it is he who will have to sign the new rental contract with the buyer.
Other FAQs about Static caravans that you may be interested in.
Why do static caravans have wheels?
Where is the stop tap on a static caravan?
How do you keep a static caravan cool in summer?
