When you’ve made a considerable investment in a static caravan, it can be disheartening to learn what the caravan is really worth when you come to sell.
It’s hard to put a figure on the average depreciation rate of a static caravan, because it’s not a steady process. Newer caravans, like newer cars, depreciate the fastest, with the rate easing off as the caravan ages.
What this means is that you are exceptionally unlikely to ever make a profit when you’re selling your static caravan. Hopefully this is something you considered at the time of purchase, as no responsible vendor would cite resale value as a benefit when trying to make a sale.
There’s not much you can do to stop your caravan depreciating, but there are things you can do to keep the value as high as possible. The key thing is to look after your caravan. It may seem obvious, but regular cleaning and maintenance helps to keep your caravan in good condition and stops dirt or damage from reducing your resale price.
It’s also important to maintain the original fixtures and fittings. Caravans hold their value the best when they are kept “as sold”. Replacing the curtains or carpets may seem like a good way to personalise your holiday home, but it will have a negative effect on the overall value of your caravan.
Selling your caravan with I Buy Caravans is an easy way to ensure you get a fair selling price. We’ll offer you the true value of your caravan, without you having to go through the hassle of negotiating with your holiday park or haggling with a potential buyer.
The rate of depreciation means that if you’ve had a valuation from us in the past, but not sold, you may not be offered the same price now. The best way to find out the current value of your caravan is to request a new valuation – our experienced agents can make a thorough assessment, and there’s no obligation to sell afterwards.
Get in touch now to find out what your static caravan is really worth.