Here is a quick summary of just some of the things you should consider before you set your heart on purchasing an individual static caravan:
- keep future resale values in mind. It doesn’t matter how much you are in love with your caravan and think that you will never part with it – one day you may change your mind. So, make sure you think in terms of investment or at least protecting your capital when you are looking at a given caravan and at an individual site;
- look closely at the location. This links to the above point because a potential buyer might not be influenced by the quality and fittings of your caravan if it sits in a site that obviously spells trouble. So, investigate your site thoroughly for things such as flood risks, maintenance and overall appearance including your neighbours’ caravans – plus what is going on in the surrounding area. Remember also to check for things such as local planning permissions that just might end up with an eyesore being erected directly adjacent to your caravan in the nearby fields;
- make enquiries relating to static caravan insurance. Note first of all that in most cases, you are not obliged to take the site owner’s cover and are free to choose your own insurance. Secondly, cheapest options might not always be those that are particularly suitable. Try to find out what an insurance provider’s views are of the site you are potentially choosing. At Cover4Caravans, we’d welcome the chance to help in your comparisons;
- spend time on the site before you purchase and get to know the site owners as well as possible. Look carefully at the pitch rental agreement and any site terms and conditions, in order to make sure that they are not draconian and are ones that you could live happily with;
- at the risk of stating the obvious, make sure your caravan has been subject to a thorough inspection. If this is your first purchase then you may wish to get someone to help you inspect your caravan who understands the area well. Making mistakes in this area might prove to be expensive!
Buying and owning a caravan should be fun and for many fortunate owners it is.
Just remember though that it does involve a considerable investment of your money and therefore try to approach your decision with a cool and logical head.