buy new for warranty security, or buy used and save on depeciation but risk repair costs

Discussion in 'Motorhome Chat' started by DavidG58, Feb 23, 2016.

  1. DavidG58

    DavidG58 Funster

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    I know more than most that owning a used motorhome outside of warranty can be expensive

    When it comes to cars I rarely keep any car after the three year warranty period ends, I have been caught in the past with expensive repairs

    We saw our current MH for sale privately and fell I love with it, blinkered by the rush of blood I ignored my normal concerns about warranty and bought it

    But the MH we now own was list price £135K in 2007 o_Oo_Oo_O, we could never have afforded or justified that much money, but it was registered in 2009 and we presume the buyer got some discount, we don't know what they paid, but we paid £68K in Feb 2013, even if the first buyer got it for £100K they then lost £32K and only did 2200 miles in their 3 year ownership

    Based on this we got quite a bargain, so the £7/8K or so we have spent on what might have been warranty if newer has more than been covered by the saving

    However, in reality, we invested slightly more than we ever planned to when we bought it, then added 'extras' that we felt we needed, so were basically skint, luckily it behaved near perfectly for 2 years giving us time to save up for these repairs :)

    so back to my question, maybe a survey would be interesting but I don't know how :LOL:, do most of us worry about no warranty when buying used, or do most of you buy new or nearly new to be safe?
     
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  2. DavidG58

    DavidG58 Funster

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    if nothing else I deserve something for the longest possible thread title :)
     
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  3. maison

    maison Funster

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    We have bought new, nearly new and eight years old.

    On each if the new/nearly new units we had remedial work carried out under warranty. On one unit, in particular, costs would have been high if not under warranty.

    Our eight year old cost us £600 on repairs within twelve months but then nothing for the next two years.

    I think it can simply boil down to luck. We had a " competent" engineer check out our eight year old before buying. So was £600 over three years good value or not?

    All I can say is that, although it was not as "shiny" as the new/nearly new ones, we still had a lot of fun in it.
     
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  4. funflair

    funflair Funster Life Member

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    Well ours was 6 years old when we bought it and we paid £52k which was £50k less than the previous owner paid new and close to £100k less than a new one would have cost us, he did 30,000 miles and in 4 years on we have done another 30,000 miles, service MOT and any repairs/replacement have been £1000 to £1200 per year, so to answer your question NO we didn't worry about not having any warranty and the saving would outweigh any possible repair costs.

    So the next question is would we buy new next time, well the heart might say yes but the sensible head definitely says NO.

    Martin
     
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  5. TheBig1

    TheBig1 Funster Life Member

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    the best option in my opinion is nearly new plus spend a few quid extra for mechanical break down insurance each year
     
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  6. Minxy Girl

    Minxy Girl Funster Life Member

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    The only way I'd buy new now is if it was the ONLY way I could get what I wanted and there was no other option. Our last 2 have been 'used' - the Autocruise Accent PVC was a few months old and approx 1,000 miles on it, so still under warranty. Our current PVC was an unregistered ex-demo so we got the full 2 year warranty with it. So my choice would be to buy a nearly-new one with some warranty but without the high additional cost of a brand new one.

    Contrast this to cars ... our Smart cars are not under warranty and, even though we've got an Ypsilon which is, it doesn't worry me about the Smarts though.

    I suppose the one thing to consider is how likely is it that there'll be problems that are so major that you'd wish you had paid a higher price for the warranty ... and would that difference more than cover for the repair.
     
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  7. chaser

    chaser Funster

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    If you buy used the warrenty will have been done and the owner will have took a lot of care over a motorhome of this money , so you gain both ways.
     
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  8. MH 55 FUN

    MH 55 FUN Funster

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    Buy nearly new through a dealer & negotiate a decent warranty ?

    Our Autoquest 145 is 2010 with just 6300 miles & 1 previous owner in '' as new '' condition, full hab' & engine / chassis service history & we got a 2 year warranty, amongst other sweeteners :)
     
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  9. Lenny HB

    Lenny HB Funster

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    Only on our second van both brought new, by buying our Hymers in Belgium we can buy a new van for the same cost as a 2 year old one would cost in the UK, last van we kept nearly 6 years only lost 23% in depreaciation 5% a year. So for us it makes financial sence to buy new, but not in the UK.
     
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  10. Techno

    Techno Funster Life Member

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    I would not dream of buying from a dealer unless I win a fortune and it is the only way to buy new.
    Being the confident sort I have bought our only two vans privately and have no regrets.
    Using the forum for advice is where the savings are made e.g. @JockandRita directing me to an Alternator supplier at under £100 new etc etc etc
    FUN is worth a fortune
     
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  11. campa cola

    campa cola Funster

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    I buy new or nearly new if I can, I certainly don't want to end up like the couple I saw in a layby in Portugal recently with a dangling broken obsolete exhaust.........most likely end of that trip!
     
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  12. Granjan

    Granjan Funster

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    As novices we bought ours new, absolutely on impulse and have never regretted any of it. We simply knew that we would enjoy holidaying in that vehicle and if we were mistaken and didnt like it / or it didnt work out we might quickly loose £20 K but you could soon spend that on a 2 or 3 luxury holidays and never see that money again. We wouldnt have borrowed the money for it though.
    I would now, if I wanted to change, buy a top end nearly new motorhome and be glad to save thousands and willing to sort out repairable problems, but I would be worried that it was someone elses pup.
    Personally I would always be reluctant to blow £150 K on a new van, but husband would do it. I just feel its a bit over the top for camping .......
    After years in the office I absolutely hate paperwork and would happily pay a third party a fee to manage a purchase from abroad and save a chunk of money...... Business opportunity ...... but we are happy for now.
     
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  13. Larrynwin

    Larrynwin Funster

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    I bought a new RV almost six years ago and lost a shed load and have now bought a new Hymer, will I lose, yes, if I bought second hand I would have lost less but I dont care , there are no pockets in shrouds :RollEyes:
     
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  14. Barclaybasher

    Barclaybasher Funster

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    Somebody has to buy a new vehicle.......but not me............ modern vehicles are so reliable.... apart from the first few years (sorting out the 'glitches') ............... the depreciation on new costs far more than any repairs on older vehicles... unless you are very unlucky

    The most I have ever spent on a vehicle is £19k on a motorhome.......5 years ago

    My current vehicles are a 2003 S type Jag, a 2006 PT Cruiser, both low miles and drive 'as new' and cost £1600 each....... a 1991 Eriba Motorhome with less than 60k on the clock (£6k)

    I could afford newer........... but why?

    I love driving them all........and (touch wood) I have never needed recovery or had 'catastrophic' repair bills in 50 years.............. the biggest cost is always depreciation

    ......my way, not everyones ..........

    (y)



     
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  15. tonyidle

    tonyidle Funster

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    I haven't bought any vehicle with a warranty on it ever (well - 3 months :)). You can afford one almighty repair bill by not paying first year depreciation never mind the next five in the case of a MH.

    Edit: as BB has just said ;).
     
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  16. Judge Mental

    Judge Mental Funster Deceased RIP

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    We normally buy new as less hassle..and prices not that far away from nearly new so no point if you import....
     
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  17. DavidG58

    DavidG58 Funster

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    You never miss a chance do you Eddie :),even while in recovery

    Surprised you couldn't squeeze in a reference to chunnel sharing :LOL:

    Glad to see you are up to posting so quickly (y)
     
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  18. Puddleduck

    Puddleduck Funster

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    Buffy was the same. We are buying new but only because we are having it customised for us and the price was right.

    Our first van was a DIY conversion, the second an old Hymer and still on the road (had a few issues with it but got them sorted), then a few years without, Buffy was for a dealer but 2nd hand, and now we will have Jemima in the summer.

    There is no right or wrong way overall, just what is right for you.
     
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  19. Judge Mental

    Judge Mental Funster Deceased RIP

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    Eh? Are you saying everyone knows about importing!?!? Blooming hell!:)
     
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  20. Puddleduck

    Puddleduck Funster

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    For the price we are paying for our special it's like importing via an agent :)
     
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