Residual value lease finance experience?

Discussion in 'The Beginner' started by The Lobster, Aug 29, 2011.

  1. The Lobster

    The Lobster Funster

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    Actually this question is a little more general than the title suggests... we haven't bought our first MH yet, but have narrowed our choice down to favoured make/style:

    - Used Hymer A-class
    - First registered 2000 or earlier
    - Prefer 6 berths but will make do with 4 to start with
    - If 6 berth, love the U-lounge layout.

    Now to finance, and the point of the post... I've been reading up on the Black Horse "Ultimate" finance solution described here:

    http://www.blackhorse.co.uk/Caravan/Ultimate.html

    It sounds perfect, as we don't have an MH to trade in (being first timers) and don't want to put a huge deposit down. It also minimises monthly payments as it micely exploits the relatively slow depreciation of used MHs (as compared to cars, say) --- so our thinking is that in 2-3 years time we could trade up/down depending on experience, but still start with a relatively "nice" choice.

    Unfortunately I can't find any dealers who offer this package - even the ones who advertise themselves as Black Horse dealers. They seem to just do the more "traditional" HP solutions.

    Can anyone help with advice/experience of this type of package, or offer any alternative ideas about how to finance our first MH?

    Thanks.

    --Andrew

     
  2. scotjimland

    scotjimland Funster Life Member

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    Have you searched using the Black Horse dealer locater .. ?

    http://www.blackhorse.co.uk/Caravan/dealerlocator.html
     
  3. The Lobster

    The Lobster Funster

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    I did thanks --- I tried some local to me and that was the answer I got. The Black Horse dealer locator doesn't appear to differentiate between the types of finance package dealers offer (or don't) :Sad:

    --A
     
  4. scotjimland

    scotjimland Funster Life Member

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    I thought you would have

    .. perhaps email or call Black Horse and ask the question ?
     
  5. Johns_Cross_Motorhomes

    Johns_Cross_Motorhomes Trader - Motorhome & Accessory Sales

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    Your choice of van falls outside the criteria, too old for a start and frankly I would not bother.


    • Choose your caravan with your Black Horse dealer. New and used caravans up to 3 years old can qualify.
    • Choose to repay over one to four years.
    Peter
     
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