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Me too. We have a spreadsheet of our finances but all the vehicles are at zero as thyre all depreciating. It's bad enough buying things you know are going to reduce in value without paying interest as well.If i can't pay for it outright i don't buy.
I know i know some have too
We were away to a very nice site in York at Easter and that was under half full!Just had a week in Padstow, site just about empty. Now in Lyme Regis, site just about empty. What’s going on?
I agree with most of what you say Tam but I hadn’t been up North in Scotland since the back end of 2019 and was astounded how many vans are knocking about up there in April/May.The second hand market is stalling , only bargains are being bought. I hoight my new to me euramobil last month and i had 8 others on my ebay watchlist. None of them sold all ended unsold.
Last year they were selling easily. Dealers still asking way over the odds but fail to realise folk are now going abroad again , i got mine at a knock down price or i wouldn't have bought it
I think the market is about to collapse. We have noticed a really big drop in the number of people In Whitby midweek compared to last year but still lots of day trippers at the weekend. I think people are jetting off again we have 3 trips abroad booked this year. I think the staycation boom is over
Hope so SWMBO wants us to drive down to Murcia area for Christmas and New Year. Need some pitches freeing upI think they are all going back to Torramalinos and Beni on the packages.
That assumes that there will always be the same demand for motorhomes . I suspect that a lot of the secondhand value increases has been driven by the staycation market which is likely to reduce as quickly as it expanded. I think there will be a lot with a motorhome on the drive but returning to jetting offf on holiday after a while they're going to look at it and wonder why they're keeping it.Can't see the market dip, let alone collapse, for Derv motorhomes until viable, cost effective EV motorhomes AND enough charging points are available. And we won't see that for twenty years. Still a pretty good investment.
We're staying at York Caravan Park right now. The site is full and York is packed...if you haven't booked some of the restaurants in the City you won't be getting in this week...luckily Mrs CTJ sorted us on that frontWe were away to a very nice site in York at Easter and that was under half full!
That seems an amazing price for a whoosh bang. On the same page there is an A class for only a few pence more.Just seen on auto trader, Carthago whoosh bang 2021, 2,500 miles and yours for only 5 pounds short of £88,000 pounds. I suppose somebody will pay it, obviously still very much a sellers market. Will be hanging on to our A class for a while longer it seems.
James
they will give a toss when interest rates start flying north.When you say younger, as in how young?
There are plenty of banks out there ready to give loans out at fairly decent rates.
Most will only ask if you can afford the repayments.
I would be worried sick taking out a big loan but plenty of people dont seam to give a toss.
Oh god! When we bought our first house in 1976, the rates rose up to 15% and I think slightly beyond. It crippled us for a while. But since then, we always paid over on the mortgage every month, just in case.they will give a toss when interest rates start flying north.
remember todays youngsters have never seen interest rates hit 15% +
Have to agree with this.they will give a toss when interest rates start flying north.
remember todays youngsters have never seen interest rates hit 15% +