2024 Caravan Market Crashed But Why?

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The Caravan Place

The Caravan Place

Күн бұрын

Пікірлер: 413
@alandavies1054
@alandavies1054 7 ай бұрын
I’m no expert but could it be that prices are dropping to more realistic prices because they were overpriced in the first place ?
@waltmcv
@waltmcv 7 ай бұрын
totally agree, dealers making hay while the sun shone
@davidlewins4631
@davidlewins4631 7 ай бұрын
​@waltmcv not really, it is all about supply and demand. During the pandemic the factories all shut demand increased while supply diminished those who would have bought new then bought second hand where there were less available, so second hand prices increased. Now new are available they are decreasing. For the new market it is similar but on a component level in and just after short supply pushed up prices now supply is better they are reducing so new prices can correct themselves.
@waltmcv
@waltmcv 7 ай бұрын
@@davidlewins4631 sorry but you are wrong, we bought a new to us in nov 21 and everywhere we looked said "thats the price, take it or leave it". and when we asked for a trade in for old van it was rock bottom. they wanted the best of both worlds, and thats a fact. i even went to 1 dealer who a friend of my wife had sold their's to, they had traded in a van with everything needed, but this dealer stripped everything off and wanted to sell used starter kits for even more profit. i think you will find a lot of people had the same issue's.
@waltmcv
@waltmcv 7 ай бұрын
@@davidlewins4631 sorry but you are wrong, we bought a new to us in nov 21 and everywhere we looked said "thats the price, take it or leave it". and when we asked for a trade in for old van it was rock bottom. they wanted the best of both worlds, and thats a fact. i even went to 1 dealer who a friend of my wife had sold their's to, they had traded in a van with everything needed, but this dealer stripped everything off and wanted to sell used starter kits for even more profit. i think you will find a lot of people had the same issue's.
@nigeljohnston1802
@nigeljohnston1802 7 ай бұрын
You got it - prices became so over inflated.
@kenscrackofdoom599
@kenscrackofdoom599 7 ай бұрын
You can stay in some B&Bs for the silly money campsites charge.
@thecaravanplace
@thecaravanplace 7 ай бұрын
Yes it has gone crazy with a lot of sites.
@CosmicSeeker69
@CosmicSeeker69 7 ай бұрын
ain't that the truth!!!!
@TheAjc999
@TheAjc999 7 ай бұрын
I still pay less than 20 quid a night including electricity and water. Use my own shower and toilet though
@Thomas-g5t2k
@Thomas-g5t2k 7 ай бұрын
We do that now it’s cheaper
@Youtube_deleted_my_favourites
@Youtube_deleted_my_favourites 4 ай бұрын
Who wants to stay in a grotty b n b?
@chrisk1732
@chrisk1732 7 ай бұрын
The ‘ MOTOR HOME ‘ MARKET IS THE NEXT IN LINE to see a substantial price drop supply & demand is the major factor
@markpoole5136
@markpoole5136 7 ай бұрын
Greed always come back to haunt dealers feel sorry for the ones who bought there van at an inflated prices
@thecaravanplace
@thecaravanplace 7 ай бұрын
Its a tough one, dealers couldn't supply the demand during covid, and when the demand drops they then have the stock, this is a big part of why some dealers will go bust, they couldn't make the money during covid, so never really benefited hugely, but now demand has dropped they suffer too.
@markpoole5136
@markpoole5136 7 ай бұрын
Yes demand has dropped because people have seen sence it did not just happen in your industry it was everythink wood fence panals cars motorhomes; what did it do push up inflation less money in peoples pockets resulting in interst rise that has an effect in people getting loans at low rates to buy caravans ect @@thecaravanplace
@keepitreal1547
@keepitreal1547 7 ай бұрын
​@@thecaravanplace A dealer local to us have done more than good out of their greed. Owned by four family members who've each bought matching brand new top of the range 4x4's. Their profit margins have been huge since the start of Covid, they made a huge £6k profit on the van they bought from us...now though they're hardly selling anything.
@daletinsley2954
@daletinsley2954 Ай бұрын
​@@keepitreal1547 which dealership is that then
@stanleystone8636
@stanleystone8636 7 ай бұрын
The prices on caravan sites is extortionate You can go abroad for the money they are asking for a week Ridiculous
@neilgriffiths3042
@neilgriffiths3042 7 ай бұрын
Camp sites have increased their prices and installed electric meters !!! So I think people are hanging on for the time being !
@thecaravanplace
@thecaravanplace 7 ай бұрын
Yes, hopefully sites can return back to normal too, but costs need to come back down. With wages about to increase its another blow that will unfortunately increase prices or stop a drop in site prices I feel.
@paulmayle4374
@paulmayle4374 7 ай бұрын
about time regarding electric meters, the 'ive paid for it ' brigade are reaping their rewards of selfishness 🤣
@sabastian4858
@sabastian4858 7 ай бұрын
People have figured out that anything made since 2019 is a shitbox.
@scoobyflew
@scoobyflew 5 ай бұрын
Went to the show at the NEC and the manufacturers are charging £25K for entry level, £30+ for mid range and £45K for luxury, which are CRAZY prices and I'm boggled people are paying those rates.
@Ma-fh9on
@Ma-fh9on 7 ай бұрын
Bubble had to burst prices we're so over inflated it was crazy
@thecaravanplace
@thecaravanplace 7 ай бұрын
This is true 👍
@marilynrobertson4260
@marilynrobertson4260 7 ай бұрын
Caravan prices have increased a great deal. Site prices have increased considerably as well! Maybe they are pricing themselves out the market.
@mikeolly67
@mikeolly67 7 ай бұрын
It seemed that new vans shot up in price after covid , more than was proportionate to the manufacturers costs. A good example is Adria , we ordered a new altea start of 2021, 18 months later the price was over £8000 more. The van we brought would have been out of our price range if we hadn’t ordered it when we did. Obviously a £8000 increase is far more than adrias manufacture and transport costs increase .
@garybird8646
@garybird8646 7 ай бұрын
You've got an Internet browser go see how much raw materials spiked during and after covid. Trading economics website is a good start.
@philldownes8685
@philldownes8685 7 ай бұрын
yes it was dealer greed. and an adria is only a cheapo caravan. how csan they justify an extra 8 grand ? materials would still be the same stuff in the yard at the beginning of covid. i remember the manufacturers complaining because they had factorys full of materials and nobody allowed to go to work.....
@thecaravanplace
@thecaravanplace 7 ай бұрын
All good points, but everything went crazy in price.
@steamdrivenandy6880
@steamdrivenandy6880 7 ай бұрын
Don't forget that the £ has slumped against the Euro and that will have hit the cost of imported vans like Adrias. So it's not just manufacturing and transport costs in there.
@nickwhite6066
@nickwhite6066 3 ай бұрын
I had a 2016 caravan,when I sold it got £5000 more than I paid for it in 2022
@jaffaholland4039
@jaffaholland4039 7 ай бұрын
We bought a caravan to enable us to go on holidays as a family, we did not plan to sell, still don't, lots of reasons why people sell, but I think if you keep it and enjoy it, then it's a great investment
@thecaravanplace
@thecaravanplace 7 ай бұрын
Spot on, if you don't have it, you don't have a holiday, or the alternative is pay for a week away and only have a few pictures after.
@jockserb3405
@jockserb3405 7 ай бұрын
Undoubtedly, this is not an investment. Let's be honest, the dealers have deceived you. I sympathize with all those buyers who were taken advantage of.
@jaffaholland4039
@jaffaholland4039 7 ай бұрын
@jockserb3405 depends on what you call an investment, financial investment totally agree a caravan is not an investment. Investment in family time, the ability to go on short and long breaks in an affordable way, a place that memories are made, then so far our caravan has been a phenomenal investment.
@saraeb59
@saraeb59 7 ай бұрын
It’s because of our bloody weather ! People want to go to the sun ☀️
@Sunshine-Light
@Sunshine-Light 7 ай бұрын
Total Sales Jargon….. Caravans are a depreciating assets which means they devalue over time, on average 20% per year for 3 years and thereafter 10% …. The caravan consumer is typically working class client who more often than not cannot afford a Camper van, because of price gouging during Covid by dealers, consumers are voting with their feet and staying away because of excessive costs of caravan parks and insurance costs. It’s basically the Law of Diminishing returns. ❤❤❤ He’s a good Del Boy 😅
@johnburton2534
@johnburton2534 7 ай бұрын
i,ll stick with my 1995 avondale harrier, just serviced and ready for another 29 yrs. everything works and tows like a dream. nice vlogs indeed caravan place.
@roberttaylor465
@roberttaylor465 7 ай бұрын
Surely the price drop over 12 months is due to the van being older, besides that the market of used vans is being saturated with vans from the result in covid purchased vans by people who weren't going abroad at the time, demand then put prices up so now there's obviously going to be a fall back to norm. As in the car trade the rise in interest rates have put people off buying, this does affect what you can charge, no one who is a experienced caravan owner is prepared to pay covid tax on top of high interest rates.
@thecaravanplace
@thecaravanplace 7 ай бұрын
Thanks 👍
@andrewrobinson8447
@andrewrobinson8447 7 ай бұрын
10% drop in value for a caravan that's a year older. Doesn't sound like a crash to me.
@claudiushempstead9893
@claudiushempstead9893 7 ай бұрын
Campsite costs. Fuel costs. Clogged up Roads. Poor Road surfaces. High interest rates. Much cheaper to stay in Hotel or B and B.
@MegaFred8888
@MegaFred8888 6 ай бұрын
Try booking in with kids and a dog and need entertainment. Hotels and B+B are boring.
@polla2256
@polla2256 2 ай бұрын
​@@MegaFred8888air BnB is definitely not boring, as somebody with a wife, a child and dog I can say we've had great times on the Pembrokeshire coast.
@Dawnmorning668
@Dawnmorning668 7 ай бұрын
I was a caravanner for over 30 years. In my view whats happened in the caravan world. Anybody with the right car could tow a caravan. Not now over a certain weight ! You have to take a towing test ! .This has put alot of younger people of caravanning. I used to go away for a month at a time using a leisure battery, now everybody wants electric hook ups micro waves, a tele and so the list goes on. Narrow boats holidays have gone the same way. Where Caravan holidays were cheap not anymore. Young families could buy a cheap van and go away for their holidays . How times have changed...
@thecaravanplace
@thecaravanplace 7 ай бұрын
No More towing tests, it changed a couple of years ago so anyone can now tow. 👍
@whatsmining9917
@whatsmining9917 7 ай бұрын
The new ones are rubbish quality
@davidday2947
@davidday2947 7 ай бұрын
It across all caravan industries caravan site fees up a lot, tow cars gone up stupid prices if you can get one electric car are useless for towing I am on my last year warranty for my elddis which has put me off buying another one so I am running it down till scrap same as my mondeo estate nowv14 years old only 88thousand miles tha will last me another 10years I been caravaning since 1974
@thecaravanplace
@thecaravanplace 7 ай бұрын
Thanks David 👍
@sarahann530
@sarahann530 7 ай бұрын
You don't really go anywhere with that caravan and Mondeo.
@ontheroadagain7360
@ontheroadagain7360 7 ай бұрын
There is a major correction coming in the motorhome market. Eight year old motorhomes being advertised for more than what they cost new is not a normal situation. We bought a new Elddis motorhome in 2016 for £39K. New price today is over £65K which is well above the rate of inflation. A number of 2016 models of the same motorhome (now eight years old) are currently for sale on Autotrader for over £40K!!!!!
@DaveFinch435
@DaveFinch435 2 ай бұрын
When we were kids caravanning was cheap and that’s why it was so popular. It’s as expensive now as any other option of holidays. You need a massive car, running costs on the car, vans are ridiculous on the pricing and campsites are way to expensive, that’s the reason it’s gone to the clappers.
@KKandEV
@KKandEV 7 ай бұрын
Been well overpriced for 3 years now. Everyone is going abroad now after COVID. Motorhome are the same. Values have dropped 25% over the last 2 years. Cost of fuel is also an issue.
@paulinehood5526
@paulinehood5526 7 ай бұрын
The costs of caravan sites is outrageous, cost of pitch, additional persons, awning charge, pet charge, electric charge and additional car charge makes caravaning too expensive for families. Cheaper in a B&B. On top of that the inflated cost of the unit and them maintenance and repair, if your caravan is older the cost of parts is frightening, a small toilet skylight for my 2006 elddis £300 just for the part.
@Dusty2feathers
@Dusty2feathers 7 ай бұрын
Several reasons. Supply and reduced demand. Over inflated dealer prices. Loads of issues with water ingress from Elddis, Bailey and swift. Coachman always at the top of the list for quality. No choice anymore with only 4 major British manufacturers. Adria blasts them all out of the park for quality and longevity.
@ragemachine4991
@ragemachine4991 7 ай бұрын
Towing of caravans by EVs are to be included in new legislation due to the combined weight of EVs and caravan which would prohibit larger heavier caravans been towed, apart from the obvious poor range and charging infrastructure, the net zero dream strikes another own goal in Great Britain's leisure industry.
@thecaravanplace
@thecaravanplace 7 ай бұрын
I am not sure the EV will still be a thing of the future.
@davidadams5116
@davidadams5116 7 ай бұрын
Caravans will be finished once EVs take over the roads. Their range drops so much towing a caravan its not worth it. Try getting on a charging bay with an attached van. They literally won't be able to give them away in 2035 or before
@stephenroads8797
@stephenroads8797 7 ай бұрын
I do think another of people are not happy with the big increase in fees for some sites also people are being charged for dogs I recently saw a site charging £5 a night per dog this is just my personal thoughts.
@jonathandeeley6276
@jonathandeeley6276 7 ай бұрын
I think the Caravan industry is no different to the rest of the leisure Industry, retail motor industry or indeed everyday commodities such as food shopping. Obviously Covid has had a major impact on the supply of new Van's, Cars etc and the shortage of labour and raw materials but greed plays a big part of this! Somebody somewhere sees the problem as a way of making a quick buck by hiking up prices particularly in the used markets and as long as the public is willing to pay those inflated prices they will sell. When the public says we've had enough of this and we're not willing to pay these prices anymore the prices will drop back down again. The marketplace runs on what it thinks they can get away with charging to us the public. Take your weekly shop, I go into Sainsburys weekly and have noticed since Covid that some prices have escalated by 100% on a lot of items I buy. Has inflation really increased in that time by 100%? No it hasn't. In a nutshell, those retailers/manufacturers in any of the markets that start to go out of business rightly deserve to, they only have themselves to blame. Have you seen the cost of B&Bs lately? Pre Covid I was paying around £40 per night for a single room in a bog standard B&B, now these same people are asking for a £100 plus, pure greed!🤔☹️
@thecaravanplace
@thecaravanplace 7 ай бұрын
Everything has to come back to a normal, it's now finding the normal, some things are still not going to move much, a lot has happened in the last few years, just minimum wage on its own has increased by nearly 35% since 2020. So costs can only come down so far.
@JasonRigby-e3d
@JasonRigby-e3d 7 ай бұрын
Greedy dealers deserve to go bust
@SamMorrison-o6q
@SamMorrison-o6q 7 ай бұрын
Am sure their staff would agree
@alinvlaic191
@alinvlaic191 5 ай бұрын
The reason the prices have dropped is people don’t have money and this country is going down, don’t be afraid to say it…,,
@myozone
@myozone 7 ай бұрын
It's just boring bland beige fibreglass boxes all look the same. Expensive to buy, insure and keep. You need a larger car too. When it comes to AirB&B workout far cheaper, the goes for same motor homes unless your fulltime.
@davestationuk7374
@davestationuk7374 7 ай бұрын
Because after covid they went super greedy Now things have calmed down Buyers are thinking nope
@philiprothwell291
@philiprothwell291 3 ай бұрын
I always wondered why the U.K made caravans are not so popular in Australia The "bad to shocking" roads here would just Kill them too quickly (due the materials and designs used) as even the locally made dual axle Caravans can get badly damaged when the wet weather destroys the B roads. And all that sloped and skylight style of glazing and lack of air conditioning would be like an oven 9 months of the year here. Beautifully finished vans in the U.K though and at least half the price of what we have to pay for that size.
@CaravanWithThatYorkshireChap
@CaravanWithThatYorkshireChap 7 ай бұрын
Prices dropping, I wish. The 2024 Basecamp 2 is now 25k. Before the pandemic they were about 17k & that was the plus spec. Less is more I think 🤨
@gwentman
@gwentman 7 ай бұрын
Hi Mark, I love your channel, have you done a review of fitting or adding Wi-Fi to the caravan
@thecaravanplace
@thecaravanplace 7 ай бұрын
Not yet! 👍 Will see what we can do.
@oliverthegreat201
@oliverthegreat201 7 ай бұрын
Caravaning has always been to expensive ……in other words a rip off
@billy.b652
@billy.b652 7 ай бұрын
Try buying a static. You’ll need to be seated when the greedy site owners offer you what you bought it for. You’ll be lucky to get blow on a rag mans trumpet for it. The depreciation is phenomenal.🤨😤💰💰💰
@richardjones3112
@richardjones3112 2 ай бұрын
They are just gangsters.
@colinharvey1049
@colinharvey1049 7 ай бұрын
1) As long as those people who bought last year out right in cash they are ok but if people bought on loans or PCP their now be in negative equity. 2) I don’t think the full market cycle has complete the motor home market will get hit as a) people are still reducing spending b) production exceeds demand c) people who bought in during COVID return to their old holiday routines and try to offload their purchases.
@thecaravanplace
@thecaravanplace 7 ай бұрын
Yes everything has to settle as some point. 👍
@bertiewooster3326
@bertiewooster3326 7 ай бұрын
As a vagrant i was wondering if these vans are left unlocked at night cos i could kip in them can someone let me know? ( i won't use the toilet)
@philipmorgan6048
@philipmorgan6048 7 ай бұрын
Use the toilet. just don't flush it.
@BluejuiceT4
@BluejuiceT4 7 ай бұрын
Im a caravan/motorhome valeter in Devon and ive been valeting alot of caravans for customers to sell. Main reason i am seeing is the families just havent got the spare cash for an expensive luxury. The people who have the cash like the retirement age group seem to be riding it out.
@thecaravanplace
@thecaravanplace 7 ай бұрын
We saw a drop in families buying last year, but a positive start so far and more interest from families.
@keepitreal1547
@keepitreal1547 7 ай бұрын
Since selling our van to a dealer & the dealer making a huge profit from it, we've been looking at getting a motorhome. There's some dealers that are still over pricing & others that are open to sensible offers, indeed there's a dealer in your part of the country that's told us the market is extremely quiet & are wanting to deal with anyone ready to buy. On asking how much off an advertised £39,995 used motorhome, they've said they can reduce it to £34k. They're desperate for sales.
@richardkirk9421
@richardkirk9421 7 ай бұрын
Hi mate just thought I'd get your opinion on prewash for a van in storage covered in algae, would an apc be safe for the windows at a 20.1 or 10.1 dilution...thanks
@BluejuiceT4
@BluejuiceT4 7 ай бұрын
@@richardkirk9421 I always do a pre spray around with Autoglym Clean All (apc) doing the panel I am about to clean. Just do not let it dry. I tend not to spray direct onto the windows. I have also used Rhino Goo Caravan cleaner with good results
@terrymoney9718
@terrymoney9718 7 ай бұрын
Courtesy of rip off energy prices and food prices
@MyBrainsOnFire
@MyBrainsOnFire 7 ай бұрын
Everything is overpriced and people just dont have the money to buy stuff, its all industries, price deflation comming
@drummond630
@drummond630 7 ай бұрын
Caravans are dropping in price because the site prices are too high. You can go abroad now for the price of 2 weeks caravaning.
@johnwiles2347
@johnwiles2347 2 ай бұрын
Its all relative the fact that matters is unless your a new buyer is what it costs to change that is the measure.
@paulmayle4374
@paulmayle4374 7 ай бұрын
Because all the idiots that bought a caravan in covid times and double booked all the pitches are now selling them because they can go abroad again🤣
@Markdmarque
@Markdmarque 7 ай бұрын
People bought them during the past 3 years with the scare situation limiting travel and now don't want them!!!
@joemac6796
@joemac6796 7 ай бұрын
The only thing the caravan companies are dropping is the covid tax…they made an absolute fortune when people couldn’t go abroad and had a staycation in Britain ..let’s have it right the caravan companies are still quids in even after these reductions…motorhomes are still going at £20,000 for a 20 year old motorhome ….all wrong …
@wendyholmes3445
@wendyholmes3445 2 ай бұрын
We have been members of Caravan and Motorhome club for 48 years, site prices now far too expensive. Families being priced out .
@mmartin4978
@mmartin4978 7 ай бұрын
Older caravans are worth less, or am I missing something
@martynwylde288
@martynwylde288 7 ай бұрын
they are a place to eat and sleep they do not need to be a palace on wheels,too much crap in them
@xfire7
@xfire7 4 ай бұрын
Campsites are getting greedy , minimum facilities and overcrowding.
@karlbratby4349
@karlbratby4349 22 күн бұрын
6 months on from your video, seems prices are still rising and dealers deals are very poor even though they seem to have a lot of stock, to buy a base model 2 berth bailey gt75 420 small van for 23599 and seems 2025 has no update and prices will be £24500 WTAF, its crazy
@thecaravanplace
@thecaravanplace 21 күн бұрын
The Nec in October maybe a great place to get a deal on one. Not many 24s available but dealers will be keen to sell the 2025s. 👍
@fredfox1764
@fredfox1764 7 ай бұрын
ive never heard so much BS since i watched sky sports news
@bazza224
@bazza224 7 ай бұрын
Electric cars won’t pull them. So useless the future for these are ending.
@thecaravanplace
@thecaravanplace 7 ай бұрын
I think electric cars will end before the caravan. Or electric charging as we know it anyway. Watch this next few years.
@bazza224
@bazza224 7 ай бұрын
@@thecaravanplace Yes agree. My feeling it’s more to do with restricting the movement of the average person. They know EV’s will fail in bulk and will be aimed at the rich. Car manufacturers are suffering at the hands of governments. (Control) that my guess🙄
@suegrabbitandrun
@suegrabbitandrun 7 ай бұрын
they all seem expensive-whats he got for 2k ?
@kennethwebb4385
@kennethwebb4385 4 ай бұрын
The vans wete 12months newer ..hence more costly
@mikecollins6802
@mikecollins6802 2 ай бұрын
Could it be the vans are 12 months older
@maddogracing6975
@maddogracing6975 7 ай бұрын
I was in #Brownhills at weekend having service never seen it so full of vans and motorhomes for sale… to replace my 2 year old van now for exactly small model it would be 20k more absolutely ridiculous servicing has also gone up it’s the last time I will be visiting will be using independents for hab checks and servicing in future..Second Motorhomes and vans have got discounts but they are still overpriced you mentioned some dealers may be going under it will be same for motorhome dealers sat with massive new stock no one buying.
@ianburdekin7686
@ianburdekin7686 Ай бұрын
Another industry that shafted the consumer during the covid years with over inflated pricing and rubbish aftercare due to “ shortages” of components. I currently work in the Cycle industry , which is seeing similar price / supply and demand issues … Basically it boils down to really bad business planning .. not having the forward looking vision to see that what happened during COVID and the following years was false .. Manufacturers happy to snap up the sales during the boom ..Now their dealers are sitting on too much stock at over inflated prices ..
@thecaravanplace
@thecaravanplace Ай бұрын
Crazy 👍
@oldmanonamission8055
@oldmanonamission8055 7 ай бұрын
Well, it's a year older so you are going to lose money on it. Next year it will be cheaper again I would have thought you would have known this being a businessman You weren't hoping it would go up in value where you?
@thecaravanplace
@thecaravanplace 7 ай бұрын
For the last 2-3 years we have had a bubble prices used/new increasing, same as everything else, it had to burst at some time. 👍
@russelhopkins545
@russelhopkins545 7 ай бұрын
Wouldnt give 10pence for a road blocking snail !
@thefella131
@thefella131 7 ай бұрын
Its because of the prices they charge to park up now. Thats put me off now.
@daviddavies2072
@daviddavies2072 7 ай бұрын
Caravaning use to be cheap and cheerful, not anymore, ?
@thecaravanplace
@thecaravanplace 7 ай бұрын
You can still find cheap sites, but depends what you want. If you want all the facilities you have to pay, but if your happy with a field and toilet block, you can still go very cheap. 👍
@daviddavies2072
@daviddavies2072 7 ай бұрын
@thecaravanplace thank you , yes a field, toilet, and a base caravan, are all one needs , thank you 👍🇬🇧
@Speedking2022UK
@Speedking2022UK 7 ай бұрын
Times are over for ripping people off we’ve all had enough bring your prices down or go bust
@allenmclaughlin5283
@allenmclaughlin5283 7 ай бұрын
awe poor dealers rip of prices coming to an end now well will just have to start competing for business again like everyone else out there
@thecaravanplace
@thecaravanplace 7 ай бұрын
Dealers never made bigger margins during covid, we had to move with the market, prices were driven by, little choice, raw materials to build new, massive inflation and low interest rates. It wasn't healthy and a return to normal is welcomed 👍
@allenmclaughlin5283
@allenmclaughlin5283 7 ай бұрын
well nice to know thank you for your reply and i am sorry for making assumptions good luck for the future @@thecaravanplace
@MadMax-xu7ij
@MadMax-xu7ij 7 ай бұрын
Best to wait for the crash its coming in time ..just rember new cars drive of four court you lose a third vale . Drive off with a caravan and you lose a third as well.....wait for the crash 15 k van pick up for 9k
@thecaravanplace
@thecaravanplace 7 ай бұрын
I like you optimism. Sometimes we miss out on life if we wait for things to happen or worry about what if. 👍
@nickdoughty518
@nickdoughty518 7 ай бұрын
There's a glut of secondhand caravans too. Our local dealer wouldn't even look at ours last Autumn.
@jockserb3405
@jockserb3405 7 ай бұрын
I believe that you have been deceiving us regarding the events that transpired from 2019 to the end of 2023, profiting from inflated prices of caravans and motorhomes. The substantial earnings led you to expand to another location, but now the situation seems dire. Despite the significant profits, I hope it will be enough to salvage your business amidst the impending challenges ahead.
@thecaravanplace
@thecaravanplace 7 ай бұрын
We have actually not done any better or worse with covid times, if we could have got the stock, and had the staff then yes we could have done pretty nicely, because the way things were selling was silly. Everyone has this idea that manufacturers and dealers have ripped everyone off during covid. Dealers made the same profit margins as before covid, we were just paying more for the stock. And Elddis are cutting their workforce by 40% as they actually lost 4.5M because they couldn't produce enough to cover costs.
@DavidJohnson-yg8qm
@DavidJohnson-yg8qm 7 ай бұрын
Caravans are a luxury item, people generally are struggling to live, plus it is getting harder to find a place to stay.
@peteroffpist1621
@peteroffpist1621 7 ай бұрын
Sales will drop all 2024 and 2025 because of interest rates. Too much inventory and too many used of any thing that are for sales.
@jamestopeka2236
@jamestopeka2236 5 ай бұрын
How much for a new caravan single axel ? And do you know the cost to ship to America 🇺🇸 ?
@thecaravanplace
@thecaravanplace 5 ай бұрын
I'm not sure but seems like there is a demand from comments 👍
@ANYTHING-AND-EVERYTHING.
@ANYTHING-AND-EVERYTHING. 7 ай бұрын
I wonder if excess deaths and extra disability in the uk is having an affect, lots more people having strokes and blood clots etc, not just in the uk but across Europe qnd the west. Dr John Campbell on You Tube has beed discussing the increase in deaths and blood clots in his last few videos. More people suffering disability or sudden death will also see people giving up on their caravans leaving more stock which could also lower prices, especially as its all about supply and demand...
@nemian618
@nemian618 7 ай бұрын
Caravan prices are dropping all over Europe. The demand is no longer there. Prices will continue to fall as there will be a glut of second hand private sales in the years ahead. Also family caravan holidays are no longer affordable.
@anthonylong6403
@anthonylong6403 7 ай бұрын
What a load of claptrap - market hasn't "crashed" as you suggest - the vans you featured in this vid are simply a year older than they were last year and as a consequence the prices have reduced !! Just the same with the used car /bike market - the price reduces as the vehicle becomes older!!
@PaulDean-y5o
@PaulDean-y5o Ай бұрын
A 2k drop in a year is normal, surely? Depreciation is about that.
@thecaravanplace
@thecaravanplace Ай бұрын
Yes back to normal pre covid. 👍
@janee9890
@janee9890 7 ай бұрын
Great video! I really like your style - the running narration about the market whilst giving us a great preview of lots of vans without stating they have cupboards you can put things in & a stove you can cook on, etc. Lots of info and in a quite timely manner with a pleasant non screechy voice/accent. Good camera work too. Well done the pair of you! 😄😄
@thecaravanplace
@thecaravanplace 7 ай бұрын
Not sure about the accent bit 😂😂😂😂
@janee9890
@janee9890 7 ай бұрын
Hahaha, I should have added that I'm an Aussie & nearly all the caravan/RV ads we seem to get are from the US with rabid salesmen speaking in extremely excitable high pitched screeches, whereas your voice was so smooth and easy to listen to. It may also be influenced by my having a British mother so I naturally prefer a British accent! 😂
@stuwhite2337
@stuwhite2337 7 ай бұрын
£20k for a caravan 😮😮
@aceofspades5786
@aceofspades5786 7 ай бұрын
£50-60 a night airbnb smokes this
@colinjones2505
@colinjones2505 7 ай бұрын
I think our pretty dire climate isn't helping. I had to cancel 2 trips late last year due to storms and snow, which then brings the question int why bother keeping it, never mind buying another one. I DID venture out on my own into N.Wales for NYE, and really wish I hadn't. Got stuck in the mud trying to get out on NY day, and I thought the howling storm and continuous torrential rain was going to sweep me away during the previous night.
@thecaravanplace
@thecaravanplace 7 ай бұрын
Some people would pay good money for an experience like that. 😂🙈
@FromMetayou
@FromMetayou 7 ай бұрын
A 4x4 with bed in soon as u mention Wales in winter with diesel heater no way I would take a caravan lol
@kevindaniels5916
@kevindaniels5916 7 ай бұрын
It's dropped by £2k because it's 12 months older.
@overviewconcepts7801
@overviewconcepts7801 7 ай бұрын
It’s like an advertisement from the fox in the chicken coop
@terryfoster1706
@terryfoster1706 7 ай бұрын
Regarding caravan site prices, similar thing happened 30 odd years ago when the sites became greedy, It was far cheaper for a family to holiday abroad to the "del sols" than camp for a fortnight in the uk.
@terryfielding8836
@terryfielding8836 7 ай бұрын
Great video Mark. Any market doesn't keep rising and rising, there has to be a levelling off point somewhere and this is usually preceded by a drop in prices. It will be good to get back to a normal market place but unfortunately some of us will lose money if we bought at the peak. We all accept that when you buy a new car your trade in/ resale price will be lower than you paid for it and this is really no different in the caravan market.
@thecaravanplace
@thecaravanplace 7 ай бұрын
Well said! 👍
@leecromer3289
@leecromer3289 7 ай бұрын
Agreed, buying new, straight away resale price much lower as soon as you take it off the forecourt, but it was the new sale prices that were overly inflated…as Gordon gecko said “greed is good”…
@PKSiAMiAM
@PKSiAMiAM 9 күн бұрын
As the younger generations who cant tow much on an ordinary licence cant afford to even consider a caravan. This is killing the demand.
@thecaravanplace
@thecaravanplace 9 күн бұрын
@@PKSiAMiAM you are allowed to tow a caravan upto 3500kg, even if you passed your test after 1997. You now have B+E entitlement even if passed after 1997.
@thecaravanplace
@thecaravanplace 9 күн бұрын
@@PKSiAMiAM www.gov.uk/towing-rules/y
@jonnywayner
@jonnywayner 7 ай бұрын
Motorhomes next. Vw prices dropping now
@bengun1
@bengun1 7 ай бұрын
Isn't a 2k drop in a year on a 20k caravan mostly down to depreciation?
@richjones5432
@richjones5432 7 ай бұрын
In my opinion, after Covid there was a knee jerk reaction to foreign travel & people with no real idea rushed out & bought Tents, C/vans & Campers. After that its just supply & demand. The builders over produced to match the market but the market returned to its old habits. Now they will all be holding too much stock, which they have to pay for after 28 days. So with a 2K discount offered I will be puching for a 5K price slash this next month. I might not get it, but I will be pushing for it. Hope everyone else takes the same approach.
@glynluff2595
@glynluff2595 7 ай бұрын
I think the attraction is falling for this type of holiday. I sold my auto home two years ago after 12 years. Why go to ever more cramped sites on ever more cramped roads to areas where you are becoming less welcome. In addition I think there is a ridiculous level of sophistication in modern equipment. It is like many hotel rooms; what are you hiring or buying? If you go to many of the districts of Britain you see more and more reduction of community facilities such as pubs, restaurants, visitor attractions with shorter months of opening. It is disappointing for many people who are less willing to make such a substantial investment from often a declining income. I think the dealers who survive will be those who identify a sector of the market and stick with it. Yes there will be those who go elsewhere but if you say there is market contraction and you are serving this particular sector you will probably get more attention of the market by being pragmatic and sensible. Some sites are like supermarkets, if you have too many items of too many styles you confuse your customers and confused people do not spend money they go away to consider.
@thecaravanplace
@thecaravanplace 7 ай бұрын
Very true 👍
@northernengland
@northernengland 7 ай бұрын
Its all being controlled Mark, kicked off by the toilet roll charade, the question is where is it all leading to, were all living on borrowed time.
@thecaravanplace
@thecaravanplace 7 ай бұрын
True 👍
@ANYTHING-AND-EVERYTHING.
@ANYTHING-AND-EVERYTHING. 7 ай бұрын
Do you think the price drop could be as people purchase smaller cars, I myself have gone from a skoda Octavia diesel to a fiat 500 electric. Also notice my neighbours cars have got smaller over last few years, with them going from Mondeo size cars to smaller Peugeot and Corsa sized cars, also got a neighbour that have completely given up driving as money has gotten tighter. Also have to think of the impact as governments push net zero and try to get people out of their cars and onto public transport, or at least that's the plan....
@RollingwithTheRobsons
@RollingwithTheRobsons 7 ай бұрын
Intersting Mark. I know some are going bust and I know of one big company who has had their credit lined revoked. That will hurt prices more as the administrators will sell off the vans to reclaim the debt. We are considering coming back in. Issue is people private still want same money. I am just going to offer bottom prices and see if anyone bites.
@thecaravanplace
@thecaravanplace 7 ай бұрын
The more over priced vans on the market, the less get sold. At some point they have to realise the prices have dropped.
@onelcrapo5360
@onelcrapo5360 7 ай бұрын
what a load of crap
@mrwrighty6425
@mrwrighty6425 7 ай бұрын
Slightly off topic, but I saw that van layout at the NEC show last week, Who in their right mind puts the bathroom in the middle of the van so you have to walk through it to get to the bathroom. Anyone who wants to get to or from the bedroom has to pass anyone straining on the bog. You can't even close off the toilet with a door from anyone walking through.
@pujapete3665
@pujapete3665 7 ай бұрын
buy a tent
@dantownsend4246
@dantownsend4246 7 ай бұрын
More complicated to travel to EU countries, upcoming visa requirements , longer queues at Dover and shorter stays.
@alyssaoconnor
@alyssaoconnor 5 ай бұрын
It’s good to see the prices going back down for you all. New Caravans as well as used are still massively over priced in Australia due to the COVID holiday craze and rental property affordability issues, hopefully our prices are not too far behind you.
@alancameron8393
@alancameron8393 7 ай бұрын
How much would you expect a caravan to drop in price in a normal year - it is a year older... ?
@thecaravanplace
@thecaravanplace 7 ай бұрын
It was around £1000-£1500 pre covid.
@alancameron8393
@alancameron8393 7 ай бұрын
Thank you@@thecaravanplace
@stephensalt6787
@stephensalt6787 7 ай бұрын
When a fully serviced pitch is £40- £50 per night and you can get a hotel or b&b for £70 per night why the heck would anyone want to drag a big aluminium box at 60mph using a third more fuel versus 70mph solo, it makes no sense. I’m an ex caravan owner. As for the motor home market🤦🏻
@taffytop
@taffytop 7 ай бұрын
People don't want all the faff of towing caravan
@PKSiAMiAM
@PKSiAMiAM 9 күн бұрын
Not true. Lots of people can't and would have to do an additional test to be able to.
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