Why is owning a static caravan the WORST decision you'll ever make - Everything you need to know

[@mikeb53]

Its not the WORST decision you'll ever make, but its right up there, in my opinion alone of course, one must make up ones own mind. Static caravans are an absolute money pit nobody can deny that. Once you spend all the money buying them, then you pay rent on them every year anything up to 5 grand a year depending on where it is. Then you have utilities and council tax to pay, plus your insurance for it... Some sites close for 3 or 4 months a year, but still expect your monthly rental fee on those closed months just for the virtue of its standing there on their land. I'm happy to hire a static caravan. No problem at all I like them. But, personally, I'd never own one again.

[@essanjay8604]

The bottom line on statics is that they're a money pit. A nice thing to have if you're someone with a large disposable income.

[@LynLoves94]

How have I only just found this channel!

[@danielleblount1772]

dont let this woman down talk depreciation! you can buy a caravan for 15,000 with in a year theyll only give you back 5,000

[@myholidaycaravan8158]

Hiya, yes caravans do depreciate. Buying one is not the same as buying a second property, static caravans do not gain value. You can also privately sell your static caravan, which you can do on our website.

[@essanjay8604]

True. Some people get their money's worth by going to the van every weekend, but most don't because life gets in the way and there's always other things to do! You can end up spending 4 or 5 weeks in it at most depending on the naff British weather.

[@grahamshaw9316]

It's a very large waste of money just add up the cost of buying the van and the running cost with site fees over 10yrs say, then to be told your van has a 15 to 20 yrs life span and it's worth next to nothing at the end.

[@essanjay8604]

@grahamshaw9316 The best plan is to buy second hand and mentally write off the money you spend. Then it's not so painful if you decide you're not enjoying it as much as anticipated and want to sell!

[@markreynard6913]

What many people don’t seem to understand is you are not investing in something that’s going to appreciate, your are purchasing holiday time and memories if you have a family holiday abroad you’re looking at around 5k for a couple of weeks in a nice hotel, over a 10 year period many people will spend 50k and more, you don’t get any of that back. A caravan is no different to a car, it loses money the minute you buy it. Do your homework, look at family owned sites that have no maximum age limit on vans, some of these sites have vans on going back to the 1980s, if it’s your first static don’t pay daft money on a new one, look at 10/15k on used that have being well looked after, sit down and study the contract and total costs, speak to owners on the site, they will be honest. Be honest with yourself, is it the right site for you, how often will you use it. Many people comment that have never even owned a static. If you are smart and don’t just jump in but do the maths it can be an investment in those pressure memories.

[@delphinium5555]

Best thing ever.

[@markreynard6913]

The title was genius, pulled in all the haters. Made me laugh.

[@essanjay8604]

I'm definitely not a hater but I AM a realist and caravan ownership is an expensive hobby which can become a financial disaster should you not be able to keep the caravan for a good few years. In my opinion unless you can write off your initial spend without regret then you're better off not going down the static route.

[@essanjay8604]

It's a very expensive hobby. You have to go in with eyes wide open. People dont do enough research before they buy on the whole. Youhave to be prepared to take a huge hit if you change your mind a couple of years in.

[@inquisitive1911]

I nearly never watched it, due to the negative title. It is counter-productive, and adds on to the bandwagon of 'Oh no, someone else is criticising static caravans - read all about it previously - no point watching'. Video titles should be honest ...