How much could you have to spend on a new RV, caravan or even horsebox? Our finance calculator can help, but remember that, before you take our loan calculator as gospel, you’ll want to factor in the other costs associated with vehicle ownership. Here’s our guide.
Static caravan finance calculator
The ability to have a home from home in the forest, by the sea or in the hills – somewhere you can escape to every weekend if you wish – is a huge part of the appeal of owning a static caravan. Loan calculators can help you understand how much you’ll be able to borrow to fund the caravan itself, but bear in mind you’ll also need to consider:
- Site fees – these can vary enormously depending on the size, facilities and location of the park, but you’ll want to know these in advance to avoid any nasty surprises
- Storage (usually included in site fees – but not always)
- Local authority charges (caravan parks will often divide these amongst their static caravan owners)
Used static caravans tend to start around the £10,000 – £15,000 mark. New models naturally vary wildly in terms of features (and therefore cost) but if your static caravan finance calculator nudges above £35,000 or more you’ll have enough to start looking at new models.
Touring caravan loans calculator
The good news is that, whatever figure our UK caravan finance calculator arrives at, you’re likely to find a caravan to suit. You can find older, smaller caravans available for under £1,000.
If the caravan finance calculator arrives at a figure between £8,000-£15,000, you’re likely to find large, spacious and modern caravans with a vast range of features, and in good condition.
For brand new models, you’ll need the caravan finance calculator to hit £15,000 or more.
In addition, you’ll need a vehicle capable of towing the caravan, and bear in mind the cost of:
- Storage (if you don’t have a driveway big enough to accommodate the caravan)
- Tow bar (a one off cost that starts at about £150)
- Site fees
Motorhome loan calculator
It’s not always a simple task to gauge the costs associated with buying a motorhome. As with most vehicles, age and condition will have a major bearing on the price, but add a VW to the front of your motorhome and the loan payment calculator will need to reach considerably higher than it would for, for example, a Renault or a Fiat.
In general, however, you’ll find that older used models will need an available budget of £2,000+, VW campers (even old ones) can double that, and modern, spacious models will need the motorhome finance calculator to reach at least £15,000. You really can get a lot for your money in the used market if you have around £20,000+ to spend.
Additionally, you’ll need to be prepared for:
- Site fees
Road tax is likely to be higher than for your average car, although depreciation tends to be lower, which means that, depending on mileage, your camper can be something of an investment too.
RV finance calculator
A new model will need the RV loan payment calculator to nudge to at least £40,000. Used models can start considerably below that, with nearly new RVs available at around the £25,000. Given everything you get for your money, that’s something of a bargain.
In addition to the RV financingg, your loan calculations need to bear in mind:
- Site fees
- Road tax
- Storage (on the assumption few homes have room to store an RV).
Horsebox finance calculator
First, there’s the decision of whether to opt for a horse trailer or a horsebox. For a horse trailer, prices typically start at around £2,000 for decent used models. For motorised horseboxes, the variance can be staggering, with simple, older models starting from around £10,000, larger RV-style 7.5t horseboxes starting at £20,000 and luxury models more than doubling that.
Additionally, you’ll have to pay:
- Servicing (always look for a horsebox specialist)
- Road tax
- Storage (if you’ll be keeping the vehicle away from home)
- Tow bar (for trailers)
More for your money
Use our caravan, motorhome/RV or horsebox trailer loan calculator online and you could give yourself greater bargaining power when it comes to buying your vehicle. Agree your finance with us and you’ll be free to trade with any reputable dealership that meets our requirements.
Start your journey here.
Lending £15,000 over 7 years with a representative APR of 6.9%, an annual interest rate of 6.9% (Fixed), would cost £217.57 per month, with a total cost of credit of £3,275.88 and a total amount payable of £18,275.88.
Rates may differ as they are dependent on individual circumstances. Subject to status.