Alternative investment craze could be campervans

From humble beginnings, camper vans have seen marked upgrades in recent years and an incredible popularity that shows no sign of slowing. Could a motor home actually be a novel but smart investment?

Image Credit

From then to now

The all-time classic camper van, the Volkswagen camper, has become an iconic symbol of Britain and free-spirited travel. The newer VW California is in a class of its own, showcasing top gadgetry and interiors that will set you back upwards of £50,000. If you’re feeling even more flush, check out the Mercedes Marco Polo at the high end of the range.

Volkswagen is now set to make waves with the reinvention of its Microbus which, in 2022, will be all-electric and have self-driving capabilities, while retaining the retro vibe that VW fans are so enamoured with http://www.dailymail.co.uk/sciencetech/article-4807076/VW-gives-green-light-electric-version-classic-Microbus-camper-van.html.

In 2016, there was a 10.6% increase in newly registered campers within Europe, and a 50% increase in sales of VW’s California model, suggesting the industry is strong and showing no signs of decline. Over in the US, the Recreation Vehicle Industry Association predicts 2020 to see a record number of RV shipments.

Image Credit

Could a camper be a worthwhile investment?

Owning a motor home may not be on the life achievement list for many, but it can still be an investment worth considering. A 2 year old VW California can go for the same price as a new one, and you could be looking at £35,000 for a good condition one that’s got five years under its belt. They certainly don’t seem to depreciate in value anywhere near as quickly as an ordinary car.  They also come with many features including Vehicle Tracking systems from companies like Vehicle Accessories which allow for efficiency ratings and to keep your car safe.
To finance your pride and joy, it’s possible to get a loan over a decade, for a camper that’s already 7 year old when you buy it.

With many struggling to get on the property ladder and fears rising over the stability of the market, it may not be as silly as it sounds to invest in a motor home. At least in 2019, you can have one fully kitted out with the latest technology and home comforts, and head off in search of good weather at your leisure.

 

Leave a Reply

Your email address will not be published. Required fields are marked *