2024 Caravan Market Crashed But Why? 

I’m no expert but could it be that prices are dropping to more realistic prices because they were overpriced in the first place ?

You can stay in some B&Bs for the silly money campsites charge.

The ‘ MOTOR HOME ‘ MARKET IS THE NEXT IN LINE to see a substantial price drop supply & demand is the major factor

Could have something to do with the whole economy going down the crapper.

Greed always come back to haunt dealers feel sorry for the ones who bought there van at an inflated prices

Caravan prices have increased a great deal. Site prices have increased considerably as well! Maybe they are pricing themselves out the market.

Camp sites have increased their prices and installed electric meters !!! So I think people are hanging on for the time being !

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.

The prices on caravan sites is extortionate You can go abroad for the money they are asking for a week Ridiculous

Bubble had to burst prices we're so over inflated it was crazy

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

It’s because of our bloody weather ! People want to go to the sun ☀️

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.

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 .

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 😅

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

Campsite costs. Fuel costs. Clogged up Roads. Poor Road surfaces. High interest rates. Much cheaper to stay in Hotel or B and B.

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.

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.

People have figured out that anything made since 2019 is a shitbox.

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.

People bought them during the past 3 years with the scare situation limiting travel and now don't want them!!!

There's a glut of secondhand caravans too. Our local dealer wouldn't even look at ours last Autumn.

Caravans are dropping in price because the site prices are too high. You can go abroad now for the price of 2 weeks caravaning.

10% drop in value for a caravan that's a year older. Doesn't sound like a crash to me.

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.

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.🤨😤💰💰💰

Because after covid they went super greedy Now things have calmed down Buyers are thinking nope

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...

Never never understood why people by a decaying asset when you could pay for your holidays with the interest in the bank for what you pay on these things. Guy in my village bought a 2022 Motorhome for £110k last year. As new apparently. £100k in the bank would get you £5k at least in interest. The capital is still there and not lost to depreciation. £5k per year goes a long way for trips away I would say.

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.

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.

Great update video and what you say makes sense. We purchased our 5 year old caravan in late August and we could see over the couple of months we were looking how prices had fallen a tad. As you say swings and roundabouts and if you change all prices have come down so the price to change should be somewhere near the same. 😀😀

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 🤨

Campsites are getting greedy , minimum facilities and overcrowding.

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.

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!!!!!

Good videos, Mark.

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.

Caravans are a luxury item, people generally are struggling to live, plus it is getting harder to find a place to stay.

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.

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! 😄😄

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.

Prices are coming down in Australia, when we bought our van 6 months ago they were only on the market for a week or two, now they have dropped around 5K AUS and are taking months to sell.

Hi Mark, I love your channel, have you done a review of fitting or adding Wi-Fi to the caravan

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!🤔☹️

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.

I agree the market has been a roller coaster and has put some buyers off either with the prices going to high or dropping to much a bit of equilibrium would be nice for the up coming season.

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.

caravan prices always seem odd to me. i stay with a couple of mates in one off season. at the camp they are also selling the caravans, 30 thousand plus, it's like paying for decades of holidays in advance except the caravan will bite the dust before that time has elapsed. unless you really love the place the caravan is and visit every other weekend i cant get my head around it.

The dealer I bought mine off back in November . Told me he is selling more to full time van lifers than lesiure users. And it has been a bit of a life saver for him. I suppose the economic & high rent climate gives some a boost.

They are nicely laid out, but where is the fridge, washing machines, wifi with big screen.

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.

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.

Quality of caravans is shocking now, even though prices kept going up. Same with motorhomes. However campsites charging exorbitant fees hasn't helped. Buy a caravan, and you'll find you can't afford to use it much as the stays on sites are prohibitory.

Bought a second hand caravan last week and got it very cheap from a private seller , it will be alot cheaper for me and the family to go away in than paying the price of hotels throughout Ireland

Not here in Aus. Our waiting list is out to 22 months. We like others had to cop a 20% increase in productions costs. So I would be very careful whom you buy off because margins are so fine they might not be here tomorrow.

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.

My last quote for a pitch C&CC Scarborough 7nights £133, Flower of May Filey 7night £199, Large caravan sites robbing people who are stuggeling to pay their heating bills and now cannot afford a holiday.

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.

Motorhomes next. Vw prices dropping now

Isn't a 2k drop in a year on a 20k caravan mostly down to depreciation?

i had noticed a few dealers acting as a broker for private sales rather than them buying the caravan and then selling it, is the price drop the reason Mark? I suppose it prevents the dealer having to buy a caravan and having to sell it at a loss

I sold a caravan before covid for about £2k. During Covid the same year and model was going for £5k (yeah, gutted) Prices are now getting back to normal. It didn’t need 10 minutes of waffle to explain that.

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🤦🏻

Caravan prices are ridiculous now. What was £30k 2 years ago is now £45k. Motorhome prices are even worse where they want you to pay £65k for a VW van which was around £40k 2 years ago. They realise the bottom is dropping out of the market with electric vehicles. How far you gonna tow a 1500 kilo caravan with a battery car?

You should see the price of caravans and vehicles here in Australia 😢

We have been hit with the drop we bought a brand new caravan in July last year now the 2024 is up for sale for £3k less than what we paid. gutting really, but it is what it is.

Prices of used caravans in Northern Ireland still going through the roof, almost double from last year.

Could the high caravan sites charges hike have a impact on weither people are buying caravans.

Fuel Prices is a major factor !!!

Hi Mark, great video, agreed with 99% of what you said, but I do think we are having to adjust our pricing because people aren’t buying. I’m definitely not seeing footfall on the four court, which has effected sales, there are going to be a lot of deals on new like you said this year, I got out of new just in time. Also there seems to be a lot of people getting out of caravaning, being offered lots of stock. The motorhome market hasn’t suffered as much because the people buying those aren’t so concerned with rise in the cost of everything, and the market had been on hold due to a lack at parts for a few years, so that log jam has now been realised. Hopefully as the nights draw out it’ll stimulate the market a bit.

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.

The dealers have been manipulating prices by overcharging and taking advantage of customers. However, now they claim that these dealerships are on the verge of bankruptcy. How is that possible? What happened to all the extra money they were making without offering any discounts? Whenever you asked them about it, they simply laughed at you. It's quite astonishing to see that even after reducing prices on the caravans, they are still significantly overpriced by thousands of pounds compared to their original value. Additionally, I would like to mention that the COVID-19 pandemic is over, so they can no longer use it as an excuse. Prices have dropped significantly, but dealers will struggle to sell their inventory unless they drastically reduce prices, which seems to be a challenging task for them.

Dam in 4 years am planning to buy a retro caravan

Do you think it's the running costs of the tow vehicle, if you have a large caravan you have a large vehicle. Buying a larger caravan increases your carbon footprint. We should be looking at alternatives.

Well the difference is that, he's talking about the European Market and not other places like the U.S. and other places. But, those things aren't cheap either, it's good that the prices do drop.

It’s like an advertisement from the fox in the chicken coop

Could you remind us - what the prices are compared to 2019? - compared to 2014? How does the five years 2019-2024 compare to 2014-2019 ?

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.

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.

A couple of incoming problems for the caravan market. Lots of people with money are buying or leasing EV's ,many of which are not suitable for towing. Also last year the weather was quite wet in the UK, so many are choosing to take inexpensive holidays abroad with guaranteed hot weather

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

our 2020 porto is holding stonking prices

Is it because of electric cars will have trouble towing them they will have to charge them up more often

Has there been any discussion over what happens to the caravan market if the EV. push is intensified. I worked for 1 of the big site network organisations and I can see problems not only with charging on route (most of the charging bays are next to a through lane so you can't charge with the van hooked up) but also with maybe 80 to 120 vans arriving on site on a Friday night and all wanting to charge. A lot of the sites are not in places where this level of power is available.

The overseas travel industry getting back on its feet means that people are choosing overseas travel rather than buying a caravan. Also the overseas market for caravans to countries like New Zealand has been affected by the rising costs of shipping due to the unrest in the Red sea, container costs have risen significantly.

Robinsons caravans have felt it. They have gone bust. I used them and purchased vans from them. So sad to see.

More complicated to travel to EU countries, upcoming visa requirements , longer queues at Dover and shorter stays.

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…,,

An overpriced cartel. Good to see the market dictating values at last.

It's the same for everything. The secondhand trailer boat market has been dead for about 12 months now nothing really is selling. However bigger boats are selling fairly strongly. In my opinion its because of the interest rate rises. Generalising here but it makes the less well off poorer but the the more well off richer, hence the bottom end of the market is effected most.

Hi Mark thanks for another interesting vlog👍🏻 Interesting with the price drops, and the how the market is finally coming to settle. Do you know if there is anywhere online that we can find out the value of our caravan, something similar to we buy anycar or autorader valuation etc. It would be helpful to have trade value, private sale value and dealers value (as in purchasing through the dealer)? Thanks regards Emyr.

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)

Motorhomes / caravans / campervans have been overprice for the last ten years, you take you own facilities but campsites charge you the earth to just stay , EV really can't tow caravans cutting the range by half

What’s a desirable layout

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....

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!!

How much for a new caravan single axel ? And do you know the cost to ship to America 🇺🇸 ?

Look at the prices of caravans in New Zealand!