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How much does it cost to own a caravan?

Like all different types of property, owning a caravan comes with a few additional costs. Before you make your purchase you’ll need to set a clear budget, both for your initial purchase and for your ongoing maintenance. This short guide covers all the things you need to know about the costs of owning a caravan, so keep it handy when you’re buying your perfect home away from home.

Site Fees

This covers the rental of the area of ground your caravan is kept on and the use of facilities. Owning a caravan varies from park to park and the figures can differ hugely – you can expect to pay anything from £1,000 to £5,000 a year. Unsurprisingly, the higher the cost the more you can expect for your money, so if you’re looking at parks in the upper end you should be able to expect quality showers, water parks and on-site entertainment. Lower priced sites are usually smaller, with fewer staff and a more DIY approach – which is ideal for those who enjoy the sense of adventure you get from holidaying in the UK. Most sites will give you the option to pay your fees by standing order or direct debit and they’re usually charged in one go towards the end of the holiday season. Some parks offer a discount for early settlements.

Winter Storage

Most parks include this in their standard annual fee, but it’s a good idea to double check first – particularly if the quoted rate is a lot lower than you expected. These costs of owning a caravan could be anything between £20 and a couple of hundred, so ask the reception staff if you’re not sure.

Local Authority Rates

These are costs that local councils charge holiday parks for services like refuse collections, water and sewerage. This is usually sent to the park in one large sum which is broken down and distributed among the holiday homes on the site – again this varies but is usually somewhere between £200 and £400.

Gas and Electricity

This might be included in your site fees if you’re lucky, but in most cases you should expect to pay for gas and electricity separately just as you would at home. There are two ways you can pay for electricity – on a pay as you go meter or through a regular bill. As for gas, a lot of parks use gas bottles which you can either buy from the park or maybe fill elsewhere – again, it’s important to check this as some parks insist that you only buy your gas on site.

Insurance

As with any vehicle or property, you’ll need to have your holiday home insured and be able to provide the park with evidence of this. As a rough guide, you can expect to pay around £150 to £200 a year for a 10 foot wide caravan and around £600 a year for a lodge with several bedrooms.

Extras

It’s always prudent to have a kitty to cover unexpected expenses that have a tendency to arise on holiday. Consider things like blocked drains, frosts and water shortages – in theory they should be covered by your park, but it’s better to be safe than sorry. Make sure you receive a full breakdown of costs in writing before you commit, and if anything doesn’t feel right you can seek advice from the National Caravan Council : http://www.thencc.org.uk.

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