Buying a Motorhome on a Budget

pile of moneyThe motorhome market has had its ups and downs over the past couple of years, mainly due to the fact that since the start of the recession most people have had less disposable income. Add to this the fact that motorhomes are rarely cheap and you can see why some people have been putting off buying a new vehicle. However, you don’t have to wait years before you invest in your next motorhome, in fact with just a few simple budgeting skills you could find yourself being able to buy one sooner than you think!

Organise your Budget

If you are trying to save money then the first thing you need to do is put pen to paper and decide how much money you actually need and how you can realistically save up in order to achieve your goal. By doing this you may find that the amount you are trying to save for is simply out of reach, which means you will need to start rethinking your goal. On the other hand you could realise that saving the amount you need is actually easier than you originally thought, which means that you can afford your new motorhome by putting aside a small amount each month. Just don’t forget to factor in your other outgoings each month and leave a bit extra for emergencies.

Be Realistic

Motorhomes come in a range of different shapes and sizes, and depending on how much you are willing to spend some also come with amazing extras. However, while you may love the idea of a motorhome that comes with every single piece of new technology available the fact of the matter is that this will cost you a lot of money for something that you don’t truly need. Think about the types of trips that you take each year in your motorhome and what pieces of technology and mod-cons you actually used while you were there. Things that would be nice to have instead of necessary should be scratched off your list of requirements straight away as they will end up costing you a lot of money!

Find the Best Deal

After organising your budget and deciding what type of motorhome you are looking for it’s time to actually start searching for your new vehicle! Luckily, this can be done extremely easily as there are a number of websites that specialise in selling cheap vehicles and can help you find ones in your local area. However, don’t just look at the websites that you have heard of before, as lesser known sites may have exactly what you are looking for at a cheaper price! The only thing you need to be careful of here is that you don’t fall for a scam or fail to research a motorhome properly before you agree to buy it. This is why it is essential that you never agree to hand over money before actually looking at a vehicle and taking it for a test drive.

Keep an Eye on the Extras

When buying a new motorhome you need to make sure you have enough money for not just your new vehicle but all the extras you will need to pay for as well. For example, you will need to be able to afford motorhome insurance to protect your vehicle while on your journeys, and of course there is also the added costs of road tax, MOTs and petrol! If you are buying a second hand motorhome you may have to also pay for some small improvements before you are happy to take it out on the road. Your budget should hopefully include all these added costs so when you finally find the motorhome you want you will be able to buy it straight away, but if not it may be time to go back to the drawing board!

Take your Time

Most of the time people find sticking to a budget or finding a cheap motorhome difficult because they want to buy one straight away, and the fact that they have to wait is often frustrating. To combat this, just remind yourself that even though you may have to save and do some research it will eventually be worth it. As they say, good things come to those who wait!