In a real quandry... Posted yesterday saying we've decided to change our van (don't want to call it 'downgrading' because I don't really see it that way).
I've spoken to a dealer about a van we're interested in & he's offered £9.5k for ours against his £6k van so basically we'd get the van plus £3.5k cash back. It's a fair offer in line with current trade prices.
I've seen the same make/model as ours but 2 years older advertised privately on Caravanfinder for £11.5k. Highly unlikely they'll sell it for that but it's got me wondering about the used market in general.
If we advertised our 2009 van (but only 14months old) for say £10,995 when a dealer would sell it for at least a thousand more, is it likely to sell reasonably quickly? Is the market picking up ready for the new season or is it too early for that yet?
Can anybody make the decision for me before I drive myself insane? Thanks!!
Looking at all the holidays in April, Easter and Royal wedding and then early May bank holiday weekend, I would say that selling in March may get you a quicker sale with possibly more money.
------------- "Close your eyes and pretend it's all a dream, that's how I get by"
DEB
Discounted Insurance Quotes for UKCampsite.co.uk visitors! Up to 12.5% off!
secondhand vans are selling really well,in fact some dealers are short of supply by what i was reading.this how they survive they need to make 2k on yours.you are gaining 3.5 k but you are losing a lot more than you paid for it.imho i would try and keep it.is the van you are looking at a 2002/2003 model?
------------- the only silly question is the one you do not ask.
Yes, the one we're looking at is a 2003 Abbey Aventura 330 (6 berth) up at £6475 but he'd take £6000 & give £9500 for ours.
We know we'll lose a lot on ours but that's life. We need to sell reasonably quickly - within a month. If we could sell privtaley at £10995 somebody could get themselves a van that's only been used for 27 nights for at least £6k less than a new one of the same model. It's just whether there's a market for it at the moment?
Know exactly what you mean - you can never win with these things. Kind of makes you think it's better to stay 'middle of the road' & let someone else take the initial loss! That's what we'll be doing in future.
You could well possibly get more advertising privately but the downside is that the banks are still reluctant to lend money in high risk area's especially when there are so many redundancies on the horizon and people struggling to repay mortgages. When people purchase from a dealer there is more chance of the buyer obtaining credit. This is due to the caravan being on finance and if payments cannot be met the finance company has the right by law to repossess the goods which is of course in this instance is the caravan. With personal loans, the borrower can purchase anything with the money but finance is secured on the goods so the finance company will look at this as security. A few years back when the majority of banks were lending money quite freely and taking big risks, it was much easier to obtain a personal loan than in todays market. So the fact of the matter is that many people could be interested in your caravan but the barrier is being able to raise the funds to buy it.
Why don't you give Ebay a try. We bought our 2009 caravan in July via Ebay and both us and the seller were happy with the deal - well, yes he would've liked more for it but I think we paid a fair price. Actually to be honest it ended up outside of Ebay as I made my offer after the auction ended. There is always the trust issue for both buyer and seller but as long as you have nothing to hide (of course you don't) and service up to date with all paperwork and manuals etc present then this is easily overcome. We still took an MCEA engineer with us to the viewing but we were already pretty sure that the seller was a decent bloke. We've sold cars via Ebay and always had a satisfactory outcome but theres always a horror story to make you wary though.
We also spotted our first and present caravan on Ebay, it was local to us so we visited for a viewing, the oldish couple were genuine the man had had a stroke and so were giving up caravanning, he threw all the extras in plus porch and full awning with annexe(which we need for teenage daughter as van only 2 berth).
We made them an offer and as they hadn't had any bids we agreed on a price and they withdrew it from the auction, picked it up a week later and have been happy with it since.
It didn't cost the earth and being an older caravan the few knocks and scrapes it has aquired since we've had it and used it a lot isn't as bad as if it cost thousands and was newish, bit like having your first car, start off with an older one first till you get the hang of it.
------------- "Close your eyes and pretend it's all a dream, that's how I get by"
shamrock23 - yes, that's the one! I've spoken to him a few times now & he does come across as being very genuine. Guarantees it will be free from damp & everything works as it should. I also love the fact they pay for a night's camping on the rally field next door so you can test everything whilst you're still there.
If you are looking for a private sale I would recommend the free ads here on UKCS. They do seem to do the job and from my experience if the van is at a fair price it sells quickly.
is this the guy from Top barn who is selling the Abbey?If so several of the members of our caravan club have bought from him with no problems at all and he pays for you to stay there for a weekend to "try out" the van....
Hi June, yes it is. I drove down to Worcester today to look at the Abbey & even tho it's a great van, excellent condition etc... I just didn't 'feel the love'. Same went for another 6 berth he had that was slightly more expensive. With dark wood, dark carpets & dark fabrics they felt really closed in. I did fall in love with the next one up tho & the price he's offered for ours against it is fantastic - not much less than we'd get with a private sale.
Have to say whether we end up buying this one or not, he's a great guy & has given some really good advice/pointers for potential tow cars too (we're towcar-less at the mo as OH sold his yesterday - very much quicker than expected!).
Isnt it strange, we looked around the same van and think its great. Dark fabrics would do us with a 3.5 year old.
That said timing is everything and as yet, not sure if we can stretch. Plus we have only looked in these two 6 berths and feel we would like to look in the Avondale Dart 6 berth. If anyone has any opinions on this style, that would be great. We love the Aventura because it feels spacious with the kitchen on the opposite side.
It seems that you never get 100% of what you want.