funflair
LIFE MEMBER
But in reality they most likely paid closer to £200k for it in 2016 so that messes your sums upI’m looking for a new MH but just don’t get why I’d spend so much as this
There’s a 2016 model for sale for £200k (not saying it’s identical)https://www.outandaboutlive.co.uk/motorhomes/buyers-guide/motorhomes/details/90-g/132808
So in 4 years you’ve burned £80k ish, plus running costs so potentially £35k per annum.
I‘m not bothered about the size issue, as I’ve driven bigger US MH’s for events etc, but £280k would buy a 3 bed house where I live in 2016 (I’ve got 19 of them) you’d get £9.12k per annum in rental return and today the house would be worth £340k so you’d be £96k up less running costs.
So exclude running costs on both the Morelo and the house you’d be £176k better off, that’s enough for a £96k motorhome and £20k in holidays each of the 4 years.
Martin