Motorhome Prices rising fast

[Lenny HB]

My S/H mho seems to be plummeting in price

Should be going up.

 

[Russell's Dad]

A tiddler, CompactLine I 141.

Bigger than mine and Minxy's! Not much roof space for your solar farm Lenny.

 

[Lenny HB]

Bigger than mine and Minxy's! Not much roof space for your solar farm Lenny.

Plenty of room a friend has a 138 and has 160 watt each side at the back and there is more room on the 141. I will start 300/350 and see how we get on, should be able to get another couple of hundred up the front if needed.

 

[Jo662]

The Warner's Peterborough Show is more or less that, it's on April 21/to23rd 2023

And sad to say next years Peterborough motorhome show will be the last one held there. Majority of the site has been sold off. Including The Peterborough Panthers speedway team,who will need to move to a new location.

 

[IanFraser]

A Bailey Autograph was 55k in Oct 2019. Today they are 80k. Up 25k in three seasons. Is this trend short lived? It may slow down with the recession perhaps, but not reduce methinks.

Parts, labour & energy prices have risen substantially throughout the world, whilst a little of this price increase may be the residue of supply & demand arising from/coming out of covid a lot of it is just simply everything nowadays is a hell of a lot more expensive. Don't see prices coming down anytime soon so enjoy what you have & if you can afford the higher prices consider yourself one of the fortunate few.

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[Coastal Cruiser.]

Bigger than mine and Minxy's! Not much roof space for your solar farm Lenny.

Think this has enough solar?

 

[Lenny HB]

Think this has enough solar?
View attachment 672435

No wonder you are overweight.

 

[corconx]

Strange.... was there not a thread in the last few days saying moho prices starting to fall.!!

Thread 'Finally the days of over priced motorhomes is over'
https://www.motorhomefun.co.uk/foru...ays-of-over-priced-motorhomes-is-over.271446/

 

[Grumpyfrog]

They are definitely not.
We have been actively trying to buy our first motorhome, but prices have been rising faster than our savings.

 

[bigtwin]

I took an annuity pension but on an invested fund so it goes up and down each year depending on investment returns. Just had a £500 per annum increase this year even if it goes down 1k next year it will still be a lot higher than if I had taken a straight annuity.

That seems counterintuitive; an annuity with variable income dependent on investment performance. Sounds a bit like drawdown.

Ahh I thought it all disappeared, that’s not quite so bad as I thought then.

As Lenny HB said, you can select annuities that pays your dependant 50% on your passing but this does reduce your monthly amount.

My Drop-down pension goes to the wife of I snuff it and then to children that's if there's any capital left !!.

Presumably you mean drawdown pension but the term drop-down seems apt in this context too.

Ian

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[Tony50]

That seems counterintuitive; an annuity with variable income dependent on investment performance. Sounds a bit like drawdown.



As Lenny HB said, you can select annuities that pays your dependant 50% on your passing but this does reduce your monthly amount.



Presumably you mean drawdown pension but the term drop-down seems apt in this context too.

Ian

Yes Drawdown, but yes the capital is in " drop-down" !! At present that's the risk ,but it was for 18 years ( retired at 59) paying twice the amount of a annuity.

 

[Lenny HB]

That seems counterintuitive; an annuity with variable income dependent on investment performance. Sounds a bit like drawdown.

Nope it's an annuity based on the annual fund performance.

 

[kevenh]

Thread 'Finally the days of over priced motorhomes is over'
https://www.motorhomefun.co.uk/foru...ays-of-over-priced-motorhomes-is-over.271446/

TWIS #16

 

[bigtwin]

Nope it's an annuity based on the annual fund performance.

Who’s the provider?

Ian

 

[bigtwin]

Nope it's an annuity based on the annual fund performance.

Is this the essence of it?

Variable Annuity

Ian

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[BikerGraham]

Well we have given up trying to buy our first motorhome.
We had a short list of makes and models, but our budget and savings just cant keep up with constantly inflating asking prices.
As we dont have an existing motorhome to part ex., we cant take any advantage of an existing m/h also going up in price, which would soften the blow.
At least we can still be members of Motorhome fun, and follow the escapades of others

Have a chat with Simon-Alan Kerr I am sure he will be able to put together a deal on a good van that you will be happy with.

 

[TONCAZ]

Seems a shame you have given up. Maybe look at slightly older vans? You can have exactly the same adventures and fun in a 20 or 10 or 2 year old van.

Sure do, have a 2007 Burstner and have a ball in it, getting ready for a 2 month trip to France and Spain..

 

[Lenny HB]

Is this the essence of it?

Variable Annuity

Ian

Yes, basicly I transfered my fund into it. When I took it the were only 2 providers Pudential & MGM, I went with Pudential the return was very slightly lower but they had a bottom ceiling the pension will never go below a safety net.

 

[bigtwin]

Yes, basicly I transfered my fund into it. When I took it the were only 2 providers Pudential & MGM, I went with Pudential the return was very slightly lower but they had a bottom ceiling the pension will never go below a safety net.

Thanks for that, you live and learn.

Ian

 

[Tony50]

Can't wait for new Motorhome at Centerparcs Elveredon Forest,. With The family , soon need a bank loan to eat , bottle Doombar £5.50this place is a ripoff

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[Keep Right On]

I will patch up the old girl until I win the lotto

what about the van ?

 

[EuroTrotters]

what about the van ?

I nearly added something similar in brackets

 

[Otter Spotter]

Would I be correct in saying you can’t pass on funds from an annuity when you pop off?

There are many types of annuity, you can basically ‘pick and mix’ benefits, so if your are married you can request anywhere from 25% to 100% widows pension but the higher the widows pension the less you get as income each year. The widows benefit is purchased at outset when you decide, the big mistake that many people made in the past when buying an annuity is tha5 they just pick the highest level of income for them without any widows benefits.

 

[Otter Spotter]

Think this has enough solar?
View attachment 672435

WTF who owns that Mr E Musk ?

 

[Coastal Cruiser.]

WTF who owns that Mr E Musk ?

You would need his cash to keep it on the road

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[BouncyBoatFolk]

Yes, basicly I transfered my fund into it. When I took it the were only 2 providers Pudential & MGM, I went with Pudential the return was very slightly lower but they had a bottom ceiling the pension will never go below a safety net.

Freudian slip? I had a pension with them and "Pudential " just about sums them up, along with the catastrophic Bond 32 [aka section 32 buy out } they "miss sold " me as well. This will repay at the rate of £840.0 p/annum, after 35 years investment !!! Luckily, not all the eggs went in the same basket.
Mike.

 

[Otter Spotter]

Freudian slip? I had a pension with them and "Pudential " just about sums them up, along with the catastrophic Bond 32 [aka section 32 buy out } they "miss sold " me as well. This will repay at the rate of £840.0 p/annum, after 35 years investment !!! Luckily, not all the eggs went in the same basket.
Mike.

Ouch, ‘With Profit’ funds, well known to be very profitable for the company not nearly so much for the Planholder.
You just have to look at what happened to the entire Prudential salesforce (you could not ever call them Advisers) they were all made redundant, they couldn’t sack them as that would have have thrown up all sorts of evidence around the methods the Pru had the salesforce use, in the resulting employment tribunal.

The new guys who work for the Pru are being watched very carefully.

 

[Dave7]

Why do folk think prices of van's are rising...and continuing to rise...its not because manufacturers can make more and more profit...its because the price to build the things and the components to make the parts that all go together, and the fuel and energy required to build them has risen just like everything else...that also gets passed on to the customer....just like everything else. ... and interesting to note at the Lincoln Warners show a couple of weekends ago the amount of used vans for sale with "Sold" on them.... there were loads.

Also it’s to recoup the money lost for the vans they still have to build that were ordered last year I’m guessing

 

[Kayak Kid]

I bought my Chausson 711 Traveline new with the addition of an awning and winter pack in Sept 2020 from a Chausson dealership for £55k

Just saw the identical vehicle (year etc) with similar mileage selling in a dealership for £70k.

I can hardly believe it!

 

[Tony50]

I find it hard to believe that a £70000 motorhome costs a Extra £9000 to build , I think a lot of the price increase is supply and demand, the bubble will burst, especially if it pees down with rain in next year's holiday period, I believe that not all buyers in the last couple years are dedicated Motorhomers like on here.

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