Motorhomes market to increase or decrease 2024?

[BouncyBoatFolk]

A toilet within 50 yards! Luxury.
We had to walk 3 miles from our cardboard box house to the nearest drain.
Then do a 22 hour shift down the mines and come home to a single slice of mouldy bread and a severe beating. Times were hard but we were happy.

Long live Monty.

 

[Bucket]

Long live Monty.

Well spotted. Only I don't have a Yorkshire accent.....

 

[On the road again]

 

[Bobby dazzler]

And try telling them and they won't believe you lol

 

[Tony50]

" Came from a council estate", as kids we used to dream about living in a council house, we grew up in tied agricultural cottage.
It had gas mantel lighting, and the only running water came through the ancient property's poorly maintained roof. If you wanted water you had to go into the garden and pump it up out of the well. Try telling that to kids today and they wouldn't believe you, but all true.
Mike.

Well spoken

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[Bobby dazzler]

Well anyway 12000 for sale again on autotrader I wonder what's really going through dealers minds July next week

 

[Saucer]

Well anyway 12000 for sale again on autotrader I wonder what's really going through dealers minds July next week

The nice ones with all the bits seem to be selling though

 

[Bobby dazzler]

That's ok I'm will take a rough one at the right price

 

[Barchetta47]

Well anyway 12000 for sale again on autotrader I wonder what's really going through dealers minds July next week

Which is 4000 more than this time last year. At an average price of £40k assuming most are at dealers, someone is holding an additional c.£160m in stock. Makes you think.

 

[Simon G]

The OP asked which way we thought the market was heading, not where it is now. If folk are getting nearly the same back as they paid 4 or more years ago, I'd say the market is still inflated, so more likely to go down than up.

FYI, when I looked for a valuation for the stolen Quartet, a couple were on offer for 40k-ish and sold within a week of me first looking (though I don't know what for or how long they'd been advertised). I paid 32.5k in 2017... So market is inflated but stuff still moving at those prices. Now I'm hoping insurance pays out on 'market value' basis!

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[Bobby dazzler]

It appears to me that some stuff is still selling. But I don't believe the customer base is as big as it was hence 12000 on autotrader. I've got my eye on a few and some the dealers have had for well over 6 months

 

[bobnick]

Shock horror, having sundowners tonight and chatting, HRH suggested we should consider keeping our van.

I have managed to convince her we should get rid.

 

[Lenny HB]

I have managed to convince her we should get rid.

Now you have to convince her she wants a Morelo.

 

[funflair]

Now you have to convince her she wants a Morelo.

She will after we work on her at Goodwood then she needs to work on Bob but I am afraid it's a done deal.

 

[Chris51]

Having finally sold my self build (not at price hoped for ) and been looking for other van I am having second thoughts at moment especially after summer we have had,probably wait till next year. Owning a motorhome seems an expensive hobby unless you are getting good use out of it and its your main hols. Just my two penneth .!

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[The Wino]

Having finally sold my self build (not at price hoped for ) and been looking for other van I am having second thoughts at moment especially after summer we have had,probably wait till next year. Owning a motorhome seems an expensive hobby unless you are getting good use out of it and its your main hols. Just my two penneth .!

It always has been an expensive hobby!

 

[Bobby dazzler]

It always has been an expensive hobby!

But a lot more expensive now

 

[ED O'DARAC]

But a lot more expensive now

But, a bit like the quote about getting old being horrible, it's still better than the alternative!

What price complete freedom, and a hotel room next to the beach. Brilliant, worth every penny imho.

 

[The Wino]

But a lot more expensive now

Is it though in real terms compared to the cost of everything else? I was surprised when I looked at the rpi index over the past 10 years compounding has a pretty big effect.
The state pension for instance has gone from £8000 in 2017/17 to £11500 this year that's a pretty big change more than I suspect most would guess

 

[Larrynwin]

Is it though in real terms compared to the cost of everything else? I was surprised when I looked at the rpi index over the past 10 years compounding has a pretty big effect.
The state pension for instance has gone from £8000 in 2017/17 to £11500 this year that's a pretty big change more than I suspect most would guess

Compared to the National living/minimum wage 2017 £13104 and this year £20820 approaching double what an OAP is expected to live on.

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[Bobby dazzler]

Is it though in real terms compared to the cost of everything else? I was surprised when I looked at the rpi index over the past 10 years compounding has a pretty big effect.
The state pension for instance has gone from £8000 in 2017/17 to £11500 this year that's a pretty big change more than I suspect most would guess

Well it is to me when my wages are the same as 15 years ago so.

 

[ontheroadagain]

The price of motorhomes has increased at a rate well above the rate of inflation.
Based on the Bank of England Inflation Calculator, a motorhome that cost £60K in 2016 should now cost £80K.
In reality that same motorhome will likely now cost over £100k.
Manufacturers and dealers have "made hay while the sun shines" but the storm clouds are on the horizon.

 

[Bobby dazzler]

The price of motorhomes has increased at a rate well above the rate of inflation.
Based on the Bank of England Inflation Calculator, a motorhome that cost £60K in 2016 should now cost £80K.
In reality that same motorhome will likely now cost over £100k.
Manufacturers and dealers have "made hay while the sun shines" but the storm clouds are on the horizon.

Totally agree

 

[68c]

Are you comparing the same van specifications? What extras are now fitted as standard that were not on a 2016 van? Similarly the interior finish will be 'better' so cost more.

 

[funflair]

Are you comparing the same van specifications? What extras are now fitted as standard that were not on a 2016 van? Similarly the interior finish will be 'better' so cost more.

In 2017 a Morelo Palace 85L was base price €199k, 2024 price list shows it as €270k and 2025 (yes it's out already ) is €282.250, I make that under 5% per year.

And yes I have quite a collection of old price lists

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[nicholsong]

In 2017 a Morelo Palace 85L was base price €199k, 2024 price list shows it as €270k and 2025 (yes it's out already ) is €282.250, I make that under 5% per year.

And yes I have quite a collection of old price lists

Martin is right, in fact exactly 5% compound gives 2025 price as €292.

I presume those who complain would however approve of workers getting similar wage increases.

Of course smart buyers buy their currency forward if the rates are favourable.

 

[Lenny HB]

In 2022 a Carthago Compactline jumped up from £92k to £102k from 2021 prices but they improved the spec with £8k of extras. The 180hp engine & 9 speed auto became standard plus other extras so increase was really only 2 or 3%.
2024 price in now £110k so only 8% over 2 years.

 

[Barchetta47]

In 2017 a Morelo Palace 85L was base price €199k, 2024 price list shows it as €270k and 2025 (yes it's out already ) is €282.250, I make that under 5% per year.

In 2022 a Carthago Compactline jumped up from £92k to £102k from 2021 prices but they improved the spec with £8k of extras. The 180hp engine & 9 speed auto became standard plus other extras so increase was really only 2 or 3%.
2024 price in now £110k so only 8% over 2 years.

Well done boys it seems both the Morelo Palace and Carthago Compactline are in fact bargains!!

 

[nicholsong]

In 2022 a Carthago Compactline jumped up from £92k to £102k from 2021 prices but they improved the spec with £8k of extras. The 180hp engine & 9 speed auto became standard plus other extras so increase was really only 2 or 3%.
2024 price in now £110k so only 8% over 2 years.

Lenny HB at the risk of seeming very sceptical, maybe they set their 'Extras' prices to make the 'compulsory' extras in the new price appear that the price increase is reasonable.

 

[Bobby dazzler]

Are you comparing the same van specifications? What extras are now fitted as standard that were not on a 2016 van? Similarly the interior finish will be 'better' so cost more.

What if u don't want extras and to be frank my old 2000 reg motorhome has superior cupboards and hard wearing finish then alot of similar motorhomes these days.

I can live without cruise control but I can't live with cupboard doors that fall off after a few months

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