What to do about my motorhome?

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Discussion

Bill

Original Poster:

53,051 posts

257 months

Thursday 15th August 2013
quotequote all
How's that for a catch all title?

We bought a motorhome early this year and have had a couple of great holidays in it and a few weekends. So far so good. My vague planning of lending/renting it to friends and family hasn't really happened but no matter...

The issue is that we've planned a couple of weeks holiday next year around staying with family in rented houses, so I can't really see us using it for more than one two week holiday if we're lucky. Suddenly it's looking like a lot of money (£20k ish) tied up for little use and I reckon it'll cost us £1-1.5k in interest (on an offset mortgage) and running costs.

We want to keep it long term as it really suits us, and with three young kids it seems the easiest way for us to have the holidays we want but I wonder whether we'd be better off selling it and buying another one in spring 2015.

Or possibly making a better go of renting it out. (Anyone else do this privately?)

Bill

Original Poster:

53,051 posts

257 months

Thursday 15th August 2013
quotequote all
Don't you get them for free?

Bill

Original Poster:

53,051 posts

257 months

Thursday 15th August 2013
quotequote all
It's 5 years old and no longer as pristine as it was redface so I'm not hugely worried about damage.

N Dentressangle said:
http://www.familytravelcentre.co.uk/hire/hire-out-...

Maybe there's something closer to you, but gives you an excuse for a day out, I guess.
Glen bought and rents his through them so I'm picking his brains, but we'd do it privately if we did.

Bill

Original Poster:

53,051 posts

257 months

Thursday 15th August 2013
quotequote all
Tbh My main question is whether I'd be mad to ditch the next year's depreciation and running costs by crystallising this year's and then having to go on the hunt again in 2015.

Bill

Original Poster:

53,051 posts

257 months

Thursday 15th August 2013
quotequote all
When I say not "hugely worried" I don't mean "quite happy for it to be used in a demolition derby" biggrin