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To rent or to buy - same question, different year!

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    To rent or to buy - same question, different year!

    Now that the snow has finally gone and the temperature has lifted (slightly!) I am back wondering whether I should take the plunge & buy or continue to rent now and again from Rentaromahome....

    would love my own romahome but just not sure if I will get the use I need from it
    14
    buy
    100.00%
    14
    rent
    0.00%
    0

    #2
    Buy!

    If you have your own RH, you may find you use it far more than ever envisaged and can take off on whim. Also, with their low depreciation, if you did need to sell then hopefully you'd recover most of your outlay.

    The deciding factor could be a comparison of the outlay you pay to rent one vs the depreciation and running costs of purchasing set against the opportunity cost of keeping your cash in a bank account at about 3% gross interest...

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      #3
      The other thing to consider is how much you pay on rental. This could go towards the cost of your own unit that you could jump into whenever you wanted, or whenever the sun is shining and your fed up of being stuck indoors
      I make occasional visits to reality, but I'm not a full time resident
      http://minimouseandmilos.blogspot.com

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        #4
        If you can use a Romahome as your only vehicle then to buy is the answer. It is probably a better bet than a car due to the low depreciation (I reckon it is not a lot more than £1,000 a year). We were running a car and the camper but need only one vehicle so the car is going and the numbers stack up very well, lets hope this is true in reality.

        Geoff.

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          #5
          I agree, buy one.

          Don't know how much they cost to rent but I'd be lost if I didn't have a way of getting away at weekends at the drop of a hat.

          It's not just about the money.

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            #6
            Thanks for all ur thoughts!

            Rentaromahome's pricing is here - http://www.rentaromahome.co.uk/pricing

            So for a C15 only £50-£60 a day depending on peak/non peak season.

            Do really like the idea of having my own campervan though

            Comment


              #7
              As Karen says-you haven't lost your money if you buy one, it will always have a resale value, and I think you would use it far more often than you would go to the trouble of renting one." In the future you will regret the things you didn't do more than the things you did." I can't remember who said that but I'm sure it's true.
              derek b and Babs

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                #8
                Thanks Derek.

                Where would you recommend the best place to buy from is?

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                  #9
                  Sorry to jump into the question but "Ant" at Avon is without doubt the place to go. After many years of buying and selling cars, motorcycles, caravans and motorhomes/campers, believe me this guy is as good as it gets.

                  Geoff.

                  If you require more detail PM me and I will give you my number.
                  Last edited by macamxth1st; 14-03-2012, 19:26.

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                    #10
                    Listen my stay at home friend,you are bunging money down the drain renting,
                    I totally second Geoffs comment about Ant in Bristol,he is the real deal.
                    Buy and get out there and see your countryside,every weekend and longer if you can.

                    You will not regret it.
                    Young men sow wild oats.Old men grow sage.

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                      #11
                      Originally posted by karenw View Post
                      Buy!

                      If you have your own RH, you may find you use it far more than ever envisaged and can take off on whim. Also, with their low depreciation, if you did need to sell then hopefully you'd recover most of your outlay.

                      The deciding factor could be a comparison of the outlay you pay to rent one vs the depreciation and running costs of purchasing set against the opportunity cost of keeping your cash in a bank account at about 3% gross interest...
                      You get 3%!!! even gross - wow - you must have much more money than me to invest or I am looking in the wrong places

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                        #12
                        I currently have a Y reg c15 romahome and a car- Car only kept because I would get very little for it if I sold it - so might as well keep it for the times when I need 4-5 seat belts. My romahome is more economical than the car (even given exorbitant price of diesel up here) - The Romahome was an oldish van and not very well maintained so it didn't cost me too much to buy _ but I had to do/have work done on it - but now it is there - ready - packed with the essentials - I can go off into the wild blue yonder whenever I want - I know how I treat the van so I don't have to worry about getting used to a strange vehicle. Personally cannot see the point of renting unless it is to try out a vehicle

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                          #13
                          Originally posted by Fred Cole View Post
                          Thanks Derek.

                          Where would you recommend the best place to buy from is?
                          I'm not a Romahome owner but downsizing has its attractions! everyone on this forum speaks very highly of Ant-I believe he is independent specialising in Romahomes. The quote about regrets was made by Mark Twain I now recall. Good hunting.
                          derek b and Babs

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                            #14
                            Thanks for the advice re getting in touch with Ant.

                            Do you know if he has a website?

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                              #15
                              Hi Fred

                              Here is Ant's website http://www.avonmotorcaravans.co.uk/
                              Graham
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