Are caravans a good investment?

It's fair to say that a caravan is an investment - they don't come cheap to purchase and there are other costs to consider as well before taking the plunge.

You've decided to buy yourself and your family a caravan - you can already imagine all of the holidays and trips you're going to take as a family and how much the purchase will help you all bond.

Caravans aren't a cheap investment - for them to be a good investment, you have to be sure that you'll use it throughout the year. If not, it may be better value to hire a caravan when you're looking to take your trips. Whilst expensive if you're renting regularly, as a one-off you'll find it much more affordable than buying a caravan outright. Once you've tested the waters and got used to caravan lifestyle and upkeep, you might finally be ready to take the plunge.