Understanding Motorhome Value Retention: A Comprehensive Guide

Let’s discuss something every motorhome owner worries about—value retention. Whether you’re buying or already own a motorhome, understanding how these vehicles hold their value is crucial for making wise decisions.

Do motorhomes hold their value in the UK?

Motorhomes generally hold their value better than cars. While your average car might lose 50-60% of its value in three years, a well-maintained motorhome typically retains more of its original value.

The UK market has some unique characteristics that help motorhomes maintain their value:

1. Strong second-hand market
2. Limited supply of quality used vehicles
3. Growing demand for ‘staycation’ vehicles
4. Seasonal price fluctuations that can work in your favour

However, not all motorhomes are created equal. Recent market trends show that premium-built motorhomes with good specifications tend to hold their value particularly well, while budget models can depreciate more quickly.

What motorhomes hold their value best?

German brands typically lead the pack in value retention. Hymer, Bürstner, and Carthago have powerful reputations. Bailey and Swift have shown good value retention among British manufacturers, especially their higher-end models.

Features that help maintain value:

1. Fixed bed layouts (consistently popular)
2. Solar panels and leisure batteries
3. High-quality washrooms
4. Modern heating systems
5. Well-designed storage solutions
6. Four-berth layouts (most versatile for resale)

Brand reliability matters, too. Some lesser-known budget brands might offer attractive initial prices, but their resale values often plummet. The sweet spot is established manufacturers with good dealer networks and parts availability.

How much do motorhomes depreciate each year?

Here’s the typical depreciation pattern:

Year 1: 15-20% depreciation

Years 2-3: 10-15% per year

Years 4-6: 5-10% per year

Years 7+: 5-7% per year.

However, these figures aren’t set in stone and there are numerous factors that affect depreciation, including:

1. Mileage (under 10,000 miles per year is ideal)
2. Service history (regular maintenance is crucial)
3. Storage conditions (indoor storage helps)
4. Overall condition (particularly damp-free status)
5. Specification level
6. Market demand

Interestingly, some motorhomes have actually appreciated in value recently, particularly during 2020-2022, though this was an unusual market situation rather than the norm.

How do you calculate the value of a motorhome?

Valuing a motorhome isn’t as straightforward as checking a car price guide. You’ll need to consider multiple factors:

Base Value Factors:

1. Original purchase price
2. Age
3. Mileage
4. Brand reputation
5. Model popularity

Condition Adjustments:

1. Service history completeness (+/- 10%)
2. Damp test results (+/- 15%)
3. Mechanical condition (+/- 10%)
4. Interior condition (+/- 8%)
5. Modifications (can be positive or negative)

Market Factors:

1. Season (prices typically peak in spring)
2. Local demand
3. Similar models available
4. Current market trends

A practical approach to valuation:

1. Check specialist motorhome selling sites for similar models
2. Adjust for mileage (roughly £0.20-£0.40 per mile difference)
3. Factor in condition
4. Consider seasonal timing
5. Look at dealer prices and deduct 15-20% for private sale values

Professional valuations are available through dealers or specialist companies, but they often charge for this service. Online valuation tools can give you a rough idea but are not always accurate for motorhomes.

The key to maintaining value is documentation. Keep every service record, every repair receipt, and every modification detail. This documentation can add hundreds, even thousands, to your motorhome’s value when it’s time to sell.

Remember, motorhome values can be quite regional. A model that’s highly desired in Scotland might fetch less in Cornwall and vice versa. Always check local market conditions when valuing your vehicle.

Ultimately, your motorhome’s value retention depends mainly on how well you maintain it and how the market evolves. Regular servicing, careful use, and proper storage aren’t just about keeping your motorhome nice – they’re investments in its future value.