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Purchasing static caravan


cheshney
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I want to purchase a static caravan with cash, so no purchase repayments. Neither do I want to make a profit. I see it as 'buying memories'. Does anyone have any experience of renting a caravan out to cover the ground rent and insurance costs? Is this a realistic ambition?

thanks.

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You need to be very wary as many horror stories about purchasing statics. For example, you buy one for £30,000 and the contract states you have to sell it back to the park and they offer you £10,000 for it a year later. Annual fees are about £1500.

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