Choosing Between a New or Used Motorhome?

Choosing Between a New or Used Motorhome?

Deciding whether to buy a new or used motorhome is a significant decision that involves weighing various factors to determine which option best suits your needs, preferences, and budget.

That’s why AEG Motorhomes have created this list of key considerations to help you make an informed choice.

Budget

• New Motorhome: As expected, new motorhomes come with a higher price tag. However, the financing options might be more favourable compared to used motorhomes.
• Used Motorhome: Depending on the model, used motorhomes are generally less expensive upfront, but be prepared for potentially higher maintenance costs down the road.

Depreciation

• New Motorhome: Just like a car, new motorhomes do depreciate in the first few years, which is an important factor to consider if you plan to resell.
• Used Motorhome: The bulk of the depreciation has already occurred, potentially offering better value for your money.

Condition and Reliability

• New Motorhome: Comes with a manufacturer’s warranty, and all parts and systems are new, providing peace of mind regarding reliability.
• Used Motorhome: To provide peace of mind, all our used motorhomes come with a minimum 12-month warranty, a full habitation service, a mechanical service, and an MOT. Typically, used motorhomes have some wear and tear. If you are purchasing privately, it’s crucial to have a thorough inspection before purchase; failing to do so could cost you in repairs or maintenance.

Features and Technology

• New Motorhome: You’ll find the latest features, technology, and design trends in new models.
• Used Motorhome: Might lack some modern amenities, but previous owners may have added valuable upgrades.

Insurance Costs

• New Motorhome: Higher insurance premiums due to the higher value of the vehicle.
• Used Motorhome: Typically, lower insurance costs, making it a more budget-friendly option.

Customisation

• New Motorhome: Can be customised to your specifications before purchase, allowing you to tailor it to your exact needs.
• Used Motorhome: Limited to existing features and layout unless you invest in renovations, which can be costly.

Availability and Selection

• New Motorhome: Wide selection of models, features and layout options are available, giving you plenty to choose from.
• Used Motorhome: Limited to what’s available on the market. However, if we don’t have what you’re looking for, we can keep an eye out for you! 

Ownership Experience

• New Motorhome: Offers peace of mind with fewer unexpected repairs and service issues initially, making it a stress-free option.
• Used Motorhome: Potential for more frequent repairs, but it can offer a sense of character and history.

Resale Value

• New Motorhome: While it depreciates significantly initially, it may hold its value over time if well-maintained.
• Used Motorhome: Experiences slower depreciation after the initial drop, but overall, the resale value will be lower compared to new models.

Practical Tips for Choosing:

1. Conduct Thorough Research: Compare different models, read reviews, and visit forums to understand common issues and experiences from other owners.
2. Purchasing Private? Inspect carefully, have a trusted mechanic inspect it before purchasing to avoid any hidden problems.
3. Test Drive: Experience the handling, comfort, and noise levels firsthand to ensure it meets your expectations.
4. Check History: When purchasing a used vehicle from AEG, all our vehicles come with maintenance records and history to help you understand their past and potential future issues. However, when purchasing privately, you will need to conduct these searches yourself.
5. Calculate Total Costs: Include the purchase price, insurance, maintenance, and operating costs in your budget to get a complete picture of the investment.

Decision-Making Framework

1. Assess Needs: Determine your must-haves and deal-breakers. Think about the features and amenities you need for your travels.
2. Budget: Decide how much you’re willing to spend upfront and over time, factoring in all potential costs.
3. Long-term Plans: Consider how long you plan to keep the motorhome and how you intend to use it. Will it be for occasional trips or full-time living?
4. Risk Tolerance: Evaluate your comfort level with potential maintenance issues for a used motorhome versus the higher upfront cost of a new one.

By carefully considering these factors, you can make a well-informed decision that aligns with your lifestyle, travel plans, and financial situation. Whether you opt for a new or used motorhome, the open road awaits, promising adventure and memories for years to come.