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Buying guide

What a used caravan is worth

A used van is worth what comparable vans sold for.

Anchor on what the same van costs new today, then adjust for condition, documented history and what comes with it.
Asking prices are what sellers hope for, so test your figure against vans that have sold.

Updated . 9 min read • Buying Guide

The short answer

A used caravan is worth what a buyer will pay for that particular van, in that condition, in that month.

Test your figure against what comparable vans sold for, because an asking price is what one seller hopes to get.

  • Anchor on - what the same van costs new today (or its closest current equivalent, then place it on the age curve)
  • Then adjust for - condition, documented history, what is included (the three things that move one van against another of the same age)
If you are the buyer

What is a good price for a used caravan?

A good price sits at or below what comparable vans have actually sold for. It also has the cost of the inspection findings taken off it, in writing.

That is a different test from asking whether a price looks reasonable. A price can look reasonable against the asking prices you have been reading and still be poor value, because asking prices are what sellers hope for rather than what vans change hands for.

So the number on its own never answers the question. A fair figure on a van with water damage is a bad price, and a slightly high figure on a van with full service history and nothing left to fix can be a good one.

Four things that make a price a good one

  1. It is anchored to what the same van, or its closest current equivalent, costs new today.
  2. It stands up against vans that actually sold, rather than against what other sellers are asking.
  3. It has the cost of the inspection findings taken off it, in writing.
  4. It accounts for what is included, because an established van often comes with gear the next one will not.

The method for turning those four into a number is further down this page, and it works the same whether you are buying or selling.

How value moves

The shape of a caravan's value

A caravan loses value fastest early on, while it is still competing with the showroom version of itself. After those first few years the curve flattens, and later on it flattens again until condition is doing almost all the work and the build year is doing almost none.

That shape is why the same money buys a noticeably better van used than new. The first owner has already carried the steepest part of the drop, and what you take on instead is the inspection work and the loss of a factory warranty.

It is also why a van's age tells you much less than people expect. Two vans built in the same year can be a long way apart in value, and the gap is usually about how they were looked after rather than how old they are.

Want the curve with numbers on it?

Our caravan depreciation guide sets out the shape year by year and carries an estimator you can drive with your own purchase price and your own assumptions. Anything it produces is an estimate you have steered, which is the honest form for a figure like this to take.

The levers

What actually drives what a van is worth

These are the things that separate two vans of the same age and the same length. Each one is checkable on the day, which is what makes them useful in a negotiation.

Condition, and water most of all

Any sign that water has been getting into the structure changes the conversation from price to whether to buy it at all. Soft floors, stained ceiling joins, a musty smell and swollen edges around windows are the things to hunt for, and they matter more than the year on the plate.

Documented history

Service records, resealing records and receipts for the work done are worth real money, because they turn a seller's account of the van into evidence. A van with a folder is an easier van to price and an easier van to sell again.

What the layout is worth to the next buyer

Layouts do not age at the same speed. A floorplan plenty of people are looking for holds its price better than an unusual one, however well built the unusual one is.

How it was specified when new

Off-road running gear, a solid solar and battery setup and bigger tanks cost money new and are still worth money used, provided they have been maintained. Fitted gear that has been left to weather is worth less than nothing, because it has to come off.

Tyres, and everything else that ages while parked

A caravan spends most of its life stationary, so tyres, hoses, seals and batteries age on the calendar rather than on the odometer. A van that has sat for years is not a low-use bargain by default.

Whether the paperwork matches the van

The compliance plate, the VIN and the registration papers should agree with each other and with the van in front of you. Anything that does not line up is a reason to stop rather than a reason to negotiate.

Money still owing on it

A van can be sold with a lender's security still registered against it, and that security follows the van rather than the seller. A PPSR search settles it before any money moves.

The inspection detail behind most of those lives in our used caravan buying guide, and the plate itself is decoded in the compliance plate guide.

Step by step

How to price a specific van

Work through these in order. By the end you will have a figure you can explain, which is worth far more in a negotiation than a figure you simply feel is right.

  1. 1. Find what the same van costs new today

    Start with the current new price of the same range and floorplan, or of its closest current equivalent if the model is no longer built. That is the anchor everything else is measured against, and it is the one number in this exercise you can look up rather than estimate.

    Look up current new prices

  2. 2. Place the van on the age curve

    A caravan sheds value fastest in its first years, then the curve flattens, and eventually condition matters more than age at all. Our depreciation guide walks the shape and has an estimator you can drive with your own figures.

    The depreciation curve, with an estimator

  3. 3. Gather what comparable vans have actually sold for

    Comparables are the work. Look for the same range, a similar age and a similar spec, and remember that a listing shows what a seller is asking, not what anybody paid. Watching a handful of listings until they are gone teaches you more than any single asking price.

    Where the listings are

  4. 4. Adjust for what this particular van is and is not

    Work up from the comparables for documented history, well-maintained fitted gear and a layout in demand. Work down for deferred maintenance, tyres near the end of their life and anything you will have to fix before the first trip.

  5. 5. Price the fixing before you price the van

    Get a number on the work the van needs, then decide what it is worth to you with that number attached. A cheap van with a list is not a cheap van, and this is where most of the room to negotiate actually comes from.

    What to inspect, in order

  6. 6. Check for money owing before you agree on a figure

    A PPSR search tells you whether the van is security for someone else's loan. Do it before a deposit, not after, because a van carrying a debt is not a bargain at any price.

A figure is a starting point, not a valuation

What you build with this method is a well-argued opening position for one van on one day. If the number has to hold up for insurance, for a lender or for a family settlement, get a valuation from someone qualified to give one.

Gathering comparables

Where to check

Comparables come from the places vans are actually listed: the dedicated caravan classifieds, the general online marketplaces, dealer and consignment stock, and auction results. Each shows you something slightly different, so it is worth looking at more than one.

Dealer stock sits above private listings, because the price includes the yard's overheads and the consumer guarantees that come with buying from a business. That is a real difference in what you are buying rather than a mark-up you can argue away. Our guide to buying privately against buying from a dealer covers it.

Whatever you are reading, note the date and watch what happens to the listing. A listing that is still there in two months is telling you the asking price was wrong; one that is gone in a week is telling you something different again.

Financing a used or private-sale van

Worth knowing before you settle on a price: with a secured loan on a private sale, the lender runs the PPSR search, verifies the seller and clear title, and pays the seller directly at settlement. Money owing on the van is cleared as part of the deal instead of becoming your problem. The longer version is in our used caravan buying guide.

Jade Finance can arrange caravan loans and leases, including used and private-sale purchases.

A quote is not a loan application.Free, no obligation, no credit check to get a quote, about 2 minutes.If you want to go further, Jade handles the next step.

Get a used caravan finance quote

Jade Finance pays us a commission if you finance through them. About Jade

Quick answers

Used caravan price questions, answered

What is a good price for a used caravan?

A good price sits at or below what comparable vans have actually sold for, after the van has been inspected and the cost of any work it needs has come off the figure. Judging a price against other asking prices is the common mistake, because asking prices are what sellers hope for rather than what vans change hands for. The same number can be a good price on one van and a poor one on another: condition, documented history and what is included in the sale move the answer further than the year on the plate does.

How do I find out what my caravan is worth?

Anchor on what the same van, or its closest current equivalent, costs new today, then place it on the age curve and adjust for condition, documented history and what is included in the sale. Then test that figure against what comparable vans are actually selling for, rather than against what sellers are asking.

Is there a price guide for used caravans?

Used caravan values are settled by what comparable vans sell for rather than by a single lookup, which is why gathering comparables is the work. The upside is that a buyer who has done that homework knows more about a specific van's worth than someone quoting a generic figure at them.

Why do two used caravans the same age have such different prices?

Age is one of the weaker signals on a caravan. Condition, whether water has ever got into the structure, how the van was specified when new, how much documented history comes with it and how sought-after the layout is all move the figure further than the year on the plate does.

Do asking prices tell me what a van is worth?

An asking price tells you what one seller hopes to get. It is a useful data point once you have several of them and have watched which ones actually sell, but a single asking price is not a valuation and should not become your anchor.

Does a caravan hold its value better than a car?

They behave differently rather than one simply beating the other, because a caravan's value tracks condition and demand for its layout far more than it tracks distance travelled. A well-kept van with its history documented is in a different position from an identical one that has been left outside.

Should I get a used caravan inspected before agreeing on a price?

An independent inspection is the cheapest part of the transaction and the only step that reliably turns a seller's description into facts. It also gives you a costed list of the work needed, which is the most credible thing you can bring to a negotiation.

Start with the anchor

Find what the van you are looking at costs new today, and the rest of the method has something to measure against.