Practical Caravan

Caravanning MONEY MATTERS

SHOWROOM FINANCE

The caravanning lifestyle offers one of the best investment returns around: not necessarily in terms of cash, but you'll definitely profit from more freedom, greater pleasure – and priceless memories.

But this is still a major investment, whether you're a first-time caravan buyer or you have a tourer to part-exchange for a newer model. So choosing carefully how to finance your purchase could save you a small fortune.

The options include using savings, a personal loan, personal contract purchase (PCP), hire purchase (HP), personal contract hire (PCH), or a dealer/broker finance package. The key to getting the best deal is understanding all of those different ways to pay.

For starters, if you have enough cash sitting in the bank to purchase your caravan outright,

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