Hire Vs Buy

See the benefits of hiring a van instead of the costly obligation of buying your own!

We have provided a table below which gives you some comparisons of the annual costs associated with hiring a caravan or camper, compared with the annual costs associated with purchasing your own caravan or camper.

While this table should be used as a guide only, we believe that many Australians don’t get the use out of their caravans and campers due to work commitments, overseas travel and many other reasons.

By hiring a caravan or camper, you get the benefit of choosing a van to suit your current lifestyle, while also having the benefit of not having a large amount of money tied up in an asset that you may only use 1-2 times per year and can take up to 12 months to sell.

 $60,000 New Caravan

Buy 
Storage$990.00
Insurance$950.00
Service/Maintenance$500.00
Registration$60.00
Interest on Loan at 6%$3,600.00
Depreciation at 5%$3,000.00
Total per annum$9,100.00
Hire 
1 week holiday in January$950.00
1 week holiday in August$750.00
Weekend away$600.00
1 month holiday up north$2,700.00
Total per annum$5,000.00

In 5 years, you have paid over $45,000 in costs and still have a $60,000 loan on a 5 year old caravan that may not suit your lifestyle.

After 5 years of hire you’ve saved yourself thousands, you will have no loan and are still hiring a brand new caravan to suit your current lifestyle and you have an extra $20,500 in your pocket.

 $35,000 New Caravan

Buy 
Storage$990.00
Insurance$600.00
Service/Maintenance$400.00
Registration$60.00
Interest on Loan at 6%$2,100.00
Depreciation at 5%$1,750.00
Total per annum$5,900.00
Hire 
1 week holiday in January$850.00
1 week holiday in August$650.00
Weekend away$520.00
1 month holiday up north$2,340.00
Total per annum$4,360.00

In 5 years, you have paid almost $30,000 in costs and still have a $35,000 loan on a 5 year old caravan that may not suit your lifestyle.

After 5 years of hire you’ve saved yourself thousands, you have no loan and are still hiring a brand new caravan that suits your current lifestyle and you have an extra $7,700 in your pocket.

Hire Rate Hire Vs Buy

October - April(incl. School Holidays)May - September(excl. School Holidays)Long Weekends
Daily$$$
Weekly$$$
Discounts apply for four weeks or more.