Discover how financing your campervan makes ownership more attainable and how Spartan Campers can help you get on the road.
Owning a campervan is a dream for many—whether it’s the allure of spontaneous road trips, weekends in nature, or the freedom to explore the UK and beyond. But let’s face it, buying a campervan outright can be a big financial commitment. Fortunately, financing can make that dream much more achievable. At Spartan Campers, we understand the desire to hit the open road, and that’s why we work with Creative Funding Solutions to offer flexible finance options. In this blog, we’ll explore the pros and cons of financing your campervan while leaning toward how finance can make your dream van a reality.
The Pros of Financing Your Campervan
1. Affordable Monthly Payments:
One of the most significant benefits of financing is that it spreads the cost of your campervan over manageable monthly payments. Instead of shelling out a lump sum, you can budget your payments alongside your usual expenses, making campervan ownership accessible even if you don’t have the full amount saved up.
2. Get Your Dream Campervan Sooner:
Waiting to save up enough to buy a campervan outright could take years. With finance, you can get behind the wheel much sooner and start creating unforgettable memories without delay. Why wait when your next adventure could be just around the corner?
3. Preserve Your Savings:
Instead of draining your savings or compromising on your ideal van, financing allows you to keep that money aside for emergencies or other essential expenses. You get the freedom of a campervan without leaving yourself financially vulnerable.
4. Flexible Options:
Our partnership with Creative Funding Solutions means you have access to a range of finance packages tailored to your budget and circumstances. Whether you’re after a lower monthly payment or a shorter loan term, we’ll work with you to find the best solution.
5. Potential Tax Benefits (for Business Use):
If you plan to use your campervan for business purposes—like a mobile office or promoting your outdoor brand—you may be able to claim tax deductions on interest and depreciation. Always check with a financial advisor for your specific situation, but it’s worth considering!
6. Fixed Rates for Peace of Mind:
Many finance packages offer fixed interest rates, giving you the confidence that your monthly payments won’t change over time. This makes budgeting easier and eliminates surprises down the line.
The Cons of Financing Your Campervan
1. Interest Charges:
Naturally, financing comes with interest, which means you’ll pay more than the van’s purchase price over time. However, the convenience and ability to own your dream campervan sooner often outweigh this cost, especially if you secure a competitive rate through our finance partners.
2. Long-Term Commitment:
Committing to monthly payments for several years can feel daunting. It’s essential to assess your financial situation and ensure you’re comfortable with the repayment schedule. Our finance calculator can help you understand the monthly costs and overall commitment before making a decision.
3. Depreciation:
Like most vehicles, campervans can depreciate over time. However, our VW T6 and T6.1 models hold their value well, particularly with Spartan Campers’ quality craftsmanship and attention to detail. Plus, the lifestyle value of endless road trips and adventure often outweighs any potential loss in resale value.
4. Risk of Negative Equity:
If your van’s value drops faster than you pay off your finance, you could end up in negative equity. This is why it’s crucial to choose a well-built, high-quality campervan that retains its value—like those from Spartan Campers.
Why Financing Makes Sense for Your Campervan Dream
Ultimately, financing your campervan is about turning your dreams into reality without waiting years to save up. Yes, there are pros and cons, but with the right approach and a well-considered decision, the benefits far outweigh the drawbacks. At Spartan Campers, we believe that life is for living, and sometimes that means grabbing the opportunity to own your dream campervan now rather than later.
We make financing straightforward and hassle-free, with our partnership with Creative Funding Solutions offering flexible, affordable packages that suit your needs. To see how affordable your campervan could be, use our finance calculator and take the first step towards your new adventure.
