Mike Bailey, CAVA Finance 0161 222 9599
Hints & Tips, News

The demand for motorhome holidays is on the rise as the travel industry recovers from the impact of Covid 19. The travel and tourism sector was and still is, one of the hardest hit by the impact of the global pandemic. With flights grounded, hotels closed and holidaymakers frustrated over last minute cancellations and late refunds, it’s been a difficult few months. 

However, there are attempts to revive the industry and over the last few months there has been an increase of 4.5% of deals from travel operators across the global travel sector, in a bid to encourage bookings.

Jumping on a plane might be the last thing on your mind right (unless you’re one of these people!) now which is why, unsurprisingly the UK has seen a huge boom in those opting to holiday in the UK.


Staycation Nation

The staycation trend has created a surge in the demand for motorhomes and campervans, with people choosing to invest in a safer way to get away.

Foreign travel remains uncertain, with travel corridors, restrictions and quarantine rules changing regularly. This has caused an increase in Brits option to book a getaway closer to home.

We’ve seen huge increase in both enquiries and finance agreements for motorhomes over the past few months and so wanted to highlight that this is an area which CAVA Finance can certainly assist with. We’re also saddened to see buyers being scammed by fake adverts from fraudsters which is why its always best to discuss your requirements with a professional.

Motorhome and campervan dealerships reopened to the public on the 1st of June and since then dealerships have reported a surge in demand for leisure vehicles. This offers some sense of relief to both manufacturers and dealers, after losing out on sales during what would usually be their busiest period in March and April.

According to Car Dealer, VW have reported a 250% increase in quotes for one of their most popular models, whilst Autotrader discovered that 40% of those surveyed were planning a 2020 staycation. They have suggested that caravan holidays will match hotel stays during 2020.

If you’re looking to secure a motorhome or campervan, be aware that dealerships and manufacturers are experiencing high demand and as such stock may be limited due to delays around manufacturing but we can work with you to either assist in your search or secure finance for a motorhome which you have sourced.


New Models of Motorhome

Dealerships will be looking to introduce new models during September so there is an opportunity to seek finance on older or used models, with the potential to make a saving.

If you’re reluctant to venture abroad and are looking to invest in a way to escape, then a motorhome could be the perfect solution. A survey from MBH Corporation has found that a large percentage of people were opting for a motorhome or caravan holiday to avoid either flying or staying in a hotel during the pandemic, as they’d prefer to have their own space.

How often would you usually go away and how much would you typically spend on holidays in a year?

Perhaps a motorhome a more sensible option for future holidays given the uncertainty of future foreign travel, allowing easy and frequent getaways, more freedom, and the chance to rediscover the beauty of UK destinations.

If you would like any more detail or would like to discuss your requirements for a motorhome or campervan call Mike on 0161 222 9599 or contact us here.

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News

Records released by highways England show that a huge number of breakdowns occurred in the financial year 2018/19. 224,225 breakdowns were recorded which sees an increase of a fifth in just two years.

 

Why are we seeing more breakdowns? Well, the average age of cars is increasing. Back in 2003 the average age of a vehicle was 6.8 years old, rising to 7.8 by 2015 and as of last year 8.2. As we know, with old age comes a few health implications!

 

Traffic volumes have been ruled out as a cause of increased breakdowns as figures have remained steady in recent years with minor increases, indicating that vehicle age is the root cause.

 

Figures were provided to Auto Express and they’ve reported that in the last two years breakdowns have increased by 14.8% compared to 2017/18.

 

Despite Highways England only being responsible for 2% of England’s roads, which amounts to 4,300 miles worth, a third of the country’s traffic is carried just on these roads.

 

In 2018, July and August were the busiest months for breakdowns as families headed on to summer getaways and weekend breaks.

 

CAVA agrees with the AA’s head of roads policy, Jack Cousens who says: “Breaking down on a motorway can be a frightening experience, so spending a few minutes before you set off checking your car over could make all the difference.”

 

This is further backed by the RAC’s Simon Williams; “These figures serve to highlight the importance of carrying out checks before setting off. A lot of breakdowns are entirely avoidable if drivers check oil and coolant are at the right levels, and ensure all tyres are inflated properly and have sufficient tread.”

 

Do you have any journeys planned over the coming months? Don’t forget to make simple checks before you set off to help prevent a breakdown. If you find you are breaking down, then perhaps it’s time to give CAVA a call on 0161 222 9599 and look at a new vehicle that can get you from A to B without the hassle?

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News

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