Vehicles · Used market

The used market, explained

Used buying is a documentation exercise more than a mechanical one. The habitation body, not the engine, decides whether a price is fair.

Inspecting the habitation door seal of a used motorhome
Sealant that has been redone is the most reliable signal available on a forecourt.

How value behaves

Leisure vehicles depreciate steeply for three years, then settle into a long, shallow decline that has more to do with condition than with age. This is unlike cars, and it is why a well-kept ten-year-old vehicle can be worth more than a neglected six-year-old one of the same model.

The practical consequence is that inspection matters more than mileage, and that a £350 independent survey is the best-value expenditure in the whole purchase.

Depreciation

What to expect by age

AgeTypical lossWhat it means
0 – 3 years8 – 12% a yearManufacturer warranty and water-ingress cover usually intact. Premium prices, low risk, little negotiating room.
4 – 7 years6 – 9% a yearThe value band for most buyers. Habitation history becomes the single most important document.
8 – 12 years4 – 6% a yearDepreciation flattens. Repair costs rise. Buy on condition and paperwork rather than specification.
13 years +Condition-ledPrice is set by structural condition alone. A damp fault here frequently exceeds the vehicle's value.