FAQ By Our Static Sellers

FAQ

Listed below are some of our most frequently asked questions.
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Static caravans and lodges are a unique product, when purchasing your holiday home you will be presented with a 'total' purchase price. This price will comprise of three different components; 1) The static caravan that you have purchased - you own this. 2) The plot of land that the static caravan will be positioned on - you do not own this. 3) The desirability factor and location - you do not own this. For example, a consumer purchases a brand new static caravan at a total purchase price could be £69,999. Component 1; THE STATIC - At new, the static is worth £20,000 and it has a life span of 15 years. It will depreciate in the first year as it is now classed as 'used' and will not have the same net worth as a brand new one. As the static becomes older, it's value will depreciate based upon it's age. Typically this will depreciate by a 'chunk' in year one, then on a curve with each successive year loosing slightly less than the previous year until at year 15 it is worth just a few hundred pounds. For example; Year 1 - Minus £8,000 Net Worth £12,000. Year 2 - Minus £1,200 Net Worth £10,800. Year 3 - Minus £1,100 Net Worth £9,700. Year 4 - Minus £1,000 Net Worth £8,700, and so on. Component 2; THE PLOT - A static will be sold and placed upon a piece of land owned by the operator (park). Each plot within a park will have a 'rental' value, in this instance we will use the figure of £30,000. So for the consumer, the total price is now the static + the plot = £50,000. The plot will be sold on a lease agreement, often over 15 years. The plot will depreciate in a straight line depreciation scheme over the term of the license; Year 1 - Minus £2,000 Net Worth £28,000. Year 2 - Minus £2,000 Net Worth £26,000. Year 3 - Minus £2,000 Net Worth £24,000. Year 4 - Minus £2,000 Net Worth £22,000, and so on until at the end of the license, it is worth nothing. The IMPORTANT thing to remember about the plot is the fact that you DO NOT own the land, you have purchased a lease. So at the end year 1 the static & plot would be worth an estimated £50,000. Year 2 £46,800, Year 3 £33,700, Year 4 £30,700 and so on. These figures are only applicable at a 'retail value' if the static were to be sold 'on-site'. Component 3; THE LOCATION - The park or piece of land will have a desirability factor, no different to the location of a house. The simplest way to explain this is with 2 identical houses, both 3 bed detached and built exactly the same. One is located in Carlisle, the other on Park Lane, Mayfair, London. Despite being exactly the same they have a desirabilty factor based upon their location. In our above example we are using a location factor of £19,999. This factor is quite unique, because until 'bricks & mortar' the factor is governed by the park operator (how popular is the park) and by the length of the lease remaining. IMPORTANTLY, you should consider that you DO NOT own the desirabilty factor as it is a demand factor often governed by the general public. Let us put that into the above example; The customer purchases the static at £69,999 but then 6 months later a new park operator opens up a park 15 miles away with every conceivable amenity on it that a person would want. This can create a demand factor for the new park that could have a detremental effect on the park that the customer has just spent £69,999 to holiday in. So when it comes to valuing a static, there are two options, firstly to sell the static 'off-site' - this then means that it is JUST the statics net worth as there is no lease or location factors to be taken into account. Second, to sell the static as a 'private sale on-site' - this will take into account the remaining lease and the location factor.
If your static has outstanding finance, we can clear this for you direct to your finance provider. We can obtain settlement figure's from most major static finance providers to make the transaction quick and simple. Our customer care team will discuss these options with you upon acceptance of our offer.
Yes, you can sell accessories or additional equipment with your static for cash. However, here are some important things to keep in mind: Park Rules: Always check with the holiday park management, as they may have guidelines on what can be included in the sale. Condition of Items: Ensure any additional equipment, like outdoor furniture, decking, or appliances, is in good condition to add value to the sale. Documentation: Providing receipts or documentation for high-value items can help justify the price and support negotiations. Separate Sales Option: If preferred, you can sell items separately, especially if they are high-value accessories or upgrades.
As reliable and trusted buyers of statics, we believe in offering a completely transparent and hassle-free experience. Unlike some services, we do not charge any fees or impose hidden costs at any stage of the process. When you choose to sell to us, you'll receive a straightforward, fair offer that clearly outlines the value of your static. Once we agree on the price, you can rest assured that the full amount will be paid to you promptly, with no deductions or unexpected charges. Our goal is to make selling your static caravan as simple and rewarding as possible.
Yes, we make offers on a wide range of statics and lodges, depending on current market conditions and the specific condition of the unit. Our offers are based on factors like demand and the overall state of the static or lodge, ensuring a fair and competitive price that reflects the market value at the time.
The value of your static caravan is determined by several factors, such as its age, condition, make, model, features, size, current market demand, and maintenance history. Generally, newer and well-maintained statics with sought-after features tend to hold higher value. It's important to note that only the static itself is included in the sale; the land or park site is typically not part of the transaction, as this space is usually leased from the park owner for the duration of your license agreement.
Once you have accepted our offer of purchase, we will liase with you to make the neccessary arrangements to have the static disconnected and removed from site. We aim to do this as quick as possible.
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