Not being constrained by the check-in and check-out times of a hotel can make a holiday much more enjoyable. Knowing you can travel the length and breadth of a country on your own timescale can make you feel like a real adventurer. Being able to wake up, make your coffee and breakfast, and look out at the countryside before switching up your location is a freedom like no other. If you’d rather purchase a leisure vehicle, such as a motorhome, sooner rather than later, then here are some ways to put the wheels into motion –so to speak.
Use financing options
There’s no reason why you should have to pay the full cost of your caravan or motorhome outright. While there are plenty of second-hand vehicles on the market, you can still purchase one that’s brand new and modernized affordably. Financing essentially means you take out a loan for a leisure vehicle by paying it back over time. This means you don’t have to take a sizeable chunk out of your savings or save up for extended periods of time. You can pay your vehicle back at an affordable price in a way that suits you.
Crackdown on saving
The bigger deposit you hand over for your leisure vehicle, the better. If you want to own your home this year, you will need to increase the amount you are saving for a deposit. To start saving more in the short-term, you will need to streamline your budget. A good rule to work by is the 50/30/20 rule. It’s said that you can use half of your income for absolute essentials, 30% for convenience and treats, and 20% should be landing in your savings account. If you wanted to boost that amount quickly, you could start streamlining your unnecessary purchases and conveniences – if only for the short-term.
Plan your destination and book it
If you want motivation to get your hands on a leisure vehicle as soon as possible, then one way to motivate yourself is to book your destination ahead of time. Planning attractions and activities to enjoy means you will have an incentive to invest in your dream motorhome. Once you’ve planned some activities at your dream destination, you will have some incentive to start the purchasing process.
Research insurance in advance
When you go traveling or just driving for that matter, in a motorhome, you will need insurance. If you don’t want to delay the time it takes to finally purchase and use your motorhome, you will want to do some research first. Take a look to see what comprehensive cover you will need for traveling abroad, and which provider offers the best price for their services.
Saving for a leisure vehicle can take a bit of frugal-living, particularly if you’re hoping to buy it within the space of a year. However, thanks to financing methods, this isn’t necessary to pay off the full cost. Saving and planning just allows you to put forward a large deposit, so you can get a finance deal that you are satisfied with.