Caravan finance.

Was wondering if someone could give me some help. We bought a touring caravan on finance Jan 2020. Then came March all lockdowns and covid starting coming. We haven’t been able to use the van as much as we would have. The site have been fab with refunding fees paid, but what I want to know is where I would stand with trying to claim anything back from the caravan finance company. Paying for something we can use with no fault of our own. We obviously still want to keep our van, but my question is more around paying for something we can use. Would the finance companies take this into consideration for any future refunds etc? Thanks 
«13

Comments

  • JamoLew
    JamoLew Posts: 1,800 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 18 January 2021 at 12:28PM
    i think you may be expecting the impossible.

    If you had a car on finance (like millions of others) - you still have to pay for it even if its sat on your drive because you are WFH.

    Annoying and galling - yes, but that's how it is

    Edited:  They may consider/allow a payment holiday if your finances are tight/affected - but generally, I would't suggest you ask unless you really have to
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
     Paying for something we can use with no fault of our own. 
    Nor is it the finance company's. Generally termed an Act of God. Best of luck getting him to pay up. 
  • sheramber
    sheramber Posts: 21,745 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    You didn't take out finance to use the caravan, you took it out to buy it.
  • tripled
    tripled Posts: 2,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Was wondering if someone could give me some help. We bought a touring caravan on finance Jan 2020. Then came March all lockdowns and covid starting coming. We haven’t been able to use the van as much as we would have. The site have been fab with refunding fees paid, but what I want to know is where I would stand with trying to claim anything back from the caravan finance company. Paying for something we can use with no fault of our own. We obviously still want to keep our van, but my question is more around paying for something we can use. Would the finance companies take this into consideration for any future refunds etc? Thanks 
    You would stand in the same place as someone who bought it for cash, and then tried to claim lost savings interest back from their bank.
  • Aylesbury_Duck
    Aylesbury_Duck Posts: 15,437 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 18 January 2021 at 1:46PM
    The obvious question is: Who do you think should be contributing to the cost of your caravan, if you don't think you should be paying for it entirely?
  • Nebulous2
    Nebulous2 Posts: 5,613 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Was wondering if someone could give me some help. We bought a touring caravan on finance Jan 2020. Then came March all lockdowns and covid starting coming. We haven’t been able to use the van as much as we would have. The site have been fab with refunding fees paid, but what I want to know is where I would stand with trying to claim anything back from the caravan finance company. Paying for something we can use with no fault of our own. We obviously still want to keep our van, but my question is more around paying for something we can use. Would the finance companies take this into consideration for any future refunds etc? Thanks 
    Is your touring caravan on a seasonal pitch? 

    Caravans were very popular last year because of the limited ability to go abroad. Sites were fully booked much more than usual when they were allowed to open. You’ll have saved a bit on depreciation. I bought a caravan October 19 and it’s worth 2-3,000 more than we paid for it. 
  • sheramber
    sheramber Posts: 21,745 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    You may get a payment holiday but that will mean extra interest as the term will be extended.
  • The product you bought from the finance company was the 'finance'.
    Nothing has changed with respect to your use of that product.
  • Nebulous2 said:
    Was wondering if someone could give me some help. We bought a touring caravan on finance Jan 2020. Then came March all lockdowns and covid starting coming. We haven’t been able to use the van as much as we would have. The site have been fab with refunding fees paid, but what I want to know is where I would stand with trying to claim anything back from the caravan finance company. Paying for something we can use with no fault of our own. We obviously still want to keep our van, but my question is more around paying for something we can use. Would the finance companies take this into consideration for any future refunds etc? Thanks 
    Is your touring caravan on a seasonal pitch? 

    Caravans were very popular last year because of the limited ability to go abroad. Sites were fully booked much more than usual when they were allowed to open. You’ll have saved a bit on depreciation. I bought a caravan October 19 and it’s worth 2-3,000 more than we paid for it. 
    Yep same with ours! They have rocketed in price. Which is good for us :)
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 619.9K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.