As the cost of living continues to rise in the UK, an increasing number of individuals are opting for a significant lifestyle change, choosing to reside full-time in motorhomes. However, amidst this trend, there is uncertainty surrounding the financial implications of running a motorhome, leading many to question whether they can afford such a lifestyle shift. So, how much does it cost to run a motorhome?

Depending on expenses, the average person will spend over £4000 per year to run a motorhome daily. Costs including fuel, repairs, MOT, and various others are part and parcel of motorhome ownership. Nevertheless, it's vital to understand that with the right knowledge and effective saving strategies, managing these costs is very doable.

To find out how much it costs to run a motorhome, whether or not you can live full-time in a motorhome or not, and more - keep reading.

How Much Does It Cost To Own a Motorhome?

There are various expenses to factor in when owning a motorhome; nonetheless, the thrill of adventures that come with owning one will consistently outweigh the cost. Some costs to consider include:

Fuel - With fuel, you will be spending approximately. £100 per tank of diesel, approximately 400 miles per tank.
MOT - MOT for a motorhome is roughly £58.60.
Service - This is approximately £100-£200, depending on the level of service required.
Repairs - It is sensible to budget a certain amount for repairs each year, for example £500.
Insurance - Insurance for motorhomes varies hugely depending on the usual factors such as age, years of no claims bonus, previous convictions etc. You should take some time to shop around, but it approximately costs anywhere from £600-£1500.
Tax - The average tax for a motorhome is around £325 per year.
Charges - Check eligibility of emission zones before travelling. Also, check toll charges.

Motorhome Cost: Is It Expensive To Run?

The expense of running your motorhome depends on the extent you use it. When staying at a campsite, you'll incur nightly fees along with any charges for electricity hookups. Opting for off-grid camping can significantly lower expenses, but it's essential to verify any restrictions on overnight parking beforehand.

At Mint Campers, we equip our vehicles with ample solar power, offering you access to a cost-free energy solution - making it even more cost-efficient! Contact us today for further details.

Is It Cheaper To Live in a Motorhome Than a House?

Yes, it is considerably cheaper to live in a motorhome than a house. Over half a million people in the UK have decided to make this change and live full-time in their motorhomes. Living in a motorhome entails lower expenses overall, including maintenance and daily costs, compared to residing in a traditional house. However, what you save in costs you potentially lose in amenities.

Benefits of Living in a Motorhome

More free time. An advantage of living in a smaller living space is that it’s easier to keep on top of, meaning that you will have more free time to pursue your hobbies.
Cheaper than living in a house. As mentioned above, living in a motorhome is cheaper than living in a traditional house. This means that you will have more money to spend on adventuring and interests.
Sense of freedom. The sense of freedom of living in a campervan is like no other. You can start your day in a different place every day and constantly explore new areas.
It is easy. With the 44% increase in remote working, it has never been easier to work from the comfort of your motorhome. This means that you can still have a solid income, without the traditional lifestyle.
You will always have the option of your home. Living in a campervan doesn't mean giving up your home. You can stay in your motorhome temporarily without selling your house if you can afford it, or find alternative housing if you decide to return to traditional living.

How Much Do I Need To Save For a Motorhome?

To budget for a motorhome, expect costs ranging from £40k to over £200k. It's crucial to plan your travel destinations, companions, and duration. Consider noting down potential destinations and envisioning a typical day's use, such as remote work in warm climates or frequent moves to off-grid sites in colder regions. This preparation will guide you in selecting or designing the ideal camper to suit your lifestyle.

Things To Know Before Buying a Motorhome

Before purchasing a motorhome, there are numerous factors to consider. It constitutes a significant commitment and a substantial shift in lifestyle. If you're unsure where to begin, here are some essential things to know before diving into buying a motorhome:

What will you be using the campervan for? Think long-term and how your needs will change over time.
Where will you park the campervan?
How many people will be using the campervan?
Will you need to rent out your campervan to offset the cost of owning it?
Does it need to double up as a commuter vehicle for example?

How Much Is Motorhome Insurance?

In short, motorhome insurance can range from £600-£1500 for personal comprehensive insurance. However, this can be higher if you are looking to hire out your camper. The Mint Campers team recommends insurance through the caravanning and motorhome club.

Why Choose Mint Campers

At Mint Campers, we take pride in our work. With our exclusive approach, the 'Mint Look', customers can infuse their personal touch into every aspect of their campervan. Using our expertise, we ensure the creation of the ideal mobile home tailored to your desires. Contact us today for a FREE consultation to explore your vision of the ultimate home-away-from-home. Not only that but if the cost is causing you worry, we can supply and fit Thatcham 5 trackers to our vans to help reduce the yearly insurance cost.

How Much Does It Cost To Run A Motorhome?