Holiday lodges and static caravans finance case studies

How the numbers work: worked examples

Example, not a real customer

Two lodges for a holiday park letting fleet

A holiday park adding to the lodges it lets. Two used twin unit holiday lodges on one agreement.

cash price: £90,000
20% deposit: £18,000
a month for 84 months: £1,233

Lodges let through most of the year, so a longer term keeps the payment well inside what they earn. Both go on one agreement with one payment date. Check how VAT applies to the units before relying on the figures shown here.

Worked out at a fixed rate of 11% a year, 11.8% APR on this example. Total amount payable £122,036 including the deposit.

Example, not a real customer

Four glamping pods for a farm

A farm adding holiday income. Four timber glamping pods.

cash price: £36,000
20% deposit: £7,200
a month for 60 months: £626

Planning permission came first, then the finance. Five years spreads the cost across several seasons of bookings, and the pods go on one agreement with one payment.

Worked out at a fixed rate of 11% a year, 12.3% APR on this example. Total amount payable £45,251 including the deposit.

These examples are illustrations to show how the finance works. Your rate, deposit and term depend on your business, the machine and the lender, and all finance is subject to status.