The newbie’s caravan checklist

Published on December 3rd, 2020
  Written by 
Bill Tsouvalas
Bill Tsouvalas is the managing director and a key company spokesperson at Savvy. As a personal finance expert, he often shares his insights on a range of topics, being featured on leading news outlets including News Corp publications such as the Daily Telegraph and Herald Sun, Fairfax Media publications such as the Australian Financial Review, the Seven Network and more. Bill has over 15 years of experience working in the finance industry and founded Savvy in 2010 with a vision to provide affordable and accessible finance options to all Australians. He has built Savvy from a small asset finance brokerage into a financial comparison website which now attracts close to 2 million Aussies per year and was included in the BRW’s Fast 100 in 2015 as one of the fastest-growing companies in the country. He’s passionate about helping Australians make financially savvy decisions and reviews content across the brand to ensure its accuracy. You can follow Bill on LinkedIn.
Our authors

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

At Savvy, our mission is to empower you to make informed financial choices. While we maintain stringent editorial standards, this article may include mentions of products offered by our partners. Here’s how we generate income.

A lot of us are here because we know and love caravanning – but those venturing into the sometimes pleasure, other times “sport” of caravanning got there the hard way through trial and error. If you’re a bit stuck on what kind of caravan is right for you, or just need a bit of a helping hand, this post is for you.

What can your car tow?

Before looking around Caravan World or on classifieds sites or trade shows or anything you have to STOP…and look at your current towing capacity. You won’t be going anywhere if your current car can’t support the towing weight of your caravan. Once you’ve worked out that, you can move on to the fun stuff.

What’s your budget?

It works the same for cars and homes. Sometimes your budget determines what kind of caravan you can get. Do you go for a new traditional caravan or a used RV? What will give you the most value? Cast a wide net when you’ve set your budget so you can have a really solid shortlist. TIP: Find “pre-approval” for a caravan or RV loan, so you have a precise budget. This also helps you in negotiating a price, too.

Where are you going?

Isn’t that always the question? But on a more serious note, where you intend to take your caravan will inform your choice of caravan. A bigger caravan will require more fuel to tow. A smaller caravan might be great if you’re always going to stay in a caravan park with added accommodations. If you aren’t planning to sleep in your caravan, a foam mattress may do in place of a more comfortable spring mattress. If you’re going off-road or to remote areas, you might need a caravan that has space for water, tools, supplies, and so on. You need to keep this in mind.

What can you live without?

Some caravans are five-star hotels on wheels, while others are bare-bones affairs good for shelter and not much else. Though we’d all love modcons and such, your budget strikes some loftier notions down from the get-go. So what can you live without to free up capital for other things like rego and insurance?

Where to get more tips

If you’re on Caravan World, you’re heading in the right direction! There are loads of clubs, meetups and expos on all around Australia so you can speak to veterans to get more advice. There’s no shortage of handy hints from caravan lovers we can assure you!

Did you find this page helpful?

Thanks for your feedback!

This guide provides general information and does not consider your individual needs, finances or objectives. We do not make any recommendation or suggestion about which product is best for you based on your specific situation and we do not compare all companies in the market, or all products offered by all companies. It’s always important to consider whether professional financial, legal or taxation advice is appropriate for you before choosing or purchasing a financial product.

The content on our website is produced by experts in the field of finance and reviewed as part of our editorial guidelines. We endeavour to keep all information across our site updated with accurate information.

Approval for leisure loans is always subject to our lender’s terms, conditions and qualification criteria. Lenders will undertake a credit check in line with responsible lending obligations to help determine whether you’re in a position to take on the loan you’re applying for.

The interest rate, comparison rate, fees and monthly repayments will depend on factors specific to your profile, such as your financial situation, as well as others, such as the loan’s size and your chosen repayment term. Costs such as broker fees, redraw fees or early repayment fees, and cost savings such as fee waivers, aren’t included in the comparison rate but may influence the cost of the loan. Different terms, fees or other loan amounts may result in a different comparison rate.

In this article

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on pinterest

Looking for a leisure loan?

Compare over 40 lenders with Savvy and save on your next recreational vehicle purchase.

* Terms and conditions and lending criteria apply.

Smart money saving tips

Subscribe to our newsletter.

By subscribing you agree to our privacy policy

Related articles

Easily compare leisure finance quotes today

Compare competitive leisure finance for boats, caravans, camper trailers, motorbikes and more with Savvy today.

We'd love to chat, how can we help?

By clicking "Submit", you agree to be contacted by a Savvy broker and to receive communications from Savvy which you can unsubscribe from at any time. Read our Privacy Policy.