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outwestbound's avatar
outwestbound
Explorer
Apr 09, 2014

Best time to buy a premium USED fifth wheel?

Newbie Question: I read this topic posted here: Link that asked about best times to buy NEW.

I have the same question; namely, what's the best time to buy, but I'm looking a USED fifth wheel for the purpose of going full time. The decision to buy USED has been made, because I want a quality brand for full-timing that I'm not willing to buy new.

The "RV business" seems to follow the typical inventory cycle of NEW auto/ trucks - next year's new stuff out later summer/ fall, then concessionary pricing to clear last year's stuff, then RV shows Jan - March sponsored by manufactures, who subsidize dealers with more concessions to clear the lots of whatever is left of last year's NEW stuff. I attended a show in Greenville SC a month ago and visited dealers. Everyone says NEW unit sales are way up in 2014 year over year, which looks consistent with industry reports I've read and managements' discussion in public financials, like Thor.

I'm guessing that the USED inventory levels match NEW sales, as folks trade out of existing units. Would this be correct?

I have two issues; 1) should I buy USED this year vs. next to avoid higher prices next year due to an improving national economy, 2) whichever year I buy, where in the cycle should I buy - the frenzy of spring or sleepy winter.

IF current NEW demand was pent-up during the recession, then the current USED inventory should be very high, offering good selection. For all I know, it's low, if a massive bulge of repossessed units has finally burned off; don't know. When I review today's blizzard of USED units on say RVTrader, etc., I have no way of knowing whether this is a buying opportunity or to wait.

Money isn't the issue; ready to go. I'm in investment management, so I'd like to think I could time this $65-$70 purchase right. My fear is if I wait until winter, the USED inventory will be picked through and although price may be better, my selection will suffer. But I'm in no hurry and would wait if winter saves me money.

Is competition in the premium USED units (Peterson, Redwood, NU WA, DRV, etc.)greater than more moderate priced lines?

Thoughts?

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