In recent years Class A sales of used MH's from the USA has surged. Especially DP's. There are even dealers/brokers who were importing them on a large scale. RV'rs discovered that they could save anywhere from 15 to 20+% after expenses. On a $10,000 unit that is a substantial amount. Even new units were being imported. Importing also allowed the buyer to choose from a larger selection. This has all changed. Today it will cost almost 1.45 to buy a USD. Americans are crossing the border to buy used Canadian units that have not yet been priced with the weak Loony. How will this affect the sales of new units in Canada? Very few people can afford to buy a DP for say $250,000 and then pay an additional $100,000 in exchange. Dealers will also have to adjust the prices of their new units tro reflect the additional cost.. There are no Class A's being built in Canada. Even if there were the chassis and more than 50% of the coach is imported. This is very important for dealers as well as potential buyers. Will certainly affect the RV lifestyle of many Canadians. Naturally I am hoping the loony will recover. But that could take a long time. It might never again achieve anything close to par.Moisheh

I think your analysis is pretty much spot on.

I think what you will find is that the US dollar will drop down to the value of the loony. We can't continue to print money without consequences. Our National debt is unsustainable.

As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.MoishehMoisheh

moisheh wrote:As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.MoishehMoishehHard to say. In 2001 the loonie was .62 cents or there abouts. RV sales were fine. People were buying class A's, trailer's fifth wheels. There are two new truck camper companies in BC this year. The market adjusts. People go camping. Trade deficits disappears and industry hires like crazy to keep up with demand for goods at a cheap dollar. Already happening in the forestry industry.

moisheh wrote:As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.MoishehMoishehThe higher the U.S. dollar the harder for their exports. The higher U.S. dollar makes manufacturing more profitable as they are paid in U.S. dollars. I import from 5U.S. companies and now with low dollar we are not doing none. local products are now cheaper.

Canadian Class A sales and the Loony | Good Sam Community

dezolen
Explorer
Jan 14, 2016
Sure glad I bought mine in 2013. I see same year model listed in USA higher than I paid in Canada. If I was to sell it would be an investment better than any stocks I own. Who would have known?
toolttime
Explorer
Jan 13, 2016
moisheh wrote:
As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.

Moisheh
Moisheh

The higher the U.S. dollar the harder for their exports. The higher U.S. dollar makes manufacturing more profitable as they are paid in U.S. dollars. I import from 5U.S. companies and now with low dollar we are not doing none. local products are now cheaper.
John___Angela
Explorer
Jan 13, 2016
moisheh wrote:
As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.

Moisheh
Moisheh

Hard to say. In 2001 the loonie was .62 cents or there abouts. RV sales were fine. People were buying class A's, trailer's fifth wheels. There are two new truck camper companies in BC this year. The market adjusts. People go camping. Trade deficits disappears and industry hires like crazy to keep up with demand for goods at a cheap dollar. Already happening in the forestry industry.
moisheh
Explorer
Jan 13, 2016
As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.

Moisheh
Moisheh
rgatijnet1
Explorer III
Jan 13, 2016
I think what you will find is that the US dollar will drop down to the value of the loony. We can't continue to print money without consequences. Our National debt is unsustainable.
Jack_Diane_Free
Explorer
Jan 13, 2016
I think your analysis is pretty much spot on.

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