Forum Discussion
John_Joey
Jan 31, 2014Explorer
workhardplayharder wrote:John&Joey wrote:
I just don't see a growing market for Class A's anymore, or even RV'ing in general.
I was lucky I sold my MH last summer. Only had two inquiries and the second one bought it. This was after 4 months of listing it.
If you don't mind sharing, what was the book value vs selling price?
I priced it at NADA low retail with zero options added on. It had a generator and levelers and low to normal miles. It was in great clean shape. The wife told the husband that if they didn't buy that MH, they were going to stop looking. I guess she was pretty sick and tired of seeing a bunch of poorly maintained MH's. I let the MH go in a condition that you could have taken off cross country only needing to pack your clothes and a Visa card. BTW, the buyer gave me full asking price because they knew they were getting a very good deal. I liked the couple where I dropped the price $100 so they could top the tank off (it was above 1/2.)
Like I said above, I only got two inquires on the rig. The first one was just a tire kicker. I simple do not see the RV industry growing by leaps and bounds given the cost of the rigs, price of fuel, poor craftsmanship, and the cost of camping ($30+/night.) A prior post commented that a RV salesmen said they were flying out of the lot. Well I think any salesmen would say that if they wanted to stay in business. A prior poster sold theirs on E-Bay which makes sense to me since you're increasing your potential market base of shrinking potential buyers.
With some research I can find a hotel suite with free breakfast/newspaper/WIFI in an upper chain hotel for about $60/night. Bed bugs and all that other non-sense does not scare me (as it doesn't scare most that travel by auto.) $60 would only cover 2 or 3 nights of camping, 1/4 tank of fuel (150 miles), 1/3 of one tire, a full tank of propane, half of a hand wash and wax, etc... This is the reason I think the RV industry is in for hard times.
What I really do miss is the freedom a RV gives me. I could pull over and spend a week or more in a location if I wanted too. When you turn the key off is when a MH reins supreme. I'm retired so I have that type of time, most do not. It's hard to have a luxury item during poor economic times. Maybe that 1% group is buying MH, but I'm guessing those 47%'ers are not (new or used rigs.)
Didn't mean to get so long winded for your simple question. Curse of being retired with a morning cup of coffee I guess ;)
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