Future Used RV Market
There have been record numbers of RV's sold during the past year. Many are first time buyers who hope to enjoy the freedoms of camping during the pandemic. Many of these buyers have paid top dol...
Forum Discussion
NJRVer wrote:
Seems a lot of people on here are thinking that all the people who paid a small fortune for their RV are going to throw their arms up and put them up for sale for pennies on the dollar.
Don't count on it.
The vast majority of those who bought due to Covid in the Northern states will soon face reality if they haven't already. That is the campgrounds are closed until April, and even later the farther north one goes. Unless they want to drive or tow the RV far south it's going to sit for months.
Most do not realize the amount of maintenance involved without taking into account the bad build quality, materials, and methods used to begin with. They look at it like a car purchase and think its pretty much set it and forget it. I was at a large dealer last year tire kicking when it happened to be raining hard, and the amount of brand new rigs sitting on that lot which were leaking was beyond belief. Those were the ones you could see such as around slides and such.
By spring their will be plenty of water damaged units in northern states sitting on storage lots and in driveways/backyards, which will not even be worth pennies on the dollar.
