Great time to Sell Your RV!
Demand has never been higher!! Pic is link to Camping World form on FB that you can fill out...23,000+ comments so far! Folks want to sell their rigs and get out from under the payment.
Forum Discussion
BurbMan wrote:Lwiddis wrote:
I'm betting the newbies did no maintenance. Buyer beware.
Read the comments, lots of 2015-ish units folks are tired of making payments on. Whether they did any maintenance who knows.
Point is that inventory has to be really low if CW is on FB looking to buy trailers.
Inventory may be low (which IS GOOD for companies right now as they can keep the SELLING price and profit up) it is more like CW is taking a "calculated risk".
They are trying to scoop up fire sale bargains from panicked sellers, lots of folks out of work or underemployed right now, market is ripe to buy dirt cheap from folks who are not in a good position to continue paying on a 8-12yr loan giving CW extremely undervalued inventory that they can resale at a huge profit.
Not to mention CW might be having issues landing new inventory quick enough with many factories shuttered or vastly crippled in output..
Remember the movie "Its a Wonderful Life"?
In the movie set around the great depression, Potter (the mean guy) buys up every property he can from panicked owners for $.50 on the Dollar (half of it's worth) and the good guy "Bailey Building and Loan" manages to keep a few customers that believe in him.. If it wasn't for Bailey, the whole town would have been vastly different.
I don't begrudge CW for making a profit, but this kind of advertising activity is pretty tacky to say the least (actually this thread is actually expanding their advertisement). And I would bet their offers are $.50 on the Dollar too boot..
