RV retail sales drop 31% April year over year.

RetiredRealtorRick wrote:
Remember this from recent days: "A major RV maker now has more than $18 billion in backlogged orders and says its dealers may not be fully restocked until 2023"

Of course, the article was referring to Thor. Odd, however, that when I do a nationwide search on RVTrader, I find OVER 5,500 brand new, unsold, Thor products sitting on the ground on dealer's lots, or imminently inbound -- and that's just the Thor brand, not factoring-in any of the other companies owned by Thor.

I just find it interesting.

While I get your point 5500 RV's nationwaide is not a huge number

Remember this from recent days: "A major RV maker now has more than $18 billion in backlogged orders and says its dealers may not be fully restocked until 2023"

Of course, the article was referring to Thor. Odd, however, that when I do a nationwide search on RVTrader, I find OVER 5,500 brand new, unsold, Thor products sitting on the ground on dealer's lots, or imminently inbound -- and that's just the Thor brand, not factoring-in any of the other companies owned by Thor.

I just find it interesting.

solman wrote:

Interesting to see where the numbers end up if fuel prices remain high.

I predict here.



And in breaking news LOL.................Holy Hot Sauce Batman

Let the hoarding begin!

This is good. Where are the EV RVs????

Acampingwewillgo wrote:
Maybe I'm way behind on developments in the trucking/RV industry as to electric vehicles in that arena....but where is the outcry from these manufacturers? I don't see a battery powered HDT or motor home in the near future.

They're coming, but slowly.

Winnebago showed a Ford eTransit based EV:

https://fordauthority.com/2022/01/winnebago-e-rv-concept-debuts-as-ford-e-transit-camper-alternative/

But it's still a concept vehicle, not for sale. The 120 mile range is limiting for many people, but for those that like to go on weekend trips near home, it'd work fine. It would cover around 80% of my RV trips.

They announced a Class-A concept with the same range.

The cost (and availability) of the large battery needed for long range is the biggest limiting factor, eventually that will be solved, along with charge time. Tesla claims 300-500 miles of range for the Tesla Semi along with 30 minutes of charge time to add 400 miles of range at a Tesla "Megacharger".

I was just thinking about all this yesterday and with politics aside!

My diesel motor home has sat in my driveway for months now. We could afford it but I refuse to pay the close to 7 bucks a gallon here in Calif. Add to that the direction we seem to be going...buy electric, buy electric, you get the picture. Maybe I'm way behind on developments in the trucking/RV industry as to electric vehicles in that arena....but where is the outcry from these manufacturers? I don't see a battery powered HDT or motor home in the near future.

I was trying to picture RV'ing with no fossil fuel....load the electric car with tent and cruise quietly to the local campground? I'm not really complaining, I'm old enough to figure it's going to be a New generation issue but an issue that is and will be here before we know it.

propchef wrote:

shum02 wrote:
I'm already seeing rigs for sale that have not even been used yet here in Ontario.

Here as well, although in almost every case they're asking what they paid new which is usually too much for a used unit, even if it's never been out. I see this with the Lance's and Airstreams in particular, where someone paid top dollar for new and are now selling, asking more for a used unit than a current new one (after discount).

Stands to reason. A lot of dreamers in Cali!

shum02 wrote:
I'm already seeing rigs for sale that have not even been used yet here in Ontario.

Here as well, although in almost every case they're asking what they paid new which is usually too much for a used unit, even if it's never been out. I see this with the Lance's and Airstreams in particular, where someone paid top dollar for new and are now selling, asking more for a used unit than a current new one (after discount).

You guys are pretty close to naming the factors that affect a demand curve.

Complements are goods that are consumed together. Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. Take a deeper dive into how changes in the prices of complements and substitutes affect the demand curve in this video. Created by Sal Khan.

In this case:

* Complimentary goods = fuel
* Substitute goods = new vs used

https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/basic-economics-concepts-macro/demand/v/price-of-related-products-and-demand

I wish gasoline prices were "approaching" five dollars a gallon in California.