RV sales are slipping
Sales of RVs are slipping: news
Forum Discussion
- We sold a surprising number of RV's at our show this past weekend given the temps were in triple digits. RV sales aren't slipping where I work. Guess the economy really is doing well.
- Huge inventories in South Texas. Oil field workers are still buying like crazy. Most people know that interest rates are low, fuel is cheap, and inflation is right around the corner. Good time to lock in a deal.
- Not sure what happened, but my local dealership (Modern Trailer) in Anderson, Indiana has an overflow lot at the front of their property, probably 5 acres or more? Anyway, last year the lot was filled up to the max with new units, in addition to the units on the main lot. They even acquired property across the road where folks could store their RV over the winter. I mean... lots of growth.
About 2 weeks ago when I went by there (just 5 miles from my home), I noticed about all of those units in the overflow area were gone. I drove by again just yesterday, and that front lot is now completely empty. I'm not sure what happened to all those units. They've just disappeared.
Signs of the times? Don't know. There aren't any RV shows going on right now which they would haul them all to? Lot empty now. Make me wonder what's going on. - We were in the Goshen, IN. earlier this summer. Could not believe how many units were sitting in fields with grass growing up around them.
- Fine with me. Maybe the quality of the product will improve...maybe. I think it has more to do with people coming to the realization that they might as well keep what they have (after they get the issues fixed), than buy another and have to go through that ordeal all over again. Where I'm at with mine. Every issue addressed (mostly by me because I'm handy) and now it's time to enjoy my issue free RV. Besides, I like to keep them at least 10 years. I keep mine inside when not in use. My last one still smelled new when I sold it at 10 years and got top buck for it too.
- The beginning of the article is full of negativity. But if you read on, RV sales are still at record highs and,one reason for less shipments is because they built too many the previous year. Yes, we could be heading for a downturn.After all, we have had an economy that took off slowly and then really heated up the past 3 years. Still,consumer spending is still strong,unemployment low and wages are up. All good signs.
- On the good side, the break neck pace of RV construction should slow down, and the riffraff should get laid off, resulting in hopefully slightly better built units, perhaps at somewhat lower prices.
- People get nervous about the economy and stock market bouncing around and they stop buying. For a while. Happens regularly.
Volatile political climate doesn’t help. - Those in the market for an RV will see awesome deals right after the new year
