Seeing a ton of RV's for sale...
In my travels I'm seeing a bunch of later model RV's of every description for sale in peoples yards, driveways, sitting in empty lots, on Craigs List and in the local paper. I wonder what gives. ...
Forum Discussion
Aridon wrote:
Seems like a good idea until the payments keep rolling in and you spend more time at work than you thought you might.
Many of these units will be sitting a long time as well because the average Joe doesn't know to get 30% off asking. They likely owe far more than it is worth and as a result you see many 1, 2, 3 year old units for sales on rv trader for at or more than you can get a brand new ordered one.
The economy has been on a tear since the last recession and we are due for a pull back. Natural that all these big trucks and other toys see declines and autos have been in decline for several months now. It is coming.
I agree with you...
Like Ralph said in a previous post, one 'bump in the road and the RV industry will be on it's butt'. Gas prices or economic woes will do it.
There are a bunch on CL and they are asking way more than they are actually worth and from what I see, most are kept outside and probably not maintained so in all likely hood, leaking.
I'm lucky in that I can keep my unit inside in the off season, in my barn at no storage cost to me.
From the prices I see (asking), I imagine lots of people are upside down on RV's. You can really extend the payment duration but the interest kills you and it's not a deductible for most folks.
