The camping industry is going to be hit hard
Just think of all the unsold units in stock. Also think of all the for sale by owner units out there. Now factor in the individuals who won't have any income or expendable cash for a while. It will ...
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I am more thinking about cars and trucks. There were stories circulating before this thing ever began about people who were upside down on their car loans. They borrowed all the money at a high interest rate for to long of a period. They were just barely making the payments. Now, with the layoffs they are not going to be able to afford that car, that they could not really afford before, but thought that they could.
The upside is that in awhile the auto lots will be so full of slightly used cars, and trucks, that they will be very willing to make a deal on. The downside is that they will then complain about going broke and we will have to bail them out.
I wonder if RV's will be the same way and used ones will become cheaper in the near future ?
The upside is that in awhile the auto lots will be so full of slightly used cars, and trucks, that they will be very willing to make a deal on. The downside is that they will then complain about going broke and we will have to bail them out.
I wonder if RV's will be the same way and used ones will become cheaper in the near future ?
