This could be a problem

There’s no business like the RV business...and there’s no people like those in the RV business.

CampingWorld Holdings Inc. (NYSE):

Around $16.xx from mid-Jan - mid Feb.

Hit a low of $3.xx in mid Mar.

Is now hovering around $10.xx.

Quote from the Motley Fool:

" . . . At this point, it is still unclear what impact the COVID-19 pandemic has had on Camping World's business. Some investors have wondered whether demand for its products could actually move higher as summer draws closer since camping could be a good social-distancing-friendly vacation activity compared to trips that require air travel or hotel stays."

RVIA March 2020 shipment snapshot on their website indicates overall shipments to dealers down 30 percent from March 2019. Towable shipments were down, but not as much as motor homes; they were down 39 percent. How much of the decline can be attributed to coronavirus vs dealers are overloaded with product is anyone's guess.

It is true. Lazydays in Tampa area is packed with customers each weekend. We just bought ours this past month. We are new to RV scene but the sales people are saying for the country being shut down, sales are really good.

I kind of expected an increase in rv sales because people aren't going to want to fly or stay in motels.

In my opinion people are more apt to purchase new vehicles that RV's and we know how bad the auto market is.

I would believe the increase IF people are losing their homes and looking to purchase an RV to live in. Many have been doing so in the past few years. I believe that foreclosures of homes have not been a major issue but could be soon.

Just been shopping...dealers are saying the same thing.

I suspect with the $1200 per person trump money plus $24/hr unemployment benefits...plus the $3-5k/person overseas trips out...people are looking to buy an RV as an alternative.

Now the question is if this continues till August or later, people will be running out of unemployment and things could boomerang and turn ugly.

I just bought a new 5th Wheel and every dealer I contacted by phone and through email claimed to be swamped with customers and I contacted over a dozen across the Eastern Part of the Country that had what I wanted in their inventory. I ended up buying at a dealer 4 hours from where I live. It took longer than normal to finalize negotiations but I think that's because they are all working with skeleton crews right now. What the OP is reporting is likely true though because banks aren't coming down on interest rates much for RV's and my credit score is 841 and my income to debt ratio is fine. I was able to negotiate a rate drop of .75% but it took work on my part to get a bank to agree. I didn't get any better deal than I would have at any other time. In fact, most of the dealers I contacted were very tight with how much they were willing to take off the MSRP. I was fortunate to find a dealer that had what I wanted and was willing to take 30% off. So in the end, I feel I got a fair deal but RV dealers are doing business as usual and that says their businesses are doing just fine.

rv industry are like there dealers, THEY,LL SAY ANYTHING

I wonder how many RVs are bought for temporary housing, like after Hurricane Katrina. The rental place near me is empty and the campgrounds are pretty much closed.