3 tons wrote:
schlep1967 wrote:
Seeing that price makes me feel like I stole my 42 foot Montana!!
Well, consider that a million bucks $$ ain’t what it use to be, then consider the actual cause of the ongoing value dilution of the dollar :h, and (nowadays…) the very high unlikelihood that it’s depreciation can long term be slowed down…
I accept that this is uber counter intuitive, but at some point it may occur to some folks to spend whatever is their ‘discretionary moola’ while it still holds substantial value - especially for those fixed income folks who don’t get COLA or pay raises!!…This points to a kinda inflection point the considers the continued depreciation of money, meaning, it’s NOT that commodity cost are going up, rather it’s that the ‘true value’ of the currency keeps going down…With this in mind, sometimes deferring known future purchases may be seen as something worth avoiding…
3 tons
I am calling the bluff of people like you. The idea that blowing cash today on a depreciating asset like an RV is financially prudent and somehow protects one from inflation's wrath is laughable, especially considering how house prices are now crashing. If hard assets like real estate are crashing, just imagine what's going on with paper mache boxes like RVs.
A friend decided to sell their gently used, less than 2 year old RV recently. The market is NOT what they had envisioned. The dealer they bought it from gave them a sobering quote of more than $20k less than they paid. Private party will likely be a better route - assuming there is a cash buyer or somebody qualified for a loan at the new, skyrocketing rates.
No sale yet. Not even close.