Forum Discussion
4runnerguy
Dec 10, 2014Explorer
Why are PUP prices up? Lack of competition. We're down to just a very few manufacturers.
Why are sales down? There has been a negative or flat real wage growth for the bottom 90%+ of the households in this country. These are the people who used to buy PUPs, but see their wage growth unable to keep up with inflation. If one has to give up something, a new RV would certainly be a place to start. Real wage growth for the top 5-10% has grown which explains why high end RV's continue to sell well.
Why are sales down? There has been a negative or flat real wage growth for the bottom 90%+ of the households in this country. These are the people who used to buy PUPs, but see their wage growth unable to keep up with inflation. If one has to give up something, a new RV would certainly be a place to start. Real wage growth for the top 5-10% has grown which explains why high end RV's continue to sell well.
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