Buying a Former Rental Class C. How many of us out there?

SJ-Chris wrote:

Seems like a strange business model that company has...They buy it new and THEY eat the immediate depreciation when they turn around and sell it with 6000 miles. Hard to believe the rental income from 6000 miles worth of rentals would be worth it to them.
-Chris

To touch on this a bit,this business model was in use back in 2012 by Road Bear. They were selling 1 to 2 year old RVs with low mileage.They were acquired by a New Zealand company, Tourism Holdings Limited.

Here is an example

Their business model was what they call flex fleet they buy in large lots across a peak season then are sold in 9-18 month period opposed to the 5-6 year traditional model.

They went on to buy up many other RV rental Companies in New Zealand and Australia UK and Europe. Most recently in 2017 El Monte RV then Sept of this year Apollo/Canada Dream an Australia company,They also had been using this model for some time.

Apollo had a lot near me and in 2017 I visited their lot they had about 100 units and about half were for sale I was amazed that the were all about 1-2 years old and low mileage.

Here is a picture of that lot

I don't know what company that Deb and Ed bought from but they may be affiliated with one of these. We may find out.

From my recent research it seem that Cruise America follows the old model,buying purpose built RVs and selling them with high mileage and 4 or more years old.

Where the others buy production models,like mine is,and selling them newer and with low mileage.

It seems to be working, they are just getting bigger.