โNov-29-2020 08:42 AM
โNov-29-2020 01:15 PM
โNov-29-2020 01:06 PM
โNov-29-2020 12:51 PM
pulpwood007 wrote:We know.
Please...my OP had no intentions of politics or statements regarding the pandemic
โNov-29-2020 12:40 PM
โNov-29-2020 12:18 PM
โNov-29-2020 11:52 AM
valhalla360 wrote:
Assuming the vaccines are successful, we are probably looking at 2022 before we see a big dumping of RVs (if that happens at all). A lot of people will still be nervous about air travel for a year or two.
valhalla360 wrote:
Plus keep in mind, it's not unusual for a family of 4 to dump $10k into a 2 week vacation...so I don't think people are going to panic over a $20k RV sitting in the back yard.
โNov-29-2020 11:41 AM
bikendan wrote:
I think it will affect the supply and demand scenario. With a bunch of used RVs on the market, dealers won't be selling as many and they will have a glut of RVs, sitting on their lots.
They'll have to cut prices to compete with the used market.
At least, that's what we're hoping for, since we're planning on going to a 5th wheel next year.
โNov-29-2020 11:36 AM
โNov-29-2020 10:54 AM
โNov-29-2020 09:45 AM
โNov-29-2020 09:40 AM
pulpwood007 wrote:
There have been record numbers of RV's sold during the past year. Many are first time buyers who hope to enjoy the freedoms of camping during the pandemic.
Many of these buyers have paid top dollar for trailers because of supply and demand. They have financed entry level rigs for 10 to 12 years. More expensive trailers can be financed up to 20 years.
Many will take 3 or 4 trips and find camping is not for them, or the pandemic will end and they will go back to their previous ways of vacationing. They will find how difficult it is to get into campgrounds without reservations months in advance.
Will we see many of these buyers decide to sell their new RV's within the next couple of years? What will the used market look like for sellers who have over-paid and financed a rapidly depreciating asset for long periods?
It may well be a good market for buyers, but sellers who are "under water" in their financing may not be able to afford such a "beating".
โNov-29-2020 09:22 AM
โNov-29-2020 09:03 AM
โNov-29-2020 08:55 AM