Timmo! wrote:
Imo, we are witnessing in the RV industry an excellent example of "market aberration"; aka abnormal conditions.
That's a great assessment which I think is dead on.
The value sites, Nada, Bluebook, etc, recently adjusted RV values in a massive way. To the tune of 30% to as much as 50% higher. They've never done that as long as I've been following them. It's always went down a few percent every so often. At the same time quality went to hell in a hand basket. It's unsustainable but the RV Industry does not care, they're not your friend and could care less about repeat business. It has always been that way and always will.
So you ran out and bought an RV for $50K 3 months ago which you could of easily purchased for $30K 18 months ago. You received the same junk, just paid more for it. Even if you paid cash, when the values get adjusted back to a more realistic level, which they will, you are going to get a good financial screwing. If you financed that purchase long term, your going to get your screwing dry with some sand added in. With the quality I have seen over the last year and a half coming out of Indiana and elsewhere they will not be able to give these turds away two years from now.
