Forum Discussion
Geo_Boy
Jun 03, 2021Explorer II
silversand wrote:
Jim:
They are positioning into the "expedition overlanding" cohort it appears. Competing directly with truck campers like OverlandEx here--> where pop-up truck campers start at $72,000 CAD. And competing with truck camper expedition manufacturers like Nimbl pop-up ($121,000 with flatbed tray without truck)....and many others. Buyers seem to be lined up around the block to buy them.... all.
I read on the Loki site that they are opening a manufacturing plant in Colorado, too. I'd bet that they will probably open a manufacturing facility in western Canada before too long. They will likely do extremely well. Especially these years, with the entire RV manufacturing industry working at more than 100% capacity.
I believe the RV industry will cool in the next couple of years and you will see the market flooded with slightly used RV’s, because people will go back to their old ways of travel and recreating. Because of Covid many people were looking for ways to travel and recreate that didn’t involve hotels or air travel, because they weren’t available, so they bought RV’s.
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