restlessways
Limbo
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Joined: 04/04/2012
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Not sure if I should just quit looking for now, seeing how businesses are being shut down, state parks, entire states, etc. I may not even be able to use the thing in a few weeks.
It's also got me wondering - since we now seem to be headed for the 2nd coming of the great depression, might I be better served waiting to get a better price? I mean, as everybody's going broke, it seems to me that RVs and everything else are just about to crater in price.
Weird stuff going on right now. They're talking about a 25% contraction in GDP in the 2nd quarter!
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jimh425
Western MT
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Joined: 06/11/2006
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You should continue working on deciding what you want. Then, pull the trigger once you are confident with the financial situation.
'10 Ford F-450, 6.4, 4.30, 4x4, 14,500 GVWR, '06 Host Rainer 950 Dbl Slide, Torklift Talon tiedowns, Glow Steps, and Fastguns. Bilstein 4600s, Firestone Air Bags, Hankook DH-01 225/19.5 Fs, Curt front hitch, Energy Suspension bump stops.
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JD5150
Anywhere
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Joined: 06/18/2009
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Full lockdown for the US could be coming soon. My daughter is a nurse manager and she told me yesterday that the doctor told her its coming. She said the doctor has a government security pass. I'm not totally sure its going to happen...just passing on info I have been told. The way the virus is spreading it looks like that is what will happen sooner or later.
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bwlyon
64633
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Interesting times indeed. I agree with the wait and see approach, but in the meantime figure out exactly what camper best fits your needs. Like you, I too wonder if the entire economy is going to collapse over the next few months, which could create some unique buying opportunities for those with the wherewithal to act. I’m fortunate to have a job in healthcare and always required to work regardless the chaos going on. I’m now torn as well, on purchasing a new truck for our camper, and possibly an adventure van/grandkid hauler. I’m thinking now is the time to wait for some smoking good deals that will likely come in the next several months, since we really can’t be out traveling at this time. My belief is we are gonna be locked down for the next few months till either a vaccine is created, or the virus is contained. In the meantime, we’re going to work and dream of our next vacation!
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Dagwood_55
Atkins, Ar
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Joined: 09/28/2007
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We are in the same position. We have a nice 5th wheel, but have been wanting a popup TC for weekend and quick, short get aways. We have the ability to pay cash for new.
So a week ago we visited the local dealer to look and price. Had a good idea on what we wanted. Looked and liked. Pricing was decent, but not a killer deal. Intended on going back or calling on Monday last week to seal the deal and buy. But after last weekend and things changing so fast, we've decided to wait a bit to see just what the economy is gonna do and possible the prices come down a bit.
So, we're in a holding pattern.... Still intend on buying, but just not today..
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ppine
Northern Nevada
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Wait awhile. Cash is going to talk loudly in a few months.
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ksg5000
Oregon
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Joined: 06/30/2008
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There is no way I would pull the trigger on any major purchase right now - prices are going to soften on almost all big ticket items.
Kevin
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Lwiddis
South of Lone Pine, California
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“She said the doctor has a government security pass. I'm not totally sure its going to happen...just passing on info I have been told.”
Doctor should have his/her security clearance revoked.
You are passing along “information” or rumors? Government agency, I guess, to doctor. Doctor to your daughter. Your daughter to you. You to this RV forum. Reliable? NO! Your post incites panic.
Winnebago 2101DS TT & 2020 Chevy Silverado 1500 LTZ Z71, 300 watt solar-parallel & MPPT, Trojan T-125s. TALL flag pole. Prefer USFS, COE, BLM, NPS, TVA, state & county camps. Bicyclist! 14 year Army vet-11B40 then 11A - (MOS 1542 & 1560) IOBC & IOAC grad
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ajriding
st clair
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Joined: 12/28/2004
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Tough one to guess.
Prez is hopeful there is a medicine, and he has been dropping hints to this all year, and hopeful by spring (soon) things get better... hopeful means little, but his pattern is to never say something until he already knows it (his committee knows it), but Im still watching it all...
Will RVs become worthless or will they become gold?
Will people want to bug out (need an RV) or will they hunker down at home?
The above depends where you live; city or country.
Will truck campers be more valuable than a trailer? Is a TC the ultimate bug-out RV?
Will an RV with solar/self-contained power source be of value and more desirable?
Will RV owners decide to just keep their rigs for the above reasons?
The market alone will answer these questions.
Will our economy come out of this and become stronger than it ever was and be THE time to sell your RV? Should a seller wait until the economy is strong or sell when nobody has money?
Dealers will be in a different boat than an individual seller. Dealer might want to reduce inventory at cost just to have cash, or will they raise prices if new inventory is not in the pipeline?
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Grit dog
Black Diamond, WA
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Yup flip a coin, but my money is on prices dropping on vehicles and luxury items.
The issue is planning to cash in on it. Where to spend money? Investments, new truck and some more property is on the top of the list. That and a screaming deal on a newer wakeboard boat!
"Yes Sir, Oct 10 1888, Those poor school children froze to death in their tracks. They did not even find them until Spring. Especially hard hit were the ones who had to trek uphill to school both ways, with no shoes." -Bert A.
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