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 > My prediction for the future..

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falconbrother

North Carolina

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Posted: 06/25/21 08:49am Link  |  Print  |  Notify Moderator

RV sales have been red hot for a few years. During Covid19 they couldn't keep them in stock, at least around here. That means there's a lot of quasi-impulse buys out there. In the near future there will be used RV's for sale everywhere and for relatively cheap.

bobsallyh

Livingston, TX.

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Posted: 06/25/21 09:27am Link  |  Print  |  Notify Moderator

Falconbrother, agree 100%. I said last year that it would happen at some point. Too many of the new RVers should be staying at Hilton Garden Inns, etc. Fooling with sewer hook-ups, paying storage bills, loading and unloading will eventually take it's toll.

valhalla360

No paticular place.

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Posted: 06/25/21 09:37am Link  |  Print  |  Notify Moderator

Eventually...probably.

Question is how long. I'm betting it's at least a year before it has a big impact. It will take a while before background costs really are felt and then people will be embarrassed to sell at a big loss so quickly.


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propchef

NORCAL

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Posted: 06/25/21 09:39am Link  |  Print  |  Notify Moderator

I'm already seeing a number of TTs that say "used once" or "fewer than 100 miles" but some of these seem like they're trying to take advantage of the higher prices and flip them.

One ad said the TT only had 30 miles, the distance from the dealer to their home.

Gdetrailer

PA

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Posted: 06/25/21 09:49am Link  |  Print  |  Notify Moderator

Doubtful..

While you might find a few folks drop out because RV lifestyle they bought into on impulse doesn't fit their lives, in the long run there most likely will be nearly zero effect on how many used units come up for sale or an effect on lowering prices (fire sale) on those units.

I look at it the same way things happened leading up to and after the "Y2K" scare (remember that?). To refresh your memory, everything computerized was supposed to quit during the transition from Dec 31, 1999 to Jan 1, 2000 due to programmers not thinking ahead and using 4 digit yrs in the date codes.. Everyone was panic scared into buying massive quantities of MREs, water and generators to the point of zero gens to be found in stock anywhere.

Jan 1, 2000 came and went with not even one little blip in power..

I figured there would be massive amount of unused gens flooding the secondary market.. Nothing, no massive sell off of gens after Y2K.. Bet there are still millions of unused gens sitting in boxes in peoples garages that have never seen the light of day since they were built in 1999 or before..

If you think your gonna find a after Covid fire sale bargain, thing again.

If you really want to go camping, buy what you like, pay the price and move on..

The fear of "Missing Out" of a bargain needs to be gotten over.

happy2rv

Huntsville, AL, USA

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Posted: 06/25/21 09:56am Link  |  Print  |  Notify Moderator

Unless/until a lot of them hit the repossession market, I wonder how low the prices will go. A lot of people are going to be in a position where they can't afford to keep and and can't afford to sell it... Travel trailers financed for 10 years and motor homes financed for 15-20 years, bought at inflated prices mean that, even at current market prices, they will have to bring large sums to the bank to go with what they can sell it for just to pay off the note.

I predict the repo market will get very hot in a couple of years. Not sure if/how many banks do short sales on RVs, but I doubt its an option for most.

What's going to be interesting is when the new market "bubble" bursts. Obviously when new prices fall, used will have to follow unless new construction quality falls. But its hard to imagine new construction quality falling from where its been for the last few years.

Like the housing market, now is the time to sell unless you need to replace. Haven't done much real research because I'm not ready to trade, but my year/model TT is listing on RV Trader for more than I paid for it 3 1/2 years ago. In a few years, I'll be ready to go back to a class A, hopefully we'll be able to trade for reasonable values by then. Until then, we'll hold on to our current TT.


2018 Forrest River Salem Hemisphere 282RK - 2017 RAM 1500 TV

Previous RVs and TOADS
2004 Fleetwood Bounder 32W on WH W20
2000 Four Winds 5000 21RB
1986 27' Allegro
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2005 Ford Ranger XLT 2WD
2004 Suzuki Aerio
1988 Chevrolet Sprint

goducks10

There

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Posted: 06/25/21 10:22am Link  |  Print  |  Notify Moderator

RV sales have been booming for 10 years. Covid just added some gas to the fire. Even without Covid sales RV sales would be hot.
Besides the added Covid buyers added to the 2020 market, RV manufactures were shutdown for a while as well as the parts issue.
I was at my brands factory last year in Oct and they had a huge amount of TT's/5er's sitting on their lot waiting for AC units. They also cut back on production because they had a huge backlog of undelivered units.

The dealer where I bought my TT in Portland Or still has diddle for inventory. As do most of the dealers in my area.

Things won't change much IMO. MSRP's won't fall but deals will be easier after this year as supplies increase.

CG's will still be full. Or at least the popular ones will. If you aren't proactive you get left behind in reserving spots.

Boon Docker

Mountain Foothills of Southern Alberta

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Posted: 06/25/21 10:25am Link  |  Print  |  Notify Moderator

Gdetrailer wrote:

Doubtful..

While you might find a few folks drop out because RV lifestyle they bought into on impulse doesn't fit their lives, in the long run there most likely will be nearly zero effect on how many used units come up for sale or an effect on lowering prices (fire sale) on those units.

I look at it the same way things happened leading up to and after the "Y2K" scare (remember that?). To refresh your memory, everything computerized was supposed to quit during the transition from Dec 31, 1999 to Jan 1, 2000 due to programmers not thinking ahead and using 4 digit yrs in the date codes.. Everyone was panic scared into buying massive quantities of MREs, water and generators to the point of zero gens to be found in stock anywhere.

Jan 1, 2000 came and went with not even one little blip in power..

I figured there would be massive amount of unused gens flooding the secondary market.. Nothing, no massive sell off of gens after Y2K.. Bet there are still millions of unused gens sitting in boxes in peoples garages that have never seen the light of day since they were built in 1999 or before..

If you think your gonna find a after Covid fire sale bargain, thing again.

If you really want to go camping, buy what you like, pay the price and move on..

The fear of "Missing Out" of a bargain needs to be gotten over.


Generator and Trailers. apples and oranges.

A generator is not a big investment to warranty selling it to get your investment back, an RV is a totally different story.

jdc1

Rescue, Ca

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Posted: 06/25/21 10:30am Link  |  Print  |  Notify Moderator

The fact is, a lot of people could finally afford a used trailer. The stimulus checks for some were in excess of $7,000. They had never seen that kind of cash. My daughter was one of them. They bought a used trailer and traveled for a month straight. A couple of months ago, she bought a family ski boat with the next round of stimulus money. She home-schooled the kids while they vacationed too. Win, win, win for her. Both her and her fiance are raking in the dough, she being laid off and he on medical leave. Tons of travel time they never would have imagined too.

theoldwizard1

SE MI

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Posted: 06/25/21 10:43am Link  |  Print  |  Notify Moderator

I am surprised that the new market has bee strong for the 2021 season. Dealers would be getting 2022 model soon !

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