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Open Roads Forum  >  Class A Motorhomes

 > Why are so many for sale

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infogeek

Hartford, CT

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Posted: 07/23/11 11:06am Link  |  Print  |  Notify Moderator

jambo101 wrote:

steelpony5555 wrote:

Hmmmm $3.50-$4.00 a gallon on a good day, at 6-8 miles per gallon, problem solved.....


So whats the ball park cost to fill up a medium sized gas Class A?


75 gallons x $4 = $300, approx 525 miles worth.


Jon


J-Rooster

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Posted: 07/23/11 11:49am Link  |  Print  |  Notify Moderator

jambo101 wrote:

Seems just about every A class Rv i see has a for sale sign in the window..Am i missing something that i'll only find out about after i buy one?
Who really knows? Last two people that I talked with were selling there coaches because there partner died and they didn't want to travel anymore. I've kept tabs in my neck of the woods and there are very few good deals on used coaches. The bad economy with high fuel prices hasn't hurt the used motorhome industry. They just downsized and got more efficient and there doing very well. One company here in the PNW is buying a lot of used coaches from auctions (Banks, Credit Unions etc.) and turning high profits. There selling more used coaches than new. If you ever see a Winnebago with deep claw marks on both sides then you know that I sold mine.

rgatijnet1

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Posted: 07/23/11 01:25pm Link  |  Print  |  Notify Moderator

One of the things discussed during the debt talks in Washington is doing away with the IRS deduction for second home mortgages, which would include the loans that some people have on their motor homes. This may cause a few more coaches to hit the market when/if that ever happens.

Gale Hawkins

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Posted: 07/23/11 01:29pm Link  |  Print  |  Notify Moderator

I bet people wealthy enough to own a MH or second home needs to be looking out for a red light to be shining on a bulls eye on the back side.

Mike & Fran

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Posted: 07/23/11 02:18pm Link  |  Print  |  Notify Moderator

High Rollin and then can't fade the heat!!!! That's one of the reasons i'm still driving my 02 Adventurer..

Gale Hawkins

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Posted: 07/23/11 12:21pm Link  |  Print  |  Notify Moderator

J-Rooster wrote:

Who really knows? Last two people that I talked with were selling there coaches because there partner died and they didn't want to travel anymore. I've kept tabs in my neck of the woods and there are very few good deals on used coaches. The bad economy with high fuel prices hasn't hurt the used motorhome industry. They just downsized and got more efficient and there doing very well. One company here in the PNW is buying a lot of used coaches from auctions (Banks, Credit Unions etc.) and turning high profits. There selling more used coaches than new. If you ever see a Winnebago with deep claw marks on both sides then you know that I sold mine.


That was funny and will think of you if I see the deep claw marks.

A few years ago there was talk of banks, CU's etc where holding or has just not foreclosed on a lot of MH's (100,000 was tossed out as a number). The thought was that when they hit the market that it would put a huge pressure on the new market.

Locally there is a retired vehicle dealer with good connects in large cities who owns lot of closed retail business rental properties around town. He keeps bringing in used MH's from new like to 15 years old that he parks on these lots around town with his cell phone number in them. If he is paying over 50-60% of what he is selling them for most would be surprised. Sources looking for liquidity of repo's know he is very liquid.

Beavis

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Posted: 07/23/11 02:43pm Link  |  Print  |  Notify Moderator

Some owners are aging themselves out of r/ving and others have lost spouses and have no desire to continue.


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eldondo

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Posted: 07/23/11 04:49pm Link  |  Print  |  Notify Moderator

Don't look now Beavis, but, we're aging ourselves out of everything!

tatest

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Posted: 07/23/11 04:52pm Link  |  Print  |  Notify Moderator

Could it have something to do with the idea that a motorhome for sale is put out where people can see it, while ones not being sold are more often stored where they are not readily seen?


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Posted: 07/23/11 04:58pm Link  |  Print  |  Notify Moderator

ng2951 wrote:

Until US drilling takes place fuel prices will remain high. It will probably be next year before we know if the government will allow drilling and another 2-5 years before that oil makes it manufacturing (production is drilling, refining is manufacturing).
Oil drilled in the US is sold on the open market. Oil drilled here can be sold anywhere, China, US, England, etc.. There is a great misconception that drilling more wells in the US will impact the price of oil, or gasoline, in this country. It doesn't impact the price and won't.

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