nowgrn4
Tampa,Fl.
Senior Member
Joined: 06/21/2007
View Profile
 Offline
|
The RV business must be tough in my area(west central Fl.).I saw on the local news the other night that Lazy Dayz RV center in Dover just laid off 75 workers(reportedly only 15% of their workforce though).Sad.
|
cjalphonso
Columbia, SC
Senior Member
Joined: 08/22/2006
View Profile
Offline
|
A wise man once said "Ask not what your country can do for you, but what you can do for your country".
Think about it!!!!!!
|
webhannet
Southern Coastal Maine
Senior Member
Joined: 08/09/2004
View Profile
|
Not to say the times aren't tough - but EBAY is not now, and has never been, a good indicator of RV sales. Even when times were "good" and EBAY was "HOT" - very few units met RESERVE or actually sold at auction. More units were sold "outside" of Ebay through contacts made on Ebay. A lack of bids is also due to Bidders' having "wised-up" to the fact that bids which don't meet the reserve are worthless. ALL EBAY sales are weak - people aren't mesmerized by EBAY anymore - people are "over it".
A more significant indicator is the fact that fewer "better" or newer RVs are being offered on Ebay - most newer RVs are being offered by dealers who NEVER sell. Those dealers are only interested in getting you to make contact so they can sell to you in person.
It's interesting that the anticipated FLOOD of RV sales by financially distressed owners isn't seeming to happen - and the flood of repossessed RVs is very small. With hardly any inventory on dealer's lots - and dealers trying to make enough profit to sustain business on every sale - BUYING an RV seems harder than ever!
|
Dick A
Spokane Valley
Moderator
Joined: 12/15/2002
View Profile
 Online
|
The topic of the thread is "The message is not out yet" but it does appear it is out to everyone except our Country's leaders.  Even yesterday they were holding on to the coattails of the definition of what constitutes a recession.
RV sales are off another 30% - 40% depending on category type from last year and last years sales were not very good.
Now the Dow hit below 11K this morning (I believe it will go much lower) and finally the news is out of the bag to the general public about the dire health of Freddie Mac and Fannie May. Many of us who read those terribly boring economic reports every day have know this for some time. By the way, that's just the tip of the financial mess.
Oh, and oil hit a new speculative high today. 
Gee, now don't you just feel ducky about going out and spending a months pay (or more)for a new for a new toy or vacation? 
Check out the RV.Net Blogs at: blog.rv.net
|
WTTCS
freedom , U.S.A.
Senior Member
Joined: 07/28/2003
View Profile
|
Dick, u of course are right on, but , I am having a ball buying things so cheap it is very sad for the sellers. I now have a lot full of nice rvs and auto, things for the home, yard and garden, at the cheapest prices I have seen in many a year.
Thank the lord, I saved and did not borrow, but the banks want to pay me 2 1/2 % interest and loan it to others for 17%/ I can do better flipping quarters at the local barber shop or buying things cheap now that will go up.
1997 chev crew cab 454, 5 sp. 4.10
2000 Fleetwood Caribou 11.5
|
|
|
Tom N
Sarver, PA/Crystal River, FL
Senior Member
Joined: 07/25/2005
View Profile
Online
|
IMHO, "our country's leaders" have received the message and they have acted. Last week my wife and I received a $1200 economic stimulus check. I won't be using it to purchase an LCD TV or other luxury item. It went in my investment account and will be there for my heirs. Investing $1200 will do more to permanently stimulate the economy than spending it.
If Obama gets elected look for a very long recovery period. Look for tax increases to generate the funds to help us all. 
-Tom
"The people that don't believe in evolution are the ones who need it most!"
Sarver, PA/Crystal River, FL/Indiana, PA
2005 Itasca Suncruiser 38R 38' 11"
W24, Allison 2100MH, full body paint
2008 Honda Odyssey EX-L, Roadmaster Sterling bar
FMCA 335149
|
JALLEN4
OHIO
Senior Member
Joined: 10/02/2003
View Profile
Offline
|
There are two types of people in the world.
1. Those who prefer to sit on the side lines as a commentator and
bemoan all the problems while offering absolutely no useful solutions, all the while pointing out other people's previous mistakes.
2. Those who prefer to take an active part in the situation and explore potential means of benefiting themselves and others.
There are more opportunities available today to build wealth than any time in the previous twenty years.
|
Supercharged
Az.
Senior Member
Joined: 01/01/2005
View Profile
|
I see something new these days that I have not seen before. So many young couples tired to use as much levage as possible. Yet went far past the amount that they could ever cover in a time like this. Many rolled a home or two for a small amount and than decided to try a big roll. Some are behind the eight ball on one and one and half million dollar homes now that they had hope would roll out for a very large profit which now is nothing more than a past dream that will never come ture. Now they are slowly sinking.
2005 Chev 5.3 Supercharged 395HP 425 T hp. Two wheels on front, 2 on back. one seat, tint windows. front and rear bumpers, headlights, windows. Door on each side. Heater, floor mats, junk behind seats, some dirt. Pulls so hard.
|
Charlie Q
Brusly, Louisiana
Senior Member
Joined: 12/28/2004
View Profile
Offline
|
What ever happened to buying a vehicle and only financing for 2 years? When I was first starting out (I had to finance), my Dad told if I had to go over 2 years, I was looking out of my price range. As he put it "wanting a steak on a hamburger diet". Now I see people financing vehicles for 7 years and they have to take out gap insurance in case something were to happen.
'03 Chevy CC/SB,D/A,4X4, Airlift Bags, Bilsteins, Reese slider, Hypertech programmer.
'06 Mobile Scout 31 BWFS
Yamaha 3000ISEB
|
Supercharged
Az.
Senior Member
Joined: 01/01/2005
View Profile
|
Tom N wrote:
IMHO, "our country's leaders" have received the message and they have acted. Last week my wife and I received a $1200 economic stimulus check. I won't be using it to purchase an LCD TV or other luxury item. It went in my investment account and will be there for my heirs. Investing $1200 will do more to permanently stimulate the economy than spending it.
If Obama gets elected look for a very long recovery period. Look for tax increases to generate the funds to help us all.
-Tom I didn't get a $1200 check, I didn't get anything, and on top of that I was charged a extra $150 per month high than must on my medacare payment. I paid for the right to get something, yet don't.
|
|
|
