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 > Great time to Sell Your RV!

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BurbMan

Islip, Long Island

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Posted: 12/08/20 10:29am Link  |  Quote  |  Print  |  Notify Moderator

Demand has never been higher!! Pic is link to Camping World form on FB that you can fill out...23,000+ comments so far! Folks want to sell their rigs and get out from under the payment.


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Lwiddis

Death Valley NP

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Posted: 12/08/20 11:35am Link  |  Quote  |  Print  |  Notify Moderator

I'm betting the newbies did no maintenance. Buyer beware.


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


JKJavelin

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Posted: 12/08/20 01:07pm Link  |  Quote  |  Print  |  Notify Moderator

What about the ones that owe way more than they'll get for it?


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Gdetrailer

PA

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Posted: 12/08/20 01:33pm Link  |  Quote  |  Print  |  Notify Moderator

JKJavelin wrote:

What about the ones that owe way more than they'll get for it?


They are "out of luck" if they are not able to "cover" the difference in what CW offers and the loan payoff amount..

CW is betting on snapping up dirt cheap "fire sale" inventory taking advantage of folks PANIC SELLING.

Best bet is to NOT get in the "upside down" position in the first place, by buying a lower cost RV or even a used RV even if it means you won't get all of those "cool" new "gadgets" and "gingerbread".. But that is a whole nuther discussion that typically turns pretty ugly around here.

rk911

DuPage County

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Posted: 12/08/20 03:10pm Link  |  Quote  |  Print  |  Notify Moderator

Gdetrailer wrote:

JKJavelin wrote:

What about the ones that owe way more than they'll get for it?


They are "out of luck" if they are not able to "cover" the difference in what CW offers and the loan payoff amount..

CW is betting on snapping up dirt cheap "fire sale" inventory taking advantage of folks PANIC SELLING.

Best bet is to NOT get in the "upside down" position in the first place, by buying a lower cost RV or even a used RV even if it means you won't get all of those "cool" new "gadgets" and "gingerbread".. But that is a whole nuther discussion that typically turns pretty ugly around here.


this., ^^^^^^^^^


Rich
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Edd505

Elephant Butte, NM

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Posted: 12/08/20 06:49pm Link  |  Quote  |  Print  |  Notify Moderator

Camping World = RUN!


2015 F350 FX4 SRW 6.7 Crew, longbed - 2017 Durango Gold 353RKT
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BurbMan

Islip, Long Island

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Posted: 12/08/20 07:45pm Link  |  Quote  |  Print  |  Notify Moderator

Lwiddis wrote:

I'm betting the newbies did no maintenance. Buyer beware.


Read the comments, lots of 2015-ish units folks are tired of making payments on. Whether they did any maintenance who knows.

Point is that inventory has to be really low if CW is on FB looking to buy trailers.

Grit dog

Black Diamond, WA

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Posted: 12/08/20 11:45pm Link  |  Quote  |  Print  |  Notify Moderator

They’re just prepping for next year. At the rate this Rona thing is going, it’ll be camper madness again next year.
I need to get off my ____ and find a trailer this winter!


"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.

Gdetrailer

PA

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Posted: 12/09/20 08:50am Link  |  Quote  |  Print  |  Notify Moderator

BurbMan wrote:

Lwiddis wrote:

I'm betting the newbies did no maintenance. Buyer beware.


Read the comments, lots of 2015-ish units folks are tired of making payments on. Whether they did any maintenance who knows.

Point is that inventory has to be really low if CW is on FB looking to buy trailers.


Inventory may be low (which IS GOOD for companies right now as they can keep the SELLING price and profit up) it is more like CW is taking a "calculated risk".

They are trying to scoop up fire sale bargains from panicked sellers, lots of folks out of work or underemployed right now, market is ripe to buy dirt cheap from folks who are not in a good position to continue paying on a 8-12yr loan giving CW extremely undervalued inventory that they can resale at a huge profit.

Not to mention CW might be having issues landing new inventory quick enough with many factories shuttered or vastly crippled in output..

Remember the movie "Its a Wonderful Life"?

In the movie set around the great depression, Potter (the mean guy) buys up every property he can from panicked owners for $.50 on the Dollar (half of it's worth) and the good guy "Bailey Building and Loan" manages to keep a few customers that believe in him.. If it wasn't for Bailey, the whole town would have been vastly different.

I don't begrudge CW for making a profit, but this kind of advertising activity is pretty tacky to say the least (actually this thread is actually expanding their advertisement). And I would bet their offers are $.50 on the Dollar too boot..

Monaramblee

Canada

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Posted: 12/09/20 08:57am Link  |  Quote  |  Print  |  Notify Moderator

My coach is 12 years old and needs some tlc i wonder if i should bother with all the repairs before selling.


2008 Holiday rambler Vacationer XL
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