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Open Roads Forum  >  Truck Campers

 > Hyperinflating RV prices and people who pay any price

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Geo*Boy

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Posted: 03/23/21 07:23am Link  |  Quote  |  Print  |  Notify Moderator

Geewizard wrote:

Just wait a year or two. The newbie buyers will find out the TC life is not for them and sell. There will be a flood of used units once people figure it out.

Absolutely. People will go back to their old ways and forget about RVing.

mkirsch

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Posted: 03/23/21 07:46am Link  |  Quote  |  Print  |  Notify Moderator

Look, you all know what happened last year about this time. The world shut down completely for THREE MONTHS and for many months after that there wasn't much going on.

But you could go camping.

It was BIG NEWS on all the outlets that RVs of all types were flying off the lots as people with nothing better to do bought RVs and hit the road.

In the meantime the RV manufacturers were shut down. The supply chain STILL hasn't caught up and probably won't for at least another year.

This is simple SUPPLY AND DEMAND ECONMOICS, folks. Demand goes up. Supply does not meet demand. Price goes up.


Putting 10-ply tires on half ton trucks since aught-four.

mkirsch

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Posted: 03/23/21 07:50am Link  |  Quote  |  Print  |  Notify Moderator

Oh, and I wouldn't consider $1400 or even $4000 as "hyperinflating."

Kayteg1

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Posted: 03/23/21 08:45am Link  |  Quote  |  Print  |  Notify Moderator

mkirsch wrote:

Look, you all know what happened last year about this time. The world shut down completely for THREE MONTHS and for many months after that there wasn't much going on.

But you could go camping..

Not so. Most of campgrounds shut down solid at the time, where even last fall campgrounds had lot of restrictions.
Mostly bathrooms were closed.
Last spring AZ and NV kicked out all snowbirds, what created quite a situation.
When I expect that some hotel travelers will sell the RV they bough last year, some of them might actually like the idea.
Just last Saturday my friends tried to drive their RV via Red Rock Canyon Park.
The park had so many visitors that they close the gate and made it "by appointment only". When this is happening when Covid is still in force, what can we expect in July?

* This post was edited 03/23/21 08:57am by Kayteg1 *





bighatnohorse

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Posted: 03/23/21 09:13am Link  |  Quote  |  Print  |  Notify Moderator

Our long planned trip to Africa was delayed (maybe permanently) due to Covid19. It was big bucks.
Money sitting in the bank is no good. We bought a new camper.


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valhalla360

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Posted: 03/23/21 11:16am Link  |  Quote  |  Print  |  Notify Moderator

mkirsch wrote:

Oh, and I wouldn't consider $1400 or even $4000 as "hyperinflating."


Beat me to it.

Replaced our trailer last fall. Got 1/3 off the MSRP without a hassle.

Might it have been a few hundred cheaper a year before...maybe but nothing crazy.


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valhalla360

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Posted: 03/23/21 11:17am Link  |  Quote  |  Print  |  Notify Moderator

bighatnohorse wrote:

Our long planned trip to Africa was delayed (maybe permanently) due to Covid19. It was big bucks.
Money sitting in the bank is no good. We bought a new camper.


Tanzania & Kenya are open.

Thought about going back but we are looking at Ecuador and the Galapagos right now.

restlessways

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Posted: 03/23/21 01:43pm Link  |  Quote  |  Print  |  Notify Moderator

Looks like a popular subject. Thanks for the replies. Lots of differing opinions. I'm going to go ahead and believe that it's not "different this time" and that we're going to see some pretty cheap RVs in the coming years. Historically, they are one of the worst financial "investments" a person could make insofar as depreciation is concerned. I see a lot of money going up in smoke.

As a cash buyer, now isn't my time. In the future, it will be. I'm going to put some money into my 5th wheel this summer and continue to use it. According to NADA guides, it has only depreciated $2,500 in the past 8+ years. That's like $26 and change per month. Hah! And as a full-timer I have used this thing more than most people.

bighatnohorse

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Posted: 03/23/21 02:52pm Link  |  Quote  |  Print  |  Notify Moderator

valhalla360 wrote:

bighatnohorse wrote:

Our long planned trip to Africa was delayed (maybe permanently) due to Covid19. It was big bucks.
Money sitting in the bank is no good. We bought a new camper.


Tanzania & Kenya are open.

Thought about going back but we are looking at Ecuador and the Galapagos right now.

We still might go but at a greatly reduced itinerary. The plan was to first stop in Amsterdam for a few days to acclimate to the time zone then fly to South Africa, rent a car and tour the wine country. Then investigate local guides and freelance trips to Botswana, Tanzania, Kruger, etc. Six weeks minimum. Probably would have cost a new camper.

3 tons

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Posted: 03/23/21 04:23pm Link  |  Quote  |  Print  |  Notify Moderator

Well, I’ve been kinda busy trying to unload my cash before it turns into (by popular demand) Zimbabwe notes - lol

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