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 > The Future of Pricing

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lawnspecialties

Garner, NC

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Posted: 08/28/22 04:10pm Link  |  Print  |  Notify Moderator

Although on many peoples' minds, I don't see much discussion. But I may have just missed it.

We sold our last toy hauler and F450 four years ago. Our youngest son started college so we figured we'd step back and punt. Use that money to help with college and save up for our next toy hauler just for me and the wife. I honestly figured (in 2018) that we would easily have been in another toy hauler by now. But then Covid hit.

I paid $72,000 for our Vengeance 40D12 in 2016. I paid just under $80,000 out the door for my 2017 F450 with the Ford extended warranty. Now, a similar toy hauler is at least $50,000 more and the truck is pushing $100,000 if you can find one. As badly as I miss it, I just can't justify this.

I don't think we'll ever see the prices I paid four years ago; especially on the campers. But will it get much better? Our dreams were possibly getting into a Luxe this time but now a Momentum, Valor, Cyclone, etc. are running around those 2018 Luxe prices. And now Luxe is hovering $250,000.

My biggest fear is if I give in and buy something, within six months the market crashes and I have horrible buyer's remorse. I know RVs aren't an economical investment but at the same time, I feel like I'm waiting to time the market like Bitcoin.

Any opinions on the future of RV pricing? The same thing for trucks?

Lwiddis

Southern California :(

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Posted: 08/28/22 04:13pm Link  |  Print  |  Notify Moderator

Go smaller and lighter? For a hundred grand or so you can buy a good truck and toy hauler and get back to the camping you and your spouse enjoy.


Winnebago 2101DS TT & 2022 Chevy Silverado 1500 LTZ Z71, WindyNation 300 watt solar-Lossigy 200 AH Lithium battery. Prefer boondocking, USFS, COE, BLM, NPS, TVA, state camps. Bicyclist. 14 yr. Army -11B40 then 11A - (MOS 1542 & 1560) IOBC & IOAC grad


wildtoad

Blythewood, SC

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Posted: 08/28/22 05:05pm Link  |  Print  |  Notify Moderator

Seems CW is doing a lot of advertising about buying used RV’s. Perhaps there is a lot of folks who bought them are dumping them, unless they have decided to live in them full time. Lot of folk are living in them as price of houses are ridiculous.


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Lantley

Ellicott City, Maryland

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Posted: 08/28/22 06:59pm Link  |  Print  |  Notify Moderator

My thought is RVorices will slowly return to normal. It has not been long enough for RV makers tohave that fire sale your hoping for.
Auto prices will remain high as long as supply is low.Untul all the chip and supply chain issues are a thing of the past auto prices will remain high.


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cptqueeg

Idaho

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Posted: 08/28/22 07:09pm Link  |  Print  |  Notify Moderator

"The global market for camping and caravanning is expected to grow 6.6 percent from 2020 to 2025, according to Research and Markets. And the number of R.V.s shipped in 2021 jumped a record 39 percent from the previous year, according to a report from StorageCafe, a unit of the real estate software company Yardi Systems."

Research and Markets report

In my estimation the high cost of entry is an opportunity to find other ways to travel, while biding your time looking for a reasonably priced RV. Cruises, river trips, African safari, fishing trips, and other adventure style trips outside of the US would be good alternatives to an RV.

Skibane

San Antonio, TX

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Posted: 08/28/22 09:38pm Link  |  Print  |  Notify Moderator

lawnspecialties wrote:

My biggest fear is if I give in and buy something, within six months the market crashes and I have horrible buyer's remorse.


If you buy something right now, that's a strong possibility.

I firmly believe that the bottom is going to fall out of the RV market within the next 12-18 months - prices are going to drop, and product availability is going to get much better.

Now, pickup trucks? Who knows.

time2roll

Southern California

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Posted: 08/28/22 09:55pm Link  |  Print  |  Notify Moderator

If money is scarce, buy used. Lower financial risk in a quality 10 year old trailer and truck.

Still too many stories of renters getting priced out and moving to an RV for me to think there will be a drastic RV price drop. Inflation is still running fairly hot.


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98coachman

North Idaho

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Posted: 08/28/22 10:10pm Link  |  Print  |  Notify Moderator

In the Spokane, Washington market it's totally flooded! Normally by owner on Craigslist there are about 150 units for sale at any given time, but now it's consistently running about 450+ and there all overpriced. I think you will see prices coming back to earth sooner than later..Good luck with your search!

Tvov

CT

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Posted: 08/29/22 07:32am Link  |  Print  |  Notify Moderator

lawnspecialties wrote:

.....

My biggest fear is if I give in and buy something, within six months the market crashes and I have horrible buyer's remorse. I know RVs aren't an economical investment but at the same time, I feel like I'm waiting to time the market like Bitcoin.

Any opinions on the future of RV pricing? The same thing for trucks?


Why worry about that? If you are ready to buy now, then buy now and use the camper and truck. Next year something else may come up and delay things more.

Next year you might save some money - or more likely, the prices of campers don't go any higher and you feel you are saving money... BUT - you've missed a year of camping.

Campers and trucks, as has been discussed in every other thread on this forum, are far from an "investment property". If you are looking at value, campers and trucks are not in that category.

I'm not saying just blow your money on the most expensive stuff you see, but do your shopping around and price comparisons and buy now if you are ready.


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way2roll

Wilmington NC

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Posted: 08/29/22 07:35am Link  |  Print  |  Notify Moderator

Prices will fall slightly but overall the trend is always up - on everything. Interest rates are up too and that gets expensive if you borrow.


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