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RetiredRealtorRick

St. Augustine Beach, FL

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Posted: 11/13/22 04:41am Link  |  Quote  |  Print  |  Notify Moderator

Hmmmmm, very interesting.

Am I wrong, or did we read not all that long ago that Thor was completely sold out of their 2023 production? [emoticon]


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Pbutler97

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Posted: 11/13/22 05:53am Link  |  Quote  |  Print  |  Notify Moderator

monkey44 wrote:

One thing I notice in the article cited ... it talks about built and shipped, but not much about actual sales to consumers. Just because a manufacturer builds one and ships one does not mean a dealer sold one. Sold is the criteria, not when it sits on a dealer lot, waiting for a customer.

We are beginning to see a long-term recovery in both RV and truck sales, but that will also depend on interest rate dropping for those that finance and not cash-buyers. I'd expect the market depends more on financed buyers than cash purchases to remain viable to dealers. Dealers get the bucks either way, but the market is probably much less dependent on cash sales, especially with interest up and sale prices high.


Where are numbers that reflect actual sales to consumers found? Anytime you read about sales in the RV Industry its backed up by the RVIA provided shipment numbers, and has been for 20 years or longer.


RetiredRealtorRick wrote:

Hmmmmm, very interesting.

Am I wrong, or did we read not all that long ago that Thor was completely sold out of their 2023 production? [emoticon]


They were, or are, until they're not ROFLMAO. Sounds good to the shareholders though.

That couple of hundred bucks that folks had laying around they used for the 120 month RV loan, is now being eaten up by groceries, energy costs, and increasing minimum payments/interest on their credit cards.

I filled in the missing info the RVIA wont add until they absolutely have to LOL.

[image]

* This post was edited 11/13/22 06:11am by Pbutler97 *

JIMNLIN

Oklahoma

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Posted: 11/13/22 06:04am Link  |  Quote  |  Print  |  Notify Moderator

RV industry has had these ups and downs since I've been around the industry starting in the early 1960s.
RV prices never dropped like some seem to think during/after those periods.


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spoon059

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Posted: 11/13/22 02:19pm Link  |  Quote  |  Print  |  Notify Moderator

Diesel is $5.75 at the local cash only gas station, that's had some effect on our camping this year. Looking at our Florida trip, thats 1800 miles round trip at about 12 mpg. 150 gallons of diesel at $6/gallon will be almost as expensive as the campground for 2 weeks...


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Fisherman

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Posted: 11/13/22 03:44pm Link  |  Quote  |  Print  |  Notify Moderator

“Last year was a record setting year, over 600,000 RVs were built in 2021. I can just imagine some of the junk that came off the assembly line.

MattFromPA

Harrisburg, PA

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Posted: 11/14/22 06:21am Link  |  Quote  |  Print  |  Notify Moderator

I've taken a few long road trips this month and last, including a long stretch of I-95. Dealer lots were packed. A large Camping World next to Cabela's in PA was overflowing last weekend. My Facebook RV groups are filling up with for-sale postings (almost always TT's). Seasonal, sure, but the timing is interesting.

My credit union RV rate is 7.75% for 60 months, 8.25% for 120. Inflation is vaporizing the margins in family budgets. I know it has for mine. Hard to imagine sitting down and signing loan papers in this environment.

So if you are looking to buy, hang in there. Dealers will be sweating this winter IMHO.

RetiredRealtorRick

St. Augustine Beach, FL

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Posted: 11/14/22 06:54am Link  |  Quote  |  Print  |  Notify Moderator

spoon059 wrote:

Diesel is $5.75 at the local cash only gas station, that's had some effect on our camping this year. Looking at our Florida trip, thats 1800 miles round trip at about 12 mpg. 150 gallons of diesel at $6/gallon will be almost as expensive as the campground for 2 weeks...


Might as well buy a Prius and stay at nice motels! Gotta be a LOT more cost effective. [emoticon]

Grit dog

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Posted: 11/14/22 03:13pm Link  |  Quote  |  Print  |  Notify Moderator

JIMNLIN wrote:

RV industry has had these ups and downs since I've been around the industry starting in the early 1960s.
RV prices never dropped like some seem to think during/after those periods.


While I wasn't RVing during the last big recession (our RV was a truck topper and a 4man tent), a new(ish) boat, a new(ish) truck and a chunk of land got gotten by us for a significant discount.
I don't believe for a second that the RV market was insulated from the rapid depreciation that everything else was.


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JIMNLIN

Oklahoma

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Posted: 11/14/22 07:42pm Link  |  Quote  |  Print  |  Notify Moderator

Grit dog wrote:

JIMNLIN wrote:

RV industry has had these ups and downs since I've been around the industry starting in the early 1960s.
RV prices never dropped like some seem to think during/after those periods.


While I wasn't RVing during the last big recession (our RV was a truck topper and a 4man tent), a new(ish) boat, a new(ish) truck and a chunk of land got gotten by us for a significant discount.
I don't believe for a second that the RV market was insulated from the rapid depreciation that everything else was.

Thats fine.

In 1972 I bought a new 8' 6" truck camper at the boat sport and travel show for 975 bucks. Even top of the line big name brand 10'+ truck camper with all the ginger bread sold in the 2800-3000 dollar range.

In the same boat and sport show in 1986 the exact same truck camper sold for 3600-3800 bucks.

The last years this mfg stopped making truck campers and went to all TT and 5th wheel trailers was 1992-93 era. This same model TC sold in the 8800-8900 bucks range.

I 'spect in 10 more years we'll look back at the new current prices and wish prices were back to the pandemic levels.

On the fuel cost subject...as long as the feds let shipping industry add fuel surcharges, costs of products won't come down for a long time...if ever.



EDIT: Quote fixed.

* This post was edited 11/14/22 08:44pm by an administrator/moderator *

Pbutler97

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Posted: 11/15/22 01:53am Link  |  Quote  |  Print  |  Notify Moderator

JIMNLIN wrote:

Grit dog wrote:

JIMNLIN wrote:

RV industry has had these ups and downs since I've been around the industry starting in the early 1960s.
RV prices never dropped like some seem to think during/after those periods.


While I wasn't RVing during the last big recession (our RV was a truck topper and a 4man tent), a new(ish) boat, a new(ish) truck and a chunk of land got gotten by us for a significant discount.
I don't believe for a second that the RV market was insulated from the rapid depreciation that everything else was.

Thats fine.

In 1972 I bought a new 8' 6" truck camper at the boat sport and travel show for 975 bucks. Even top of the line big name brand 10'+ truck camper with all the ginger bread sold in the 2800-3000 dollar range.

In the same boat and sport show in 1986 the exact same truck camper sold for 3600-3800 bucks.

The last years this mfg stopped making truck campers and went to all TT and 5th wheel trailers was 1992-93 era. This same model TC sold in the 8800-8900 bucks range.

I 'spect in 10 more years we'll look back at the new current prices and wish prices were back to the pandemic levels.

On the fuel cost subject...as long as the feds let shipping industry add fuel surcharges, costs of products won't come down for a long time...if ever.



EDIT: Quote fixed.


In 1972 I walked 11 miles to school, uphill both ways, in 4' of snow, with no shoes!

Seriously though, received this in an email the other day. In 2021 they were easily getting the MSRPs listed. Today you can get them to come off the sales price listed.

[image]

* This post was last edited 11/15/22 02:56am by Pbutler97 *   View edit history

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