mlts22
Austin, Texas
Senior Member
Joined: 11/15/2010
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In past recessions, financing places did low, if not 0.0 interest rate financing just to get people to buy the vehicles. If this keeps up, it is only a matter of time before these specials come back.
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goducks10
There
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Joined: 02/22/2010
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Bionic Man wrote:I’m still waiting for folks to go back to their pre-Covid past times. It’s still incredibly difficult to get reservations at any of the state or national campgrounds that we frequent.
I think for several reasons we won't see a slow down in CG reservations.
One is I bet a lot of pre Covid motel'ers are finding RVing more fun.
2nd I bet many are stuck with an overpriced RV thats been depreciating at a good rate lately. Many are stuck with what they have.
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NamMedevac 70
Reno
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Joined: 11/09/2020
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For at least two years now new dealer lots in Sacramento, Reno, elsewhere have been packed with new RVs of all types. There is a long lag time between demand drop off and manufacturers cutting back on production. Yup.
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restlessways
Limbo
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Joined: 04/04/2012
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The economy remains incredibly overheated. Until we see a real economic slowdown, we won't see the major price corrections that are probably on the horizon. Right now, RV prices are the worst in history when you account for interest rates, which have shot the moon. And rates will be going up more.
I have readjusted my thinking insofar as the truck camper I had been planning on purchasing new. After watching the msrp rocket almost 30% higher, I have no interest anymore. And I'm a cash buyer, so the rates don't matter.
I tend to use things a long time after I purchase them. I bought my 5th wheel from the original owner in like new condition. I have used it for 10 years now, and it seems like it could go another 20 years with good maintenance. It is a well-built unit and I've had few problems other than the fridge.
If there is a full-scale meltdown in RV prices, I'll probably buy a gently used one for pennies.
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