No brainer! I was in the market for a new Sprinter RV before Covid and inflation, not anymore for the reasons you stated! I’m so glad I didn’t go through with my plan!
I wouldn't count on it. RVs are in big demand because people can no longer afford homes. Investment companies like Vanguard and Blackrock are out bidding single family home sales and Turning them over to Rental management agencies. This is Nationwide/worldwide. Part of Klaus Schwabs Great Global Reset of Owning nothing and being happy about it. RV parks are crammed to the gills and people are moving from park to park with intermittent boon docking. Everyone is trying to be a RV RUclips channel hoping to make a living. But Gas is so prohibitive now lots of people will end up being land squatters at some point. RVS Literally litter Seattle and Portland areas.
I beat the price explosion last Feb (2021) and got my 28ft Aspen Trail 2340BHSWE, TT for 23,600. I had a dealer who had one on the lot for a couple months. My local dealer was up to 29K but wouldn't budge and so I went with the one 50 miles away. Not as good a service dept, but close to a six K difference I couldn't pass up. I've watched prices on RV Trader go as high as the mid 40K range over the last year on my unit...until about Jan where they have stabilized in the 30 to 32K range new. I've looked at 5th wheels and have been offered as much as 7K more than I paid for mine (June/July 2021) but the price increases on the fivers has offset the advantage. Short fifth wheelers have gone up 10 to 15K, same models, in a year also... One I looked over in 2020 at 32K is now 50K in most places...
I always tell people, that if you buy new, plan on spending the first two years shaking all of the bugs out of the system. With the increased RV production and the decrease in already questionable quality control, getting your new RV through warrantied work might take 6 - 12 months for each issue. The dealerships lack the room and technicians. I bought a higher end used rv back when they were $15-20k less than new and had a reserve for fixes the previous owner didn’t repair. Either I would fix that it or find competent mechanics. Also, if buying used, I recommend a thorough rv inspection and nickel and dime them for every issue. People who buy into the romance of rving will get tired of it once reality hits or when they realize they got the wrong type/size.
Indeed, buyer beware, especially when buying high ticket items! Well I've bought vehicles from dealers and I've bought vehicles from private owners and guess what I'll go private owner everyday...all four my RVs were purchased from private owner ...every time I went to the dealer they were double pricing and double interest and jacking everything up... and they never fix things like they say they will. I wonder why more dishonest dealings happened with RV & Car dealers... especially the used ones
The current prices for new RV's is way out of whack. They aren't worth nearly as much as they have to charge now for a number of reasons. I'm so thankful I bought a new RV in May of 2020 before any price increases happened and you could still get a decent discount off MSRP. If something happened and I had to buy now, I wouldn't. I love RVing but not enough to be stupid with my money.
Same here. We bought a Lance 2285 in September 2020 and got 20% off MSRP. Between price increases and dealers not having to discount, the same trailer now costs almost $20,000 more. Put another way, the Lance 1685 - a significantly smaller model - now costs as much as ours did just 18 months ago. We didn’t realize it at the time, but we bought at the perfect time. And despite being a “COVID camper” built in August 2020, the quality is outstanding and we’ve had only a few very minor issues.
Hit the lotto. Factory ordered a Lance 2375 with alot of whistles and bells 7/20. Took delivery 1/21. Retired 9/21. Changed residency and been fulltime r.v.er since 12/21. Live Lance Life
I think the upside to the downward cost of used RV's is that the un-affordable cost of renting and owning homes is making RV living attractive. The problem with that is, where to put your RV to live in it.
Either that or workamp! Unless you want to retire of course but even then travel and volunteer or part time work and travel. That’s my plan in a year after my youngest graduates. 😉👍🏼
I lived as a roommate in a house that was sold right before Christmas of 2020. I didn't have the money to get an apartment, or anything in my county because of five years of wildfires. Everything has been taken and people were sleeping on couches and backyard still. I had been looking online and Marketplace for hours daily until late morning hours. I happen to decide to look at one more message that popped up on Marketplace at 3 AM. It was for a 98 fifth wheel. The lady posted it for her brother. I got a call at 7 AM to go look at it. Within 30 minutes after she posted it, she had over 80 messages. I was the first one thankfully who messaged. I got this trailer (with a family loan) and it was in great shape for a 98. I'm basically doing the lipstick and rouge thing. I did coat the roof, and I'm adding solar within a month. With the way things are going, this was the best decision I ever made.
I agree. I got a used 5th wheel in 2021. Paid probably a lil more than I wanted. I just rent a spot on my friends land in the forest. Dirt cheap compared to renting a home. Its good to realize you dont have much space. Its not for most peeps. I took out a slide window and installed a decent ac. For me it works great.
The old “if you want an RV, get an RV” saying just reinforces my belief that consumers are being used. If, after paying your house payment/rent, utilities, other NECESSARY bills, car payment/transportation, food, and putting at least 5% of pay in savings, then shop away. BUT, realize that an RV is akin to that definition of boat ownership. “Always bigger and ‘a hole in the water into which you pour your money.” Once you purchase an RV there’s solar, lithium batteries, better tires, a better mattress, tire pressure monitor, better hitch, portable fire pit, flagpole, better steps, outside carpet, “Blue Betty”, longer/better hoses (water and waste), wi fi extender, generator, RV ark memberships, etc. Not that they need all of that but once one RVs, they start watching YT vids most of which are commercials for “stuff”. Stuff they probably cannot afford because their budget is stretched thin. And then there’s the RV’ers who experience medical issues while, after selling EVERYTHING to “live free” have nowhere to go except an RV park which may or may not have space to let you stay long enough to recuperate. I have parked next to several. I have more to say but this site is just as much a carnival hawker as are the rest of sites on YT. Be afraid. Be very afraid.
and most are NOT built to last long trips or year round living. There are several videos where they COMBUSTED on the road and the owners barely got OUT...
Fossil fuel price will always affect the purchase of new and used RVs. Over the years travel trailers were the most economical. The insurance is less, and you can use the pull vehicle for recreational driving at your destination. The fuel usage pulling a trailer is not a factor when comparing it to a class A motorhome. Pulling a trailer, I was getting 6 to7 miles per gallon of gas. My motorhome gets 7 to 9 miles per gallon of dsl. The plates for my motorhome are $300.00 per year, the insurance is around $1400.00 per year. The tires need replaced every 7 years and this last year I replaced them at a cost of around $4000.00. A refrigerator 3 years ago was just over $4000.00. I had it serviced last fall, the oil and filter change, complete lube for entire chassis, leveler's reset, rpl two batteries, change all fuel filters. this was a little over $900.00. At the fuel prices at this time filling the tank will cost $900.00. I don't think the price of fuel will return to the range it was before the present administration got in. Our leaders want to eliminate fossil fuels. As soon as the mid elections are over, they will continue with their quest of getting rid of fossil fuels. I feel they got the cart before the horse and the citizens are harnessed with the higher costs and a lowering of standard of living. I retired 13 years ago, and this year is the first time the cost of living exceeded my income. The increase in cost of living will cost the RV industry to shrink. It has happened in the past and we are headed in that direction now. History gives you a look at the future. Ray
Have had many new RVs over the years... Everything from gas to diesel pushers.....have kept them short and long term......lost my shirt on everyone when it came time to sell it. RVs never appreciate in value. Buy wisely.
@@TimBiagi Maybe, but I'm hearing of problems with Airstreams, too. There's not one RV on the market that's bullet proof. Some may be better than others, you have to be very careful when buying any brand.
One good fact to bring up when you say “don’t buy the payment” is buying a payment (per say) means you’ll end up paying way more in interest. Always look at what that money is costing you over the length of contract. Total interest paid.
I'll top that. We drove 1250 miles from California to Great Bend Kansas (Harper Camperland) to get our 5'ver. No one else had it near us. its a new 2021 Pinnacle. The 2022's were outrageously priced.
Thank you. We have been on the fence. My neighbor just returned form Utah and Wyoming. Yet left his RV and truck at home. Instead taking his family van. He did say gas was just to high. Taking the van and staying at a hotel for couple of nights saved him about 1000$ . He said he only spent 500$ as compared to 1500$ he claimed would have cost him to take his RV and truck.
Imagine taking your RV on a trip and paying the price of a motel to park for the night. Depreciate 50% the next 2 years unless you buy another new one, then it appears like you made money on it. Except now your in debt for more thousands. That’s funny.
And- if you're traveling over 500 miles, it's far cheaper to fly and rent a vehicle. Stay at AirBnB's for a fraction of hotel prices and voila. It's what my wife and I are doing in May.
You have to want the lifestyle, things have changed so much. Living day to day, getting away, meant outdoors, quiet and walking and fishing. Not anymore. A big screen inside, a little screen under the awning. Door dash from restaurant to state park. Please, respect those around you. I love meeting new people with big families and new experience. Just remember quiet hours and keep your family safe.
Don't be fooled by the no inventory BS.... Every dealership from Ohio to Miami is totally over flowing with Millions of dollars of every RV , camper available.
Agree. Just returned from Myrtle Beach and the lots are overflowing. He can say what he wants but with the Fed raising interest rates and gas prices at historic highs the industry is in for a rude awakening. Hopefully not as bad as in the 08 crash but still gonna come down hard IMHO.
Lately RV’s are cheaply built. Quality has plummeted even in so called high quality brands. People will wake up when they see repair costs. The supply chain has been hit since Covid and that is NOT over. Dealers want used RV’s to sell at a price too high. That is reality. The RV industry prices are so extreme. They CAN drop prices.
I really like this gentleman, very good insights and understanding of manufacturing and supply changes and pricing. Great interview and his advice, well worth taking.
I purchased a new campervan from a couple in Florida who didn’t have the title due to a bank lien . We spoke and established a good rapport . I felt comfortable and took a chance. I flew there and accompanied them to their bank, wired the money and they paid off their loan. The title came through after a few weeks and I registered it in my name without a problem. Just use common sense and your gut.
I predicted the demise of used RV prices last year and glad to see them coming down in price. So many people out there gouging their used RVs--shame on them. Now about the new ones. Just don't buy! If we all decide to not buy, within 6 months inventories will be stocked and discounts will be prevalent. But there are too many me people out there. They want something now! They have to have it now! By God, I don't care about anyone else but me! I'm going to buy now!
You are right Jay, folks want it too fast and do not care, then when the deck of cards fall down.... They scream help? The only reason we are being scalped on the new ones is not that they cost more to build but there are folks paying the price. I think the prices will fall when the builders realize that people are not willing to pay so much with payments more then there home for an RV that may not even last 10 years!
@@professionalinspectionserv9468 I hope you are right. But when people hit retirement, they don’t want to wait. But higher interest rates and prices may effect those youngsters that are full timing and working from their RVs.
I understand that inflation is pushing prices up, however, the factories were playing this game of price increases for all kinds of reasons over the last two years. Now that materials have stabilized its inflation. So there is always reasons to raise prices, none to drop them. They are making a lot of money, if they were not they would slow down and some would go out of business. I think it may be helpful with a market correction.
I was looking for a small travel trailer to keep on my property as an overflow for visiting family last year. A new one was out of the question, because I refuse to pay the ridiculous prices. I couldn't believe the prices being asked for shabby older units and all had some form of water damage. I was up early one Sunday morning, went on Marketplace and just 7 minutes before a posting for a vintage 1976 14-foot FAM had been listed, with 6 pixs. For over 20 years, except for being moved to their new home, it hadn't been on the road, and tarps had always been kept over the top year-round (she had used it for her autistic son to camp in the yard), was in mint condition and even had tires that were less than a year old (she told me she changed the tires before it was moved to their new property). She had listed it for $450.! I thought the price was wrong, but when I contacted her, she stated that was the price. I got the address and was there within 30 minutes. When I got there, she told me that people had been contacting her offering double and triple the price, but since I was on my way, she told them unless I didn't want it, I had first dib's. I, of course, bought it. It pulled smooth as silk on the ride home and it's built like a little tank, since it was built before all these newer, cheaply made "lite" ones. I doubt anyone will ever find a score as good as this again!
I lucked into my 32' Montana . When I was looking for a bigger camper all I could find ran $10,000.00 heard about the 32 footer. Went to see it and the price was 3,000.00 I bought it on the spot. It was only 10 years old and well kept. Still living in it full time.
These prices ARE absolutely ridiculous. My wife and I only wanted a small camper with a bunkhouse for our kids and grandkids. 30k!!!! I refuse to pay that much.
Man we want one baaaad but I don’t wanna rush into it. Got three years (If The Lord wills) to retirement and would love to have one by then. Thank you for all the information I watch regularly!!
We are 18 month away from retirement. New prices increased 36 percent from our shopping two years ago. It took buying new off the table. We knew the brand and model we wanted. One came across to us a 2021 model..below market and they only used it 4 or 5 times. Do your homework now and narrow it down-then strike when you see the perfect one for you.
If you're really dead set on buying an RV this year, first look at available reservations when and where you want to go. Then look up your second and third choices. You may find that what's available this late in the year is not at all what you had in mind.
Great point. Many campsites, particularly less expensive state campgrounds are booked 6 months to a year ahead. If you buy now, the only chance you will have for a decent site will be as a result of a cancellation. Buy in Fall for Spring or you may be camping in your front yard.
RV prices have to come down or many people just won't buy one. Then for those who have bought one during the pandemic RV mania, once they learn just how expensive and how much work Rving really is, many will probably sell and flood the market with cheap RVs.
I’m hoping to find one of those (small one) in the next year . . With a solid independent inspection because most newbies who bought in the past few years know squat about even basic maintenance . .
I think vacation type buyers might level off or decline, but buyers needing a less expensive place to live might increase. Make a big house or rent payment or make a smaller rv payment and go where work is available.
I consult in the industry and while I can't talk about specifics, here is something else to keep in mind. The supply chain is not working optimally and there are chronic shortages. That means that manufacturers either wait or they substitute components if they can find them. RVs are incredibly complicated and go through extensive engineering and testing under normal circumstances. These substitutions can cause quality issues. Talk to your dealer about service. Higher sales; quality issues and labor shortages, means that most RV dealers have a significant wait time for repairs.
Michael Selby - Then perhaps the correct thing to do is to only purchase 2019 or older, "pre-COVID" RV's at this time. I might consider this strategy myself as I am about to retire and have been considering a lightly used RV. I'm currently just waiting for the prices to get reasonable. I say when all the, come-lately "COVID RVers" start to get bored with it and sell off their purchases, the market will tank and I'll jump in and scarf up a barely-used one for pennies on the dollar. 😎
I had to buy one because my parents are kicking me out of their house and there are no affordable houses or apartments for rent available in my area. So now I have to live in a old motorhome for who knows how long...
Few can afford the fuel to pull one these days. I suspect some of the larger ones will be bought to provide a place for people to live during this housing shortage.
Kevin is right! I waisted almost 2 hundred dollars in gas looking for a rv in 2013. Ppl didn't have the title,had a title in someones else's name. One guy was selling his moms rv but her name was on the title,It was a nightmare! So i bought a new One,this Crossroads rv has been very good! I recommend it highly.
There were a lot of RV'S sold when the pandemic started so people could get out. It's over and now people are free again. It's time to buy if your careful. Just like a new car, wait until the dealers are flooded with inventory and can't sell them, the prices will fall.
Your expert is essentially an RV salesman. So his information just might be a little skewed. When they ask what you want your payment to be, that's when I walk away. That technique is from the Cal Worthington school of salesmanship.
I always used say if you have to be concerned about the fuel price then ...you shouldn't buy an RV. Now it's gotten so bad that people are buying them as their primary residence because real estate has become increasingly difficult to afford. So much for the dream!
Main thing..... Don't buy a camper with a lien unless you can meet in person at the holding Bank. If it's in another state walk away. And yes, make sure drivers license matches the paper title. If it's digital, make them get paper or go and meet at the dmv and let the dmv show you themselves and check everything.
A couple months ago we purchased a 2018 Jayco Eagle 317 RLOK from a private party. The seller did not have the title because she still owed money on it. We negotiated a fair price and my wife and I had the seller meet us at our credit union. The credit union pretty much took over the legal transfer of the 5th wheel from there, contacting the lien holder, DMV, etc. We had intended to pay cash for the rig, but decided to finance a small amount just to make certain the transfer was done right. The Jayco had not been used in the last couple years, so it needed cleanup more than anything, along with tires and wheel bearings greased. I do almost all the work on my RVs myself, so I have gone through each mechanical system, along with the roof and sealing, and serviced everything before we take it out for the camping season. Glad we made the purchase.
it always blows my mind that anyone would choose something other than a "single payment plan" for something like an RV....its no wonder the entirety of our country is broke a couple of times over...I suspect the next depression will make the last one look like a prequel to the main event.
@@sethpawlik it means you pay for it. Not necessarily "cash", in fact, carrying large amounts of cash in America (land of the USED TO BE free) and you will get it confiscated by some traitor in a funny costume pretending to follow some Constitution somewhere...but certainly not America's Constitution...but I digress, writing a check is safer than cash, unfortunately.
I have to laugh. Last July we found a used rig that was ONLY two months old. The dealer wanted well over the new MSRP. I made an offer and it was flatly turned down with no counter negotiation. We ordered a brand new one from a different dealer under MSRP. Sometimes the mom and pop places are better than the mega name dealers
He says the prices won't go down. Yes they will. When this economy crashes and it will, the prices will come back to earth and his business will hurt far worse than the previous 3 weeks he referred to. So he may know RV's, but the economy has gone past him.
@@MX-CO I don't know about that, but if he thinks things will not crash, he has learned nothing in the last 70 years. So I would not tout him as an educated guest.
I also expect the prices of used RVs to drop. The reasons mentioned in this video are part of the reason, but only part. A lot of people over the past couple years have gotten RVs as way to get out the house in the time of COVID. History shows, even pre-pandemic, that a significant fraction will not like the lifestyle and get rid of their RVs. I would expect an even larger fraction of the pandemic driven sales to do the same as other means of travel open up. Hence more RVs available and less demand should mean lower prices.
Last year I was looking for a Rv. Sticker shocked. I said I’ll wait ,Price’s will go down after Covid demand. Never thought about fuel price spike or interest hikes on loans. I’m buying in winter ,people will be selling ,supply will be thru the roof
If you’re buying new, buy now. The price of materials and manufacturing will only go up. If you’re buying used, wait. Take this time to know the model you want, wait till the crash and cash out a steal.
Great info here. Thnx absolutely right too many scammers trying to rip people off lately. “Don’t buy the payment “ love that. Yeah the dears wants me to buy an rv 240 months. That’s crazy.
Fabulous info, thanks so much. Have owned a couple of rv’s and didn’t really give them a chance. I need to watch more to see if I’m ready to try it again.
I’m looking into getting a used Rv in the very near future… I don’t know much about them so I have so much to learn but my son builds them for a living so I’m hoping his knowledge can help me when I’m ready
Larger corporations have been buying up smaller and medium RV companies. Thor , a poorly run company with cheaply made RV’s has recently bought out Tiffin, a once quality RV producer, now to turn those campers into the cheap junk that has become their hallmark. Camping World, well known to the RV community to be the laziest, most careless and slipshod camping sales and supply are rapidly buying out smaller and more reputable RV companies, only to turn them into the same frustratingly useless locations as their parent corporation. Ask any experienced RV’er, they will confirm this. Stay away from these two companies. Older Tiffins are a good purchase, but Thor, and Camping World service will burn you.
We’ve had a TT for about a year and want to sell and upgrade to a used class C. Guess I’ll keep waiting for the used prices to go down before a purchase.
I've been waiting 2 years expecting prices to drop fall 2022. Hotels opened New owners have been paying storage fees Realizing they don't use them Gas prices fluctuating And more. I figure early next winter will be a great time to buy
I see a lot of them laying on the side of road laying on there sides. Probably get on real cheap. What they really need to do is train these people on how to drive these out fits. Really teach them how to hook them up. They do have very good stabilizer today. I see them all the time wagging there tails. Driving way to fast. And pulling them with way to small of a vehicle.
Great information guys. I run a small RV rental business with 2 RV's. In 2021 our demand was through the roof. We had 312 days booked with 2 units for the season. Right now we are sitting at 184 days under contract.
@@SSsmith24 exactly, i live in NorCal and had to buy an old Class A motorhome because my parents are kicking me out of their house. ZERO houses or apartments to rent in my area...
The RV manufacturers and dealers were rejoicing when they struck down the lemon law in a few states and now Illinois higher court has declared in a case of a new RV purchase that the byers do not have to give the dealership time to fix the many wrong things before they can execute their right to ask for their money back. This is a game changer and is going to hurt the dealerships... Power to the buyers!!!
Yea it’s all going up we just bought a keystone passport and right out of the box the brakes didn’t work on my 2022 Silverado Z71 so it’s at the dealership now and they are going though the the wiring
I find it a disconnect between shortages for new RV's and the statement that used RV's are coming down "hard". I can definitely say that I can get much more for my used trailer than what I paid for it 2 years ago.
@@MX-CO Well of course. That would be true in any economy. Except this rather weird one we're in. But sooner or later, it will come down, and there'll be a glut. But not apparently this year. For sure, it doesn't appear that used RV's are going up anymore.
I recently sold my toyhauler for just a little more than I paid new in July of 2020. I’m now patiently waiting for the market to come down and get something a bit smaller
Take the 7 year approach. After 7 years get a newer one. Im not talking RVs Im talking under 10 grand. 5th wheels. If you got land and services you are in like Flynn. Only if you can do necessary repairs and are ok with the smaller space.
The "mess" is in Washington DC... not Russia. Of course a dealer is going to tell you to sell so they can stack their inventory to take advantage of the margin on used RVs.
When I look at the R.V. Industry I can’t help but to compare it to the automotive industry. The quality will vary with the prices. The customer planning on using a rig for several months a year and most weekends will need a more durable and solid R.V. ( Airstream/ Lance etc ) They will pay for that level of quality. The weekend warrior can get by in an entry level rig with regular maintenance. After all you don’t see a half ton/ passenger truck on a construction site. You get what you pay for. Quality and price go hand in hand.
Sales on new RV’s are completely opposite at least according to a good friend who is in sales at a large Ca dealership. He has been averaging about a 25% cancellation rate, remember Ca is about 40% above the national average in cost for fuel.
Bylaws around North America making it difficult for the rv travellers and the rv dealerships and rv manufacturers failure to stand up to government wars against rv travellers. Rv parks demanding rv's be 10 years old or newer at exhorbitant prices. Rv's so poorly built, poor insulation, leaking, etc... rv's should be better built.
@@SSsmith24 Omg, what make/model was that? And who was that YT’ber? I follow a lot of channels but not that one as I hadn’t heard that. The only creator I’ve followed that has had issues with their RV’s is Creativity RV & she’s bought Tiffin, Hymer & other quality new ones- 3 or 4 in 5 years- & she had problems! She finally bought a used Lance to put on her truck so she could go to places her 5th wheel couldn’t. Mo in NJ
We bought a new Intech Discover this year. LOVE IT! Have made a few changes but, didnt purchase it for short term, will have it long term. This camper is a mini toy hauler so we use it more for hauling then camping cuz the camping is very difficult to book spaces. Then when finally get to destination it's bee very windy so come home. A new lesson...no way of knowing the weather 6 months out. So, we are lucky that this is a "dual purpose" camper and covered trailer. Most RVers I know just have their RV in storage. Ours has been used a lot😜
Lot's of people want out from under these boat anchors. Beware potential consignees. Dealers have called consigners letting them know a buyer has a low offer. They'll renegotiate the consignment value, knowing full well they sold your unit at full price.
I have a tough time listening to people who can’t keep their eyes open when they are talking. Cant help but think they are saying things that are not necessarily true.
He's right, as long as gas is available we are going to camp. Lucky to get an rv before covid. Prices on used campers were still affordable. Plus I fix my own rv.
My opinion...cause i a really work in the rv industry. A looot of campers where sold during the pandemic. It's how lots of folks decided to social distance. Now that vivid is over...tjose same people are trying to sell but there's just a crap ton of these campers available. Thus...its a buyers market
Its sad when we see on RUclips what RV Europe and Asian countries have, much better quality for much lower prices. Out here were stuck with laws that do not allow us to buy from the manufacture and dealers mark ups of over 100%
Good video, jibes with my research and watching both local dealers and RVTrader pricing and availability. Today, April 8, 2022. Up until a month ago, trailers of all types disappeared immediately off lots or were bought before they arrived. NOW? all the same trailers are STILL on the lots and not moving. Here in the last few days, I'm seeing prices "discounted" a couple K on some models. Same for trucks on lots. If I can get a rate in the low 3% range, I'm gonna finance if only from a cash flow standpoint. I have the money for the most part but, that's like giving money away frankly. I always have paid off early, but it's my choice on how to go about that.
My neighbor just sold her used RV for double what she paid for it. She sold it to. Young couple stating they couldn’t find a place to rent and the places that were available were for ridiculous prices a 2 Bdrm apt is going for 2200.00 a month, an apartment that used tone just last year 1350.00.
Factories are cutting hugggge discounts on class As and diesels. Cheap trailers are still selling. Factory lines have opens. First time in two years. Just like 08. Only thing different this is stagflation this time
You can sort a title issue out- just make sure a clean title is a condition of the sale and that its the sellers responsibility to provide a clean title, including no liens. Been there, done that on a car purchase. Seller will be highly motivated to sort that before the deal closes. If you don't know this, you probably shouldn't be making a purchase this large.
@Judy Jackson. Judy, it just means don’t buy it if the payment fits in your budget without considering all the other factors. Any business can make the payment lower by extending the payment length & many do that bc they make the finance charge higher & higher. Banks charge a finance charge (interest rate) & then dealers add on another 1-3% making the interest rate higher & you don’t realize that. Dealers also add on ridiculous fees so you end up paying much more than the price of the RV. Go to your own Credit Union or bank & apply for the loan yourself. You must consider everything. Good luck, Mo in NJ
LOL, gas prices way up, utilities going up, food going way up, salaries remain stagnant. Luxury purchases will plummet. RV prices will go down.
The Great Reset folks. They are getting rid of fossil fuels.
No brainer! I was in the market for a new Sprinter RV before Covid and inflation, not anymore for the reasons you stated! I’m so glad I didn’t go through with my plan!
My salary has always gone up, the problem is that inflation has always gone up much faster. 1 or 2 percent raises over 25 years.
I wouldn't count on it. RVs are in big demand because people can no longer afford homes. Investment companies like Vanguard and Blackrock are out bidding single family home sales and Turning them over to Rental management agencies. This is Nationwide/worldwide. Part of Klaus Schwabs Great Global Reset of Owning nothing and being happy about it. RV parks are crammed to the gills and people are moving from park to park with intermittent boon docking. Everyone is trying to be a RV RUclips channel hoping to make a living. But Gas is so prohibitive now lots of people will end up being land squatters at some point. RVS Literally litter Seattle and Portland areas.
salaries are going up to...$15.50 to work at McDonald's in IN, min wage here is $7.25. Inflation hits everything!
I’m seeing used prices fall as well. However, the price for a new one is ridiculous. No way I’d step off that cliff.
I beat the price explosion last Feb (2021) and got my 28ft Aspen Trail 2340BHSWE, TT for 23,600. I had a dealer who had one on the lot for a couple months. My local dealer was up to 29K but wouldn't budge and so I went with the one 50 miles away. Not as good a service dept, but close to a six K difference I couldn't pass up.
I've watched prices on RV Trader go as high as the mid 40K range over the last year on my unit...until about Jan where they have stabilized in the 30 to 32K range new. I've looked at 5th wheels and have been offered as much as 7K more than I paid for mine (June/July 2021) but the price increases on the fivers has offset the advantage. Short fifth wheelers have gone up 10 to 15K, same models, in a year also... One I looked over in 2020 at 32K is now 50K in most places...
I always tell people, that if you buy new, plan on spending the first two years shaking all of the bugs out of the system. With the increased RV production and the decrease in already questionable quality control, getting your new RV through warrantied work might take 6 - 12 months for each issue. The dealerships lack the room and technicians. I bought a higher end used rv back when they were $15-20k less than new and had a reserve for fixes the previous owner didn’t repair. Either I would fix that it or find competent mechanics. Also, if buying used, I recommend a thorough rv inspection and nickel and dime them for every issue. People who buy into the romance of rving will get tired of it once reality hits or when they realize they got the wrong type/size.
Indeed, buyer beware, especially when buying high ticket items! Well I've bought vehicles from dealers and I've bought vehicles from private owners and guess what I'll go private owner everyday...all four my RVs were purchased from private owner ...every time I went to the dealer they were double pricing and double interest and jacking everything up... and they never fix things like they say they will. I wonder why more dishonest dealings happened with RV & Car dealers... especially the used ones
The current prices for new RV's is way out of whack. They aren't worth nearly as much as they have to charge now for a number of reasons. I'm so thankful I bought a new RV in May of 2020 before any price increases happened and you could still get a decent discount off MSRP. If something happened and I had to buy now, I wouldn't. I love RVing but not enough to be stupid with my money.
Look at the cost of B Class RV's. $200,000-$300,000. Yet people are buying them. Unbelievable.
I did not pay that for my Class B even in April of 2021 when purchased.
Wait people will get out of RVing after the bloom dies and you can pick up something nice cheap
@@stevest.martin3940 I am waiting for the gas prices to keep going up and the people dumping their RV's in about a year.
Same here. We bought a Lance 2285 in September 2020 and got 20% off MSRP. Between price increases and dealers not having to discount, the same trailer now costs almost $20,000 more. Put another way, the Lance 1685 - a significantly smaller model - now costs as much as ours did just 18 months ago. We didn’t realize it at the time, but we bought at the perfect time. And despite being a “COVID camper” built in August 2020, the quality is outstanding and we’ve had only a few very minor issues.
Hit the lotto. Factory ordered a Lance 2375 with alot of whistles and bells 7/20. Took delivery 1/21. Retired 9/21. Changed residency and been fulltime r.v.er since 12/21. Live Lance Life
Jim I am happy for you, congratulations!
I think the upside to the downward cost of used RV's is that the un-affordable cost of renting and owning homes is making RV living attractive. The problem with that is, where to put your RV to live in it.
Either that or workamp! Unless you want to retire of course but even then travel and volunteer or part time work and travel. That’s my plan in a year after my youngest graduates. 😉👍🏼
Cheap to live in rv site long term. I lived in 2 both were $350 a month including g trash internet water
@Angela H most BLM id in the southwest. Virtually none east of the Mississippi. Even BLm has been shutting down areas due to over use (trash)
@Angela H and in that lies an even larger problem. All the drifters taking over all the pristine camping spots.
They live in the streets until the law comes.
I lived as a roommate in a house that was sold right before Christmas of 2020. I didn't have the money to get an apartment, or anything in my county because of five years of wildfires. Everything has been taken and people were sleeping on couches and backyard still. I had been looking online and Marketplace for hours daily until late morning hours. I happen to decide to look at one more message that popped up on Marketplace at 3 AM. It was for a 98 fifth wheel. The lady posted it for her brother. I got a call at 7 AM to go look at it. Within 30 minutes after she posted it, she had over 80 messages. I was the first one thankfully who messaged. I got this trailer (with a family loan) and it was in great shape for a 98. I'm basically doing the lipstick and rouge thing. I did coat the roof, and I'm adding solar within a month. With the way things are going, this was the best decision I ever made.
I agree. I got a used 5th wheel in 2021. Paid probably a lil more than I wanted. I just rent a spot on my friends land in the forest. Dirt cheap compared to renting a home. Its good to realize you dont have much space. Its not for most peeps. I took out a slide window and installed a decent ac. For me it works great.
The old “if you want an RV, get an RV” saying just reinforces my belief that consumers are being used. If, after paying your house payment/rent, utilities, other NECESSARY bills, car payment/transportation, food, and putting at least 5% of pay in savings, then shop away. BUT, realize that an RV is akin to that definition of boat ownership. “Always bigger and ‘a hole in the water into which you pour your money.” Once you purchase an RV there’s solar, lithium batteries, better tires, a better mattress, tire pressure monitor, better hitch, portable fire pit, flagpole, better steps, outside carpet, “Blue Betty”, longer/better hoses (water and waste), wi fi extender, generator, RV ark memberships, etc. Not that they need all of that but once one RVs, they start watching YT vids most of which are commercials for “stuff”.
Stuff they probably cannot afford because their budget is stretched thin. And then there’s the RV’ers who experience medical issues while, after selling EVERYTHING to “live free” have nowhere to go except an RV park which may or may not have space to let you stay long enough to recuperate. I have parked next to several. I have more to say but this site is just as much a carnival hawker as are the rest of sites on YT. Be afraid. Be very afraid.
and most are NOT built to last long trips or year round living. There are several videos where they COMBUSTED on the road and the owners barely got OUT...
Fossil fuel price will always affect the purchase of new and used RVs. Over the years travel trailers were the most economical. The insurance is less, and you can use the pull vehicle for recreational driving at your destination. The fuel usage pulling a trailer is not a factor when comparing it to a class A motorhome. Pulling a trailer, I was getting 6 to7 miles per gallon of gas. My motorhome gets 7 to 9 miles per gallon of dsl. The plates for my motorhome are $300.00 per year, the insurance is around $1400.00 per year. The tires need replaced every 7 years and this last year I replaced them at a cost of around $4000.00. A refrigerator 3 years ago was just over $4000.00. I had it serviced last fall, the oil and filter change, complete lube for entire chassis, leveler's reset, rpl two batteries, change all fuel filters. this was a little over $900.00. At the fuel prices at this time filling the tank will cost $900.00. I don't think the price of fuel will return to the range it was before the present administration got in. Our leaders want to eliminate fossil fuels. As soon as the mid elections are over, they will continue with their quest of getting rid of fossil fuels. I feel they got the cart before the horse and the citizens are harnessed with the higher costs and a lowering of standard of living. I retired 13 years ago, and this year is the first time the cost of living exceeded my income. The increase in cost of living will cost the RV industry to shrink. It has happened in the past and we are headed in that direction now. History gives you a look at the future.
Ray
💯 percent correct!
nothing new under the sun.....history just repeats. Putin is the new Hitler. Biden is the new neville chamberlin
Have had many new RVs over the years... Everything from gas to diesel pushers.....have kept them short and long term......lost my shirt on everyone when it came time to sell it. RVs never appreciate in value. Buy wisely.
They are all built to fall apart in 10 years or less, unless they say airstream on them
@@TimBiagi Maybe, but I'm hearing of problems with Airstreams, too. There's not one RV on the market that's bullet proof. Some may be better than others, you have to be very careful when buying any brand.
It’s a money trap that most owners will not admit to.
@@kennethyoung1164 for the amount of use...it really isn't anything that the avg Joe can afford
Class B RV’s appreciate
Hard to believe quality control could be worse now then say the last 7 or 8 years .
One good fact to bring up when you say “don’t buy the payment” is buying a payment (per say) means you’ll end up paying way more in interest. Always look at what that money is costing you over the length of contract. Total interest paid.
that is what he meant. We all understood that.
It's not just the payment, but you have to have money for upkeep, repairs and,accessories that make the lifestyle more enjoyable
We drove 500 miles to Cheyenne camping center for our camper last year and it was such a great and smooth process. No tricks just a good deal!
I'll top that. We drove 1250 miles from California to Great Bend Kansas (Harper Camperland) to get our 5'ver. No one else had it near us. its a new 2021 Pinnacle. The 2022's were outrageously priced.
You tend to tell us what we need to hear, not what we want to hear. Thanks for being a straightforward person who cares about others.
Thank you. We have been on the fence. My neighbor just returned form Utah and Wyoming. Yet left his RV and truck at home. Instead taking his family van. He did say gas was just to high. Taking the van and staying at a hotel for couple of nights saved him about 1000$ . He said he only spent 500$ as compared to 1500$ he claimed would have cost him to take his RV and truck.
Imagine taking your RV on a trip and paying the price of a motel to park for the night. Depreciate 50% the next 2 years unless you buy another new one, then it appears like you made money on it. Except now your in debt for more thousands. That’s funny.
And- if you're traveling over 500 miles, it's far cheaper to fly and rent a vehicle. Stay at AirBnB's for a fraction of hotel prices and voila. It's what my wife and I are doing in May.
You have to want the lifestyle, things have changed so much. Living day to day, getting away, meant outdoors, quiet and walking and fishing. Not anymore. A big screen inside, a little screen under the awning. Door dash from restaurant to state park. Please, respect those around you. I love meeting new people with big families and new experience. Just remember quiet hours and keep your family safe.
Don't be fooled by the no inventory BS....
Every dealership from Ohio to Miami is totally over flowing with Millions of dollars of every RV , camper available.
Yup, I just drove from Houston TX to Orlando FL and the dealers were stacked full of inventory.
Local cw parking lot is full of new unsold campers
Agree. Just returned from Myrtle Beach and the lots are overflowing. He can say what he wants but with the Fed raising interest rates and gas prices at historic highs the industry is in for a rude awakening. Hopefully not as bad as in the 08 crash but still gonna come down hard IMHO.
@@DLTJR1959 yup
You are confused, all those RV’s your seeing are in for repairs.
Lately RV’s are cheaply built. Quality has plummeted even in so called high quality brands. People will wake up when they see repair costs. The supply chain has been hit since Covid and that is NOT over. Dealers want used RV’s to sell at a price too high. That is reality. The RV industry prices are so extreme. They CAN drop prices.
Covids not over cause the masses haven't woken up yet. I don't think they ever will in time. Jesus save us from these politicians/elite.
I really like this gentleman, very good insights and understanding of manufacturing and supply changes and pricing. Great interview and his advice, well worth taking.
I purchased a new campervan from a couple in Florida who didn’t have the title due to a bank lien . We spoke and established a good rapport . I felt comfortable and took a chance. I flew there and accompanied them to their bank, wired the money and they paid off their loan.
The title came through after a few weeks and I registered it in my name without a problem. Just use common sense and your gut.
boy you are inviting trouble!
@jay…well, I have a van , on my driveway and in my name. The couple are lovely people.
I predicted the demise of used RV prices last year and glad to see them coming down in price. So many people out there gouging their used RVs--shame on them. Now about the new ones. Just don't buy! If we all decide to not buy, within 6 months inventories will be stocked and discounts will be prevalent. But there are too many me people out there. They want something now! They have to have it now! By God, I don't care about anyone else but me! I'm going to buy now!
You are right Jay, folks want it too fast and do not care, then when the deck of cards fall down.... They scream help? The only reason we are being scalped on the new ones is not that they cost more to build but there are folks paying the price. I think the prices will fall when the builders realize that people are not willing to pay so much with payments more then there home for an RV that may not even last 10 years!
@@professionalinspectionserv9468 I hope you are right. But when people hit retirement, they don’t want to wait. But higher interest rates and prices may effect those youngsters that are full timing and working from their RVs.
Sometimes you have to roll while you can!
@@willardhooton920 shame on you!
@@professionalinspectionserv9468 - the cost for manufacturers has risen significantly.
This is great!!!! RV prices are so ridiculously high right now on both used and new. I think now is not a good time to buy but a great time to sell.
Hmm. Imagine that - people who make their living selling new RVs telling us to keep buying RVs in this downturn.... and scaring us from buying used.
You are funny i laugh hard !
Lol 😂 of course he would! He needs to pay that floor plan!
The owner wouldn't have the title with a bank lien against it???
I think that if you need someone to tell you to be sure of title provenance , you probably shouldn't be buying a used car either ...
I understand that inflation is pushing prices up, however, the factories were playing this game of price increases for all kinds of reasons over the last two years. Now that materials have stabilized its inflation. So there is always reasons to raise prices, none to drop them. They are making a lot of money, if they were not they would slow down and some would go out of business. I think it may be helpful with a market correction.
I was looking for a small travel trailer to keep on my property as an overflow for visiting family last year. A new one was out of the question, because I refuse to pay the ridiculous prices. I couldn't believe the prices being asked for shabby older units and all had some form of water damage.
I was up early one Sunday morning, went on Marketplace and just 7 minutes before a posting for a vintage 1976 14-foot FAM had been listed, with 6 pixs. For over 20 years, except for being moved to their new home, it hadn't been on the road, and tarps had always been kept over the top year-round (she had used it for her autistic son to camp in the yard), was in mint condition and even had tires that were less than a year old (she told me she changed the tires before it was moved to their new property). She had listed it for $450.! I thought the price was wrong, but when I contacted her, she stated that was the price. I got the address and was there within 30 minutes. When I got there, she told me that people had been contacting her offering double and triple the price, but since I was on my way, she told them unless I didn't want it, I had first dib's. I, of course, bought it. It pulled smooth as silk on the ride home and it's built like a little tank, since it was built before all these newer, cheaply made "lite" ones. I doubt anyone will ever find a score as good as this again!
I lucked into my 32' Montana . When I was looking for a bigger camper all I could find ran $10,000.00 heard about the 32 footer. Went to see it and the price was 3,000.00 I bought it on the spot. It was only 10 years old and well kept. Still living in it full time.
These prices ARE absolutely ridiculous. My wife and I only wanted a small camper with a bunkhouse for our kids and grandkids. 30k!!!! I refuse to pay that much.
Yea, used prices are nuts. I'm waiting myself.
Man we want one baaaad but I don’t wanna rush into it. Got three years (If The Lord wills) to retirement and would love to have one by then. Thank you for all the information I watch regularly!!
@@flfreefun1246 Unfortunately I think you're correct. 😔
@@flfreefun1246 what will happen?
We are 18 month away from retirement. New prices increased 36 percent from our shopping two years ago. It took buying new off the table. We knew the brand and model we wanted. One came across to us a 2021 model..below market and they only used it 4 or 5 times. Do your homework now and narrow it down-then strike when you see the perfect one for you.
That's great, but you probably will be paying $10. a gallon by that time! u can afford to move it ONCE a yr!!
If you're really dead set on buying an RV this year, first look at available reservations when and where you want to go. Then look up your second and third choices. You may find that what's available this late in the year is not at all what you had in mind.
Great point. Many campsites, particularly less expensive state campgrounds are booked 6 months to a year ahead. If you buy now, the only chance you will have for a decent site will be as a result of a cancellation. Buy in Fall for Spring or you may be camping in your front yard.
RV prices have to come down or many people just won't buy one. Then for those who have bought one during the pandemic RV mania, once they learn just how expensive and how much work Rving really is, many will probably sell and flood the market with cheap RVs.
The same RV we bought at the end of 2020 is now over 12k more!
Beware of the used ones from the pandemic sales. It might not have had the maintenance required.
I’m hoping to find one of those (small one) in the next year . . With a solid independent inspection because most newbies who bought in the past few years know squat about even basic maintenance . .
@@joygarrett8397 I agree with your statement. I am hoping to find a good used one like you. I am willing to do the maintenance work.
@@ITalk4-2 i have seen many many new RVs with problems !
I think vacation type buyers might level off or decline, but buyers needing a less expensive place to live might increase. Make a big house or rent payment or make a smaller rv payment and go where work is available.
that then changes demographics of the RV group to something less than desirable!
I consult in the industry and while I can't talk about specifics, here is something else to keep in mind. The supply chain is not working optimally and there are chronic shortages. That means that manufacturers either wait or they substitute components if they can find them. RVs are incredibly complicated and go through extensive engineering and testing under normal circumstances. These substitutions can cause quality issues. Talk to your dealer about service. Higher sales; quality issues and labor shortages, means that most RV dealers have a significant wait time for repairs.
Michael Selby - Then perhaps the correct thing to do is to only purchase 2019 or older, "pre-COVID" RV's at this time. I might consider this strategy myself as I am about to retire and have been considering a lightly used RV. I'm currently just waiting for the prices to get reasonable. I say when all the, come-lately "COVID RVers" start to get bored with it and sell off their purchases, the market will tank and I'll jump in and scarf up a barely-used one for pennies on the dollar. 😎
I remember when Monaco Pilgram
fleetwood and so on said this is just a 3 month trend.
Anybody who panicked and bought a 5 year old RV for the price of a new one during the corona is a complete fool. Same as bubble house price buyers.
I had to buy one because my parents are kicking me out of their house and there are no affordable houses or apartments for rent available in my area. So now I have to live in a old motorhome for who knows how long...
Few can afford the fuel to pull one these days. I suspect some of the larger ones will be bought to provide a place for people to live during this housing shortage.
Dealers in my area are still trying to sell 3 to 5 year old used campers for what they sold for new. Good luck with that.
there is an idiot born every minute.
Kevin is right! I waisted almost 2 hundred dollars in gas looking for a rv in 2013.
Ppl didn't have the title,had a title in someones else's name. One guy was selling his moms rv but her name was on the title,It was a nightmare!
So i bought a new One,this Crossroads rv has been very good! I recommend it highly.
Wait, I am friends with 2 owners of RV dealers both told me they were forced to lower prices. The gas prices are killing them.
Meh, our tent still works. We can wait until the prices come back to where they should be. This is the nature of all markets.
There were a lot of RV'S sold when the pandemic started so people could get out. It's over and now people are free again. It's time to buy if your careful. Just like a new car, wait until the dealers are flooded with inventory and can't sell them, the prices will fall.
Your expert is essentially an RV salesman. So his information just might be a little skewed.
When they ask what you want your payment to be, that's when I walk away. That technique is from the Cal Worthington school of salesmanship.
I always used say if you have to be concerned about the fuel price then ...you shouldn't buy an RV. Now it's gotten so bad that people are buying them as their primary residence because real estate has become increasingly difficult to afford. So much for the dream!
Main thing..... Don't buy a camper with a lien unless you can meet in person at the holding Bank. If it's in another state walk away. And yes, make sure drivers license matches the paper title. If it's digital, make them get paper or go and meet at the dmv and let the dmv show you themselves and check everything.
Thank you for this video and thank you Kevin for the information you gentlemen are great!!!
A couple months ago we purchased a 2018 Jayco Eagle 317 RLOK from a private party. The seller did not have the title because she still owed money on it. We negotiated a fair price and my wife and I had the seller meet us at our credit union. The credit union pretty much took over the legal transfer of the 5th wheel from there, contacting the lien holder, DMV, etc. We had intended to pay cash for the rig, but decided to finance a small amount just to make certain the transfer was done right. The Jayco had not been used in the last couple years, so it needed cleanup more than anything, along with tires and wheel bearings greased. I do almost all the work on my RVs myself, so I have gone through each mechanical system, along with the roof and sealing, and serviced everything before we take it out for the camping season. Glad we made the purchase.
I really like these market reports. Thanks Alan!
it always blows my mind that anyone would choose something other than a "single payment plan" for something like an RV....its no wonder the entirety of our country is broke a couple of times over...I suspect the next depression will make the last one look like a prequel to the main event.
boats are same way
I agree100 percent
What does "single payment plan" mean?
@@sethpawlik- I think they mean if you can't pay cash (instead of financing it) don't buy it.
@@sethpawlik it means you pay for it. Not necessarily "cash", in fact, carrying large amounts of cash in America (land of the USED TO BE free) and you will get it confiscated by some traitor in a funny costume pretending to follow some Constitution somewhere...but certainly not America's Constitution...but I digress, writing a check is safer than cash, unfortunately.
I have to laugh. Last July we found a used rig that was ONLY two months old. The dealer wanted well over the new MSRP. I made an offer and it was flatly turned down with no counter negotiation. We ordered a brand new one from a different dealer under MSRP. Sometimes the mom and pop places are better than the mega name dealers
So nice to listen to an honest rep. for the RV industri that is not trying to inflate the expectations.
He says the prices won't go down. Yes they will. When this economy crashes and it will, the prices will come back to earth and his business will hurt far worse than the previous 3 weeks he referred to. So he may know RV's, but the economy has gone past him.
He isn't dumb he is just fibbing
@@MX-CO I don't know about that, but if he thinks things will not crash, he has learned nothing in the last 70 years. So I would not tout him as an educated guest.
forgot about checking for liens THANK YOU
I also expect the prices of used RVs to drop. The reasons mentioned in this video are part of the reason, but only part. A lot of people over the past couple years have gotten RVs as way to get out the house in the time of COVID. History shows, even pre-pandemic, that a significant fraction will not like the lifestyle and get rid of their RVs. I would expect an even larger fraction of the pandemic driven sales to do the same as other means of travel open up. Hence more RVs available and less demand should mean lower prices.
That’s good news for those of us who plan to rv full time in a year. 🤞🏼
Interesting news but a more interesting shirt Alan! I live in Nashville - that shirt would certainly be popular here!
Last year I was looking for a Rv. Sticker shocked. I said I’ll wait ,Price’s will go down after Covid demand. Never thought about fuel price spike or interest hikes on loans. I’m buying in winter ,people will be selling ,supply will be thru the roof
If you’re buying new, buy now. The price of materials and manufacturing will only go up. If you’re buying used, wait. Take this time to know the model you want, wait till the crash and cash out a steal.
Great show KW, Keep 'em coming
Great info here. Thnx absolutely right too many scammers trying to rip people off lately. “Don’t buy the payment “ love that. Yeah the dears wants me to buy an rv 240 months. That’s crazy.
Fabulous info, thanks so much. Have owned a couple of rv’s and didn’t really give them a chance. I need to watch more to see if I’m ready to try it again.
Good advice about the payment question. Same thing when buying a car. Bottom line is what counts. Nice shirt by the way!
I hope to find a small used tt late this year or next year . . . So I can get back into RVing again . .
I would feel good about buying used .Just check it out .Have fun!
I’m looking into getting a used Rv in the very near future… I don’t know much about them so I have so much to learn but my son builds them for a living so I’m hoping his knowledge can help me when I’m ready
That was really really good advice, thank you for sharing Kevin's insight too.
Larger corporations have been buying up smaller and medium RV companies. Thor , a poorly run company with cheaply made RV’s has recently bought out Tiffin, a once quality RV producer, now to turn those campers into the cheap junk that has become their hallmark. Camping World, well known to the RV community to be the laziest, most careless and slipshod camping sales and supply are rapidly buying out smaller and more reputable RV companies, only to turn them into the same frustratingly useless locations as their parent corporation. Ask any experienced RV’er, they will confirm this. Stay away from these two companies. Older Tiffins are a good purchase, but Thor, and Camping World service will burn you.
We’ve had a TT for about a year and want to sell and upgrade to a used class C. Guess I’ll keep waiting for the used prices to go down before a purchase.
I've been waiting 2 years expecting prices to drop fall 2022.
Hotels opened
New owners have been paying storage fees
Realizing they don't use them
Gas prices fluctuating
And more.
I figure early next winter will be a great time to buy
Paid cash used 2018 Class B Winnebago Travato. Not planning on selling. Going to upgrade Air Conditioner because it sounds like a jet plane ✈️ lol.
next upgrade should be wings ..
I see a lot of them laying on the side of road laying on there sides. Probably get on real cheap. What they really need to do is train these people on how to drive these out fits. Really teach them how to hook them up. They do have very good stabilizer today. I see them all the time wagging there tails. Driving way to fast. And pulling them with way to small of a vehicle.
Could some of those flipped TT be from blown tires with single axle trailers?
Great information guys. I run a small RV rental business with 2 RV's. In 2021 our demand was through the roof. We had 312 days booked with 2 units for the season. Right now we are sitting at 184 days under contract.
I don’t know where you are seeing prices coming down. See them going up everyday!
@@SSsmith24 exactly, i live in NorCal and had to buy an old Class A motorhome because my parents are kicking me out of their house. ZERO houses or apartments to rent in my area...
Spent 35 years in wholesale and retail. Motor home reps are super nervous about what’s happening in our country and fuel prices.
The RV manufacturers and dealers were rejoicing when they struck down the lemon law in a few states and now Illinois higher court has declared in a case of a new RV purchase that the byers do not have to give the dealership time to fix the many wrong things before they can execute their right to ask for their money back. This is a game changer and is going to hurt the dealerships... Power to the buyers!!!
Yea it’s all going up we just bought a keystone passport and right out of the box the brakes didn’t work on my 2022 Silverado Z71 so it’s at the dealership now and they are going though the the wiring
I find it a disconnect between shortages for new RV's and the statement that used RV's are coming down "hard". I can definitely say that I can get much more for my used trailer than what I paid for it 2 years ago.
Buy for how long? It may be worth less in the near future
@@MX-CO Well of course. That would be true in any economy. Except this rather weird one we're in. But sooner or later, it will come down, and there'll be a glut. But not apparently this year. For sure, it doesn't appear that used RV's are going up anymore.
I recently sold my toyhauler for just a little more than I paid new in July of 2020. I’m now patiently waiting for the market to come down and get something a bit smaller
Take the 7 year approach. After 7 years get a newer one. Im not talking RVs Im talking under 10 grand. 5th wheels. If you got land and services you are in like Flynn. Only if you can do necessary repairs and are ok with the smaller space.
We bought a used leisure travel van Unity. They hold their value very well and there’s a 4 year wait for a new one! Most other RV’s are just junk.
The "mess" is in Washington DC... not Russia. Of course a dealer is going to tell you to sell so they can stack their inventory to take advantage of the margin on used RVs.
We got the mess that some voted for! Unfortunately it is screwing the rest of us!
When I look at the R.V. Industry I can’t help but to compare it to the automotive industry. The quality will vary with the prices. The customer planning on using a rig for several months a year and most weekends will need a more durable and solid R.V. ( Airstream/ Lance etc )
They will pay for that level of quality. The weekend warrior can get by in an entry level rig with regular maintenance.
After all you don’t see a half ton/ passenger truck on a construction site.
You get what you pay for. Quality and price go hand in hand.
Love your program! Thank you for the info!🙏
As an RV owner considering selling my existing rig I am annoyed by this.
What the sale man wants me to think . New RVs have problems more times than not ! Buy Use save money & the first guy fix all that stuff !
Sales on new RV’s are completely opposite at least according to a good friend who is in sales at a large Ca dealership. He has been averaging about a 25% cancellation rate, remember Ca is about 40% above the national average in cost for fuel.
My fifth wheel is 6 years old. Would like to upgrade but don't want to go through all the work. I've repaired and replaced so much.
I bought a new RV and traded in m y used RV to a dealer. I got more for my used RV in trade in than I paid two years ago! I was sure surprised!!
Great advice. Anytime you have to deal with the "public"...BEWARE and Be Cautious!
Bylaws around North America making it difficult for the rv travellers and the rv dealerships and rv manufacturers failure to stand up to government wars against rv travellers.
Rv parks demanding rv's be 10 years old or newer at exhorbitant prices.
Rv's so poorly built, poor insulation, leaking, etc... rv's should be better built.
Yes, as long as people keep buying they’ll keep making them cheap.
@@SSsmith24 Omg, what make/model was that? And who was that YT’ber? I follow a lot of channels but not that one as I hadn’t heard that. The only creator I’ve followed that has had issues with their RV’s is Creativity RV & she’s bought Tiffin, Hymer & other quality new ones- 3 or 4 in 5 years- & she had problems! She finally bought a used Lance to put on her truck so she could go to places her 5th wheel couldn’t. Mo in NJ
We bought a new Intech Discover this year. LOVE IT! Have made a few changes but, didnt purchase it for short term, will have it long term. This camper is a mini toy hauler so we use it more for hauling then camping cuz the camping is very difficult to book spaces. Then when finally get to destination it's bee very windy so come home. A new lesson...no way of knowing the weather 6 months out. So, we are lucky that this is a "dual purpose" camper and covered trailer. Most RVers I know just have their RV in storage. Ours has been used a lot😜
You can go online in the dmv in most of the state wear you live and check the title status.
Lot's of people want out from under these boat anchors. Beware potential consignees. Dealers have called consigners letting them know a buyer has a low offer. They'll renegotiate the consignment value, knowing full well they sold your unit at full price.
Kevin's the stuff!!! Good man!
Plus....many campgrounds are seeing cancelations....a few have seen 50% of their reservations cancelled!!
God bless you gentlemen and thank you for this informational and encouraging message.
I have a tough time listening to people who can’t keep their eyes open when they are talking. Cant help but think they are saying things that are not necessarily true.
He's right, as long as gas is available we are going to camp. Lucky to get an rv before covid.
Prices on used campers were still affordable. Plus I fix my own rv.
I'm looking for a small, under 3500lbs, used travel trailer. Prices are still ridiculous compared to pre 2020.
same
Interest rates increasing will cool prices across the board too
My daughter bought a 91 Fleetwood for 1\4 of it's value ☺️💞 Runs so quiet and perfect .. but she is going to remodel the inside
My opinion...cause i a really work in the rv industry. A looot of campers where sold during the pandemic. It's how lots of folks decided to social distance. Now that vivid is over...tjose same people are trying to sell but there's just a crap ton of these campers available. Thus...its a buyers market
Its sad when we see on RUclips what RV Europe and Asian countries have, much better quality for much lower prices. Out here were stuck with laws that do not allow us to buy from the manufacture and dealers mark ups of over 100%
Good video, jibes with my research and watching both local dealers and RVTrader pricing and availability. Today, April 8, 2022. Up until a month ago, trailers of all types disappeared immediately off lots or were bought before they arrived. NOW? all the same trailers are STILL on the lots and not moving. Here in the last few days, I'm seeing prices "discounted" a couple K on some models. Same for trucks on lots.
If I can get a rate in the low 3% range, I'm gonna finance if only from a cash flow standpoint. I have the money for the most part but, that's like giving money away frankly. I always have paid off early, but it's my choice on how to go about that.
RV lots are packed here in Florida…. Far from a shortage just made up crap..😳🤨
Going down boys but I appreciate the hope! Maybe ...people will need to revisit where they are going to live with rents climbing!
My neighbor just sold her used RV for double what she paid for it. She sold it to. Young couple stating they couldn’t find a place to rent and the places that were available were for ridiculous prices a 2 Bdrm apt is going for 2200.00 a month, an apartment that used tone just last year 1350.00.
Factories are cutting hugggge discounts on class As and diesels. Cheap trailers are still selling. Factory lines have opens. First time in two years. Just like 08. Only thing different this is stagflation this time
Waiting here.
Parking lots are full and so many left over 2022 models.
Don't buy yet prices are still dropping
You can sort a title issue out- just make sure a clean title is a condition of the sale and that its the sellers responsibility to provide a clean title, including no liens. Been there, done that on a car purchase. Seller will be highly motivated to sort that before the deal closes. If you don't know this, you probably shouldn't be making a purchase this large.
I don’t understand what you mean by ‘Don’t buy the payment’. Thanks for this info.
@Judy Jackson. Judy, it just means don’t buy it if the payment fits in your budget without considering all the other factors. Any business can make the payment lower by extending the payment length & many do that bc they make the finance charge higher & higher. Banks charge a finance charge (interest rate) & then dealers add on another 1-3% making the interest rate higher & you don’t realize that. Dealers also add on ridiculous fees so you end up paying much more than the price of the RV. Go to your own Credit Union or bank & apply for the loan yourself. You must consider everything. Good luck, Mo in NJ