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There are other examples as well. For me, it is RVs. Generally people only buy them when they're feeling good about the future, so you'd expect uncertainty to
by rootusrootus 6y ago
There are other examples as well. For me, it is RVs. Generally people only buy them when they're feeling good about the future, so you'd expect uncertainty to be devastating right now. Nope, dealers are moving them as fast as they can get them in stock, and they're not budging on price. Normally you only pay about 2/3 MSRP for an RV. Not right now.
Sucks because I want to upgrade to something a little bigger, and I don't want to pay an extra 10K just to have it right now. So I'll wait until January and see if the dealer is feeling more agreeable.
- kbenson 6y agoWell, that's the safe way to vacation now, take your shelter with you. That seems obvious to me once you mention the trend.
- abtom 6y agoEither that, or a large number of people are unable to meet expenses and forced to break bad. /jk
- glofish 6y agoRV's are not a good sign of recovery in this case. Usually RVs are bought in addition to other travel, they are more of a luxury item. In the current environment where booking a hotel is considered by some risky RVs are bought as a necessity if one wants to travel.
- reaperducer 6y agoUsually RVs are bought in addition to other travel, they are more of a luxury item. I've seen plenty of newspaper items in the last few months about people who usually fly places for summer vacation putting that money into a used, or cheap new R.V. Aside from not being able to fly out of the country, it apparently gives them peace of mind knowing they can take their quarantine bubble with them wherever they go.
- ponker 6y agoMy dad just bought one so he could get out while social distancing.
- rkochman 6y agoI don’t think RVs are a good indicator. My wife and I just bought a 32’ Class A motorhome to travel around the country in the fall, since I’m forced to work remotely and the kids will be doing school remotely. If there were no pandemic, we would have never dreamed of buying one.
- rootusrootus 6y agoRight, I agree that this is probably the fundamental reason. Just not something I'd have expected going into this crisis. I'm glad for it, though, we're going to put ours on the market in a couple weeks after our last planned camping trip for the year, a strong market will be good for resale. Hoping it weakens a bit over the winter, though, because before next season rolls around I'll want another.