Tip Buyers Market?

[Diesel Pusher]

It's looking like a buyers market with year-end approaching, time to sharpen your negotiating skills. “With the new model year 2024 quickly arriving,” Lemonis said, “the cost of those units in our core segments are coming in more than 12% less. We must remain steadfast in this model year elimination strategy.” Full article here Camping World ‘Rigorous’ on Aged Inventory Purge - RV News

This one might be an indicator of better trade-in values “We have reduced our new unit days supply from 250 units at the end of last year to 171 this year,” he said, “and have intensified our used inventory procurement efforts, more than doubling our previous record in both the months of September and October.” Full article here

Lazydays Cutting Costs as Sales Slump - RV News

Lazydays reported third-quarter 2023 financial results of a net loss from a profit in the third quarter of 2022.

www.rvnews.com

 

[Jireh Financial]

Things like cost going down even hurts the giants when carryovers are there. Carryovers can kill dealerships. It all costs money.

 

[Kevin D Pem]

It's looking like a buyers market with year-end approaching, time to sharpen your negotiating skills. “With the new model year 2024 quickly arriving,” Lemonis said, “the cost of those units in our core segments are coming in more than 12% less. We must remain steadfast in this model year elimination strategy.” Full article here Camping World ‘Rigorous’ on Aged Inventory Purge - RV News

This one might be an indicator of better trade-in values “We have reduced our new unit days supply from 250 units at the end of last year to 171 this year,” he said, “and have intensified our used inventory procurement efforts, more than doubling our previous record in both the months of September and October.” Full article here

Lazydays Cutting Costs as Sales Slump - RV News

Lazydays reported third-quarter 2023 financial results of a net loss from a profit in the third quarter of 2022.

www.rvnews.com

Bravo!!! Keep in mind,that the best time to take advantage of a falling market, is to wait for the bottom before you buy!

Lazy days does not have a crystal ball! What they have is a grasp of history. Think 2008 when trying to figure the time to buy! We have still got plenty of time to find the coach to fall in love with! I predict at least a year or more!!!

 

[Underboss]

Yes I see dealers only reducing 2023 DPs and Super Cs 10 to 12%. Fighting they may get to 22%. Another month and the 2023's will be last years model. It seems that some dealers are resistant to lowering their prices and moving inventory. I still see some dealers with brand new 2022s.
Same can be said of private sellers, some think they can get 100k more then the times are allowing. I see 2022 used models and the owners are trying to sell at 15% off original msrp.
I think this will be changing soon