Question Is this the beginning of the pullback?

[sheridany]

SSI: July 2021 Retail Registrations at 53,985, Down 25% - RVBusiness - Breaking RV Industry News

RVBusiness - Breaking RV Industry News SSI: July 2021 Retail Registrations at 53,985, Down 25% Top Story

rvbusiness.com

 

[Neal]

Or is it an indication of inventory shortage?

 

[Joe Hogan]

So I guess it depends who you ask...Or how you look at sales

July RV Shipments Up 3.5%, Best July On Record

www.rvia.org

 

[AbdRahim]

Sales go up and sales go down. There is always some sort of cycle, just like all markets.

 

[Old Bubblehead]

All the above.

 

[Skipper N Martha Bishop]

I'm just working on my 2nd cup of coffee so as I read it I sorta dosed off. I need to finish my coffee and then I'll finish reading our travel trailer for our next outing in a week. But at first glance I would think it would be a decline in interested buyers. Skipper.

 

["EZ"]

Inventory shortage due to supply chain shortages. You can't build them if you can't get the materials. I am having an extremely hard time getting the truck bodies I sell because of the same reason. Yet everything I have is pre-sold before I get it. The demand is still there. But the manufacturers can't keep up due to material shortages and lack of employees willing to work. I just had the biggest sales month I've ever had in the 8 years I've been with this company. The market is still very strong. If the numbers went down it wasn't due to lack of demand.

 

[murphysranch]

Quite a few Rite Aid pharmacies were closed yesterday, Saturday, in Southern OR and northern coast of CA. Labor shortage within the Rx depts.

 

[Buly]

My supplier had a price raise of 6% in June. Just got the new price list for Jan 1/22, with 10-13% raise on top of the last one.
Have hard time explaining all that to customers ?

 

[Skipper N Martha Bishop]

I have a friend in the auto business. He is the general manager of a ford dealership. On new vehicles the price is way over retail. All due to shortage to a chip. His inventory is mostly sold before it arrives. Especially so on trucks F-250 and up. He doesn't see any change tell the 3 quarter of 2022. Everything just seems to have gone up over night. Skipper

 

["EZ"]

My supplier had a price raise of 6% in June. Just got the new price list for Jan 1/22, with 10-13% raise on top of the last one.
Have hard time explaining all that to customers ?

Our steel truck bodies have gone up 40-45% over the past year. The trucks have also gone up a tremendous amount. I'm still sold out of everything I have on order. Can't get enough of anything because it's all sold. It's been amazing.

 

["EZ"]

I have a friend in the auto business. He is the general manager of a ford dealership. On new vehicles the price is way over retail. All due to shortage to a chip. His inventory is mostly sold before it arrives. Especially so on trucks F-250 and up. He doesn't see any change tell the 3 quarter of 2022. Everything just seems to have gone up over night. Skipper

He ain't lying. It's the same thing I'm seeing with the dealers I sell to.

 

[Skipper N Martha Bishop]

I know we will all be glad when it gets back to normal what ever that is. I bought a new 2020 as they were fading out for the 2021's. So I'm ok but there are a lot of people needing a truck and the prices are so high it is hard on a lot of people.

 

[STANDERSON]

I was at a dealer getting warranty work done. Selection was thin and they had taken a magic marker and added $2500 to all prices.

 

[Skipper N Martha Bishop]

I was at a dealer getting warranty work done. Selection was thin and they had taken a magic marker and added $2500 to all prices.

Yep and some places get more on certain vehicles. Supplies are very limited and the increase is to make up the difference IMHO

 

[AbdRahim]

Ambitious good mechanics should get a lot more work as those of us with older trucks try to keep them going.