Used market pricing

[redbaron]

I was checking the value of my RV today and a new question appeared after asking about overall condition.

It asked if the fuel tank was full.

 

[FL-JOE]

All kidding aside, I suspect the used RV market just switched from a sellers market to a buyers market in the past 2 weeks. Long about June when diesel goes over $7 a gallon I suspect most of us could buy our "dream" coach pretty cheap.

 

[luckyeddie]

Fuel prices have always been pretty flexible, changing according to world conditions and the like. Most people know this, I suspect that most owners will just park them until it becomes more affordable to move about the country.

Eddie

 

[Scooterfan]

Although fuel prices hurt, we will see interest rates rise very soon. There's going to be increased pressure on the industry as a whole. I've already noticed some popular RV parks offering lower price incentives. If we're still here this time next year, the RV world may look very different than today IMHO. Blessings

 

[meaningful meanderings]

From what I think I know about this from watching the RV and boat market past few years during the plague, it's been suggested that there were a lot of first time buyers as a way to vacation, recreation, etc. during quarantine. With plague somewhat in remission and escalating fuel prices I suspect to see a larger than normal supply of used. Then again, they may be keeping them as possibly a place to live the way the economy is going...

 

[RTRanger]

We sold our class A and bought a class B recently but it had nothing to do with fuel or market prices. Just a change in circumstances, I hoped that selling and buying at the top of the market would kind of equal each other out. I think it did.

I look at Craigslist RV listings for fun when I’m bored, the number of listings has increased a little but I don’t see any bargains. What they sell for might be very different from the asking price.

A couple years ago there would be hundreds of RVs listed. Now I see a bunch of school buses and those utility trailer ads that shouldn’t be in the RV section because there is a separate trailer section on Craigslist.

BTW, I flag those trailer ads when I see ‘em in the RV listings.