Well this doesn’t look good, what do you think?

Joined
Nov 3, 2019
Messages
102
Location
Florida
RV Year
2018
RV Make
Newmar
RV Model
CanyonStar
RV Length
39' 11"
Toad
Demco KarKaddy 460SS and VW Passat
During my employment financing RV dealership inventory for Bombardier Capital (purchased by GE Capital), we used the empirical data derived from the RV sector sales to predict the strength of the overall economy. During this time, I also was responsible for Powersports Inventory, Marine and Mobile Home dealer financing. The lead indicator was RV. We also watched the banking loan sector and home equity loans to predict RV sales trends. Using this data, 2007, 2008, 2009 was no surprise. Most of us prospered in our retirement accounts during the great recession in 2007, 2008, 2009.

That said, this is worth a read https://www.rvia.org/news-insights/rv-shipments-october-2019

There is some lag between a RV sales downturn and the overall economy. Generally, 12-18 months.

BTW This is not financial advice. This is only a general observation. I am no longer a licensed Financial Advisor and can not provide financial advice in any form.
 
Joined
Nov 2, 2019
Messages
190
Location
Flagstaff, AZ
RV Year
2018
RV Make
Newmar
RV Model
New Aire 3343
RV Length
33' 9"
Toad
2020 Jeep Wrangler Rubicon
Best predictor of the future is past performance. This chart says it all. Hold on.

Screen Shot 2019-11-28 at 1.57.58 PM.jpg
 
Joined
Nov 3, 2019
Messages
102
Location
Florida
RV Year
2018
RV Make
Newmar
RV Model
CanyonStar
RV Length
39' 11"
Toad
Demco KarKaddy 460SS and VW Passat
Ths Inverted yield curve is a great indicator. It confirms we are in for a slow down.
 
Joined
Nov 15, 2019
Messages
139
Location
DFW, TX
RV Year
2020
RV Make
Newmar
RV Model
New Aire 3543
RV Length
35
Toad
2020 Jeep Gladiator
🍿🍿
 
Joined
Nov 3, 2019
Messages
17
RV Year
2016
RV Make
Newmar
RV Model
Ventana 4037
RV Length
40’
Toad
Jeep JKU
When working with the technician troubleshooting the shorted fuel injector in my Cummins ISL. He did let slip he prefers working on the Detroit Diesel. The interface they use works better than the Cummins Insite software apparently...saving him a lot of time and frustration.
 
Joined
Nov 2, 2019
Messages
308
Location
WA, MT or somewhere else!
RV Year
2018
RV Make
Newmar
RV Model
Mountain Aire 4047
RV Length
40'
Toad
2014 Honda CR-V
We’re in a really prolonged bull market...gotta change sometime.
This!

We WILL see a downward economic "adjustment" sometime in the foreseeable future. It is just a matter of exactly when. This is a "natural adjustment" in the economic world, and when these adjustments happen, one of the first hits is in "discretionary spending.

For those of us who are retired, the best defense is good financial planning and management that moderates the downturn. That's why we use a Certified Financial Planner with an excellent track record to help us reduce the risk and keep us diversified. That worked well for us in the 2007 fiasco, so we see no need to fix something that ain't broke.

Yes, we will see a market turndown again in the motorhome industry one of these days. The strong companies will survive by making smart financial and production choices; the weaker ones will go the way of the dinosaur. I'm betting that Newmar (aka Winnebago) will make the right decisions.

TJ
 
Joined
Nov 15, 2019
Messages
139
Location
DFW, TX
RV Year
2020
RV Make
Newmar
RV Model
New Aire 3543
RV Length
35
Toad
2020 Jeep Gladiator
This!

We WILL see a downward economic "adjustment" sometime in the foreseeable future. It is just a matter of exactly when. This is a "natural adjustment" in the economic world, and when these adjustments happen, one of the first hits is in "discretionary spending.

For those of us who are retired, the best defense is good financial planning and management that moderates the downturn. That's why we use a Certified Financial Planner with an excellent track record to help us reduce the risk and keep us diversified. That worked well for us in the 2007 fiasco, so we see no need to fix something that ain't broke.

Yes, we will see a market turndown again in the motorhome industry one of these days. The strong companies will survive by making smart financial and production choices; the weaker ones will go the way of the dinosaur. I'm betting that Newmar (aka Winnebago) will make the right decisions.

TJ
I couldn’t have said it better myself...
 
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