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06-25-2022, 08:30 PM
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#1
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Junior Member
Join Date: Jun 2022
Posts: 1
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Time to buy?
Looking to buy a new 5er toy hauler. With the current economics in the US, is now the time to buy or wait? The dealer that has the unit I'm interested in has a parking lot full TT and a handful of 5er. They are advertising the unit at about 30% below MSRP.
Do you think prices will come down more or go up due to inflation and the rising cost of materials?
Thanks in advance for your replies.
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06-25-2022, 09:02 PM
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#2
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Senior Member
Join Date: Feb 2018
Location: TEXAS
Posts: 9,133
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The prices on new units have gone sky high, so 30% off is off the higher price.
Where the industry is going is anyone's guess. You'd think the gas prices might have slowed down the purchase, but people may be camping closer to home. Or they've just decided to eat the cost and travel.
Unless the cost of materials and labor goes down and the supply chain gets back to normal, I don't see the prices going down anytime soon. But that's just my two cents.
__________________
2015 Dynamax REV 24TB class C
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06-25-2022, 09:18 PM
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#3
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Senior Member
Join Date: Jan 2019
Posts: 1,165
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I was looking around a bit today and the market really hasn't gone down any. We could still get what we paid for our Class C when we bought it new for.
The only thing I see is I think the market has reached its peak and may start to decline. Build quality for new units the last couple years appears to be some of the worst in awhile making used units pre covid more appealing then newer ones.
I guess jump in where you can afford to and start your journey. If you are just going to be an occasional user renting is cheaper than buying. And may get you through this round of crazy prices.
My magic ball is telling me I should sell now. And wait 1 or 2 years to get back in. But we really love our RV.
Good luck.
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06-25-2022, 09:50 PM
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#4
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Site Team
Join Date: Jan 2007
Location: Goodyear, Arizona
Posts: 33,607
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WAIT!!
__________________
Dan-Retired California Firefighter/EMT
Shawn-Musician/Entrepreneur/Wine Expert
and Zoe the Wonder Dog(R.I.P.)
2016 PrimeTime TracerAIR 255, pushing a 2014 Ford F150 SCREW XTR 4x4 3.5 Ecoboost w/Max Tow Package
4pt Equal-i-zer WDH and 1828lbs of payload capacity
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06-25-2022, 09:50 PM
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#5
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Senior Member
Join Date: Feb 2020
Location: Northern Foothils CA
Posts: 1,405
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the RV lots in my area are pretty full.
__________________
2021 2205S Rockwood Minilite
2019 F 150 Lariat 3.5 Eco Fx4 Max Tow
Equal-i-zer WDH, 1809 lb payload
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06-25-2022, 10:05 PM
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#6
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Senior Member
Join Date: Jul 2017
Posts: 4,043
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30% off msrp is standard . I think the market will drop . RV production has fallen over 8% over the last yr . It's a gamble but you may find better pricing in the fall . Or prices will head higher . lol
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06-25-2022, 10:15 PM
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#7
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Senior Member
Join Date: Aug 2020
Posts: 707
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I am prepping my TT for sale right now. Mostly just a good cleaning (and a little re-caulking that's due) Hoping to have it on the market in a week or two and expect/hope to get what I paid for it 10 years ago. Sounds crazy but from checking prices on the internet I think it's possible.
We have found a 5th wheel that we really like but probably won't jump until next spring at the earliest, after the new year models are out. Gives us a chance to see what the economy and interest rates do.
__________________
2007 Sierra 2500HD Duramax | ECSB
2012 Rockwood Minilite 2104 - Purchased 08/2012 - Sold 07/2022
2022 SOB 29' 5th wheel - purchased 09/2022; 400w solar on roof; 150w suitcase kit; 206ah LiFePO4; 2k inverter; boondock ready
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06-25-2022, 10:34 PM
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#8
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Scoundrel
Join Date: Feb 2017
Location: Montrose, Colorado
Posts: 2,788
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Its not about saving a few hundred bucks. Its about making memories. The best time to buy was yesterday.
__________________
2024 Geo Pro 15TB, 400W Solar, 2 Golf Cart batteries
2015 F-150 5.0L V8 XLT Crew Cab, 4x4, Tow Package, 36 gal tank, 3.55 locker, 1891 payload, Integrated Brake Controller, Roadmaster Active Suspension
Wooden Spoon Survivor
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06-25-2022, 11:53 PM
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#9
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Senior Member
Join Date: Mar 2019
Location: Nevada
Posts: 1,781
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I just bought a Ram diesel for MSRP. It took a month to get. There will be a couple of incentives to get the price down about $1,500 under.
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06-26-2022, 03:59 AM
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#10
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Steve & Linda M.
Join Date: Dec 2021
Location: SW Michigan
Posts: 411
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Most recent news articles suggest that the Sellers market has already started turning into a Buyers market. Then of course, you have to weigh your own financial situation into that trend and how will the forecasted economic trends effect you.
__________________
Started in the "Pumpkin" '79 Burnt Orange Dodge "Street Van" ... NW cruise, Canadian Rockies, Round trip to Alaska. Then' 94 Tioga Montara, '06 Jayco Jay Flight 5th Wheel. Workmanship decline started : '15 Thor Siesta & '17 Tiffin Breeze.
Another RV learning experience with our 2022 34KD Force.
2019 Jeep KL (Cherokee) TOAD
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06-26-2022, 04:21 AM
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#11
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Defender of America
Join Date: Sep 2020
Location: Valhalla
Posts: 1,451
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Shoulda, Coulda, Woulda!
What I learned from the financial markets is that you can't time anything perfect. Either it's a good decision or not. Make the call one way or the other and live with it. There's a reason you're looking for a TT and that decision shouldn't be about saving a couple of $$. I certainly haven't saved any money since I bought my camper; but, I've had some great times camping with the family.
__________________
Retired USAF
2021 Freedom Express 192RBS
2020 F150 STX 4X4 w/Coyote V8
Centerline TS WDH
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06-26-2022, 05:48 AM
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#12
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Senior Member
Join Date: Dec 2021
Posts: 188
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Other than the financial aspect, take a good look at new owner satisfaction with RVs lately. It is very low.
the 21-22 “Covid Campers” seem to have much more than the expected new RV problems. I don’t think that I will ever buy new. I’ve bought two used RVs (a 5er and a Class A) with zero problems.
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06-26-2022, 07:01 AM
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#13
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Senior Member
Join Date: Jun 2017
Posts: 2,517
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A lot of great points very valid points. I am going in the opposite direction right now. I am drying to downsize my expenses. So having just in April been on a few car lots looking for a DD so I wouldn’t have to crank the diesel daily car market is starting to shift but slowly First thing first it’s not about the money it’s about the memories is very valid, but with current conditions of inflation there isn’t a lot of money for the making of memories. So as much as I loved my Ram 3500 I traded for older base model F 250 gasser. When I was on the same lots in April there might have been 5-7 HD trucks for sale combined and though all the lots were mostly filled it was high mileage used very few newer. Fast forward to Tuesday last week lots had more new inventory but limited overall however every lot had 4-7 HD trucks ( unfortunately for me most diesel and most dually) The item I was trading in and not much of what I was looking for. Guy at the Ram house whom I bought several vehicles from in past told me if I had done in April he would have bought my truck for low 80’s and had it sold for low 90’s before I left the lot. Now he offered 78 cus I was good customer but nothing for me to trade for to drop payment. So at the Toyota dealership I hear same numbers but the got a trade that makes it work. I get 2k more than I paid new but my new to me truck with 50k on the odometer and 3 years old is 10-13k higher than when new. They posted my trucks 6k higher than they paid me. Now I have 600 extra a month to make memories.
X2 on 30% off is standard. It’s how they get people into trls who are trading in or don’t have huge down payment. They just wiggle the the numbers to show the banks your financing less than msrp. Last year MSRP was mid 70s on trl I bought but everyone who had one was advertising for mid 40s. So since we were upside down on trade in we financed for just over $70. So while we got new we paid premium.
X2 on 30% off higher prices as stated above the msrp on my 2021 was mid $70’s. I was looking up specs due to dropping from 1 ton diesel DWD CTD long bed to F 250 short bed. New 2022 was advertised for 97 and 98 on two different dealership.
While I don’t see prices dropping to much anytime soon. We are in unprecedented territory supply chain shortages, baby boomers ( greatest generation ever) are retiring in huge numbers, war effecting oil ( it’s still being sold ) wheat rotting that can’t get out inflation at 40 year high first big bump in interest rate in 20 -30 years with predictions of another. Any one of these items alone should have sent markets down but it’s still flying high. So if anyone says they know where the economy is headed you can take that and $5 buy a cup of coffee well better take $7.50 sure the price is going up.
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2022 Chevy 3500 Diesel SWD
2022 Columbus 329 DVC
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06-26-2022, 08:49 AM
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#14
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Senior Member
Join Date: Jul 2017
Posts: 4,043
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don't know what markets you speak of . stocks are off by 50% or more since the beginning of 2022 .
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06-26-2022, 09:01 AM
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#15
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Junior Member
Join Date: Mar 2020
Posts: 28
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Quote:
Originally Posted by MR.M
don't know what markets you speak of . stocks are off by 50% or more since the beginning of 2022 .
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Huh? The S&P 500 index is down 16.2% year to date.
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06-26-2022, 09:22 AM
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#16
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Senior Member
Join Date: Jul 2017
Posts: 4,043
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Quote:
Originally Posted by BikeFlagAZ
Huh? The S&P 500 index is down 16.2% year to date.
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s&p is down over 20% from it's high, dow over 17% nasdaq 27%
My 50% was an exaggeration to get the message across . yet many stocks are down 50% or more .
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06-26-2022, 02:57 PM
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#17
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Site Team
Join Date: Jan 2007
Location: Goodyear, Arizona
Posts: 33,607
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Quote:
Originally Posted by moose074
While I don’t see prices dropping to much anytime soon. We are in unprecedented territory supply chain shortages, baby boomers ( greatest generation ever) are retiring in huge numbers.
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I'm a member of the Baby Boomer generation and we are NOT the Greatest Generation. That title was for our parents generation. They made it through the the Great Depression and WWII. In a lot of ways, my generation is responsible for a lot of the current mess were in. Calling us the Greatest Generation is disrespectful of the actual Greatest Generation.
__________________
Dan-Retired California Firefighter/EMT
Shawn-Musician/Entrepreneur/Wine Expert
and Zoe the Wonder Dog(R.I.P.)
2016 PrimeTime TracerAIR 255, pushing a 2014 Ford F150 SCREW XTR 4x4 3.5 Ecoboost w/Max Tow Package
4pt Equal-i-zer WDH and 1828lbs of payload capacity
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06-26-2022, 04:36 PM
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#18
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Senior Member
Join Date: Jun 2017
Posts: 2,517
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Quote:
Originally Posted by bikendan
I'm a member of the Baby Boomer generation and we are NOT the Greatest Generation. That title was for our parents generation. They made it through the the Great Depression and WWII. In a lot of ways, my generation is responsible for a lot of the current mess were in. Calling us the Greatest Generation is disrespectful of the actual Greatest Generation.
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You are correct my apologies
__________________
2022 Chevy 3500 Diesel SWD
2022 Columbus 329 DVC
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06-26-2022, 04:50 PM
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#19
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Senior Member
Join Date: Jun 2017
Posts: 2,517
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Quote:
Originally Posted by MR.M
s&p is down over 20% from it's high, dow over 17% nasdaq 27%
My 50% was an exaggeration to get the message across . yet many stocks are down 50% or more .
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Yes but that is coming off an all time record , I have been hearing that the market is going to self correct since it went over 30,000 two years ago. It’s still over 31,000
__________________
2022 Chevy 3500 Diesel SWD
2022 Columbus 329 DVC
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06-26-2022, 05:14 PM
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#20
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Senior Member
Join Date: Apr 2013
Location: Central New York
Posts: 1,165
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Quote:
Originally Posted by Chad74
Looking to buy a new 5er toy hauler. With the current economics in the US, is now the time to buy or wait? The dealer that has the unit I'm interested in has a parking lot full TT and a handful of 5er. They are advertising the unit at about 30% below MSRP.
Do you think prices will come down more or go up due to inflation and the rising cost of materials?
Thanks in advance for your replies.
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Demand may be softening and inventory is up which will help bring prices down, but materials haven't really come down, so I think there is a limit to how much RV prices will drop in the short term.
But, if you are financing an RV, interest rates look like they will increase again later this year, which can have a much bigger impact on your total cost than whatever additional discount a dealer might offer later in the year.
It's been a rough market for buyers, and maybe getting a little better but still not great.
__________________
2022 Columbus 379MBC (Previous 2013 Rockwood Roo 23 IKSS)
2023 F-350 (Previous 2017 F250, 2005 F-150)
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