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Old 11-24-2019, 09:31 AM   #1
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Wow--- The volume of new and used coaches for sale is amazing

Since I once bought a coach from a really large motorcoach dealer in Alvaredo, TX I am always receiving their sale brochures.

However, this one is amazing. They are currently advertising year end specials on new and used RVs. I decided just for fun to ask for a listing of all the "Diesel Pushers" that they have for sale as of this morning. They show 228 Diesel Pusher units !!!!! Good Grief!!!! Frankly, it is hard for me to relate to the bank loan number that must be involved in that volume of new and used "big-iron" inventory sitting there on the lot for sale. It is equally impossible for me to wrap my head around how the manager can wrap his or her head around how much inventory they have sitting there.... how many customers there are with at least $150,000 in their pocket this month, and how many units I would need to be pushing out the door every day or week to keep from getting overwhelmed with that many tons of inventory sitting on my ground. And that is only Diesel Pushers! Imagine, the total including everything else in the motorhome range, and then throw in 5ers and bumper pulls..... Truely astounding. And that is one vendor.... Now multiply all the other vendors out there (admittedly not in as high volume business at the same level as MHS), and I am simply blown away.....

Its gonna take a couple of days to really wrap my head around this. I just might get motivated to enter that data into a database or spreadsheet and really try to understand those figures. Maybe I will exhaust myself while out mulching 100s of cubic yards of leaves instead (the leaves are sure coming down early this year.... drought plus cold levels not usually seen until January occurring in mid November) but if I get motivated (or it starts to rain) I may enter the data and try to extract some facts.

And some of those new and used units are listed at 40%+ off MSRP. Wow. -- .... Maybe the economy is not as strong as we are being told, (or maybe it is stronger and lots of people are making lots of moves... and national debt is off the charts.... )

Gary
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Old 11-24-2019, 09:36 AM   #2
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You should see the cars on all the lots in the RGV,

1 dealer alone has most brands and multiple lots of each.

Acres and acres. Millions and millions.
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Old 11-24-2019, 09:47 AM   #3
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Yeah - Where does all that inventory go if unsold???
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Old 11-24-2019, 09:57 AM   #4
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Interesting topic....but what do MHS and RVG stand for ? I would guess that the surplus of vehicles indicates 70% are defaulted loans and 30% will be bought by interested shoppers.
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Old 11-24-2019, 09:59 AM   #5
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JMO, but the large DP market is fueled by Baby Boomers. Many that started the run on RV's after the recession have aged out, healthy issues, and flat out got tired of having to make reservation a year in advance to go where they use to be able to go with a couple of weeks notice. All of these mentioned have been personal experiences with long time RV friends that have sold their MH's recently.
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Old 11-24-2019, 10:21 AM   #6
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Interesting topic....but what do MHS and RVG stand for ? I would guess that the surplus of vehicles indicates 70% are defaulted loans and 30% will be bought by interested shoppers.
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Old 11-24-2019, 10:27 AM   #7
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It would be interesting to see comparative year-on-year data about supply vs. demand and some sort of analysis of relative price point values. As in - is this a buyer's market where one gets more value for the same money. I'm sure someone in the industry must do this sort of analysis on a routine basis...
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Old 11-24-2019, 10:34 AM   #8
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It would be interesting to see comparative year-on-year data about supply vs. demand and some sort of analysis of relative price point values. As in - is this a buyer's market where one gets more value for the same money. I'm sure someone in the industry must do this sort of analysis on a routine basis...
The book values in NADA reflect this on a routine bases. As the market gets softer the NADA prices show that, but they are a month behind. Areas play a factor as well. Much easier to sell a MH this time of year in FL than it is in MI.
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Old 11-24-2019, 10:41 AM   #9
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You can bet every cent you have in savings, that National Indoor RV Centers collects every bit of this data. Brett (the CEO) can regale you with every bit of this data..... A long time ago, he and I discussed the data that they collect and it is amazing. NIRVC is a data-driven company and every move they make is justified by the data that they collect and know to be true....

There are some on here who have not been happy with NIRVC's offer on their coaches, OR the "interest" that NIRVC has in doing business with a specific person, and it is all explained by the numbers they collect. I'm sure that Brett could "lay it out" for all of us, but then, my guess is that there are good reasons that he won't.... People collect data for a reason.... it gives them an "edge". There ia only one set of "facts" when the process of collecting the facts is laid out well....

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Old 11-24-2019, 11:05 AM   #10
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JMO, but the large DP market is fueled by Baby Boomers. Many that started the run on RV's after the recession have aged out, healthy issues, and flat out got tired of having to make reservation a year in advance to go where they use to be able to go with a couple of weeks notice. All of these mentioned have been personal experiences with long time RV friends that have sold their MH's recently.
This!

And, the fact that so many coming into RVing now days are buying cheap. Small travel trailers and entry level motorhomes are what's selling better these days. Most buyers have no interest in high dollar, quality built rigs. Cheap bling (outside tvs, remote controlled and bluetooth junk, led lighting) is what sells and even the entry level RVs have these.

On the whole, I'm kinda thinking the RV craze is slowing but I certainly don't know for sure if this is the case. I hope so though!
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Old 11-24-2019, 06:15 PM   #11
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It would be interesting to know what MHS has in ratio of new to old. While we were looking for our coach, I regularly looked at the number of used and new to help gauge what/where and how the market was going.
I would consistently see EC on RV Trader at about 175-200 units, Newmar VT and DS around 225+ or so.
While at Spartan school, they mentioned a DP owner buys new every 2.5 yrs. Surprised a few in the class, including me. Certainly not scientific, only casual observation. Someone is buying them......
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Old 11-24-2019, 06:27 PM   #12
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JMO, but the large DP market is fueled by Baby Boomers. Many that started the run on RV's after the recession have aged out, healthy issues, and flat out got tired of having to make reservation a year in advance to go where they use to be able to go with a couple of weeks notice. All of these mentioned have been personal experiences with long time RV friends that have sold their MH's recently.
Truth. The entire scene has changed and not for the better. The whole attraction was being able to just get in your RV and wing it. Unless you're traveling off-season it is extremely difficult to find a site in a popular area. Even the shoulder seasons have gotten to the point where it's a challenge.
We had plans to buy a newer RV but are rethinking it.
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Old 11-24-2019, 07:07 PM   #13
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Sales are down again here is an article direct from the Association. So is the glass half full or half empty. I guess it depends on how you look at it. Either way, I'm enjoying the ride.



https://www.rvia.org/news-insights/r...nts-march-2019
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Old 11-24-2019, 07:23 PM   #14
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Yeah - Where does all that inventory go if unsold???
Me too. I'm fascinated by this question/answer. I would love to see the paths and data following unsold coaches. Do they get wholesaled? Even then, where do they end up? Do they ultimately get sold for significantly lower than their original price?

Interestingly (ironically?), this was the ad that was displayed to me on the top of this thread.
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