Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > iRV2.com General Discussion
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 05-02-2008, 06:21 PM   #15
Senior Member
 
historyljc's Avatar
 
Tiffin Owners Club
Freightliner Owners Club
Join Date: Feb 2008
Location: Pensacola, Florida
Posts: 5,173
I doubt airline tickets, nasty motel/hotel rooms and rental cars are getting any cheaper. All cost of travel, not just motorhomes, is going up. I still have the same reasons for traveling in my motorhome as I did when I bought it. I'll guarantee that the in-transit meals are lot better than what Delta is serving and the bathroom is cleaner with no waiting in the aisle.
__________________

__________________
Travel well, travel safe,
Jim
2006 Tiffin Phaeton - 2011 Cadillac SRX
historyljc is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 05-03-2008, 03:52 PM   #16
Senior Member
 
Damon Owners Club
Join Date: Jun 2006
Location: Middletown,OH
Posts: 183
I know we plan 'shorter' trips !! I see where at least four mfr's now out of business. This in an industry of 'toys'!!. We are going to see more of a downturn before it gets better. Gas prices is only a part of the problem.JMHO
__________________

__________________
Dave

Callsign: KD8W
hamdave is offline   Reply With Quote
Old 05-03-2008, 05:06 PM   #17
Senior Member
 
Join Date: Sep 2006
Posts: 385
KInd of nasty responses. Where is the love I expect at irv2.com
__________________
Richard
RoadRohrers is offline   Reply With Quote
Old 05-03-2008, 07:04 PM   #18
jfb
Senior Member
 
Join Date: Jul 2006
Posts: 234
Nobody addressed The Captain's question regarding "foreclosures on RV/MH's". What would be the finance company's approach to a loan default? Can the finance company sue the defaulter; the unit probably doesn't have a value equal to the outstanding loan balance....
__________________
jfb is offline   Reply With Quote
Old 05-03-2008, 10:28 PM   #19
Senior Member
 
RedneckExpress's Avatar
 
Vintage RV Owners Club
Join Date: Jul 2006
Location: Sauvie Island, OR
Posts: 2,353
Send a message via ICQ to RedneckExpress Send a message via AIM to RedneckExpress Send a message via MSN to RedneckExpress Send a message via Yahoo to RedneckExpress
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by RoadRohrers:
KInd of nasty responses. Where is the love I expect at irv2.com </div></BLOCKQUOTE>

Its a touchy subject, alot of folks here own the big motorhomes and the companies that made them are getting the big pinch.
__________________
'92 Dodge W250 "Dually" Power Wagon
'74
KIT 1106 Kamper Slide-in Truck Camper
'06 Heartland Bighorn 3400RL Fifth wheel
Follow along with me in the The Journey of
RedneckExpress is offline   Reply With Quote
Old 05-04-2008, 02:31 AM   #20
Senior Member
 
The Captain's Avatar
 
Join Date: May 2007
Location: Plant City, Florida
Posts: 135
My question was not about rising fuel prices or if you could financially afford your coach. What I was trying to find out is that there are all types of RV's that have been turned in for one reason or another. Where are these units being sold like you see big auctions on homes.
Derek
__________________
Derek

2006 Permobil Wheelchair
The Captain is offline   Reply With Quote
Old 05-04-2008, 03:22 AM   #21
Member
 
Join Date: Aug 2006
Location: Kentucky
Posts: 95
I did not purchase my moho for fuel economy, low payments, or trade in value. Bought it because we love to RV. Have gas prices slowed us down, yes. Will they shut us down, no.
__________________
2004 Winnebago Adventurer 37B W22 Bilsteins
bowats is offline   Reply With Quote
Old 05-04-2008, 04:55 AM   #22
Moderator Emeritus
 
RustyJC's Avatar


 
Texas Boomers Club
Join Date: Jul 2000
Location: Cypress, Texas USA
Posts: 8,854
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by The Captain:
My question was not about rising fuel prices or if you could financially afford your coach. What I was trying to find out is that there are all types of RV's that have been turned in for one reason or another. Where are these units being sold like you see big auctions on homes.
Derek </div></BLOCKQUOTE>
Derek,

I'm past the stage in my life where I finance stuff, so I honestly don't know if the following is the case. I would speculate, however, that one of the main differences resulting in the lower rate of RV foreclosures is that RVs by and large weren't peddled to people that should never have bought them using ARMs (adjustable rate mortgages) with up-front teaser rates like a lot of houses were.

Rusty
__________________
2016 Ram Longhorn 3500 Dually 4x4 CCLB, 385/900 Cummins, Aisin AS69RC, 4.10
2014.5 DRV Mobile Suites 38RSSA #6972
Come join us on a TEXAS BOOMERS rally!
RustyJC is offline   Reply With Quote
Old 05-04-2008, 07:49 AM   #23
Senior Member
 
Tom N's Avatar
 
Winnebago Owners Club
Pond Piggies Club
Appalachian Campers
Mid Atlantic Campers
Join Date: Dec 2002
Location: Sarver, PA/Crystal River, FL/Shelocta, PA
Posts: 4,604
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by The Captain:
What I was trying to find out is that there are all types of RV's that have been turned in for one reason or another. Where are these units being sold like you see big auctions on homes.
Derek </div></BLOCKQUOTE>

http://crankyape.com/default.asp

-Tom
__________________
Sarver, PA/Crystal River, FL/Shelocta, PA FMCA 335149 W3TLN
2005 Suncruiser 38R W24, no chassis mods needed 2013 Honda Accord EX-L 2008 Honda Odyssey EX-L

Tom N is offline   Reply With Quote
Old 05-04-2008, 06:44 PM   #24
jfb
Senior Member
 
Join Date: Jul 2006
Posts: 234
Hey, Captain, guess no one out there can really address your basic question. I don't know the answer!
__________________
jfb is offline   Reply With Quote
Old 05-05-2008, 04:13 AM   #25
paz
Senior Member
 
paz's Avatar
 
Join Date: May 2005
Location: Full-timers - Home is where we park it.
Posts: 4,716
I have always heard that RVers are a pretty conscientious lot and that the foreclosure rate on RVs was generally low. However, with part of the current problems related to fuel prices which directly effect RVers, that may all be changing.

Regarding The Captain's question of where the foreclosed RVs are sold, I don't know for sure, but I suspect many of them would show up at local auto auctions. RVs are considered vehicles, not homes, and it would be logical to sell them where other vehicles are taken for quick sale. I used to work near a very large auto auction and on the occasions when I would drive by, there were usually several RVs in their lot. However, that was several years ago and those RVs were not necessarily foreclosed; but my point is that RVs are being sold at local auto auctions. Also, as Tom N points out with his link, RVs can also be sold at online auctions.

If you're looking to pick up a bargain, you will probably need credentials to show you work for an auto dealer to buy at local auto auctions. At least, that's the case with the one I'm familiar with. If you can make a contact with a dealer, maybe you can get them to bid for you for a small fee.
__________________
2015 DRV Tradition 375KPS
2015 Chevy Duramax 3500HD LTZ Dually
Full-timers...Home is where we park it.
Check out our blog: Living Our Dream
paz is offline   Reply With Quote
Old 05-05-2008, 10:23 AM   #26
Senior Member
 
Jestme13's Avatar
 
Mid Atlantic Campers
Join Date: Feb 2006
Location: McVeytown, PA
Posts: 2,254
Has anyone given any thought to the possibility that all this gloom and doom reporting is due to an election year? As stated above, RVing is an expensive hobby. An extra buck or so for fuel is not enough to force very many of us out. Me, I will continue to motor on and enjoy.

PS: if your bank should foreclose on your coach, you will be responsable for the balance of your loan after they sell or auction off your coach. This usualy comes with a lien against your home
__________________
Steve, Pat, Hakbar, & Root Motor

2007 National RV Pacifica 36'
Jestme13 is offline   Reply With Quote
Old 05-05-2008, 08:03 PM   #27
Senior Member
 
Stanbnv's Avatar
 
Join Date: Feb 2006
Posts: 130
Tom N mentioned Crankyape, but there have been bank repos on them, and their former name, which I think was MRC-auctions, for quite some time.
__________________
When you come to a fork in the road, take it!
Stanbnv is offline   Reply With Quote
Old 05-06-2008, 07:05 AM   #28
Senior Member
 
becks's Avatar
 
Join Date: Sep 2006
Location: Fulltime/ SE Minnesota
Posts: 2,544
Stan....is correct. I live right by one of their auction lots in Minn. Most are repos. I walk thru there lot once a month and I can tell you first hand they are all very beat up inside and out. In four years I have not seen even one that I would consider buying at any price. Not some place I would look when shopping.
__________________

__________________
06 TS-42-DS04
1040 watts of solar
2014 Jeep Rubicon/2003 Honda CRV
becks is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
DirecTV rate increase! Tom N Technology: Internet, TV, Satellite, Cell Phones, etc. 21 03-23-2009 03:15 PM
Teton Foreclosure Still Working "NOT" Excel Owner's Forum 47 09-23-2008 10:16 AM
Rate It! selection tool Darryl Forum 101 | Announcements | Member Concerns 2 10-14-2007 06:10 PM
Bank Rate destin100 5th Wheel Discussion 6 10-24-2005 04:55 PM
Teton Foreclosure Travel Trailer Discussion 47 12-31-1969 07:00 PM

» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 07:17 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.