R COVID pricing premiums receding?

[2in2out]

One place I've been seeing some movement towards price stabilization is the large motorhome market. There hasn't been any increases in inventory, but prices aren't too far off NADA, which is strange given that inventory is low. 5th wheels are flooding both the new and used markets, but that is a continuum pre-covid.

[sandm]

there's an rv dealer that must be somewhere close as we pick it up on a local station that has been advertising leftover 2019 rv's/5th wheels.
this tells me the rv industry was not hit as hard as the boat/offroad industry as I hear from guys at work into it that 20-25% is still the norm for discounts and some are seeing upwards of 35%.
I drive by a cruiseamerica dealership every day to work and they don't appear to be doing a booming business as the lot is always full of rentals. couple fridays they had some noticable holes in the lot but sunday/monday the units parked on the road being returned were not any worse than years past. sure their volume is up but I would bet it's not like the boating industry.

boats/jetskis and side by sides seemed to be the items that were the hardest to find which makes sense when you think of families looking for day trip activities. camping is a much larger commitment and at least here, that doesn't seem to be what people were flocking to.

[larry_arizona]

I read boat loans were up 355% and RV’s 158%


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[2in2out]

Trailers are produced domestically and don’t suffer heavily during trade issues, except on minor components. Motorhomes get hit some because of foreign manufactured drivetrain and electrical components, but like boats, new ones are ordered by people who have money and some economic stability, where-as the used market is people looking to not buy depreciation, or have limited means. The SXS market I’m sure was hit by trade issues related to policy and pandemic, creating supply side deficiencies and driving costs up.

The amount of people living in RV’s currently is pretty staggering. We have on street that is lined with cars and old RV’s that people are living out of. I’m noticing more and more people living in rvs on family members land. But these are RV’s that are 10 yrs or older, many over 20 yrs, not nice <10 yr models. CL ads don’t last long in the <15k market. But above that, turnover is pretty minimal.

[j.mo]

I had my Momentum 5th wheel posted for sale, hoping to get into a smaller one. Not one single phone call in about 3 months. It is 43ft triple axle. So I can attest to the larger units not moving.
26ft half ton towable travel trailers have been flying, figured I’d try my hand.

My rzr id had for 3 years and only used a hand full of times. Figured I’d take advantage and move it while it’s hot. Full price, sold for cash within 4 hours.
I’d had it posted the year previous for a few months and got tired of people offering me half price.

I also noticed the lack of inventory at dealers and private party of Harley’s. Was looking for a new Harley last July, in which I ended up with a gently used unit for a great deal. A friend of mine wanted to buy it, so I figured I’d upgrade. Well now I know why he wants to buy it. Last summer they still had droves of bikes, even 2017 leftovers at some dealers. Craigslist you could have pick of the litter. Bikes were everywhere. Not so the case now it seems. Prices have also seemed to go up, whether it be demand or covid-flation, well I guess that’s what this thread is here to discuss.


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[rdlangston13]

how is it in your neck. in wisconsin we never had an issue at the small ramp we launched at. here the line starts growing at 8am in the summer. by 9 expect a decent wait. boise we were good as long as it was before 9 as well.
we usually pull out around 2 as it's 115 on a hot day by then and we are usually waiting 30 minutes to leave from those still dropping.

That is crazy! The only time I have ever had any real wait at the long is at Moomba jam or a GCWA event, and even then we are talking 5-10 minutes tops.

[sandm]

That is crazy! The only time I have ever had any real wait at the long is at Moomba jam or a GCWA event, and even then we are talking 5-10 minutes tops.

lake havasu last year had a couple guys post up vids of 2+hr waits to launch and the line on the road in stretching for over a mile.
a chunk of those boats tho are 30+ft skaters and having seen several 40-45ft skaters launch at mead, they are not a quick in and drop. it's 20 minutes for a couple to drop a boat that size into the water.

[Zog]

lake havasu last year had a couple guys post up vids of 2+hr waits to launch and the line on the road in stretching for over a mile.
a chunk of those boats tho are 30+ft skaters and having seen several 40-45ft skaters launch at mead, they are not a quick in and drop. it's 20 minutes for a couple to drop a boat that size into the water.

We had 30 a minute wait to launch at Bullfrog in Lake Powell last summer, which was surprisingly long since they have two reasonably sized launch ramps there and it wasn't the weekend. The bigger problem may be this summer. Lake level projections show that Antelope Point and Bullfrog Marina may be out of water this summer. That will put tremendous pressure on Wahweap and Halls Crossing. Halls is not capable of handling the traffic a combined load from Bullfrog and Halls would place on it.

We are still seeing tremendous boat availability issues here. Reasonably priced houseboat shares have been sold before they hit the market, which is nice for someone who was unloading a boat, like I was, but made it difficult to find the boat we wanted to get onto. All the new boats have also made it difficult to get service done. I would hope that there would be a bump in service capacity at some point, but it doesn't seem to be a very easy market for people to get into.