Quote:
Originally Posted by mepstein
Boats and RV's will be cheap soon. As interest rates and inflation rises, boats are the first to go, especially if they have dock and storage fees. High gas prices, storage fees and a couple repairs to the RV will sour a lot of people on them soon. Look at 2008. People were walking away from boats, airplanes and vacation homes. I don't believe it will be anywhere close to 2008 but the extras that pull money away are the first to get dumped. When they have to compete against all the new boats and rv's that go on sale with special financing, resale will take a big hit.
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I think you're right. I was thinking we'd already be seeing some of this. I'm waiting a bit since I haven't seen the deals I thought I would..at least not yet
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