Quote:
Originally Posted by speedster911
I drive by RV dealer lots full of RV's of all sizes, trailers , new , used . Some sections of freeway have multiple dealerships in a row and it looks like the inventory sit there for months , perhaps years. It has to be millions of dollars of inventory that appear to me to not move.
Not looking to buy one - just curious if anyone knows the business. Is the margin that high on RV's that they can afford to have them sit? Whats the average time a unit sits in a lot? Do most people buy them or lease them.
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Quote:
Originally Posted by URY914
There are so many used ones out there, some is very good condition I don't know why anyone would buy a new one.
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Both very good questions I have asked myself many times. Even in a place like South Fork CO. there is a dealer with big inventory on the lot. It must pencil out just not sure how...
Further there are two storage places within a half mile of my house storing hundreds of RV's that I bet don't get used twice a year. Being in the rental business for 25 plus years, if you are not going to use it 70% or more in utilization you are better off renting it.
1st world, pure USA unique situation I assume..