Another price increase?

[Flight_rt]

I was seeing on another forum this am of another price increase. The rumor is 13%. Can anyone verify this? If true that makes almost a 25% increase in a matter of a few months.

[NB Canada]

I was seeing on another forum this am of another price increase. The rumor is 13%. Can anyone verify this? If true that makes almost a 25% increase in a matter of a few months.

Love it

Hope they go up even more


2021 Imagine 2400 BH
2018 GMC Sierra 4x4 crew

[FreddieMac]

Crazy. I was just commenting to my wife that RVs as they are priced today are way overpriced. Seriously considering most new coaches will have some type of issue. People buying these because of COVID do not understand the work involved in rving, there is going to a glut of overpriced RVs on the used market in a couple of years. You can tell by the comments on many of the other forums, people think buying an RV is like buying a car. Getting those problems fixed were bad before covid, now it is virtually impossible. It good for dealerships and manufactures right now, but this bubble will burst.

[BobnColo]

^^^^^This is spot on.

[dryfly]

I agree with FreddieMac. I'm sure the majority of those buying trailers have no idea of what they are getting into.

The price increases probably include higher construction costs, but I can't help but think most of it involves supply and demand. Lots of folks wanting a small supply of RV's.

I bought a Valterra T58 valve yesterday. These were $20 this time last year. $50 today with frequent price increases, and difficult to find. There is no way materials went up 150% in a year!

[FreddieMac]

I agree with FreddieMac. I'm sure the majority of those buying trailers have no idea of what they are getting into.

The price increases probably include higher construction costs, but I can't help but think most of it involves supply and demand. Lots of folks wanting a small supply of RV's.

I bought a Valterra T58 valve yesterday. These were $20 this time last year. $50 today with frequent price increases, and difficult to find. There is no way materials went up 150% in a year!

I read that manufactures are not increasing the number of units in many cases. The value of the RV today seems to be all balled up in two factors: supply chain limitations because of covid and demand. I watch RV prices at dealerships off and on over the years just for fun. A few years ago we were thinking of a Thor Motorhome before going with the fiver. That MH was the Thor Windsport. In 2018 that unit was MSRP of $132,000 and were selling in the mid 90s (27% to 30% off). Today that motorhome is listing at $164000 and probably selling in the mid $150s (10% to 15% off). Typically these manufactures are not putting an additional $40k worth of stuff over the previous model's coach. The price increase is due to supply chain shortages and demand right now. Its crazy to think that if the dealership had not sold us our Reflection at 32% off MSRP in May 2020, holding on to that unit another month would have probably allowed them to sell my RV at close to MSRP which is nuts. I love my RV, but it is not worth anywhere close to the MSRP.

[nyfingerlakes]

I bought some lumber for a necessary project last week - it was twice the cost of what it was one year ago. Undoubtedly, this has had a big part in the price increases.

[Ynot4me2]

I bought some lumber for a necessary project last week - it was twice the cost of what it was one year ago. Undoubtedly, this has had a big part in the price increases.

Where I am, lumber is on the verge of quadrupling what it was a year ago. It's unbelievable. I'm finishing this current project but putting the rest on hold. Pretty soon, the transports carrying lumber will need a police escort. Same with a lot of the other building supplies.

[RV Sailor]

Crazy. I was just commenting to my wife that RVs as they are priced today are way overpriced. Seriously considering most new coaches will have some type of issue. People buying these because of COVID do not understand the work involved in rving, there is going to a glut of overpriced RVs on the used market in a couple of years. You can tell by the comments on many of the other forums, people think buying an RV is like buying a car. Getting those problems fixed were bad before covid, now it is virtually impossible. It good for dealerships and manufactures right now, but this bubble will burst.

This repeats itself in RV industry just as it’s been occurring for years in the boating industry.

I’m not sure the comment about how much work RV are is being valid. The same occurs with boats , cars, houses. You don’t have to be a DYI person and can pay others to do the work and just enjoy it. In fact many do this so I don’t think it bothers them as much as it bothers you.

[FreddieMac]

This repeats itself in RV industry just as it’s been occurring for years in the boating industry.

I’m not sure the comment about how much work RV are is being valid. The same occurs with boats , cars, houses. You don’t have to be a DYI person and can pay others to do the work and just enjoy it. In fact many do this so I don’t think it bothers them as much as it bothers you.

This is true, but the lead times right now for service are ridiculous. Before the pandemic getting service at my dealership for my RV was at least giving up my unit for 2 months. Now, I was quoted 6 months for a technician.