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Old 09-16-2021, 02:55 PM   #1
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Model: 2015 Vegas 24.1
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MSRP of Thor Axis/Vegas (Hershey RV Show)

My wife and I went to the Hershey RV show yesterday -- 92 degrees on the ramp -- brutal!

I'm not in the market for a new RV -- we really like our 2015 Thor Vegas 24.1 and it has been reasonably reliable for us. I've not paid attention to prices as a result of the pandemic, but I have read on several forums about price increases on new and used RVs.

I stopped at the General RV Thor display at Hershey and was shocked. The sign they had on a new Vegas 24.1 showed an MSRP of $139,000 and a show discount selling price of $101,000. Back in 2015 when we bought ours new from General RV in Tampa its MSRP was $94,000 and the selling price was $69,000.

That new price is about 46% higher in MSRP and selling price from ours in 2015. I know there is a 7 model year difference in time, but 46% seems pretty high to me.

Since it was so hot we did not look at many RVs but what Class A and C that I did see -- nothing was under $100,000 selling price.

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Old 09-16-2021, 03:33 PM   #2
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We were told that a factory price increase was coming when we reserved our Axis. This was a few weeks ago. Thought maybe it was salesmanship.....but in this day, everything is in short supply and prices are increasing.

Manual posthole diggers are still pretty abundant and price has been steady.
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Old 09-16-2021, 03:35 PM   #3
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$101,000 is a lot. I paid $80,000 for a new Axis 24.1 that I took delivery of in January of this year. I had ordered it in October, 2020 and thought I had gotten a good deal then. I didn't know how good!

David
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Old 09-16-2021, 03:57 PM   #4
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Our 2020 Chateau MSRP was around $106M. For 2022 model year it has jumped to $126,480, an average of 10% increase per year.

But since wages are also quickly rising... averaging 10% pay increase or more per year, what's the problem?
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Old 09-16-2021, 04:59 PM   #5
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The Fed says that these price increases are (wait for itÖ.)
Transitory
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Old 09-16-2021, 05:11 PM   #6
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Now isn't really the time to buy an rv I am afraid. Everything is way over priced as the dealers and manufacturers see the demand and try and take advantage of it. Prices are slowly coming back down but I would give it another 6 months or so.
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Old 09-16-2021, 05:36 PM   #7
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Originally Posted by Campnjoe View Post
Now isn't really the time to buy an rv I am afraid. Everything is way over priced as the dealers and manufacturers see the demand and try and take advantage of it. Prices are slowly coming back down but I would give it another 6 months or so.
I agree. We'll see how many desperate suckers there are after this show, but who's sales figure can you really believe? My guess is there MAY be a lot of "tire kickers" at these shows just window shopping. I can't believe that any "established" RV owner looking to trade is going to be falling over themselves to buy what they KNOW is an overpriced unit. But for a newbie who has not done their homework?
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Old 09-16-2021, 06:42 PM   #8
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Quote:
Originally Posted by bevedfelker View Post
My wife and I went to the Hershey RV show yesterday -- 92 degrees on the ramp -- brutal!
I stopped at the General RV Thor display at Hershey and was shocked. The sign they had on a new Vegas 24.1 showed an MSRP of $139,000 and a show discount selling price of $101,000. Back in 2015 when we bought ours new from General RV in Tampa its MSRP was $94,000 and the selling price was $69,000..
Bought my Hurricane in Jan 2016 from MHSRV for $86,500 listed for $123,000. List price for a new 31C is $186,000, selling price is $134,000 and $8,000 additional if you want the solar charging system.
Ford V-8 chassis is $4,200 more than the V-10, MorRyde is charging $1,500 more for chassis modification and the new electronic package is $2,000 and so on.
We had a tour of the Cruising Kitchens last week. Hard to believe that anyone can make money selling food from a $200,000 food truck, but that is the average selling price. Cheapest ones sell for around $95,000. Prices are up about 14% in the last year. Skilled labor is the biggest increase. Floor workers start at $30 per hour and increase at $7.50 additional for each year on the floor to a max of $62 per hour. Most of the workers come from the Boeing Aircraft refurbishment facility at Kelly Field and a few are poached from Toyota Truck plant.
There biggest business these days is building ghost kitchens to supply Door Dash and Uber Eats. <https://www.cruisingkitchens.com/>
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Old 09-16-2021, 06:55 PM   #9
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When I saw the $139,000 base price sign I thought I had gotten in the Tiffin area by mistake.
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Old 09-16-2021, 09:57 PM   #10
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Quote:
Originally Posted by bevedfelker View Post
My wife and I went to the Hershey RV show yesterday -- 92 degrees on the ramp -- brutal!

I'm not in the market for a new RV -- we really like our 2015 Thor Vegas 24.1 and it has been reasonably reliable for us. I've not paid attention to prices as a result of the pandemic, but I have read on several forums about price increases on new and used RVs.

I stopped at the General RV Thor display at Hershey and was shocked. The sign they had on a new Vegas 24.1 showed an MSRP of $139,000 and a show discount selling price of $101,000. Back in 2015 when we bought ours new from General RV in Tampa its MSRP was $94,000 and the selling price was $69,000.

That new price is about 46% higher in MSRP and selling price from ours in 2015. I know there is a 7 model year difference in time, but 46% seems pretty high to me.

Since it was so hot we did not look at many RVs but what Class A and C that I did see -- nothing was under $100,000 selling price.
Thanks for the information.
We are all lucky to have one now!
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Old 09-16-2021, 10:08 PM   #11
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Arizona charges registration fees based on msrp, not sales price.
Except
Private party used sales have NO sales tax.
But
Registration is still based on msrp.
So
Those silly-ask stupid high 'hey! Look at me!' Msrp prices, costs us big bucks.
I paid 64k for my 5,000 mile used 2018, in 2018, but paid msrp reg fees based on $100,000ish.
But
Saved $10k(ish) in tax.
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Old 09-17-2021, 12:40 AM   #12
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THOR #1469
At the FMCA Convention in July every motorhome on display sold before the end of the show. It ranged from low to mid range gas unit up to and including 4 Entegra Cornerstones priced over 550 and 600 K.
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Old 09-17-2021, 01:11 AM   #13
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My god!! So the buying wave will not go away!
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Old 09-17-2021, 01:18 AM   #14
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There's a term used by a certain side of the mortgage business:
Jingle mail.
During the 2008 housing collapse there wasn't a single negative ramification to just mailing the keys back to the lender, stripping the house if anything of value, and walking away.
Use the mortgage payments you didn't make on your obligation as a down payment on another house. Keep the boat you bought with the second mortgage you didn't ever make a payment toward.

Rv's were the same.
Rv's will be the same again.
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Old 09-17-2021, 02:20 AM   #15
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Quote:
Originally Posted by bevedfelker View Post

.....cut....

I stopped at the General RV Thor display at Hershey and was shocked. The sign they had on a new Vegas 24.1 showed an MSRP of $139,000 and a show discount selling price of $101,000. Back in 2015 when we bought ours new from General RV in Tampa its MSRP was $94,000 and the selling price was $69,000.

That new price is about 46% higher in MSRP and selling price from ours in 2015. I know there is a 7 model year difference in time, but 46% seems pretty high to me.

....cut.....

Based on MSRP, I estimate about 5.7% increase annually over the 7 years. Thatís certainly higher than inflation rate over same period, but the motorhomes have added some content, so maybe higher price is not too absurd.

Thor could manufacture a lower-cost Axis/Vegas if they wanted, but seem interested in keeping prices higher.
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Old 09-17-2021, 03:21 AM   #16
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Purchased my Magnitude SV34 in September 2019. MSRP at the time was $219K. Today the MSRP is $253K.

Anyone buying today is crazy..... unless they have money to burn or have no choice and have to replace their RV.
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Old 09-17-2021, 08:35 AM   #17
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The stripped Ford E-series chassis is $30k-32K alone.
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Old 09-17-2021, 10:28 AM   #18
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Originally Posted by Judge View Post
Purchased my Magnitude SV34 in September 2019. MSRP at the time was $219K. Today the MSRP is $253K.

Anyone buying today is crazy..... unless they have money to burn or have no choice and have to replace their RV.
As a more recent pricing, my Omni XG32 was MSRP at $228K built in early this year. Now the MSRP, according to MHSRV is $250K. I got mine just before Memorial Day for $171 OTD, TTL fees all included. Mine had been on the lot for 3+ months and they also had one recently brought in for considerably more MSRP and way more what their asking was. Yes if conditions had been like they were about 2 years ago, I probably could have bought it for $10K less but since I sold my used 5th wheel toy hauler and used Ram 3500 for more than I paid for them, it all worked out in the end for me.

When I look deeply, maybe not so deep at mine, at the build quality and total lack of QA and QC from the factory my eye starts wandering around the sales lots, online ones, to get something better. BUT for what better would cost, I could rebuild this Omni to my specifications and be $$$$ better off. While the warranty is in effect I'll make them fix it, when it's not I'll fix it better.

In today's market for motorized RV you need to find something that's been on a dealer's lot a while. They get tired of paying their financing costs after a while and are less motivated for it to sit there. Patience, my friends, patience.
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Old 09-17-2021, 01:59 PM   #19
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THOR #1469
Everyone thinks prices are going to go down. Hold on to your hats because they will not. When has a business ever lowered prices when they were increased for an extended period of time.

Point in case fuel surcharges were allowed when gas was over 4.00 per gallon. Have they gone away since prices decreased, no and nobody questions them.

Donít hold your breath until prices come down because they arenít going to.
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Old 09-17-2021, 03:03 PM   #20
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Quote:
Originally Posted by ducksface View Post
Arizona charges registration fees based on msrp, not sales price.
Except
Private party used sales have NO sales tax.
But
Registration is still based on msrp.
So
Those silly-ask stupid high 'hey! Look at me!' Msrp prices, costs us big bucks.
I paid 64k for my 5,000 mile used 2018, in 2018, but paid msrp reg fees based on $100,000ish.
But
Saved $10k(ish) in tax.
That's crazy. You mean if you have a 20 year old rv they will base fees off of msrp when new?
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