Quote:
Originally Posted by Chance
The article below left me wondering if Thor may not also be casting a wider net because higher RV prices may exclude too many buyers; whether first-time or repeat.
Data doesn’t separate trailers from motorhomes (a lot more trailers than MH are sold), which makes average price of $75,000 even more meaningful as applied to motorhomes. The 87% income number not only suggests few can afford RVs, but even less of the population can consider buying a new motorhome.
High costs may be partly driving the downsizing trend, although in some cases small RVs cost more than larger ones.
https://rvbusiness.com/todays-rv-buy...us-households/
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That article left a lot to be desired. First, averages are largely a useless statistic, especially in such a diverse product as RV. Their comment of 10-300K is silly in that many Class A have a price tag well over the $300K, WELL OVER. Add a seventh figure in front of the $300K. The article reminds me of some publication that was looking to fill some space and went with a bored write's rejection file.
Who knows what motivates Thor, or any other RV manufacturer's, business practice, except to increase their bottom line. As also commented bu posters here, me included, crash is coming. Your and my RV "investment" will be worth a lot less but only if you are trying to sell.