In Thor 3Q21 earnings report, Thor Industries alone had a $14 Billion backlog of orders. A 32% increase since 1Q21 and 550% over 2020. Every RV that leaves Thor is completely paid for. Almost all are going right to new owners, not the dealer lot.
Place an order now and you won't see it till next summer 2022 at best.
We know Thor isn't the only manufacture of RV's.
New RV prices will not drop, not this year or next year. I predict they will never drop, they may level off and become the new normal.
Uses RV market prices will always be as high as sales will bare. Advertise at $110k, sell to the first $99k offer.
No one wants to take a loss but some see a small loss as an easy out of a large loan, so be it.
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- 2022 Vegas 24.1
- Former US Marine - 1988-1996
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