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RV wholesale shipments take huge nosedive
Sept. 26, 2008

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The RV market continues down a slippery slope of sales. Wholesale shipments plummeted a whopping 44 percent last month over a year ago. The Recreation Vehicle Industry Association (RVIA) reports that overall wholesale shipments in August totaled 16,900 units compared to 30,400 in August, 2007. Travel trailer sales were down nearly 23 percent. Class A motorhome shipments tanked a staggering 69 percent from 2,900 units a year ago to a measly 900 units last month.

As reported on RVbusiness.com, Kathryn Thompson, analyst with Avondale Partners LLC, noted: "August's 69 percent decrease in Class A shipments likely marks the death rattle for any motorhome manufacturers on the ropes. We anticipate additional manufacturer and dealer failures, as we enter the seasonally slow fall period."

What does this mean for RV buyers? Two things:
The Good News
(1) RV dealers are hurting because nobody is buying: you can probably get a deal better than any time in recent years.

The Bad News
(2) Watch out that the RV you buy is from a healthy manufacturer. If it's gasping for breath, proceed with caution. If it goes belly up, so will the warranty on your new RV. That is a very bad thing.

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