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Old 06-29-2020, 09:00 AM   #1
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CW Draper - Something is going on there

Yesterday we took a drive and went past the Camping World in Draper (UT).

We had to turn around and drive around it again as we noticed that 75% of the RV inventory was GONE! after driving around again, it looks like the only inventory they have left is the 28' and under bumper pull trailers and Used RV inventory. There were a couple of Class-c units and one new Seneca TS in the back, that was the only exception we noticed of the Class-C category.

It almost looked as if they were getting ready to close up shop.
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Old 06-29-2020, 10:27 AM   #2
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Selling a lot right now lick a lot of dealers plus manufacturers were shut down.
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Old 06-29-2020, 11:03 AM   #3
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See Grins in Gilroy is a pretty large dealer that took over the old Wal mart building.
The outside lot might have less than 1/4 of the inventory and not sure what's inside.

Down the road from there is where I bought ours and the lot is full.
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Old 06-29-2020, 11:18 AM   #4
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Selling a lot right now lick a lot of dealers plus manufacturers were shut down.
Yep..

3 months of pent up demand, during the normally busy Spring season, all at once, and limited shipments from manufacturers. April shipments to dealers was down -82% and May was down -30%.
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RV shipments May 2020.jpg   RV2 shipments May 2020.jpg  
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Old 06-29-2020, 11:35 AM   #5
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There is a HUGE difference with the CW lot appearance, disheveled, equipment laying around.

The General RV down the street is not looking anything like the CW... they have about 80% of the lot filled with Inventory and have the showcase spots up front filled with equipment for sale that is visible from the street.

CW has nothing in the showcase spots along the street (with lights on them at night) and there are only 5-10 units next to the sales office doors - that used to have 40-50 units on display. All of the remaining inventory is a 200-yard walk away from the sales office.
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Old 06-29-2020, 12:38 PM   #6
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See Grins in Gilroy is a pretty large dealer that took over the old Wal mart building.
The outside lot might have less than 1/4 of the inventory and not sure what's inside.

Down the road from there is where I bought ours and the lot is full.
I went past the Airstream dealer next to CW at San Martin (not a selling CW) on Saturday and their inventory was looking a little sparse.

Pan Pacific (the local Jayco dealer) and Happy Daze looked full.
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Old 06-29-2020, 01:16 PM   #7
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2 Dealers in the Albany and Kingston NY area (1 is a CW) both had very diminished inventory on the lot.
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Old 06-29-2020, 01:51 PM   #8
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I went past the Airstream dealer next to CW at San Martin (not a selling CW) on Saturday and their inventory was looking a little sparse.

Pan Pacific (the local Jayco dealer) and Happy Daze looked full.
Ya the airstream lot use to be full!
Some people must have a lot money to buy those or they moved them.
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Old 06-29-2020, 03:58 PM   #9
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Originally Posted by SloPoke View Post
There is a HUGE difference with the CW lot appearance, disheveled, equipment laying around.

The General RV down the street is not looking anything like the CW... they have about 80% of the lot filled with Inventory and have the showcase spots up front filled with equipment for sale that is visible from the street.

CW has nothing in the showcase spots along the street (with lights on them at night) and there are only 5-10 units next to the sales office doors - that used to have 40-50 units on display. All of the remaining inventory is a 200-yard walk away from the sales office.
I was thinking more about that... and what the shut-downs did to inventory... I would think that Marcus Lemonis would have some pull and leverage with the manufacturers, and would be one of the first dealers to get new inventory, due to CW's size.... maybe not...

But, maybe there is a problem with leverage.... maybe CW is over leveraged and behind on payments to the manufacturers, so they can't get product? Did the shutdown kill their cash flow?

Remember, Lemonis and CWH was involved in a BIG lawsuit a year or so ago, which cost them multi-millions this year.... and CWH had a net loss of -66 million at the end of 2019...
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Old 06-29-2020, 04:14 PM   #10
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Originally Posted by SloPoke View Post
snip...

The General RV down the street is not looking anything like the CW... they have about 80% of the lot filled with Inventory and have the showcase spots up front filled with equipment for sale that is visible from the street.
.
snip...

Sounds like people got smart and realized what a bunch of piranhas they are at General RV and quit shopping there. Lol!
There's quite a few General RV dealerships here in Michigan and I haven't heard of anyone that bought from them say they were happy after the fact.
They are more crooked than a dogs hind leg.
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