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07-25-2022, 09:49 PM
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#1
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Senior Member
Join Date: Jul 2018
Location: State College
Posts: 101
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RV Industry Downturn
Surprised no one has posted this:
Keystone RV announced this week that it is closing two factories, 41 and 705, in Goshen, eliminating 334 jobs from production to plant management, from quality control to receiving.
“The high fuel prices, and the dealers don’t want to buy, buy the units that that we’re producing. So, I guess a lot of them is just sitting. And so, with the fuel prices the way that they are, we no longer have orders.”
The inventory at dealerships I follow have become insane. Can't imagine too many moving with the inflated prices along with high interest rates. This is the prediction most of us believed would eventually occur... I'm sure this isn't isolated and is occurring across the board.
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07-26-2022, 03:58 AM
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#2
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Senior Member
Join Date: May 2021
Location: Vanceboro
Posts: 2,263
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And then I listen to an episode of the "wingman" yesterday on the radio, where he says Keystone was shutting down/ no warranty servicing etc. Makes you wonder how he came up with that.
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2021 Ram Laramie 3500 SRW Air ride 50Gal fuel tank.
2021 Jayco Pinnacle 36FBTS, Andersen Ultimate Hitch
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07-26-2022, 05:35 AM
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#3
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Senior Member
Join Date: Jul 2022
Location: Elgin
Posts: 933
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The still outrageous fuel prices have a big impact for sure.
I think it's going to be a lot more than just RV manufactures. The home market where I'm at in central Texas has been red hot for many years and now is on it's way down. Custom home builders are usually the first to go and they are dropping like flies around here. When interest rates go up 2 points that knocks out a huge chunk of potential qualified buyers.
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07-26-2022, 06:16 AM
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#4
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Senior Member
Join Date: Apr 2015
Location: Western New York
Posts: 607
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I am friends with a local RV co-owner. For the last two years (Covid), they could not keep up with demand. Now they can’t move anything. I was at his dealership a couple of weeks ago for a cup of coffee and we got into a conversation with the Flagstaff/Forest River Rep who was visiting. The Rep told us that Flagstaff was discontinuing their popular A-Frame Pop-Up campers plus shutting down all production facilities until September.
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2015 Jayco Jayflight 27RLS
2012 Ford F-150
2001 Fleetwood Terry 28x
1996 Viking Pop-up
1979 Coleman 8 man cabin tent
1967 G.I Joe (hasbro) canvas pup tent
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07-26-2022, 06:31 AM
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#5
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Senior Member
Join Date: Jul 2018
Location: State College
Posts: 101
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I go back to the outrageous prices...
The new Eagle TT I bought in 2017 for $30k after discounts is nearly $60k ($78k list) after discounts.
Add to that a new tow vehicle was $67k and now at $85k.
Who is affording that?
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07-26-2022, 08:42 AM
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#6
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Senior Member
Join Date: Feb 2020
Location: On The Move
Posts: 1,318
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Yep, about the same in all industries now and gonna get worse...
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S&T
2019 Entegra Insignia 37MB
2022 JEEP Wrangler 4xe (chase and touring vehicle)
(2019 NP 383FKWS)
(2019 RAM 3500 DRW Big Horn)
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07-26-2022, 08:43 AM
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#7
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Member
Join Date: Jul 2022
Location: Vancouver
Posts: 57
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Pretty much all the manufacturers ramped up production during the pandemic and now that that is largely subsided I'm not surprised at all that there's a ton of inventory and manufacturers now have to cut back. And high gas prices Saw this coming a mile away.
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07-26-2022, 08:59 AM
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#8
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Senior Member
Join Date: Nov 2011
Location: Where ever the boss says we're going.
Posts: 17,407
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Quote:
Originally Posted by klinner28
Surprised no one has posted this:
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It was partially earlier.
https://www.jaycoowners.com/forums/f...own-96891.html
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DISNEY LOVERS
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07-26-2022, 11:23 AM
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#9
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Senior Member
Join Date: Apr 2019
Location: Coral Springs
Posts: 180
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Hopefully, the cost of a campsite (and hotel rooms) will come down. I think they will.
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07-26-2022, 11:32 AM
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#10
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Member
Join Date: Feb 2021
Location: East Coast
Posts: 85
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Yeah, two national dealerships across the highway from each other are fully stocked. Maybe overstocked since there are trailers and motor homes parked all the way to the edge of their land. There's no room left.
It seems prices remain high but with interest rates rising, high gas prices (and maybe a pending recession?), I wonder if some buyers are canceling their orders.
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2021 Grayhawk 30z
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07-26-2022, 11:38 AM
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#11
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Senior Member
Join Date: Mar 2019
Location: Brunswick Hills
Posts: 958
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Quote:
Originally Posted by DonC757
Hopefully, the cost of a campsite (and hotel rooms) will come down. I think they will.
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Supply and demand. We have a seasonal site we grabbed a couple of years back right next door to a state park that has about 50% of their sites full hook up. Not only have site prices gone up each of the past three years, getting a reservation is harder than hitting Keno. It's crazy nuts there with how packed it is. Sites, in addition to an RV have two trucks, a boat, an army of kids... All rules of etiquette seem to have evaporated there as well. I think you may find that until people who bought in during the virus decide to peel off and go back to whatever they were doing before they bought into camping.....it's not going to change one bit.
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Experience is what you get when you don't get what you want.
"We'll be friends until we're old and senile,....then we'll be new friends."
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07-26-2022, 12:11 PM
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#12
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Lost in the Woods
Join Date: Apr 2022
Location: Plano
Posts: 542
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Quote:
Originally Posted by muckinfuss
Supply and demand. We have a seasonal site we grabbed a couple of years back right next door to a state park that has about 50% of their sites full hook up. Not only have site prices gone up each of the past three years, getting a reservation is harder than hitting Keno. It's crazy nuts there with how packed it is. Sites, in addition to an RV have two trucks, a boat, an army of kids... All rules of etiquette seem to have evaporated there as well. I think you may find that until people who bought in during the virus decide to peel off and go back to whatever they were doing before they bought into camping.....it's not going to change one bit.
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Noticed this trending at a LA. State Park a few weeks back. LA. State Parks offer seniors a 50% reduction in campsite fees, this includes water, sewer and elect. w/ discount $15.00 a day. The homeless have zeroed in on this and are setting up semi permanent residencies by tag teaming site reservations. Person 1 reserves for two wks., Person 2 for the subsequent two weeks, then back to person 1. Some of these unfortunate people were entire families living in tents in 100° temps. and some were sleeping in cars. Some of those I talked with had been on the same spot for better than 6 weeks.
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07-26-2022, 01:38 PM
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#13
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Senior Member
Join Date: Jun 2018
Location: VULCAN
Posts: 708
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Quote:
Originally Posted by Onyrlef
Noticed this trending at a LA. State Park a few weeks back. LA. State Parks offer seniors a 50% reduction in campsite fees, this includes water, sewer and elect. w/ discount $15.00 a day. The homeless have zeroed in on this and are setting up semi permanent residencies by tag teaming site reservations. Person 1 reserves for two wks., Person 2 for the subsequent two weeks, then back to person 1. Some of these unfortunate people were entire families living in tents in 100° temps. and some were sleeping in cars. Some of those I talked with had been on the same spot for better than 6 weeks.
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I wish I had an answer or suggestions for these problems, but I'm at a loss without going political.
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2019 Ram 2500 Cummins
2022 Jayco 28.5 RSTS
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07-26-2022, 02:07 PM
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#14
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Lost in the Woods
Join Date: Apr 2022
Location: Plano
Posts: 542
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Quote:
Originally Posted by Yooper906
I wish I had an answer or suggestions for these problems, but I'm at a loss without going political.
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X2
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07-26-2022, 08:12 PM
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#15
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Senior Member
Join Date: Aug 2018
Location: ridgecrest
Posts: 1,226
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Since i started Dry Camping last summer, every RV Park i once had troubles getting RSVP's that i pass-bye are bone dry empty . Some of them have even sent me emails offering huge discounts for booking reservations. One of the parks in Bishop that was impossible to get into was half empty two weekends ago. This current economy is defiantly impacting RV travels. I'm crossing my fingers we'll be out of this mess soon,.
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07-26-2022, 08:18 PM
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#16
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Member
Join Date: Oct 2018
Location: Northwest Mississippi
Posts: 67
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Quote:
Originally Posted by klinner28
I go back to the outrageous prices...
The new Eagle TT I bought in 2017 for $30k after discounts is nearly $60k ($78k list) after discounts.
Add to that a new tow vehicle was $67k and now at $85k.
Who is affording that?
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Same here! All the people buying RV's for the first time in the past 2 years paying these prices. I would never pay $60k for the TT I bought in 2018 for 32k!
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2017 Silverado 2500 HD, 6.6 Duramax
2018 Eagle HT 314 BHDS
Blue Ox WDH
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07-27-2022, 04:52 AM
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#17
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Lost in the Woods
Join Date: Apr 2022
Location: Plano
Posts: 542
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Quote:
Originally Posted by kirkelli
Since i started Dry Camping last summer, every RV Park i once had troubles getting RSVP's that i pass-bye are bone dry empty . Some of them have even sent me emails offering huge discounts for booking reservations. One of the parks in Bishop that was impossible to get into was half empty two weekends ago. This current economy is defiantly impacting RV travels. I'm crossing my fingers we'll be out of this mess soon,.
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The IMF prediction is a looming global recession, doubt there's some deus ex machina going to bail us (America) out of this overnight being as how it's not an economic downturn exclusive to America.
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07-27-2022, 06:21 AM
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#18
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Senior Member
Join Date: Jul 2018
Location: State College
Posts: 101
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I've noticed here in the NE - basically NY, DE, PA area, the reservations are roughly the same as pre-covid, just by observation via booking through websites.
It's hard to get weekend spots at KOAs and nicer campsites, but there could be 1-2 sites avail if checking at the right time. There hasn't been not much difference despite the surge in RV purchases.
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07-27-2022, 08:34 AM
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#19
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Senior Member
Join Date: Jun 2015
Location: --
Posts: 2,392
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Quote:
Originally Posted by klinner28
I've noticed here in the NE - basically NY, DE, PA area, the reservations are roughly the same as pre-covid, just by observation via booking through websites.
It's hard to get weekend spots at KOAs and nicer campsites, but there could be 1-2 sites avail if checking at the right time. There hasn't been not much difference despite the surge in RV purchases.
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I've noticed the same.
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2023 Ford F-150 XLT SCREW 3.5EB (Max Tow Pkg., Black Appearance Pkg., Bed Utility Pkg.)
1727 Payload / 4150 RAWR
On the sidelines taking it all in.
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07-27-2022, 07:48 PM
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#20
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Senior Member
Join Date: Aug 2018
Location: ridgecrest
Posts: 1,226
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Quote:
Originally Posted by Jopopsy
I've noticed the same.
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You guys must have the cheapest gas in the county...
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