2021 Used RV Glut? Not so fast . . .
I thought I would toss this out here for discussion. With so many people predicting new RV owners wanting to sell as soon as other travel options here's why I don't see it happening.
Most of those new units were financed. With the steep depreciation in the first couple years those folks will be upside down on the loan. They will owe more than anyone is willing to give them. They will be in a position where they will need to take out an unsecured loan to unload their purchase. Being unsecured it will be at a much higher interest rate with potentially higher monthly cost.
While there may be some bargains, I'm not expecting people lined up to take those losses.
Thoughts?
__________________
2017 JayFlight 21QB
2021 Ford F150 SCrew 3.5 Eco, 157”, 3.55, Tow Pkg
|