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Old 10-28-2021, 06:47 PM   #1
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To Sell or Not to Sell

Hello all,

We are wrapping up 6 years of seasonal camping at a local campground. Prior to that, we've been all over the US and we love camping (it's our preferred means of vacation). We plan to take a break from camping for a few years due to schedules, etc. but are by no means giving it up. We have a 2015 Jayco Eagle 284BHBE that has been wonderful. Being this is a bunkhouse and our children are now grown, our next unit would be a 5th wheel built for two. That said, since we're taking some time off, my wife brought up the thought of selling ours. It's in great shape and the market is commanding good $$ for used units. However, my thought is when we decide to jump back in, if we sell it we are then forced to buy one. If we keep it, we can decided when to trade up but we don't necessarily have to buy one right away.

Market being what it is, what do others think? We would probably be out for 2-3 years. Of course, plans could change - we may wait longer, or we could decide next summer to suddenly want to go somewhere.

Sell it? Or keep it? Looking for opinions, please.

- Mike
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Old 10-28-2021, 06:52 PM   #2
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I just sold mine (2016 Jay Feather X254 bunkhouse). I got my money with the option to replace it later.
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Old 10-28-2021, 07:28 PM   #3
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That is a hard one to answer. I can see going both ways. Get the money while you know the market is good. With the intent of buying one again in the future. I would not be surprised is 2-3 year turns into 5 -6 years.

If it is paid for, and the seasonal site is good, and the location is decent. Could keep it, a place to go and relax, get away from the hassle and bustle of home life.

Good luck with your next chapter.
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Old 10-28-2021, 09:06 PM   #4
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We are asking ourselves similar questions. Great time to sell, terrible time to buy. So we're holding for now. We are still taking 2 major trips per year. The next two are already partially reserved.
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Old 10-29-2021, 12:35 AM   #5
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If you’re looking at it as cash value, it’s only 6 years old now, but in 3 years it’ll be 9 years old, huge difference in the trade in value, and a big difference in the open market value. If you have a clear title then it’s only depreciation your looking at, but if you’re making payments then it’s depreciation and debt payments.

If you don’t plan to use it, sell it, but even 2 trips a year would be beneficial if the title is clear.
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Old 10-29-2021, 05:03 AM   #6
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If you aren't using it and they are selling for top dollar now, why not sell right now and get that money? We plan to do a cross country trip in 5 years, I'd love to sell my 2015 for way too much money now, but we need our current camper for the next 5 years of camping.
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Old 10-29-2021, 05:57 AM   #7
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I’d sale, just letting it sit there unused is hard on it, and a good invite for critters, plus you’ll prob lose value over the course of 2 years, and you’ll still have to maintain it (sealing, around all cracks and roof).
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Old 10-29-2021, 09:53 AM   #8
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Sell. Two years is a long time in this world. Three is an eternity. So much can change that doesn't benefit holding on to a depreciating toy.
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Old 10-29-2021, 10:50 AM   #9
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you'd be a fool not to sell in the spring..

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Old 10-29-2021, 01:30 PM   #10
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Sell High, Buy Low. Rvs are a commodity and have economic cycles like every other commodity. Right now the market is high, take the cash and save it for a future purchase. There are always units available and you'll save the depreciation over the next few years with your busy schedule. You can always rent a unit or stay in a camping cabin for any trips for now.....
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Old 10-29-2021, 01:34 PM   #11
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If we weren't already reserved up for this winter, we would SELL SELL SELL and buy something next year.
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Old 10-29-2021, 05:29 PM   #12
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Your getting a lot of good advice to think about here on the forum, but what we don't know (and wouldn't ask) is what your personal finances can afford.

It's true that this is an unprecedented time regarding selling your current unit. Many people have actually sold their used trailer for more than they paid for it brand new. But it is equally true that new unit prices have sky rocketed in the past year or so and will not likely ever come back down to pre-Covid levels.

So the question you and the Mrs. need to ask yourselves: can we afford to buy a 5er in a couple of years if we sell the current trailer now? If you can afford a new unit in a few years (knowing prices will continue to rise), then sell now and buy what you want later. If you're not sure - well...a bird in the hand is worth 2 in the bush
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Old 10-30-2021, 10:03 AM   #13
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Hi all,

Thank you so much for the replies and advice. Keep it coming as we're still undecided. For a little clarity on some of the questions:

- @Jagiven, the seasonal site is done. We did it for 6 years and it's no longer a place we look forward to going - it's kind of gotten old and with schedules and such, deciding to go for the weekend has become more of "we should because we paid for it" rather than because we want to. So we're done with seasonal and for the next couple of years, we probably won't go anywhere.

- We just recently put in a bunch of backyard renovations. We live in a very rural area on an acre plus, and we just put in a two-tier patio, outdoor fireplace, spa and a waterfall, so we kind of created our oasis at home, which gives us the flexibility to be there when we want without packing up and travelling. At home, we're easily able to "get away from it all".

- @Randel_J, you bring up our exact reservation (and a great point). Financially, we're fine. Those renovations above were paid cash and we have no debt (mortgage is paid also). We live well below our means so our mission for the next several years is to save. We would have no issue buying a 5th wheel in a few years - but the big question you bring up is would we want to? That's our dilemma - if we decided to start roaming again, we would NEED to buy one. If we keep it, it's our choice. It will never be worth more than it is now.

Still deciding, and really appreciate the input and advice. The other factor (naturally) is this unit is well broken in/resolved of first year issues. We know it inside and out. Another unit starts that whole process over again. I have no issue fixing things as I know these are purchased with a handyman hobby in mind. But... it doesn't lighten the stress of it :-)
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Old 10-30-2021, 10:25 AM   #14
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Since you are going to be sitting out for a few years I would sell based upon my belief that there is going to a a growing market of used RV's. I think a number of people who purchased during the pandemic are going to recognize that RV'ing is not a picnic and it takes maintenance to keep up the unit and it requires "work" to get reservations, deal with campgrounds, etc. In addition, rising campground prices are going to narrow the gap between hotels and campgrounds. We were really surprised a few days ago when we booked a campground and the nightly price was $134.00.
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Old 10-30-2021, 11:54 AM   #15
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There are unknowns based on subjective reasoning that play out as well.....It appears that 'good' campgrounds (think location, location, location) are being bought up by corporates (Sun, etc.,) or parent franchisers are putting pressure on affiliate campgrounds to make upgrades or sell to a pre-approved buyer (KOA). Good deal of upward price pressure for reservations in that environment. State parks are investing big dollars in full hook up sites.....again, upward pressure on reservation prices. If thinking of returning to seasonal, the same applies....just got our letter that beginning immediately, the annual price increase will return to 3% going forward.
This sort of gentrification of the camping experience could turn some campgrounds not able to take advantage into empty lots when they can't invest in what people want. Again, further putting upward pressure on pricing....supply and demand.
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Old 10-30-2021, 08:54 PM   #16
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@muckinfuss, the raise in our seasonal price was a big reason we decided to make this our last year. The price went up over 10% this year compared to last year. And it's been creeping up since we started. Compared to our first year, next year would have tallied to just over a 50% increase over the 6 years.
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Old 11-03-2021, 12:36 PM   #17
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Quote:
Originally Posted by datadr View Post
Hello all,

We are wrapping up 6 years of seasonal camping at a local campground. Prior to that, we've been all over the US and we love camping (it's our preferred means of vacation). We plan to take a break from camping for a few years due to schedules, etc. but are by no means giving it up. We have a 2015 Jayco Eagle 284BHBE that has been wonderful. Being this is a bunkhouse and our children are now grown, our next unit would be a 5th wheel built for two. That said, since we're taking some time off, my wife brought up the thought of selling ours. It's in great shape and the market is commanding good $$ for used units. However, my thought is when we decide to jump back in, if we sell it we are then forced to buy one. If we keep it, we can decided when to trade up but we don't necessarily have to buy one right away.

Market being what it is, what do others think? We would probably be out for 2-3 years. Of course, plans could change - we may wait longer, or we could decide next summer to suddenly want to go somewhere.

Sell it? Or keep it? Looking for opinions, please.

- Mike
Personally, based on your scenario I would sell now while the market is extremely hot and put the money in the bank so it can gain interest while you take a break from RVing. It will never get this crazy again and there is no guarantee the market will remain this hot through the spring. Someone said you'd be a fool to not wait for the spring to sell but that is advise from someone that doesn't buy and sell vehicles regularly. That may be sound advise during a normal market but this is anything but normal so if you are selling, waiting is a bad idea. I've bought and sold lots of vehicles and I've sold 3 vehicles in the last 5 months. I sold all 3 for more than I paid for them, but that will not last. Someone said prices will not go down to pre-COVID levels which is true because prices go up every year regardless of COVID. But once all the new RVers start selling and labor forces start returning to normal, supplies will go WAY up and prices will fall accordingly. That is the laws of supply and demand and is pretty much guaranteed.

Keeping the RV in case you change your mind, especially considering that your current rig doesn't fit your needs that well doesn't make much sense to me. Money in the bank grows but your RV will depreciate every year you hang on to it and if the bubble bursts you could likely miss out on $10k of current value plus future depreciation. Depreciation over the next couple years will likely be double of a normal market due to temporary market conditions. Get past the mental block of what if we want to go camping next year? Just get over it and plan your vacations accordingly. It's not like you can't take a vacation without your RV.

There are over 500,000 RV's built in the US every year. I would bet that most are not major problems, but we only hear from the .01% of disappointed people and not the other 99.99% of happy campers.
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Old 11-03-2021, 01:00 PM   #18
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Great question. I would sell and bank the money/ startt shopping and planning for your new rig. Technology and vehicles will change over the next few years and it’s fun to plan.
We have a 2018 Jayfeather that we can sell now for more than we paid for it. If we were in the market to change I’d be selling it in a heartbeat.
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Old 11-03-2021, 01:02 PM   #19
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Same here with us, 6+ year weekenders, 6 months full time this past year, we visited half the US.

These are my thoughts, that you might ask yourself, (some you already touched upon);


We have a really good rig now, after 2 lemons, do we take a chance 2-3 years from now on something that could turn out to be another lemon? (I’m not talking about the usual stuff breaking down either!)


Do we make the money now, pay off our loan on it, will it ever be worth what it is right now? (It’s now or never, ain’t gonna see this frenzy again in our lifetime)


How will we travel with our dog up/Down the east coast, with no RV? (Our CRV)


Would like a different floor plan. (Doesn’t everybody)


How much will I miss the RV life style? (TBD)


Right now, (as of today), we’ve decided to keep ours, but it’s nice to know we have options, and could sell off when ready!


Hope our reasoning a decision sway yours, good luck, let us know!
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Old 11-03-2021, 01:22 PM   #20
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Sell it today, not tommorrow!

Every day that unit sits on the property is just one more day before the roof starts leaking.


Every day that unit sits on the property not being camped in, is another day for the mice to take over.


Maybe this winter will drop a tree on the roof.


If you are quiet and listen to the RV, you can hear it rusting and rotting.
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