« on: March 22, 2020, 05:29:58 pm »
With this massive downturn in the market there is going to be a huge hit on the rv industry. Between lost jobs and terrible losses in peoples 401k retirement income this is going to be a rough one. Obviously not just for the rv industry. I know many who count on their 401k feeding their retirement with monthly income who have bought Motorhomes , boats etc on a payment plan. There isnít really that many RV companies left after all the consolidation from the last hit. I guess if a person wanted to upgrade there will be opportunities coming, especially on the used market. For anyone wanting to sell; well itís going to be a buyers market for the time being.
Most importantly I hope and pray all come out of this healthy. Financially pretty much everyone will be taking a hit. Both consumers and sellers of goods and services alike.
If you believe.. Pray... if you donít, why not give it a shot, youíve nothing to lose.