RV Industry UPDATE. RV Factories Do not Want you to know this Info

Boy this Video is going to get me in Big Trouble with the RV Factories. They do not want you to have this information. So this RV industry Update may cost me my standing and may get me blacklisted from information.

That being said, you deserve this information so you can make a smart and good choice for you and your family when it comes to buying a travel trailer, toyhauler, motorhome, or 5th wheel. I will also be talking about RV loans, and financing. RV Financing is getting a little complicated right now! So I am going to go over that. As well as parts, service, and the Used RV Market.

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[TPWW-trrr]

TRAVEL WHILE YOU HAVE YOUR HEALTH. NO GUARANTEES. WE KNOW FROM EXPERIENCE. GOD BLESS!!!

[captnawty]

wow, an honest man with a review of the current RV industry. I wished that I would have found you prior to purchasing our Grand Design 2021 351m Momentum during covid. I thought that I knew a lot about RV's, especially the Grand Design line. "NOPE" the biggest dumb thing that I did was purchase a five year extended warrantee, NOT WORTH THE PAPER IT WAS WRITEN ON. Thanks for this video.

[alan]

Just purchased a 2024 pickup. First new vehicle and loan on a vehicle in my 80 years. Credit score of 835. Yet best interest rate I could get was 8% with 10% down. Now I better understand why. Thanks for your straightforward explanations.

[tracietackett]

My husband wants a 21ft outdoor but we have a perfectly good paid for travel trailer that we use 3 to 4 weeks a year. Not going into debt for anything in this economy, especially for a toy

[NYVETTFW]

I paid cash for my '21, I had no choice...my credit was bad because I HAD NO credit, because I had no loans or debt. I've since fixed my credit but I still will not finance anything. Even with good credit I will still only pay cash. No payment is ten times better than ANY reason to finance!

As for parent companies, even though Forest River gets a bad rap, Flagstaff/Rockwood are superior quality in my experience (on my 4th Flagstaff). My '21 529RBS has been flawless! And it was a 'Covid build' custom order, paid $51K, MSRP was $63K.

Great video man, thanks. First time seeing your channel, subscribed.

[threeftr]

The cheapest RV and vehicle out there is the one you own free and clear. That applies to everything you own. Take care of your stuff, and you will save thousands. 👍

[madweazl]

Josh the RV Nerd covered models being stripped down months ago.

[PapaFitzMe]

Just purchased a new Forest River Flagstaff Micro Lite model# 21FBRS listed over $42k no factory options added. Just the standard in Southeast Michigan our cash price with an additional battery was $32K OTD. We take delivery March 7 2024.

[julielehman]

Thanks for the info, I found it extremely useful and interesting, especially about having a great credit score but not working vs working and lower score. That was something I won't forget. Thanks for your information 👍

[troguek]

Great advice! We are looking to buy a toy hauler in the next 6 months and it was very helpful and real.

[SidneyHairston-mm]

After watching your video I need to buy new and get my dealership market first and and use my own financing I could walk away if my algorithm is off with the company that i would purchase from and I’m a first time buyer! You basically said that I should not purchase anything used and you made a very valid point that they are selling last years product for the 2024 price I might as well purchase new!❤

[kimbird]

We bought a 2022 Palomino Solaire 243HBS in November 2023. We paid in the high 20's. MSRP was listed at $43, 500.00. We financed with the dealership in order to obtain the price they quoted. We also bought it on a Saturday which meant our credit union was closed. We signed the papers and they thought they had us hooked. However, we went directly to our credit union on Monday ( we inquired before purchase about an early payoff and found there wasn't any penalty) and refinanced it immediately. We also had an in with our credit union due to the fact that our daughter works there. We are both retired, but my husband has a consulting position with a company on an as needed basis which means they could still show him employed. We also have a credit score in the 800's.

[CaptainFantastic]

Cash buyers will always have the power, even if they let the dealer beat or match their bank. Unless you absolutely need the item, the buyers power is his legs. Just be fair to cash buyers, they’ll be plenty of buyers needing financing that you can make your money from.
Used at dealers will still make up in financing; better to pay cash for a used (even if you go to your bank). Then they’ll upsell you and in the end you paid more than buying private.

[bjwieland-doucet]

Appreciate the info. Last year, I got a '99 Montana for $3300. Knowing what I know now, I'd have passed on it.
I'll know bette now when I go to get my next one.
Fortunately, I'm stationary for a while. 😂

[sewdutch]

Wow! I really appreciate your info on financing! Thanks.

[MikeLJ-kuov]

I bought a fifth wheel had it 8 years used it little was not a good investment making payments it sitting 95% of the year getting it sold was the best day

[percussionistanthonyrobert]

We made a deposit on a new 2024 Thor Outlaw 29J, we had it inspected by a NRVIA INSPECTOR, we ran from the dealership and got our deposit back. I could not believe all the defects, some were safety issues, from the factory. Most RVs are junk and the repairs fall back on the customer because the factory warranty will say that the customer did not do the preventative maintenance. $850 saved me $120K, The is no reason that an RV cannot be inspected on the factory assembly line, the factories don’t have time for an assembly line inspection because of the mass production of junk!

[janicecrockett]

The main reason to avoid dealers is you cannot trust they will provide service after the sale. I research the dealer as much if not more than the RV.

[MyDarkExplorations]

Purchased a 16 year old rig that's more dependable than anything built in the past 10 years.

[licensedsalesassociatemich]

He doesn't talk about the quality of RVs. In my opinion, if you can't pay cash for this type of discretionary item, you probably don't need it. If you take the time that most people use their RV and then factor in the carrying costs, most people would probably be better off renting an RV or staying in a rental RV or cabin at a nice campground. Remember, you always have the power to say NO and walk out of the dealership. I did that with my last vehicle purchase. I walked out. I had the salesman calling me and calling me. I needed to buy a car. I had my bottom line price. I walked out for $21.00. In the end, I got the car for $500 less than I was willing to pay. You would be surprised what a salesman will do when he has a willing buyer but his need to earn the commission is much stronger than the buyer's need for the vehicle. I am sure it is the same with the RV industry. Just walk out. You can always walk back in. However, with all the nice looking stuff in the RVs, I am constantly reminded off all the horror story videos about RV quality.