Learning the ins and outs of the RV market can be beneficial to everyone looking to sell or purchase a rig. This article will highlight the information needed to make a sound decision before buying or selling.
First things first. RV markets are broken into two categories: Buyer’s Market and Seller’s Market
Details of a Buyer’s Market
‘It’s a buyer’s market’ is a term that refers to a RV market that consists of more RVs for sale than customers looking to buy. Basically speaking, it means the time is right to make that big ticket purchase. This situation provides ‘perfect weather conditions’ for buyers, meaning they can often negotiate down prices from the sticker price. With the more supply sellers have on hand, the longer some units might sit in the lot. Many sellers will lower the sticker prices after a certain amount of time, allowing the buyer to get a better deal without having the hassle of playing the numbers game with the seller. Everyone loves a sale and a buyer’s market is often the reason for decreased sale prices.