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Old 17-11-2008, 09:49 AM
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Default Dealers have got to be hurting

There are literally hundreds of independent RV manufacturers in the US and it seems that they are folding at a rate of at least two a week. Dealers of which there are thousands are disappearing much faster.

In the UK many new RVs are sold to people who sell their house and then downsize or go fulltime, but no one can sell their house or get a loan. Couple this with the strength of the £ and the outlook for New UK RV sales cannot have ever looked bleaker.

I would not want to be a UK RV dealer for the next couple of years, I think they are going to hurt, and some will disappear altogether.
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Old 17-11-2008, 10:28 AM
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Originally Posted by jim View Post
In the UK many new RVs are sold to people who sell their house and then downsize or go fulltime, but no one can sell their house or get a loan.
I read an advert for a guy selling his RV, a rather expensive and tasty Monaco Knight, he was open to offers and would accept a house in part exchange..
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Old 17-11-2008, 11:02 AM
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I read an advert for a guy selling his RV, a rather expensive and tasty Monaco Knight, he was open to offers and would accept a house in part exchange..

Yes that does seem to be the wrong way round wonder if he sold it
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Old 17-11-2008, 11:02 AM
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It's not just American RV dealers that are suffering

I was talking to UK dealer this weekend who is having orders cancelled due to the extra cost the dollar is putting on the UK price as much as £20,000 in some cases, consequently he is cancelling orders from the US
.
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Old 17-11-2008, 11:06 AM
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It's not just American RV dealers that are suffering

I was talking to UK dealer this weekend who is having orders cancelled due to the extra cost the dollar is putting on the UK price as much as £20,000 in some cases, consequently he is cancelling orders from the US
.

Your right Tony, its getting bad, and it looks like it will stay that way, for a while at least. The way Gordon Brown keeps borrowing, we might still be in the mire, whilst our neighbours recover
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Old 17-11-2008, 08:41 PM
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The price of petrol is in dollars so the weak pound is keeping our fuel price high.

However the yanks fuel prices are going back to near normal so there market might be more stimulated than our market,

Could make our buses worth more again taking in the weak pound compared to the dollar as less being brought in?
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Old 17-11-2008, 09:05 PM
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the majority of fx dealers are saying that the usd could go as low as 1.27/1.25 and they are not expecting the money markets to improve this year and well into next year, I know they can be dramatists but they could be right on this one, so far they have been, my boss not happy as he is losing money on fx rates, hence no pay rise this year but if he had listened to me in the first place and bought forward when the dollar was high then he would be smiling now, but of course thats not his fault he is a man after all
ruth
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Old 17-11-2008, 09:43 PM
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the majority of fx dealers are saying that the usd could go as low as 1.27/1.25 and they are not expecting the money markets to improve this year and well into next year, I know they can be dramatists but they could be right on this one, so far they have been, my boss not happy as he is losing money on fx rates, hence no pay rise this year but if he had listened to me in the first place and bought forward when the dollar was high then he would be smiling now, but of course thats not his fault he is a man after all
ruth
Oiy who was that bought right (RV) when the dollar was 2-1

A man I think
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Old 17-11-2008, 09:49 PM
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Quote:
Originally Posted by Tony Santara View Post
Oiy who was that bought right (RV) when the dollar was 2-1

A man I think
excuse me i don't think so, as usual man with short memory
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