Wanna buy a Winnebago....cheap?

hope_full · Heavy Crude Joined: May 27, 2008 Posts: 254

Their stock has fallen 73% in one year. Hubby said Winnebago did real well after 9/11 and now they're doing real poorly.

Hubby and I traveled several hundred miles on the interstate highways recently and we observed that in our travels, we didn't see ONE RV on the road. Not one. As he said, "I would have expected to see dozens on this stretch of interstate, especially at this time of year."

http://www.reuters.com/article/marketsNews/idUSWNAS883520080620

idiom

They need to switch to aluminium chassis and add horse hitches.

mos6507

Pretty soon they will be building these:

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Don35 · Heavy Crude Joined: Feb 07, 2006 Posts: 143

I like to buy several for very little and set them up on the farm for family members to live in after TSHTF. They will be cheap soon!
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Don35 · Heavy Crude Joined: Feb 07, 2006 Posts: 143

MarkJ · Heavy Crude Joined: Mar 25, 2008 Posts: 215

Yes, I'd like to buy a late model low mileage RV in excellent shape cheaply. We live in a tourist area, so we see motorhomes, campers and boats all the time.

We've heard stories about cheap SUVs, Boats and RVs for many years, but you never see them selling cheaply unless they're old, have high miles or they're in rough shape.

pup55 · Expert Joined: May 26, 2004 Posts: 3801

Back in the late 70's this company very nearly went belly up.

It might be even worse now. Household debt is a lot worse. People can't get a home equity loan now, no one is selling their house to be a full-timer, plenty of these sitting on lots all over the country/unsold inventory.

Another short sale might be Harley Davidson at the moment. You can't drive down a country road in my part of the country without seeing 5 of these with "for sale" signs on them.

Dreamtwister · Fission Joined: Feb 06, 2006 Posts: 2259

joelcolorado · Intermediate Crude Joined: May 25, 2008 Posts: 683

I am looking now for TWO motorhomes or trailers. Want to park one in Colorado and one on the Gulf coast. Then I can leave them there and drive my little car there and stay for the seasons. Just a diff way to do what ppl have done by pulling them or driving them there all these years.

They are cheap for sure and getting cheaper. I can get a good motorhome with slide for $8,000 so cheap coastal digs.

Then I can live where I want when I want. hah

eastbay

Yesterday afternoon I drove from Seattle to Portland and saw exactly * zero * motor homes during this three hour period on I-5.

Just one observation.
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Niagara

Same here. Niagara is one of the busiest tourist regions in the country normally. I hardly see any RVs. It's a bit uncanny.

eastbay

hope_full · Heavy Crude Joined: May 27, 2008 Posts: 254

Why are Harley Davidson motorcycles faltering? I would have thought motorcycles were the THING right now.

As to the RVs on the road, that's my point. We were on I-64 from Virginia Beach to Beckley, WV (about 360 miles) and never saw ONE RV. Hubby and I both observed we'd never seen such a thing.

joelcolorado · Intermediate Crude Joined: May 25, 2008 Posts: 683

All the boomers went out and got bikes and Harley built dealerships so fast all over thinking it would last forever. HOWEVER, there is a limit to the money for those kinds of things and ppl find out riding in the heat and wind is not quite like it appears. So they are sold as ppl realize they made a mistake on how much they would use it. Just another toy hitting the market.

I thot it funny all the office dudes in their leathers acting tough. Good lord.