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re: How many RVs you baws buying?
Posted on 1/21/21 at 10:33 am to kywildcatfanone
Posted on 1/21/21 at 10:33 am to kywildcatfanone
quote:
We have 2-3 here locally, including a Camping World with a ton of inventory. I assume they don't pay for their inventory until it's sold.
My neighbor owns one in Lafayette...its insane. I speak with him often on the market for new campers with so many dealerships with tons of inventory.
He has talked about inventory..but I don't recall if it's factory owned or dealer.
1
Posted on 1/21/21 at 12:43 pm to the LSUSaint
quote:
He has talked about inventory..but I don't recall if it's factory owned or dealer.
It’s ‘floor planned’. They put the inventory on a line of credit with someone like Wells-Fargo or TransAmerica. The manufacturer may pay the interest for a certain amount of time then the dealer has to pay it after that.
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