Sunday, October 26, 2008

RV Industry taking a hit

It is November 1 which puts us five months away from putting our house on the market. Our target date is still April 1, 2009.

We have been on our RV journey since August 2007. That has been 15 months. So what has changed? Do we still feel the same about things? Are we sure we want to go through with this? What about the gas prices? The economy?

Speaking of the economy, RV News is reporting the RV industry has taken some major hits: Look at Fleetwood, Winnebago and Monaco.

You may recall we were looking at getting a Holiday Rambler which is made by Monaco. They have closed three plants and moved most of their operations to Oregon. Both Fleetwood and Winnebago have made major moves as well.

We are looking at things a little differently although we are still committed to doing this.

Our choice is the Tiffin diesel Phaeton model. They are family owned and Bob Tiffin has indicated he is going to ride out the current crisis. He has slowed down also, but still putting out four coaches a week. He will not build one unless it is sold. Hopefully things will work out and he will still be in good shape in the spring.

Another thing we are thinking about is our shrinking 401k and 403k plans. Although our high income producing years will end next year, we are still 'in it for the long haul'. We won't be drawing on them for another 12-15 years probably.

Gas prices will continue to fluctuate so the higher they go up, the less likely we would to be traveling.

We are probably going to be workamping and staying at a National Park or Bureau of Land Management site for two - three months. We also are interested in building projects like Habitat for Humanity and NOMADS. More on that another time.

Until then, take care and drop us a note or comment sometime.

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