Home » Public Forums » GMCnet » [GMCnet] What will rising gas do to coach prices?
| [GMCnet] What will rising gas do to coach prices? [message #116688] |
Sat, 26 February 2011 18:53  |
|
|
My wife and I were talking about this topic this afternoon. We purchased our
coach in July of 2007. In July 2008, with gas prices around $4, we saw few
motorhomes on the road. By 2009 many RV dealers starting closing. In 2010
prices seemed to be at the bottom. A good time to buy but a bad time to
sell.
If things continue with the instability of the Middle East we're in for more
than a brief increase in fuel prices. Will that continue to play havoc with
the RV industry and prices in general? Will we see even more GMC with signs
in the widow saying "For Sale"?
I don't mean to be a pessimist but I do believe we're in for more bad
economic and RV/tourism news. Aviation fuel will rise, vacation spots will
offer bargains and the cruise industry will take another hit.
Or, am I all wrong.
--
Byron Songer
1978 GMC Royale
Louisville, KY
http://www.gmceast.com
http://web.me.com/bnsonger
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
--
Byron Songer
Full-timing to enjoy the USA
Former owner but still an admirer
GMC paint schemes at -
http://www.songerconsulting.net
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116692 is a reply to message #116688] |
Sat, 26 February 2011 19:06  |
Kingsley Coach
Messages: 2691
Registered: March 2009
Location: Nova Scotia Canada
Karma: -34
|
Senior Member |
|
|
Byron
I don't think the Middle East is the problem, oil reserves are higher than
ever, and there is no shortage now or will there be. Because oil is traded
as a 'future' the GREED factor kicks in and speculators are trying to cash
in. Since 911, there are a lot of people making money on Fear, and this
case is no exception.
Will my GMC travel be curtailed? Not a bit, it's a lifestyle not an
activity !
Hey, you brought it up <VBG>
Mike in NS
On Sat, Feb 26, 2011 at 8:53 PM, Byron Songer
<bsonger@songerconsulting.net>wrote:
> My wife and I were talking about this topic this afternoon. We purchased
> our
> coach in July of 2007. In July 2008, with gas prices around $4, we saw few
> motorhomes on the road. By 2009 many RV dealers starting closing. In 2010
> prices seemed to be at the bottom. A good time to buy but a bad time to
> sell.
>
> If things continue with the instability of the Middle East we're in for
> more
> than a brief increase in fuel prices. Will that continue to play havoc with
> the RV industry and prices in general? Will we see even more GMC with signs
> in the widow saying "For Sale"?
>
> I don't mean to be a pessimist but I do believe we're in for more bad
> economic and RV/tourism news. Aviation fuel will rise, vacation spots will
> offer bargains and the cruise industry will take another hit.
>
> Or, am I all wrong.
>
> --
>
> Byron Songer
> 1978 GMC Royale
> Louisville, KY
> http://www.gmceast.com
> http://web.me.com/bnsonger
>
>
>
> _______________________________________________
> GMCnet mailing list
> Unsubscribe or Change List Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
--
Michael Beaton
1977 Kingsley 26-11
1977 Eleganza II 26-3
Antigonish, NS
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
|
|
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116702 is a reply to message #116688] |
Sat, 26 February 2011 19:28 |
 |
USAussie
Messages: 15912
Registered: July 2007
Location: Sydney, Australia
Karma: 6
|
Senior Member |
|
|
Byron,
I don't believe you are wrong; the question in my mind is can we do anything
about it?
Nope!
Regards,
Rob M.
USAussie - Downunder
AUS '75 Avion - The Blue Streak TZE365V100428
USA '75 Avion - Double Trouble TZE365V100426
-----Original Message-----
From: gmclist-bounces@temp.gmcnet.org
[mailto:gmclist-bounces@temp.gmcnet.org] On Behalf Of Byron Songer
Sent: Sunday, February 27, 2011 11:53 AM
To: gmclist@temp.gmcnet.org
Subject: [GMCnet] What will rising gas do to coach prices?
My wife and I were talking about this topic this afternoon. We purchased our
coach in July of 2007. In July 2008, with gas prices around $4, we saw few
motorhomes on the road. By 2009 many RV dealers starting closing. In 2010
prices seemed to be at the bottom. A good time to buy but a bad time to
sell.
If things continue with the instability of the Middle East we're in for more
than a brief increase in fuel prices. Will that continue to play havoc with
the RV industry and prices in general? Will we see even more GMC with signs
in the widow saying "For Sale"?
I don't mean to be a pessimist but I do believe we're in for more bad
economic and RV/tourism news. Aviation fuel will rise, vacation spots will
offer bargains and the cruise industry will take another hit.
Or, am I all wrong.
--
Byron Songer
1978 GMC Royale
Louisville, KY
http://www.gmceast.com
http://web.me.com/bnsonger
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
Regards,
Rob M. (USAussie)
The Pedantic Mechanic
Sydney, Australia
'75 Avion - AUS - The Blue Streak TZE365V100428
'75 Avion - USA - Double Trouble TZE365V100426
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116704 is a reply to message #116692] |
Sat, 26 February 2011 19:50 |
jimk
Messages: 6734
Registered: July 2006
Location: Belmont, CA
Karma: 9
|
Senior Member |
|
|
Mike,
There must be a way to over come thes comodity rascals.
On Sat, Feb 26, 2011 at 5:06 PM, Kingsley Coach <kingsleygmc@gmail.com> wrote:
> Byron
>
> I don't think the Middle East is the problem, oil reserves are higher than
> ever, and there is no shortage now or will there be. Â Because oil is traded
> as a 'future' the GREED factor kicks in and speculators are trying to cash
> in.  Since 911, there are a lot of people  making  money on Fear, and this
> case is no exception.
> Will my GMC travel be curtailed? Â Not a bit, it's a lifestyle not an
> activity !
>
> Hey, you brought it up <VBG>
>
>
> Mike in NS
>
>
>
>
> On Sat, Feb 26, 2011 at 8:53 PM, Byron Songer
> <bsonger@songerconsulting.net>wrote:
>
>> My wife and I were talking about this topic this afternoon. We purchased
>> our
>> coach in July of 2007. In July 2008, with gas prices around $4, we saw few
>> motorhomes on the road. By 2009 many RV dealers starting closing. In 2010
>> prices seemed to be at the bottom. A good time to buy but a bad time to
>> sell.
>>
>> If things continue with the instability of the Middle East we're in for
>> more
>> than a brief increase in fuel prices. Will that continue to play havoc with
>> the RV industry and prices in general? Will we see even more GMC with signs
>> in the widow saying "For Sale"?
>>
>> I don't mean to be a pessimist but I do believe we're in for more bad
>> economic and RV/tourism news. Aviation fuel will rise, vacation spots will
>> offer bargains and the cruise industry will take another hit.
>>
>> Or, am I all wrong.
>>
>> --
>>
>> Byron Songer
>> 1978 GMC Royale
>> Louisville, KY
>> http://www.gmceast.com
>> http://web.me.com/bnsonger
>>
>>
>>
>> _______________________________________________
>> GMCnet mailing list
>> Unsubscribe or Change List Options:
>> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>>
>
>
>
> --
> Michael Beaton
> 1977 Kingsley 26-11
> 1977 Eleganza II Â 26-3
> Antigonish, NS
> _______________________________________________
> GMCnet mailing list
> Unsubscribe or Change List Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
--
Jim Kanomata
Applied/GMC, Fremont,CA
jimk@appliedairfilters.com
http://www.appliedgmc.com
1-800-752-7502
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
Jim Kanomata
Applied/GMC
jimk@appliedairfilters.com
www.appliedgmc.com
1-800-752-7502
|
|
|
|
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116710 is a reply to message #116700] |
Sat, 26 February 2011 20:24 |
|
|
Gene,
You took the words right out of my mouth. "Most scenic places will be less
crowded." Highways, too.
Byron
Mr.erf ERFisher wrote:
> THIS IS THE BEST OF TIMES
>
> We have our GMCs
> we are ready and moving
> we need to use our share of the gas (cost is not an issue) doing what we
> do is what counts
> there is nothing better than being able to move, while there is time
> time is short, we can see the end, and yet----- there is still time.
> there is no rationing
> Most scenic places will be less crowded
>
> The situation is the best it is ever going to be,
>
> GOPHERIT
>
> gene
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
--
Byron Songer
Full-timing to enjoy the USA
Former owner but still an admirer
GMC paint schemes at -
http://www.songerconsulting.net
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116712 is a reply to message #116710] |
Sat, 26 February 2011 20:33 |
Dennis S
Messages: 3046
Registered: November 2005
Karma: 2
|
Senior Member |
|
|
The last time gas prices escalated to these levels the economy and consumer confidence was headed south - fast. I expect more resiliant reaction this time --as long as the general public feels there is an end in sight.
As for those who own large SOB's -- I still remember a senior FMCA official telling me her husband thought they should consider buying a GMC and seilling their SOB -- he thought they could buy a nice GMC for $25k and have what he termed a disposable coach. The purchase price was far less than the annual depreciation and operating cost premium for their current vehicle.
Maybe such thinking will casue GMC prices to go up!
Dennis
Dennis Sexton
73 GMC
Germantown, TN
USA
-----Original Message-----
From: Byron Songer <bsonger@songerconsulting.net>
To: gmclist@temp.gmcnet.org
Sent: Sat, Feb 26, 2011 8:24 pm
Subject: Re: [GMCnet] What will rising gas do to coach prices?
Gene,
You took the words right out of my mouth. "Most scenic places will be less
rowded." Highways, too.
Byron
r.erf ERFisher wrote:
> THIS IS THE BEST OF TIMES
We have our GMCs
we are ready and moving
we need to use our share of the gas (cost is not an issue) doing what we
do is what counts
there is nothing better than being able to move, while there is time
time is short, we can see the end, and yet----- there is still time.
there is no rationing
Most scenic places will be less crowded
The situation is the best it is ever going to be,
GOPHERIT
gene
______________________________________________
MCnet mailing list
nsubscribe or Change List Options:
ttp://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
Dennis S
73 Painted Desert 230
Memphis TN Metro
|
|
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116737 is a reply to message #116724] |
Sun, 27 February 2011 01:36 |
Douglas Norton
Messages: 191
Registered: April 2008
Karma: 0
|
Senior Member |
|
|
I am with Gene. I could cut travel down but that could torpedo a lifetime of retirement aspirations.
I am/was an economist and have learned that prices go up and down - that can hurt some and help some at different times. Motor-home price fluctuations will not help or hurt me till I need to buy
or sell. I am not hurt till I feel real pain. My coach is priceless until someone pays me for it, then it has a price. That price will be less than I have in it and likely less than I paid for it (it has had over $20,000 in upkeep and improvements which are "sunk costs" the recovery of which is not to be expected). If I have to give it away, I already got my full value out of it and have lost nothing. If I drive it, I am getting much more out of it in value than what I pay for gas and repairs. This year my youngest sister told me it was beautiful and not the "trailer trash" she thought it was last year. Amazing what parking next to other GMC coaches with better paint jobs, some new curtains in my coach, and some Prozac in my sister can do to the perceived value of my coach!
If I could buy a coach like mine for $1,000, I would not buy it since I have one. If I could buy a coach like mine for $25,000, I would not buy one since I already have one.
Last month I had a chance to buy a large beautiful near new house in the Phoenix area for $60,000, but I have a house. My sister bought one there for $30,000 but she needed one and was willing to fix it up. She benefited from low prices this year but two years ago she lost her home and two rentals in Phoenix due to falling prices. I want prices to drop if I must buy and to raise if I sell.
Looks to me like someone with a lot tied up in his/her GMC will not be hurt by price changes and fuel costs if they use the coach and enjoy it. In the mean time, I will accept high gas prices I might drive a bit less but probably not. I can save more than the fuel increase by cutting my cell and cable bill - I recently cut my cable bill by about $80 per month and only lost two meaningful channels, one I will miss, and one my wife will miss. She is glad mine is gone and I am glad hers is gone so does that double negative make a positive?
We will keep and drive the GMC because it pleases us to do so. If health fails, we may not be able to do so; we know our health will fail in the next 30 years or less so we will drive it now. We know the big quake is coming but we do not sleep in the back yard; If the house falls on me, I will die in comfort. We drive the GMC because we want to live while we live. We will drive and will not buy nor sell, so the price of coaches is an academic problem.
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116738 is a reply to message #116737] |
Sun, 27 February 2011 01:49 |
 |
Kerry Tandy
Messages: 33
Registered: January 2004
Location: Merkel, Texas; Gold Canyo...
Karma: 0
|
Member |
|
|
Very nicely put, Mr Norton.
Kerry Tandy
Bewartz Farms
Gold Canyon, AZ
Efax-253-563-2514
To see where we are now, click on
http://map.datastormusers.com/user1.cfm?user=38
http://www.satellitefriendly.com/user/info.php?id=bewartz
Blog:http://bewartz1.blogspot.com/
Pray Incessantly!!!
On Sun, Feb 27, 2011 at 00:36, Douglas Norton <nortocd@yahoo.com> wrote:
> I am with Gene. I could cut travel down but that could torpedo a lifetime
> of retirement aspirations.
>
> I am/was an economist and have learned that prices go up and down - that
> can hurt some and help some at different times. Motor-home price
> fluctuations will not help or hurt me till I need to buy
> or sell. I am not hurt till I feel real pain. My coach is priceless
> until someone pays me for it, then it has a price. That price will be less
> than I have in it and likely less than I paid for it (it has had over
> $20,000 in upkeep and improvements which are "sunk costs" the recovery of
> which is not to be expected). If I have to give it away, I already got my
> full value out of it and have lost nothing. If I drive it, I am getting
> much more out of it in value than what I pay for gas and repairs. This year
> my youngest sister told me it was beautiful and not the "trailer trash" she
> thought it was last year. Amazing what parking next to other GMC coaches
> with better paint jobs, some new curtains in my coach, and some Prozac in my
> sister can do to the perceived value of my coach!
>
> If I could buy a coach like mine for $1,000, I would not buy it since I
> have one. If I could buy a coach like mine for $25,000, I would not buy one
> since I already have one.
>
> Last month I had a chance to buy a large beautiful near new house in the
> Phoenix area for $60,000, but I have a house. My sister bought one there
> for $30,000 but she needed one and was willing to fix it up. She benefited
> from low prices this year but two years ago she lost her home and two
> rentals in Phoenix due to falling prices. I want prices to drop if I must
> buy and to raise if I sell.
>
> Looks to me like someone with a lot tied up in his/her GMC will not be hurt
> by price changes and fuel costs if they use the coach and enjoy it. In the
> mean time, I will accept high gas prices I might drive a bit less but
> probably not. I can save more than the fuel increase by cutting my cell and
> cable bill - I recently cut my cable bill by about $80 per month and only
> lost two meaningful channels, one I will miss, and one my wife will miss.
> She is glad mine is gone and I am glad hers is gone so does that double
> negative make a positive?
>
> We will keep and drive the GMC because it pleases us to do so. If health
> fails, we may not be able to do so; we know our health will fail in the next
> 30 years or less so we will drive it now. We know the big quake is coming
> but we do not sleep in the back yard; If the house falls on me, I will die
> in comfort. We drive the GMC because we want to live while we live. We will
> drive and will not buy nor sell, so the price of coaches is an academic
> problem.
>
>
>
>
> _______________________________________________
> GMCnet mailing list
> Unsubscribe or Change List Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
>
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
Bewartz Farms
Where are we now?
<a href=http://map.datastormusers.com/user1.cfm?user=38>http://map.datastormusers.com/user1.cfm?user=38</a>
Pray Incessantly!!!
|
|
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #116794 is a reply to message #116707] |
Sun, 27 February 2011 16:43 |
|
|
I used to work next to a trading company, used to talk to the guys there all the time about this stuff. the reason the mid east is so important (unfortunately) is that they make 1/3 of the worlds oil, that oil is sold on a collective global scale on the futures market. If you kink or threaten a supply, that means those speculators will price the commodity higher. a good example, the US actually gets only about 10% or less of its oil from the middle east, but Europe on the other hand gets a majority of their oil from the mid east,so if that supply is cut or restricted, then the EU will have to source that oil elsewhere, contracts will go to who ever is willing to pay the price to secure that oil. While no actual supply shortage has happened, the mere threat of it will cause the speculators to start pushing the price up in anticipation of a crisis. This can backfire however, as it did in 2008 when the price reached a point where it hindered economic activity to a point that the bottom fell out of the market, and oil dropped to $30 a barrel from $147!
The best way to stabilize that market would be to bring online the vast resources in the USA, more oil on the market from a politically stable country will keep the price more stable and less volatile. without getting too political, Write your Representative and tell them to do something about this and open US reserves! Remember a politicians main job is to get reelected, and next year elections will come once again, and as a result if gas is $5 a gallon, the Representatives who do something about it are more likely to keep their jobs than one who doesn't...
| Harry wrote on Sat, 26 February 2011 20:23 |
I don't know why the middle east has much to do with it.
Do you know which country is the #2 supplier to USA?
Just keep driving and enjoy life.
I just read a good book..."Die Broke". Spend it while you can...
|
73 Canyon Lands, (a.k.a. The Yellow Submarine) West Los Angeles CA
|
|
|
|
|
|
|
|
|
|
| Re: [GMCnet] What will rising gas do to coach prices? [message #117021 is a reply to message #117007] |
Tue, 01 March 2011 06:50 |
Jim Bounds
Messages: 842
Registered: January 2004
Karma: 0
|
Senior Member |
|
|
As far as gas prices go, think about this:
If the cost of a gallon of regular (seems like they always talk about regular)
gets to $5 a gallon, the value of your gas guzzling SUV will drop and you will
see a group of reactionary people start running around in "crossover" cars---
they will "downsize" trying to stay within their gas budget and the price of
these downsized crossover category cars go up. Blame that on free interprize!
public trends will be to vilify those that still own a Hummer and the trend will
be on economical cars.
OK, now relate that to the RV industry and the machines in that category-- the
poor dude sporting a 40' "gogletrac billboard" is already looked on as a
wasteful driver but hey, there will always be a group of people who must get out
on the road so folks will start planting their multi-slide rolling 3rd world
countries and start doing what--- downsizing! Guess what, the GMC is right
there as THE original classic motorhome AND it is of the size and gas
consumption those monster drivers are dreaming about! Where does that put a
really nice GMC-- right in the crosshairs of what destriminating people will and
do want. Guys, you are spoiled--- every day, families are paying big dollars to
be able to get out of town in a motorhome-- you guys sit there with a small %
invested that every RV owner has out there on the line. You are invested in THE
vintage machine to have and if you have it in recognizable nice condition, well
then you have exactly what people are looking for-- an alternative to spending
$100,000 to get out and enjoy America.
When the price of beer goes up, the sales of Miller in the can goes up! We are
putting together GMC's for far less than what it takes to go out and buy a new
motorhome that will depreciate after the first loop around the block! I don;t
huddle in the dark places at the shop waiting for the last motorhome to pull in
for a brake job-- the older these classics get the more they need updating, the
more there are those looking for nice GMC's the more work we have-- this is a
cutting edge emerging market so do not worry about rising gas prices. You own
the right horse for this race!
Jim Bounds
----------------------------
----- Original Message ----
From: Howard Nylander <uziyah@yahoo.com>
To: gmclist@temp.gmcnet.org
Sent: Mon, February 28, 2011 10:18:42 PM
Subject: Re: [GMCnet] What will rising gas do to coach prices?
I think I need to read that book.
Howard Nylander
--- On Mon, 2/28/11, Donny Smith <donnystruck@hotmail.com> wrote:
From: Donny Smith <donnystruck@hotmail.com>
Subject: Re: [GMCnet] What will rising gas do to coach prices?
To: gmclist@temp.gmcnet.org
Date: Monday, February 28, 2011, 5:12 PM
<<Canada or Venezuela..
> To: gmclist@temp.gmcnet.org
> From: jarvis210@shaw.ca
> Date: Sat, 26 Feb 2011 20:23:21 -0600
> Subject: Re: [GMCnet] What will rising gas do to coach prices?
>
>
>
> I don't know why the middle east has much to do with it.
> Do you know which country is the #2 supplier to USA?
> Just keep driving and enjoy life.
> I just read a good book..."Die Broke". Spend it while you can...
> --
> "I've always been crazy, but it kept me from going insane"
> _______________________________________________
> GMCnet mailing list
> Unsubscribe or Change List Options:
> http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
_______________________________________________
GMCnet mailing list
Unsubscribe or Change List Options:
http://temp.gmcnet.org/cgi-bin/mailman/listinfo/gmclist
|
|
|
|
|
|
|
|
Goto Forum:
Current Time: Sat Nov 16 03:39:16 CST 2024
Total time taken to generate the page: 4.75622 seconds
|
GMCforum
Search
Help
Register
Login
Home
