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Cora Young

πŸ‘€ Speaker
30 total appearances
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Appearances Over Time

Podcast Appearances

Marketplace
Warsh wants to keep markets guessing. Will it work?

A refurbished 1988 vintage motor coach Lindsay and Blake Walters bought used in 2024 has served its purpose.

Marketplace
Warsh wants to keep markets guessing. Will it work?

The couple and their two boys lived the RV life while building a home in Fairhope, Alabama.

Marketplace
Warsh wants to keep markets guessing. Will it work?

The plan was to save on rent, then resell the rig to someone else who might want to do the same.

Marketplace
Warsh wants to keep markets guessing. Will it work?

In January, the Walters scrubbed their RV inside and out, then listed it online with social media videos.

Marketplace
Warsh wants to keep markets guessing. Will it work?

While the Walters RV is older than most, the time it's taking to sell is in line with Class A motor coaches built before 2016.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Class As are the big bus-like RVs.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Those 10 years and older make up roughly 40% of the used Class A motorhomes on the site RVTrader, the leading online marketplace for new and used RVs.

Marketplace
Warsh wants to keep markets guessing. Will it work?

And they're expensive, with some selling for more than half a million dollars.

Marketplace
Warsh wants to keep markets guessing. Will it work?

RV traders Juliana Baina says in today's economy, buyers are watching their leisure dollars.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Or the cash.

Marketplace
Warsh wants to keep markets guessing. Will it work?

That's where financing comes in.

Marketplace
Warsh wants to keep markets guessing. Will it work?

But Baina says many banks don't want to finance RVs older than 10 years.

Marketplace
Warsh wants to keep markets guessing. Will it work?

And then there's the price at the pump.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Many Class A motor coaches can hold 100 gallons or more.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Current fuel prices haven't caught up with the sales data, but they're factored into those leisure dollars.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Michael Papa knows about that.

Marketplace
Warsh wants to keep markets guessing. Will it work?

He and his wife own a 2015 40-foot rig they bought used during the pandemic.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Doesn't sound great, does it?

Marketplace
Warsh wants to keep markets guessing. Will it work?

It does not.

Marketplace
Warsh wants to keep markets guessing. Will it work?

Papa recently told his wife high diesel prices mean fuel for the couple's upcoming cross-country trip from Alabama to the Pacific Northwest is far more expensive than planned.

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