Sorry Winnebago - Too many folks buying fgrv's - Fiberglass RV


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Old 10-15-2015, 08:18 AM   #1
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Name: John Michael
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Sorry Winnebago - Too many folks buying fgrv's

Sorry Winnebago - Too many folks buying FGRV's
Winnebago Industries Inc (WGO.N) reported a lower-than-expected quarterly profit as cash-conscious customers opted to buy cheaper models from the biggest motorhome maker in the United States.

Winnebago, closely watched because of the view it provides on spending on big-ticket discretionary items, said sales of its top-of-the-range Class A motorhomes fell 34 percent in the fourth quarter. The company's net profit fell 9.4 percent.

Winnebago's Class A diesel-pusher grand tour motorhome, which has an electric fireplace, can cost as much as $429,000. Sales of the company's cheaper Class B and Class C vehicles rose about 13 percent and 45 percent, respectively.
More here

Boy howdy! I could buy a whole fleet of eggs and have money left over if I don't buy that $400k motorhome I had my eye on. Though that fireplace sounds great. I'm feeling another mod coming. Perhaps a large 12 volt flat panel video screen hanging on the bathroom door with a miniaturized fusion powered heater incorporated behind.
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Old 10-15-2015, 08:42 AM   #2
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But Winnebago's overall sales volume in motorhomes increased in Class B & C, most of which are substantially bigger and all are much more expensive than any of the FGRV's.


The marketplace for uber expensive motorhomes, according to several sales peeps I talked with last week at the California RV Show, is saturated, and huge discounts are being offered to clear inventory. Imagine the $60,000 discount from MSRP posted on a $300K diesel pusher behemoth I saw at the show, that discount alone would buy 4 Scamps.


Again, there were exactly two FGRV's shown among the 100's of RV's on display.
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Old 10-15-2015, 10:14 AM   #3
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Let's not be elitest

Unfortunately it's another sign of a slowing economy which is not good for any of us. it's a big world out there and I'm thankful some of us can afford those big rigs. In the end we all benefit from more RV enthusiasm.
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Old 10-15-2015, 10:29 AM   #4
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Let's see, they sold 45% more Class "C"'s, the bread and butter of the RV world.

A lot of "Us" can afford those bigger units, but have also come to our senses about where to throw money away, and where to keep money safe, and $300,000 motorhomes is not a safe place. And keep in mind, none less than Warren Buffet has money in the RV manufacturing business.

Lets not make this a political discussion about the economy.
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Old 10-15-2015, 10:37 AM   #5
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agreed no political discussions about the economy, but also no judgements about how other people spend there own money. Different strokes for different folks.
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Old 10-15-2015, 12:03 PM   #6
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agreed no judgements about how other people spend there own money. Different strokes for different folks.
Ah shucks! I could spend a lot of time judging how other folks spend their money; often family members. Then again it's a pretty useless waste of time.


John
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Old 10-15-2015, 12:33 PM   #7
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We picked up our new Casita on Sept. 2. We have about 8000 miles and about 40 nights already in it. Every place we stayed we loved looking at those big beautiful rigs. One thing we noticed EVERY place we stopped, as we sat in our chairs outside our 17' Casita is those big beautiful rig owner were always working on something. They are pretty to look at but I love and will stick with my egg.
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Old 10-15-2015, 12:44 PM   #8
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Ah shucks! I could spend a lot of time judging how other folks spend their money; often family members. Then again it's a pretty useless waste of time.


John
Hi: John Linck... We have the next best thing to a fireplace. TV with a fireplace CD... but we prefer to sit outside and enjoy nature there. The bigger the RV the more folks spend their time inside it.
Alf S. North shore of Lake Erie
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Old 10-15-2015, 12:44 PM   #9
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I bought a FGRV because i wanted one, I could have bought anything I wanted but would have trouble using it and storing it and upkeep, so forth. I large MH would take up my whole driveway and hide my house. I looked at a 10 year older MH with 12,000 mi on it for $28,000 34` long. I passed B/C it just was not me. Carl
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Old 10-15-2015, 01:30 PM   #10
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I bought a FGRV because i wanted one ... I looked at a 10 year older MH with 12,000 mi on it for $28,000 34` long. I passed B/C it just was not me. Carl

We have the next best thing to a fireplace. TV with a fireplace CD... but we prefer to sit outside and enjoy nature there. The bigger the RV the more folks spend their time inside it.
Alf S. North shore of Lake Erie
I think most folks in this group would agree with you Alf and Carl. An indoor fireplace while camping is ridiculous. We spend most of the time outside anyway. "Camping" indoors just isn't us.

Nice woodwork you do Carl.

John
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Old 10-15-2015, 01:38 PM   #11
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But Whip is right. Different strokes for different folks. I don't criticize the Huge MH folks, it's just not for me. But at least they are getting out and seeing parts of our fabulously scenic country. Just not as up close and personal as some of us. Better than staying home glued to the boob tube.

Walt
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Old 10-15-2015, 01:57 PM   #12
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I think people approach RV's with several different motivations. Some folks like to stay in RV resorts and their tires never turn. Others boondock in remote deserts and mountains. Some pile in the kids and bikes, ATV's, canoes, golf clubs, geocaching gear, etc. YMMV or to each is own.

Currently we chase nature, mostly in National Parks and Forests. Who knows what we will choose next year though National Parks have been prime destinations for 55 years in my case. Thankfully FGRV's seem to fit most styles of rving some of which can even be called camping. Folks up here in the North even use rv's as ice fishing shanties. While that stretches even my broad idea of rving, It's all good.


John
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Old 10-15-2015, 02:11 PM   #13
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Thanks Walt. We love our Bigfoot, many miles all Western and Southern States including Alaska via the Alcan Highway and the Dempster Hiway to the Arctic Circle. In all that time we met some nice folks with big rigs. But, like you Walt it's not for us. It's much cozery in our Bigfoot and after 13 years it's set up just the way we like it. Also we still get plenty of folks admiring our rig. Not something that happens often to the non-FGRVs big or small.
What ever floats your boat.
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Old 10-15-2015, 02:23 PM   #14
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Thanks Steve. What size is your Bigfoot, and do you have any of the original manuals?

Not sure I'll be around long enough to do that Northwest stuff, but I'd sure love to. I've had several FG eggs over the past 7 years, and put 5,000-10,000 on them each year. Just a wonderful way to travel and see our country, and far more flexible than the biggies.

Walt
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