Nice basic camper on Ford Transit

[Viperml]

Seems like a nice basic camper van.
From one of my favorite channels on Youtube.

https://www.youtube.com/watch?v=rsM7NP0Bz30

[Jon in AZ]

Originally Posted by Viperml

Seems like a nice basic camper van.

$135K for a "nice, basic camper van"? On a $45K gas chassis?
https://www.tfltruck.com/2019/08/thi...ts-kind-video/

Another niche offering.

[GeorgeRa]

Basic indeed, no hot water, no toilet, no solar, no innovation but juicy price. But it will sell because it is cheaper than some than other ones and you can take a 20 years loan.

[bigfelipe]

I can't see them selling many. $90k for that upfit? Yeah right. There's some nice stuff in it but it's very limited. Of course I think my van is absurdly overpriced too... Lol...

[Roadtrek Adventuous RS1]

Originally Posted by GeorgeRa

Basic indeed, no hot water, no toilet, no solar, no innovation but juicy price. But it will sell because it is cheaper than some than other ones and you can take a 20 years loan.

You think?? Really cheaper?

Watching this video made me feel a lot better about my Sprinter 3500 with features like a full bathroom/shower, generator, solar panels system, dual rear wheels, house air conditioning , 5,000 pound towing capacity, 2,600 pounds payload capacity, diesel-powered engine and 19 MPG.....

Pretty much everything this doesn't have...I can't see the value of spending $135,000 on this "nice " transit van?

What's so nice about it?

I thought I overpaid for my rig used two years ago, but, now, I know I didn't..

A 20 year loan...you could easily pay over $75,000 more in interest...I wouldn't call this a sales point...

[GeorgeRa]

Originally Posted by Roadtrek Adventuous RS1

You think?? ...............

Yes, I think.

[Ron J. Moore]

Now I know why I like my 210. I hear him pushing you can finance it like a home....so he is selling payments, and to some that is a good thing. Ron

[Roadtrek Adventuous RS1]

Originally Posted by GeorgeRa

Yes, I think.

Go ahead and tell me you think this $135,000 plus 20 years interest is a good deal.....Yes or No....

I'd like to hear what you really think....

I would expect you not to be particularly impressed by the features..? Maybe I'm wrong?

[Roadtrek Adventuous RS1]

Originally Posted by Ron J. Moore

Now I know why I like my 210. I hear him pushing you can finance it like a home....so he is selling payments, and to some that is a good thing. Ron

They don't care about anything else.... they're going to make a killer profit margin on this..... And, it won't last 20 years.... without a lot of extra money.....

[GeorgeRa]

Originally Posted by Roadtrek Adventuous RS1

Go ahead and tell me you think this $135,000 plus 20 years interest is a good deal.....Yes or No....

I'd like to hear what you really think....

I would expect you not to be particularly impressed by the features..? Maybe I'm wrong?

I believe this van at this price is ridicules. It would be OK at $40K.

[Ron J. Moore]

Interesting...I just read the weekly RV Travel News and they were talking about how Marcus Lamonis, CEO of CW, who sold this 20 year financing to Wall Street - saying they would make a killing....so true! And that family that buys a low-end travel trailer, gets the twenty years, low payment - and it becomes useless after about three to five years.....lots more payments coming due.

[Roadtrek Adventuous RS1]

Originally Posted by Ron J. Moore

Interesting...I just read the weekly RV Travel News and they were talking about how Marcus Lamonis, CEO of CW, who sold this 20 year financing to Wall Street - saying they would make a killing....so true! And that family that buys a low-end travel trailer, gets the twenty years, low payment - and it becomes useless after about three to five years.....lots more payments coming due.

You are not going to believe this.... but, it's probably mostly true.... I can believe it..... unfortunate and sad...

Part 1-

https://youtu.be/VYsPcwJt4BQ

Part 2-

https://youtu.be/EnswJS2hhfg

You know that Camping World had been in the news lately and it's not good......

https://rvmiles.com/is-camping-world-going-bankrupt/

All of this is really terribly unfortunate and unnecessary...it hurts everyone......

Yes.... they are selling just for the financing...

Here is the takeaway on this....if you walk into a Camping World and want to pay all cash...no finance charges, they will not pay attention to you..... Listen to the whole you tube videos....

[GeorgeRa]

Originally Posted by Ron J. Moore

Interesting...I just read the weekly RV Travel News and they were talking about how Marcus Lamonis, CEO of CW, who sold this 20 year financing to Wall Street - saying they would make a killing....so true! And that family that buys a low-end travel trailer, gets the twenty years, low payment - and it becomes useless after about three to five years.....lots more payments coming due.

Camping World and Sears seems as under the same management school of 3 priorities, money, more money, and much more money.

[Jill Ellis]

Originally Posted by Ron J. Moore

Now I know why I like my 210. I hear him pushing you can finance it like a home....so he is selling payments, and to some that is a good thing. Ron

Hi Ron, well said. same issue happened with me! !!

[RossWilliams]

This is the same thing that created the housing crisis last decade. The wall street folks take these loans, bundle them up into securities and sell them to mutual funds. A lot of the folks that took the loan will feel obligated to pay off their debt, at least if the alternative is bankruptcy, and everyone else will take the money and run.

[chet]

Originally Posted by GeorgeRa

I believe this van at this price is ridicules. It would be OK at $40K.

The wife and I just purchased a used 08 road trek 190 for around 30k. We’re new to RV’ing but so far it’s been working fine. On the Mississippi,Illinois side and everything on the house side is ok. Engine has high mileage but is running fine so far; only put about 1500 miles on it . I really like this forum-get lots of info from you folks!!

[dougbaty]

8/22/19 My 2cents on the Summit Adventure:
OK, I'll need more than that to buy this conversion, but RV list prices are sky high so they can have 'sales' and discount off season. Still expensive, but good quality for what is there.

Ignoring price, the seat tracks allow it to be used for either passenger or freight, with a wide passthru and lots of floor space. As such, it makes a good travel van for a family with a handicapped kid. However, it is hard to travel without a bathroom.
DougB