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New RV unit inventories were larger, in dollar terms, at bigger dealerships as of June 30 than was the case a year ago, according to consultant firm Spader Business Management.
However, new RV unit inventories were marginally smaller as of June 30 at mid-size and smaller dealerships, the Spader firm also reported.
At dealerships with more than $10 million in annual sales, new RV unit inventories were valued at $4,334,625 as of June 30, a 5.8% increase over the $4,090,900 in new unit inventory they carried last year.
At mid-size dealerships – those with between $5 million and $10 million in annual sales – new RV unit inventories were 0.2% smaller as of June 30. Mid-size dealers’ new unit inventories were valued at $2,054,625 compared with $2,057,981 in 2003.
At smaller dealerships, defined as those with less than $5 million in annual sales, the value of new RV unit inventories declined by 0.9% to $1,065,265 as of June 30, compared with $1,075,346 a year ago.
Concerning the used unit market, only the mid-size dealers carried smaller inventories as of June 30, the Spader firm reports.
The value of mid-size dealers’ used RV unit inventories declined by 5.3% to $407,014, compared with $429,585 a year earlier.
However, the value of used RV unit inventories expanded by 5.9% at the larger dealerships to $1,002,736 as of June 30, compared with $947,217 in 2003.
At smaller dealerships, the value of used RV unit inventories grew by 7.5% to $210,484 as of June 30, compared with $195,786 a year earlier.