Smaller RV dealers carried significantly bigger new unit inventories, at least in dollar terms, during the first quarter, according to dealer consultant firm the Spader Companies.
The smaller dealers, which the Spader firm defines as having annual sales revenue under $5 million, carried new unit inventories valued at an average of $1,107,424 during the first quarter. That is 10.8% more than the average of $999.472 carried during the first quarter of 2000.
Meanwhile, larger dealers, those with more than $5 million in annual sales, carried new unit inventories that were 1.8% smaller during the first three months of this year, the Spader Firm reports. The average larger dealer carried a new unit inventory during the first quarter of this year that was valued at $2,862,311, compared with $2,914,501 a year earlier.
Smaller dealers carried used unit inventories that were 1% smaller during the first quarter of this year, according to the Spader firm. The average smaller dealer’s used unit inventory was valued at $230,916 during the first quarter of this year, compared with $233,161 a year earlier.
Larger dealers reduced their used unit inventories by 2.4%, the Spader firm reports. The average larger dealer’s used unit inventory was valued at $656,958 during the first quarter of this year, compared with $672,834 a year earlier.