Smaller dealers reported their inventories of new RVs were up almost 7% as of last April 30, but their revenue from the sales of new RV units was down about 3%, according to consultant firm the Spader Companies.
The Spader firm defines smaller RV dealers as being those with less than $5 million in annual sales revenue.
It found the average smaller dealer had a new RV unit inventory valued at $1,092,768 as of April 30, up 6.8% from $1,023,646 as of April 30, 2000.
Meanwhile, the average smaller dealer’s new RV unit sales revenue declined 3.1% during the first four months of this year to $642,479, compared with $663,107 during the first four months of last year.
The average smaller dealer lost a total of $8,227 during the first four months of this year, slightly less than the average loss of $8,489 reported during the first four months of 2000.
Here are more highlights from the Spader report about smaller dealers:
The value of used RV inventories increased 2.4% to an average of $226,859 as of last April 30.
The value of new and used RV inventory was up 6% to an average of $1,319,628 as of April 30.
Used RV sales revenue increased 2.5% during the first four months of this year to $214,638.
Total dealership sales revenue increased 0.4% during the first four months of this year to $1,053,183.