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Current and desired production numbers, new models?


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So I noticed that MontanaOliver has Hull 326, and Mark picked his new LEII up exactly a year after we got Hull 218.

 

That works out to exactly nine deliveries per month, on average. Does anyone know what is the target number of monthly production? Two per week sounds like a good goal to me, but how many of these trailers does Oliver want to crank out?

 

Will it affect the build quality?

 

Has anyone heard if they will expand the production line, perhaps offering a new model, or just more units of the current ones?

 

We are approaching the end of a huge and worrisome RV Bubble, and as gas prices start to climb back up towards $4.00, the bubble will burst and demand will plummet as it did in 2008. I sure hope the factory doesn't overextend.

 

Comments?

 

John Davies

 

Spokane WA

 

 

 

 

SOLD 07/23 "Mouse":  2017 Legacy Elite II Two Beds, Hull Number 218, See my HOW TO threads: 

Tow Vehicle: 2013 Land Cruiser 200, 32” LT tires, airbags, Safari snorkel, Maggiolina Grand Tour 360 Carbon RTT.

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I'm not sure what the overall production rate is, but I know when I tried in early March to schedule my pickup for June I had to go a week later than I wanted because all their slots (M - Th) were full. That may be a seasonal anomaly but just thought I'd throw out that data point.

 

When I placed my order in January Anita said their plan was to start up a third production line by this summer.

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2018 OLEII #344   |   2018 Ford Expedition

 

AZCACOGAKSMONMTNWYsm.jpg

 

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177AEFDC-4CE3-488B-9AA8-0053CE4CF2D4.jpeg.a56b2ae3481dfaf28903e5de412e29de.jpeg

 

Here again, the chart shows a spike beyond previous bubble highs which points to another crash. So add this indicator to trailing 12-month P/E, cyclically adjusted P/E, asset prices to GDP, and about a dozen other historically-reliable valuation measures that are now screaming “get out!”

 

https://www.silverdoctors.com/headlines/world-news/the-rv-indicator-is-flashing-get-out-of-the-markets-now-just-like-it-did-before-and-before/

 

John Davies

 

Spokane WA

  • Thanks 1

SOLD 07/23 "Mouse":  2017 Legacy Elite II Two Beds, Hull Number 218, See my HOW TO threads: 

Tow Vehicle: 2013 Land Cruiser 200, 32” LT tires, airbags, Safari snorkel, Maggiolina Grand Tour 360 Carbon RTT.

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To be fair, the precious metals folks are always screaming about how the end of the financial world is right around the corner, better buy gold/silver/platinum/etc. I know because for a while I was trading in it almost exclusively. 2008 - 2012 was glorious.

2018 OLEII #344   |   2018 Ford Expedition

 

AZCACOGAKSMONMTNWYsm.jpg

 

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Thank you so much for showing the graph on RV sales. Looking at the years, it didn't surprize me that the "Dynasty" 80's was a low sale period. IMHO, I remember those years as more indulgent as for as recreational dollars being spent...not that the economy was that great. The 90's were more family/nature/escape focused. Right after the new millenia lots of baby boomers were retiring and hitting the road. 2010, well the economy stunk and the price of gasoline and diesel was high. I don't remember the price of a barrel of oil, but it was high (if memory serves me). And as prices of fuel has gone down, you notice the last upward swing. RV sales seem to be cyclical, so perhaps sales are due to slump again. The 60's and early 70's crew are retiring and/or due to retire soon. Maybe that will have a positive affect, maybe not. Very interesting and enlightening to see how sales have fluctuated. With that said, I don't believe OTT will see a huge slump in sales in the coming years. Their reputation if fully established now and more travelers are understanding the benefits of fiberglass hulls. Those of us who are single or empty nesters want simple reliability with the perks of technology. OTT offers this and more. Only because my dream is to full time for a decade before settling down for my golden years, I would love a 25 ft OTT with a larger bath (can still be wet bath), a queen sized bed instead of king or skinny twin, and a propane stove and oven combo as preparing my own meals is a necessity health wise (for me). As I stated here before, I do know that many other manufacturers do fill the bill BUT they aren't OTT quality. Thank you again for the information. I just hope when and if OTT expands their production line, the still keep the focus on quality. More is only better if the quality is there.

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John,

We were at the factory mid April, Scott O. told us the target rate was 3 per week. We are scheduled to pick our #359 up 3rd week in July. Last I talked to Anita, they were extremely busy. Take that FWIW. But I wonder what the leading indicator is, seems plenty of unfilled jobs, plenty of $$ on the sidelines, and real estate is very strong... the end must be near, ha ha .

 

Cindy,  Russell and  "Harley dog" . Home is our little farm near Winchester TN

2018 Oliver Legacy Elite II - 2018 GMC 2500 Duramax 

"Die young - As late as possible"
ALAZARCACOFLIDMTNVNMOKORTNTXUTWAWYd56201

 

 

 

 

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