Andy Preikschat

PE, VC🌲investor, owner🌲Edgebrook, Don's RV Center

[Andy Preikschat @AndyPreikschat]

counting CWH and Blue Compass each as one company (despite many locations), we were #16 dealer in new sales volume in CA in 2024 (out of about 200 dealers)

[Andy Preikschat @AndyPreikschat]

U.S. RV unit shipments (per RVIA):
2024 333,733 +6.6%
2023 313,174 -36.5%
2022 493,268 -17.8% (no. 3 year)
2021 600,240 +39.5% (no. 1 year)
2020 430,412 +6.0%
2019 406,000 -16.0%
2018 483,700 -4.1%
2017 504,600 +17.2% (no. 2 year)

[Andy Preikschat @AndyPreikschat]

these stats are national and wholesale (mfg to dealer)...CA retail volume (just got the numbers today) was down in 2024: Travel Trailers -5.2% and Fifth Wheels -9.8%

[Andy Preikschat @AndyPreikschat]

a year ago, we became a Starcraft dealer…pleased to share that we are currently the #1 Starcraft dealer in CA (and #5 in the nation)

[Andy Preikschat @AndyPreikschat]

for almost 20 years, I was a picker of small cap stocks (stock fund manager 2003-2019, until I transitioned to private software deals).

now, I'm a "picker" of RV brands (INV manager for a $20+ M RV dealer).

[Andy Preikschat @AndyPreikschat]

@davidorr_31 Motorhomes are a different story...prices keep climbing due to rising chassis prices (Ford, Chevy)

[Andy Preikschat @AndyPreikschat]

U.S. RV unit shipments (per RVIA):
2023 313,174 -36.5%
2022 493,268 -17.8% (#3 year)
2021 600,240 +39.5% (#1 year)
2020 430,412 +6.0%
2019 406,000 -16.0%
2018 483,700 -4.1%
2017 504,600 +17.2% (#2 year)

[Andy Preikschat @AndyPreikschat]

@davidorr_31 Yes, for TT and FW, seeing 2022 as peak prices, 2023 5-10% lower, 2024 5-10% lower...RV prices finally coming back down to pre-COVID levels (mfgs held up pricing as long as they could, ha)

[Andy Preikschat @AndyPreikschat]

in the Great Recession (2008-2009), RV sales declined about -70% and about 30-40% of independent RV dealers and 30-40% of RV manufacturers failed...I'm wondering if this downturn will be roughly half as bad (15-20% of independent RV dealers and RV manufacturers fail)

[Andy Preikschat @AndyPreikschat]

motorhomes (A, B and C) down a lot y/y...growing headwinds for motorhomes, including that Ford and Chevy chassis prices jumped ~$7K for 2024 models

[Andy Preikschat @AndyPreikschat]

U.S. RV unit shipments (per RVIA):
2022 493,268 -17.8% (#3 year)
2021 600,240 +39.5% (#1 year)
2020 430,412 +6.0%
2019 406,000 -16.0%
2018 483,700 -4.1%
2017 504,600 +17.2% (#2 year)

[Andy Preikschat @AndyPreikschat]

U.S. RV unit shipments (per RVIA):
2022 493,268 -17.8% (#3 year)
2021 600,240 +39.5% (#1 year)
2020 430,412 +6.0%
2019 406,000 -16.0%
2018 483,700 -4.1%
2017 504,600 +17.2% (#2 year)

[Andy Preikschat @AndyPreikschat]

another Elkhart Open House completed…best highlight (for me) was a 2:1 tour of Highland Ridge (Open Range, Starcraft) by President/founder Randy Graber…and strolling Notre Dame campus

[Andy Preikschat @AndyPreikschat]

U.S. RV unit shipments (per RVIA):
2022 493,268 -17.8% (#3 year)
2021 600,240 +39.5% (#1 year)
2020 430,412 +6.0%
2019 406,000 -16.0%
2018 483,700 -4.1%
2017 504,600 +17.2% (#2 year)

[Andy Preikschat @AndyPreikschat]

RV parts and major vendors on the list: RVLock, Kenect

Trailer businesses on the list: American Trailer Rental Group, Portable Restroom Trailers

[Andy Preikschat @AndyPreikschat]

Don’s RV Center, the fastest-growing luxury RV dealer in California, is excited to be #3,242 on the Inc. 5000 (2023). Don’s RV celebrates nine years in a row of record sales.

[Andy Preikschat @AndyPreikschat]

Other RV businesses to make the Inc. 5000 list (2023): Campspot, Blue Compass RV, The Dyrt, Outdoorsy, Rollick