Journey with Confidence RV GPS App RV Trip Planner RV LIFE Campground Reviews RV Maintenance Take a Speed Test Free 7 Day Trial ×
 
 


General Hi-Lo camper discussion The perfect place to discuss your Hi-Lo camper
Reply
 
Thread Tools Search this Thread Display Modes
 
Old 01-28-2011, 07:53 AM   #1
Moderator
 
RichR's Avatar
 
Join Date: Feb 2010
Location: NW PA
Posts: 3,386
Default Another Icon in the RV world closes it doors

Coleman Folding Trailers closed their doors on Wednesday.

Somerset plant shutting Local News The Tribune Democrat, Johnstown, PA

The sad part of this for me is that my Hi-Lo dealer friend is also a Coleman dealer. They were his lifeline. We bought our first Coleman camper from him in 1979. Five Coleman popups and two Hi-Lo trailers later we are still great friends. He has really had the carpet pulled out from under his feet.
__________________

RichR is offline   Reply With Quote
Old 01-28-2011, 11:19 AM   #2
Site Team
 
JackandJanet's Avatar
 
Join Date: Jul 2010
Location: Pine, AZ
Posts: 4,524
Default

Yow! I wonder if people are buying "used" rather than "new" and that's what's caused the market turn-down in this size trailer? And, people with "big bucks" always "buy new" (and weren't effected by the economic turndown anyway)?

- Jack
__________________

__________________
Hi-Lo 1707T - Tire Minder TPMS on Tow Vehicle and Trailer, 300W Solar Battery Charger, Equal-i-zer WDH, Progressive Dynamics Converter, Fan-Tastic Fan, LiFePO4 battery 12V DC Electrical System
2014 F150 Platinum 4x4 3.5L EcoBoost SCrew
JackandJanet is offline   Reply With Quote
Old 01-28-2011, 11:45 AM   #3
Senior Member
 
sting32's Avatar
 
Join Date: Aug 2010
Location: Salina, KS
Posts: 256
Send a message via Yahoo to sting32
Default

JackNJanet,

It doesnt take a Rocket Doctor, to see the writing on the wall... selling used or new, with gas expected to be in the $5 gallon range by xmas '11... Everything keeps going up in price. Hell a bottle of pop was under 1.00 2 years ago, now over 1.50. My wages cant even cope with that, let alone electricity, trash, water, taxes...

IMHO, Nobody will be doing JACK SQUAT, no camping, nothing. They closed the doors to stop the money losses due to nothing selling, because I think people more like me see, it wont be something we can afford.

Hell, I am lucky to bought mine cheap and used, if I had a $25,000+ version and making payments on it, I would be screwed.

I dont know about you, but in my "below or very bottom of middle class" income, has not even kept up with inflation, for 3+ years now... sigh.
__________________
From Kansas: 29ft '95 5th, converted to toybox in rear, by Hilo. Pics soon, Some Here.
sting32 is offline   Reply With Quote
Old 01-28-2011, 04:44 PM   #4
Senior Member
 
Join Date: Mar 2010
Location: Short Gap WV
Posts: 110
Default

This is less than an hour from me. Our entire region is getting hit hard by the economy but the President says things are improving. I just don't see it. $5 gas will prob put me out of work as an Auto Tech and I can't afford the gas to get to work at that. What a mess.


wvjeepr
__________________
9421FLL
1996 Jeep Grand Cherokee (RIP old friend)
2004 Jeep Grand Cherokee 4.7L V8
wvjeepr is offline   Reply With Quote
Old 01-28-2011, 05:06 PM   #5
Senior Member
 
vannooch's Avatar
 
Join Date: Jul 2010
Location: Greensburg, PA
Posts: 345
Send a message via Skype™ to vannooch
Default

I'm an hour from there as well, I was looking at a niagra or avalon when I bought my hilo this past summer, two years ago I almost bought a new niagara up at Super City.
I really liked them but thought packing up a wet pup would be even worse that packing up my wet coleman 7 man tent.
I bought used just for the reason of paying cash and avoiding a payment, I couldn't justify taking on the payment with the current economy. I know when I was looking last summer used trailers were going like hot cakes, dealers couldn't keep them on the lot if they were in decent shape.
Hopefully I will be able to afford to tow it this year.
vannooch is offline   Reply With Quote
Old 01-28-2011, 05:09 PM   #6
Moderator
 
RichR's Avatar
 
Join Date: Feb 2010
Location: NW PA
Posts: 3,386
Default

One of the problems that potential buyers are encountering is not being able to obtain loans. Banks aren't as eager to give out money like they did three years ago. Both new and used RVs are affected by this. My credit union RV loan rate is 9.9%.
RichR is offline   Reply With Quote
Old 01-28-2011, 05:11 PM   #7
Senior Member
 
vannooch's Avatar
 
Join Date: Jul 2010
Location: Greensburg, PA
Posts: 345
Send a message via Skype™ to vannooch
Default

Yes that's true.
vannooch is offline   Reply With Quote
Old 01-28-2011, 09:06 PM   #8
Senior Member
 
Join Date: Oct 2010
Location: San Bernardino, Ca.
Posts: 224
Default

Coleman itself isn't going out of business. They have licensed the pop up trailer line to a private company that has folded up. Last I heard, Coleman was trying to reach their contacts in the company but so far, had been unable to.
Fireballsocal is offline   Reply With Quote
Old 01-29-2011, 08:36 AM   #9
Moderator
 
RichR's Avatar
 
Join Date: Feb 2010
Location: NW PA
Posts: 3,386
Default

That's right. Coleman licensed their name to be used on the trailers and in no way owns the factory. I heard that they got $100 per trailer.
RichR is offline   Reply With Quote
Old 01-29-2011, 09:09 PM   #10
sam
Senior Member
 
Join Date: Mar 2010
Location: Niagara Falls,NY
Posts: 4,048
Default Colemaqn trailer co. closing

We just came back from a rv show in Hamburgh,NY.About 100 trailers with 8 of them sold.Several used trailers had been sold. Most of the RVS were light versions. Had to chuckle at the claim that most of them could be pulled by a
half ton truck. Every single interior had brown couches,brown carpet and brown
in the wallpaper. No wow factor to the interiors. I will take my sturdy wow
interior Hi-Lo classic over a new rv any day! The big new thrill was exterior
kitchens and exterior entertainment centers. Mayber we will all be camping
close to home or taking staycations. Our personal economic situation has
gone downhill with the recession. Many states and the federal gov. are in
great deficit. A scary time but we still sleep well at night.
sam is offline   Reply With Quote
Old 01-30-2011, 08:14 AM   #11
Senior Member
 
Join Date: Mar 2010
Location: Short Gap WV
Posts: 110
Default

I love my paid for Hi Low and will not be buying anything new in the near future. The economy is terrible we are renting a lot on a local river and the HI Low stays there. 20 min. drive time each way so I guess that is a staycation of sorts. Enjoy the summer wherever you go.

Harry
__________________

__________________
9421FLL
1996 Jeep Grand Cherokee (RIP old friend)
2004 Jeep Grand Cherokee 4.7L V8
wvjeepr is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Featured Campgrounds

Reviews provided by

Powered by vBadvanced CMPS v3.2.3
Disclaimer:

This website is not affiliated with or endorsed by Hi-Lo Trailers Worldwide or any of its affiliates. This is an independent, unofficial site.


All times are GMT -5. The time now is 09:57 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
HiLoTrailerForum.com Copyright 2010
×