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Old 04-15-2019, 10:23 PM   #1
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Default Roadtrek has a buyer...

https://www.erienewsnow.com/story/40...dtrek-rv-brand
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Old 04-15-2019, 11:55 PM   #2
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Anybody know anything at all about this company or its products.

It is positive that it is still a family operation. Not that it worked out so well with the German family. Must hit the google...
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Old 04-16-2019, 12:07 AM   #3
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Rapido saved Westfalia from their disaster venture with Daimler Benz and Westfalia is doing well.

Daimler Benz forced Westfalia and WV marriage divorce. Short venture of VW and Winnebago didnít last and the VW van business unable to compete with the blooming SUV market ultimately pulled out from NA.

So, letís hope that Rapido will save Roadtrek as they did Westfalia.
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Old 04-16-2019, 03:47 AM   #4
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Rooting for them!
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Old 04-17-2019, 09:04 PM   #5
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Awesome news. Hope it all works out and they mention they will honor warranties. Maybe I should buy a lottery ticket tonight... my luck is changing.
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Old 04-17-2019, 10:55 PM   #6
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Rapido owns the Westfalia brand for nearly 10 years after they bought it out of bankruptcy. They have bought a number of other small rv companies in Europe. They said they planned to reopen one plant and eventually produce as many as 1000 units annually.
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Old 04-18-2019, 10:08 AM   #7
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So who is going to pay for the warranty work on existing roadtreks? The buyers of the new 1000 a year roadtreks?
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Old 04-18-2019, 02:05 PM   #8
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Of course revenue from current customers pays for the warranty work for past customers and they will ultimately pay for the purchase and all its associated costs as well. There is no free lunch.

Someone suggested that the most likely scenario is that Rapido will pay a third party insurer to cover the warranties. That removes warranty holders from the list of Hymer NA's creditors.
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Old 04-18-2019, 02:12 PM   #9
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Quote:
Originally Posted by Bud View Post
So who is going to pay for the warranty work on existing roadtreks? The buyers of the new 1000 a year roadtreks?
Obviously Rapido is going to pay, but just for those Roadtreks purchased before Feb 15. Those who purchased after... at 25-40% of MSRP will likely not be covered, since their prices excluded the warranty presumably. There will be whining... (though many - even most understand that difference and will be happy with the simplified access to parts)

Another group not covered are all the buyers of the units branded Hymer, which are not included in the purchase. This rather leaves all of them out in the cold. Realistically most all of them are not expecting Thor to do anything for them.

The expectation is that the new Roadtreks will not have the same generous warranty that those of us who purchased since 2015 have.
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Old 04-18-2019, 02:36 PM   #10
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I think that if Rapido is as smart and aware of the the market as they appear to be, they will either do a one time insurance expenditure for the warranties as has been mentioned or they will take the money out of cost of the purchase fund. Although none of this would matter to the warranty customers, putting the costs of the past warranty costs into their pricing formula for the new products could skew their pricing excessively and hurt competitiveness. Better to start clean in this, I think.


Of course, all customers that bought from Rapido in the past and future, will be paying for the warranty indirectly as the funds would come from past and future profits, but I don't think they would want to heap all that on only the future Roadtrek customers
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