Camping World – Are they on the verge of bankruptcy? If you are an RV’er like me, you probably know about or have heard of Camping World and, like my wife and I, you may have shopped there from time to time. After all, they have a great selection of RV accessories, (pretty much everything you would need OR want for your RV), and they have a pretty good line-up of RV’s as well.
This post is not about the accessories part of the company. I think they sell some pretty nice quality stuff at reasonable prices.
It’s the other side of their business that concerns me, the RV side and the practices they employ that are causing a lot of bad reviews and, what I and many others would call shoddy and almost criminal practices, when it comes to how they handle their customers who are interested in buying an RV or need service for those RVs
I hesitate to even go in this direction, but, I’m seeing and reading some things on the internet that would suggest that the Camping World some think they know, may not be that at all.
Now, please don’t get me wrong, I love Camping World. I am NOT a hater of the company and I don’t want to see them disappear but, I am shocked and surprised by what I have been reading and watching in YouTube videos I have watched recently… and it’s not good.
In this post, I want to share with you what I have learned and I will also give you links so that you can check it out for yourselves and make your own decision.
I mean, we’re talking about probably THE biggest RV retailer and store in The United States and IF they are really doing the things that people are complaining about and making YouTube videos about, then I really need to put my hand to the keyboard and let people know about it.
Others are doing the same and I just feel the need to reach out to whomever I can reach and let them know what’s going on.
So here goes. My heart is already beating faster.
Watch This Before You go any Further
Well? What do YOU think? Is this real or fiction. I think it’s real and this is only one example of what is apparently happening to many people who buy RV’s from Camping World.
Harry takes his E-Bay ad to Camping World hoping they will match Cheyenne Camping Center’s price on a particular $12000 Travel Trailer and they convince him to go to a Camping world in Iowa, that they will match the price and can even provide financing. Harry wanted to pay it off a few months later but now he owes over $20000. Did Harry get ripped off?
And then, the interview with Tom. Listen closely. Stop the video and check the comparison chart. With all the extra charges, including the higher interest charges, Tom would have paid $10,359 more at Camping World than he would have paid at Cheyenne Camping Center. Do you think this is right? No reflection on Tom but it’s a good thing he had a wife whose eye’s and ears were wide open.
Tom would have been paying for his trailer for 12 years? And they even tried to get them to buy into an extended warranty which would have added another $5000 to the cost of the trailer?? When you compare that to the average car loan repayment plan (about 6-7 years), something is wrong here.
Does Camping World get a kick-back from the bank/loan company???
One more example: Dick tries to buy a Jayco from Camping World. He wants to pay the full price by check and they say “NO” and they want to charge him more if he pays cash. I definitely don’t understand that. Seems to me that money in the hand, all the money in the hand would be the best-case scenario for a dealer don’t you think?
The “Truth in Lending Act”, which came into being in 1970, prohibits the practice of one price for cash and another for credit. So how is it that Camping World is getting away with this??? AND, apparently Camping World does this with all their RVs and they don’t seem to care about the law.
Just Google “Camping World Reviews” and you will see a list of places to check out.
What About Good Sam Roadside service?
Well… it sounds like it’s not any better for a lot of people. Here are a couple of examples.
This person says:
I contacted Good Sam on 4/12/19 to have my motorhome towed. Since it needs a specific kind of tow truck, they said they would need time to find me one and call me back.
NOTHING. Then I called back several times, each time being put on hold for 15-45 minutes. In May, they said they apologized and said they would get right on it. NOTHING.
So now I call the beginning of June. I’m on the phone (mostly transfers to other departments, long hold, and horrid music leading to static and dropped calls) for five hours. Promises by three people to call me back. NOTHING.
(You guesses that, didn’t you?). And today, I get an email from “Mike” (no last name or department) telling me to call Customer Service. You’re kidding, right, Mike? NOTHING HAS BEEN DONE FOR TWO MONTHS and they told me yesterday that towing my motorhome under the Platinum plan or Roadside Assistance is NOT COVERED.
I was told to spend $$ out of pocket first and submit a claim form to see” if they would reimburse me.
Product or Service Mentioned: Good Sam Club Customer Care.
Review #1553459 is a subjective opinion of PrudentDesertTortoise.:
I purchased a new wilderness camper at camping world of Knoxville Tn. in 2016, I took it in for major repairs(DUE TO DEFECTS NO FAULT OF MY OWN) on oct 6th 2018 was told it would be ready in two weeks and should be covered by good sams warranty with no problem due to the severity of the damage WRONG !!!!!!!!.
Good Sams (who will be referred to as BAD SAMS ) from hear on out refused to pay for the repairs this insurance Is WORTHLESS DO NOT GET SUCKERED INTO BUYING IT!!!!! I have to say the service tec. has really tried to help, Spent hours on the phone with BAD SAMS trying to convince them that this was a major repair and they need to man up and do what they say they will in there sales pitch. SO, here we are almost four months to the day still no word from no one on anything ??
How do you people at bad sams lay down and sleep at night being as dishonest as you are?
I hope that anyone who reads this will think twice before purchasing this UNUSABLE PLAN! And if you do purchase it after reading this and all the other countless BAD reviews, then all I can say is you will get what you deserve.
Product or Service Mentioned: Good Sam Club Rv Warranty.
Reason of review: Warranty issue.
Monetary Loss: $40.
Preferred solution: Let the company propose a solution.
Review #1457559 is a subjective opinion of PissedConsumer1457559.
You can read more reviews like these ones at this link: https://good-sam-club.pissedconsumer.com/4/RT-P.html
I Could Go On And On
Yes, there are some positive reviews about Camping World and The Good Sam club as well but the bad reviews seem to FAR OUTWEIGH the good. And that’s just a couple of the companies that are owned by Marcus Lemonis.
In the link I provided just above, it doesn’t seem to matter which company you click on, the complaints are the same.
How does the CEO of a company not get the message that something has to change when there are so many bad complaints about many of his holdings. Come on Mister Lemonis!! You need to look after the customer. YOU need to make this right. YOU need to stop thinking about the money and start thinking of ways to give these people the service and respect they paid for.
I was totally unaware of any of this until the video I watched up at the top of this post. There is a lot of this stuff out there.
One more thing before I wrap this up. I’m not an expert in the stock market nor have I ever invested in the stock market but I know that Camping world is selling shares on the U.S. stock exchange so I thought I would have a look and see what I could find. What I discovered wasn’t good.
Camping World Holdings Inc. stock hit the market in October of 2016 and opened at $22.50 USD. It did well in the first year or so, rising to a maximum of $46.08 on December 8, 2017, before the price per share started to drop. It has been dropping ever since and now sits at $8.91 as of August 9, 2019. I personally think it has something to do with all the not so good stuff that been happening. Today, August 12, it closed at $8.44.
Since Camping World released their financial report for the last quarter stock prices have continued to decline. They took a huge drop a couple of days ago on August 8th.
If you need more, here’s a link to a report from The Motley Fool with more details:
In an April 15, 2019 youtube video by “The RV Show USA” it was announced that it was looking like there was more bad news for the owner of Camping World and some key investors. There are apparently more than a dozen “Class Action” lawsuits filed against them for their alleged “Pump and Dump” practice they did that made the owner Marcus and a few others very rich. You can hear about it here.
Here is a short definition of the term “PUMP AND DUMP”: denoting the fraudulent practice of encouraging investors to buy shares in a company in order to inflate the price artificially, and then selling one’s own shares while the price is high.
Good Sam Extended Service Plan
If you are a holder of a Good Sam ESP, you have been charged way too much and you can cancel it and get a full refund of the unused premium. But you’d better do it before it’s too late.
Here’s the link to the step-by-step instructions on how to get your refund.https://s3.amazonaws.com/files-ccc/Go…
Wrapping it up
I’m sorry, I did go a bit on and on but this is very important. I’m not the kind of guy that wants to poke at anyone or cause an issue with anyone but, if Camping World is doing this stuff, and I believe they are, after all the evidence is everywhere, then someone has to say something and lots of people already are. They are getting the message out there.
I’m just one more small voice. But if we, the small voices, get together I believe we can make a change. It happens all the time.
Marcus Lemonis does not treat people with the respect they deserve. These customers come to his companies expecting to be treated fairly. They pay his bills, they support his company and he gives them poor service and high-interest rates for up to 20 years on some of these big motorhomes to show his appreciation? Many of these buyers are going to be in negative territory for a very long time.
He even went so far as to tell Trump supporters not to bother shopping at his stores. Is that good business when your business ISN’T DOING GOOD BUSINESS?
If he continues to behave the way he has in the past, with no respect for the people that keep his business going, then his business isn’t going to go anywhere and a lot of people are going to be out of a job.
Sadly, some of these people are supporting his tactics. Others, who have scruples, have left or been fired from that company because of those tactics and Marcus’s unwillingness to change.
I really like Camping World and I would like to keep shopping there but I have a feeling I won’t be able to do that in the, not too distant future. I was even thinking of joining their Affiliate Program. That’s how much I like their store.
Anyway, folks, watch the videos, do a Google search, read the reviews and let me know what you think. Am I right? Drop me a comment down below and tell me if you’ve had any dealings with Camping World. Was it good? was it bad/ Was it horrific? I’d like to know.
If you’re an Affiliate for Camping Worlld let me know if there have been any issues getting paid by them.
In the meantime, I hope you have or are having a great camping season and please, be safe out there,
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