Holy crap!!! I figured that they didn't come cheap, but wow.My brother just bought a used 2010 $50k 5th wheel and get this he actually got a 30 year loan. In answer to your question, no they are not paid off and they likely will be trading it in before the loan is even paid off. I honestly can't wrap my head around why take such a huge loan on a toy you may use about six times in a season unless your retired and your using it nearly full time.
In 2021, we briefly entertained the idea of buying a brand new pup. The ones we saw were about $16K. For a POP UP. Let's just say that we went with a used Jayco for less than $5k.