General Interest == Why RV Sales Are Growing == CNBC video

MuttonChops

Found this surfing YouTube.
Was interesting and informative on what it covered.
Enjoy

Why RV Sales Are Growing

https://www.youtube.com/watch?v=Wx3eElgY9aE 

p21usa

Very interesting! Thanks for sharing.

johnfconway

Interesting. Wish they went deeper into demographics of buyers. Thought it was predatory when entry level cars were peddled with 7 year loans. Have to wonder when day of reckoning arrives with 12 year RV loans at 2%+ higher interest rates than autos has predictable impact. That and relatively high cost of ownership due to maintenance and repairs. It's not fun being a wet blanket over an otherwise decent video.

AirBoss

Anecdotally I've been told by folks in industry many of new owners are 35-50 demographic. 

And given the buying trends these days, one would think it may be a buyers market in a couple years or so 

Denny16

Yes, RV sales seem to cycle, up and down, right now it is a sellers market with the high demand.  

Cheers

jkjenn

AirBoss said:

Anecdotally I've been told by folks in industry many of new owners are 35-50 demographic. 

And given the buying trends these days, one would think it may be a buyers market in a couple years or so 

Yes, that is what I am seeing, anecdotally, too. 

I think we will see a lot for sale in about 2-3 years.

MuttonChops

An this audio story from NPR

Not Flying This Summer? Many Americans Are Hitting The Road — In RVs

https://www.npr.org/sections/coronavirus-live-updates/2020/08/02/894354280/not-flying-this-summer-many-americans-are-hitting-the-road-in-rvs

Verna

Now, here’s another sign of the times. I just got back from a round trip to Indianapolis (70 miles round trip, more or less) and my route went past at least 10 new auto and truck dealers. Their sales lots, new and used look like they are social distancing their vehicles from each other!  The lots are sparse with new and used vehicles. This is both cars and trucks!  WOW!