RV Industry Going Strong

Record-setting attendance at RV shows and strong first quarter sales figures indicate that while the rest of economy may be suffering, the RV industry is going strong. People who are looking for RV bargains know a good deal when they see one. Not only do RVs provide inexpensive travel options and living accommodations, but right now both the new and used RV markets offer superior bargains.

Those nice government incentives for RV owners just sweeten the deal. The federal stimulus package allows new RV owners to deduct sales or excise taxes on the first $49,500 of a new motorhome purchase. Many RV buyers are also able to deduct their loan interest on their federal taxes as second-home mortgage interest. Incentives to purchase an RV have never been better. If you’ve ever considered owning an RV or upgrading to a bigger model, this is the time to buy and sell!

Industry watchers report that 18- to 34-year-olds embracing the RV lifestyle for the first time make up the fastest growing RV owner population in the U.S. RV ownership lends itself to their active, outdoor lifestyle and their love of travel. Owning an RV allows you to take a weekend escape or mini vacation on the spur of the moment. No airline schedules to deal with, no high-priced hotel fees to pay. Just rev up the RV and you’re on your way! It’s a lifestyle that’s as appealing to free-spirited young adults as it is to busy families and retirees. With years of quality RV ownership ahead of younger owners, their early desire to adopt an RV lifestyle bodes well for the future of the industry.

If you’re looking to buy or sell an RV, RVT.com is the North American leader in online RV sales.