RV Sales: The Current Trends

 

current trends in RV sales

RV ownership in the U.S. has never been higher!  The number of RV-owning households grew to to 8.9 million in 2011, up from 7.9 million in 2005, meaning that 8.5% of U.S. households now own an RV.  “The data indicate that the basic appeal of the RV lifestyle remains as strong as ever.  Consumers want to enjoy the same cherished experiences of RVing while staying within new budget constraints”, said Dr. Richard Curtin, (RV industry analyst and director of consumer surveys at the University of Michigan) who conducted the survey.

The RV industry is responding to consumers’ needs with products offering the sizes, weights, amenities, pricing and floorplans that people want.

39% of RV owners have children under 18 living at home, according to the survey.  Many of them have found that the newer, lighter travel trailers offer a great opportunity to enjoy the RV lifestyle with their families.  People often already have vehicles, such as SUVs and small pickup trucks, that can tow these trailers.  Monthly payments on trailers can be as low as $160 and fuel economy has improved with towing the lightweight trailers.  The average age of towable owners has gotten younger, partially due to these factors.

Slide-out rooms, which became available in the 1990s but really took off in the 2000s have impacted almost every style of RV.  They started with motorhomes and 5th wheels, but now smaller trailers and even some pop-ups have slide-outs.  They give RVs more space without impacting driveability.

RV owners aged 35 – 54 posted the largest gains in RV ownership rates, rising to 11.2% in 2011 from 9% in 2005.  Ownership also edged higher among those 55 or older, rising to 9.3% from 8.6% in 2005.  A record number of baby boomers are traveling by RV for many reasons.  An excellent article is:  “Why Is RV Travel So Popular With Baby Boomers?”

The revolution in consumer electronics has also drivin up RV sales.  Flat screen TVs don’t take up much space and are highly functional for RVs.  Satellite TV systems for RVs have made it easy to feel at home in an RV and catch favorite sporting events, movies and shows.  Surround sound is available.  RV galleys now come with the latest appliances such as glass stove tops and residential size refrigerators.

Today’s RVs are built better and are easier to use.  Many things are at the push of a button, AC systems have improved, interior decorating has improved, floorplans are better and storage has improved.  Experienced RV buyers are more willing to invest in a luxury RV because they’re sold on the RV lifestyle.

In the last 10 years, toy haulers (trailers) have become more popular, especially with people transporting bikes, ATVs and other sporting equipment.  Motorcycle enthusiasts also travel with their bikes in toy haulers.  They have grown in appeal because they are so versatile.

People are finding many uses besides camping for their RVs.  RVs are popular for dog and cat shows, horse shows, flea markets, art festivals and traveling with pets.  In fact, many people buy RVs specifically to travel with their pets, and most campgrounds allow pets.

Financing an RV has gotten more stable in the last couple of years.  Customers who had difficulty with financing a couple of years ago should try again.  RV dealers are the best source since they work with multiple lenders to find customers the best rates.  Even those who can pay cash may want to finance to get the second home mortgage tax deduction.

People who haven’t looked at RVs for a while will be amazed at the innovations and how manufacturers have made RVs so much more livable and drivable!

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Motorhomes vs. Travel Trailers: The Basic Differences

 

Travel Trailers

  • Trailers are less expensive, generally, than motorhomes.  You can buy a new travel trailer for under $10,000.
  • Trailers are less expensive to maintain than motorhomes.
  • If you have a tow vehicle, you’re halfway there; you only need to buy a trailer.
  • Once you park and unhitch the trailer, you have the use of your vehicle.
  • If your vehicle is being serviced, you still can camp in the trailer.
  • The entire interior of a trailer is usable living space.
  • Passengers can’t ride in a moving trailer.
  • Trailers have to be hitched up and unhitched.
  • Trailers have to be hooked up to electricity to use the appliances and air conditioning. Or, you can carry a portable generator.
  • Toy hauler trailers have a ramp and storage room for bikes, motorcycles, etc.  The ramp can also make the trailer wheelchair accessible.
  • The tow vehicle for a large trailer or 5th wheel can be expensive and make the overall cost similar to that of a motorhome.

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Motorhomes

  • Passengers have the use of the kitchen, bedroom, bathroom, etc. while traveling, although it’s recommended that they be seated with seatbelts fastened.  Certain satellite TV dishes provide TV service while a motorhome is being driven.
  • Motorhomes have generators, so the appliances and air conditioning can be used without hooking up to electricity.
  • Motorhomes are more expensive than travel trailers.  New motorhomes can start at less than $50,000.
  • A motorhome can tow a car, motorcycle or boat.
  • If you’re camping in a motorhome and the weather is bad, you don’t have to go outside to access the living space.
  • If a motorhome has to be repaired, you may have to find other accomodations.
  • Motorhomes are more expensive to maintain than travel trailers.
  • Some people prefer driving a motorhome over towing a trailer.

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Reines RV Center’s Presidents Day Sale!

 

Reines RV customers

Reines RV Center’s annual Presidents Day sale is a 4 day opportunity for RV lovers to prepare for the upcoming camping season!  Over 150 new and pre-owned motorhomes, travel trailers and 5th wheels on our 10 acre lot are available at low show prices!  Interest rates are at their lowest ever, so it’s a great time to buy!

We want to make buying an RV easy!  If you’re looking for your first RV, you may enjoy choosing from our large selection of pre-owned motorhomes, trailers and 5th wheels.  Or, choose from some of the country’s top brands of new RVs like Winnebago, Tiffin, Keystone, Four Winds, FunFinder, Skyline, Cruiser RV and more.  We’re looking for trade-ins, and, besides your RV, we’ll take cars and trucks in trade, too!

A great motorhome for your family might be a new Four Winds class C for only $49,900!  It’s fully equipped and sleeps 3 – 4 people.  Or a new Nomad travel trailer can be yours for only $8900!  It’s light enough to be towed by a van or SUV!

Many RV manufacturers are implementing price increases, so by buying from our current inventory, you could save anywhere from $500 to $4000!

During our Presidents Day sale, you’ll find many RV parts and accessories on sale, too!  Specially priced are power jacks for trailers, which eliminate the need for hand cranking.  We’ve also discounted slide toppers, and we have all sizes in stock.  Roll these out atop your slide out rooms to catch leaves, debris, water and snow.  Other sale items are vent covers, which allow you to keep roof vents open and not worry about rain soaking your RV or wind damaging the vent top.  You’ll find many other useful items on sale in our camping store!

If you’ve thought about buying an RV, the Reines RV Center Presidents Day Sale is a great opportunity to save money and find the best RV for your needs from among a large selection.  Our experienced and knowledgeable sales associates can answer your questions and help you find the perfect RV for your family.

The sale is Friday, February 17, Saturday, February 18, Sunday February 19 and Monday, February 20.  We are normally closed on Sundays but we will be open Sunday from 11 to 5.

Contact us with your questions!