Just waiting for the bubble to explode.
Even with 2018 recreational vehicle shipments down 4 percent from the previous year, the mood among dealers at the 59th annual Fort Wayne RV and Camping Show was upbeat because the industry is expecti...
Forum Discussion
ken56 wrote:
Anyone who manages their finances by relying on a tax refund is not managing their money properly in the first place. Interest rates and gasoline prices I believe are bigger factors. Financing on RV's is at 10 plus years now so payments are affordable, if the payment is affordable then people will buy. Gas prices as long as they stay low then travel will be up. The Knoxville show was out the door crowded. People are looking. People are buying.
Most people don't MANAGE their finances by relying on tax refunds. Rather they consider the tax refund as a bonus and use it to buy "extras" that aren't necessary enough to budget for.
With that, most tax returns aren't big enough to buy an RV with. Folks who buy an RV with tax returns are buying popups and other rigs under $10K. There may be a few who will use the tax return to pump up a down payment but I don't see taxes being a cause of increased RV sales.
I agree that gas costs will have a much greater effect on RV sales.
