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The recent slump in the American economy has effected markets dependent upon consumer purchase across the board; especially non-essential and luxury items. American consumers have found their flexible spending constricted and many have put an indefinite hold on their non-essential purchasing. This reaction has definitely not had a positive effect on the sales numbers for RV dealers across the nation. In addition to the lack of spending, there’s the added problem of the high gas prices that have left another negative stigma on RV travel.
But the current financial climate has created a moment in time that is actually just as good a time to buy as ever…possibly the best time to buy in recent history. Savvy buyers are taking advantage of the current climate by looking into RV models that have low gas consumption levels in combination with the features needed to make a road trip a viable option for vacation.
The savvy shopper in today’s market is opting for the pop up trailer or truck trailer that can be hitched to vehicles already owned/in use. In this way, they can avoid the large increase in gas consumption that comes hand in hand with some of the larger, high end models. Towable units offer lower gas consumption levels as well as offering the additional benefit of mobility. The towable unit can be easily unhitched to allow travelers to run around town without carrying their RV with them. It can wait at the campsite. Due to these particular characteristics, the towable units have not seen the downturn in sales that larger models have seen.
Additionally, for those buying on the used market, this may be a better time than ever to be buying. As homeowners across the nation are pinched more and more to make ends meet, many turn to selling their non-essential commodities as a way to make some extra income. RVs are one such commodity that many individuals are hoping to sell. The demand for these RVs is relatively low right now. The demand for luxury items are down across the economic board right now.
Buyers of used luxury products in today’s economic climate are at a distinct advantage. With an obvious lack of demand, RV prices are falling far below the numbers seen a couple years or even several months ago. Dealerships and RV manufacturers offer special deals and incentives to increase sales during times of low sales/demand. If they’re patient, savvy shoppers can find a fantastic deals in the current market.
Americans like to travel. And Americans like to vacation. While current economic times have put a damper on both of these for many, the RV can make a big difference in making travel and vacation a viable option even during financially hard times. They’re budget friendly; they give consumers access to travel without high priced airline tickets or overnight lodging. They even cut back on the sometimes ridiculous cost of feeding your family on the go. So, while now is the best time to buy an RV due to low demand and high supply…it might not be for long. It won’t be long until more and more people start to realize that the RV is the answer when it comes to vacationing and traveling without a high price tag.
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