In The Midst Of Travel Limitations, RV Sales Are Up

Nov 25, 2020


RV prices have been rising during the pandemic.

Monika Geraci with the RV Industry Association said sellers first noticed something going on in the spring, which is already normally a good time for RV sales.

“But it became clear very quickly that this was not pent up demand,” Geraci said. “These were new people who had either maybe considered RV-ing, but this was what pushed them over the edge, or a lot of people who had never considered RV-ing now were looking for a way to get out and travel.”

It kind of makes sense. Over the summer, lots of folks didn’t go on vacation and stay in hotels. Instead, a lot of people bought RVs.

Geraci said suppliers are seeing a big increase in first-time buyers who are overwhelmingly buying cheaper, towable RVs. Shipments of those units are up more than 35% from a year ago.

In fact, the industry is having a hard time keeping up with demand.

Check out the full article from Marketplace here.