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| Above, dry camping at Chiriaco Summit, California. Photo by Armand Vaquer. |
Will RV prices go up or down in 2023?
That is the question posed by RV Travel in an article posted yesterday. For those thinking about buying a new or used RV, the article may be of importance to one's decision-making process.
They begin with:
It is not possible to predict with certainty what will happen to RV prices in 2023. Many factors can affect the price of RVs, such as supply and demand, economic conditions, consumer confidence, and overall market trends. That said, most RV industry experts expect that prices of new RVs will continue to rise in 2023, in part because of inflation. Resale values of used RVs dropped significantly in late 2022, so now might be a good time to buy “used” rather than “new.”
Sales of recreational vehicles have been growing in recent years, with volume increasing steadily, reaching all-time records of more than a half-million units shipped to dealers in 2021.
Ultimately, the direction of RV prices in 2023 will depend on a wide range of variables that are difficult to predict. It is always a good idea to do your own research and consider all of the factors that may affect RV prices before making a purchasing decision.
To read more, go here.
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