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Saturday, December 14, 2024

RV Sales Are Up—Kind Of, Sort Of


After the pandemic ended, RV sales had sunk, especially motorized ones.

Finally, after months of being in the doldrums, RV sales have bounced back. 

According to an article in RV Travel:

RV dealers have been singing the blues for a long time. High interest rates were killing them—having to pay “flooring” for unsold units. Customers were a seeming threatened species. Finally, a break. Statistical Surveys Inc., the industry bean-counter that tracks retail RV sales, says that for the first time in more than a year, more new RVs were sold in a month than in the same month a year ago. RV sales are up—kind of, sort of.

RV sales are up—at least for a month

There were 27,114 retail registrations in October 2024, a 2.6% increase compared to the 26,403 total in October 2023. Of course, things aren’t going to completely change overnight. Year to date, 318,193 new rigs have sold, based on retail registrations in 2024. That’s an 8% decrease versus the 345,988 total for the same period in 2023—to offset some of the sweet news.

To read more, go here

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