Indiana RV Sales Are Booming

Not only is 2017 RV sales booming for Indiana builders, but you’ll be surprised who’s buying. 

Sales are above 40,000 shipments a month according to The Elkhart Truth:

The recreation vehicle industry continues on a torrid pace in 2017, once again topping 40,000 shipments for the fourth month in-a-row. 

RV shipments reached 47,416 units in June, an increase of 18.3 percent over the 40,072 units shipped in June of 2016, according to statistics from the Recreation Vehicle Industry Association. 

Overall in 2016, RV manufacturers have shipped 256,430 units, up 13.3 percent, from 226,286 units shipped during the same period of time in 2016. Towable RVs are leading the charge with 42,240 shipped in June, an increase of 20 percent over June 2016. 

 

New data is showing younger people are in the market for an RV:

Trailers, not motor homes, make up a large part of this growth, now accounting for 87% of the units sold, the association says. Buyers are likely to be Millennials, those in their 20s or early 30s, including a lot of young couples who don’t have kids yet. Baby Boomers, by contrast, buy motor homes more as a life-altering decision, one that will occupy most if not all of their time after retirement.

 “The wave of new buyers … want to recreate without investing heavily,” said
Sherman Goldenberg, publisher of the trade magazine RV Business. “They want to go camping on weekends, but not be so committed that it’s a lifestyle change.”

 

 

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