Lower gas prices: Could it help struggling RV industry?
Across the country consumers are enjoying the drop in gas prices during the last few weeks. It was more than four-dollars a gallon this summer, but gas is now around $1.60 in most states. According to industry experts they are predicting oil prices to hit $25.00 per barrel and gas prices at the pump could go down to $1 per gallon, wouldn't that be nice?
It has some wondering if these falling prices will have an effect on the struggling RV industry. Those in the RV business say the price drop has been a big help and if gas continues to drop it will have a huge impact on the positive side. As you may know, local RV factories have laid off hundreds of workers this summer. Shipment levels are off by more than 30% this year compared to last year. While this is a big negative it has produced some amazing buying opportunities.
RV dealers are slashing their prices to move old inventory and many RV buyers are reporting discounts as low as 5% over dealer cost and in some cases, just a few hundred dollars over invoice.
One RV buyer put it this way, "I never thought I see a $1.50 per gallon, just a few months ago I thought $3 per gallon was a bargain. With gas prices falling so dramatically and RV dealers offering large discounts my husband and I decided to take the plunge and purchase an RV. We found the perfect Class C Motorhome discounted over 28% from MSRP at only 6.99% interest. Our payments were $175 lower than expected and we now have a great RV that costs much lest to fill up at the pump. Great buying opportunity exists for buyers today."
With low gas prices and dealers offering large discounts now is the best time to purchase an RV. But don't rush out the door without doing your research first. There is one RV Resource that is a must read. It is called the, "RV COMPARISON GUIDE" published by J R Consumer Resources Inc. It rates over 55 different RV manufacturers and over 105 best selling models. In addition to RV Ratings it also provides important buying tips and much more. Order your copy today and get the facts about the industry.
Questions like the ones below are covered in our RV Comparison Guides:
Which manufacturers are rated best?
What are the top selling brands in each category?
Should I buy a new or used RV?
How do I determine the overall quality of construction?
What is the depreciation factor when buying new?
How do I know if I am getting a good deal?
Should I trade in my old RV or sell it?
How do I select the right RV dealer for me?
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New & Used RV Models - from 1995 to 2011
Our staff has spoken with RV owners, attended various RV shows and interviewed most of the RV manufacturers in North America. We have also collected data from RV websites, forums/blogs, customer survey polls and RV related organizations.
In addition to this, we have also gathered valuable insight from our best-selling publication, “RV Comparison Guide”. We receive customer feedback on a regular basis and we are able to put this information into our ratings.
