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This year’s vacation season will be fairly atypical. With the market being in a poor state, the typical vacation rental homes- particularly on the two coasts- will likely spend the season empty, the dollar is weak and that will make summer trips to Europe unaffordable for many. The downturn of the housing market has forced many to rent out or sell their second homes, and extra-high plane fares have seriously limited travel.

The 2010 vacation season will be downsized in most cases. Trade that tour of Europe for a something closer to home. This all should be good news for the RV industry for several reasons; the industry is starting to rebound from poor sales in 2009. RVs are cheaper than a vacation home, RV travelers save on hotels, and are rather appealing to those who prefer comfortable and economical over fast paced and glitzy. RV family vacations can be as much as 70% less expensive than other types of vacations.

So, how do you go about finding a good deal on a RV? RV Finance can seem a bit daunting. However, even individuals on a limited budget should be able to find a good loan through an RV Finance company. According to the Recreational Vehicle Industry Association, RV sales are down about 14 percent nationwide for the year, but that should be good news for those looking to purchase because you have a better chance of negotiating a lower price.
It seems that the main factor keeping people from looking into RV finance right now is the availability of credit. Because of home foreclosures and loan defaults, credit standards have tightened across the board. But if you can sort through your credit report and work with a quality RV Finance company, it is still very likely that you can obtain RV finance with good rates and manageable terms.

So, what about resale? If you buy an RV now, will it be hard to sell in a few years if your needs or desires change? History shows that the RV industry has followed a cycle mirroring the overall economy. That means that the industry will likely see revival in the next few years, so people should be able to maintain value in their RV investment. Once again, the key is finding a good RV finance company and negotiating the best deal.

As I have searched for helpful information on this subject, I found that The RV Comparison Guide published by J R Consumer Resources was an extremely helpful tool. You can purchase this book and find other great information on the RV industry at www.jrconsumer.com.


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