RV Market Might be Softening, But Base Skewing Younger

Turbocharged by the pandemic over two years, the hot recreational vehicle market has softened, but that reality doesn’t appear to faze Minnesota dealers as they look ahead to travel season, according to a report by the Star Tribune in Minneapolis-St. Paul.

RV World in Ramsey, for one, is all in and will, among other brands, roll out its popular Gulf Stream Vintage Cruiser travel trailers with the retro look next week at a consumer show in St. Paul that also will feature other dealers.

The RV Super Show at the RiverCentre Jan. 12-15 comes at a time when manufacturers are shipping fewer RVs across almost all models than they did in 2021. That has meant more inventory for dealers like RV World’s Darren Mann and Kevin Strusz, and they expect to move stock come late winter into spring. Towables remain the biggest seller nationally at just more than 90% of all RV sales.

“I see [the industry] as finding level again,” said Mann, part owner of RV World, after the unmatched activity during the COVID pandemic when buyers sought flight on the road and into the outdoors. For example, 2022 still stands to be the third highest year of shipments on record with 472,679 sent to U.S. dealers through November 2022 (and 9,400 to Minnesota), according to the RV Industry Association (RVIA).

Read the full report by the Star Tribune

Source: https://rvbusiness.com/rv-market-might-be-softening-but-base-skewing-younger/