Baby boomers are big buyers of RVs, but some are deciding to hold off on their purchases for now.
According ot the Milwaukee Journal Sentinel, boomers are retiring and want to hit the road in luxury RVs, but high fuel prices and borrowing costs are making some think twice.
RV sales surge when interest rates are low and consumer confidence is high. Uncertainty about the economy and future fuel prices appear to be dampening some buyers enthusiasm.
RV industry analysts hope that sales will be brighter down the road, as more consumers in the 55 and 64 age bracket retire.
Yet some RV buyers are not waiting, buying smaller and more efficient RVs that can be towed with a Sports Utility Vehicle, or chosing to rent rather than buy.
Are you a hesitant RV buyer? What will be your choice? Will you hold off and buy a big RV…or buy a smaller one now? Is renting the way to go for you? Leave a comment and tell us what you think.
