Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Americans Panic-Buy RVs As Shipments Exceed 600,000 Units This Year And Next

Courtesy of ZeroHedge View original post here.

Months after we discussed the "unprecedented demand" for recreational vehicles (RV), which we said was on pace for a blowout 2021 and expected to continue into 2022. A new RV Industry Association (RVIA) report has confirmed our suspicions: Americans continue to panic buy motorhomes

RVIA's latest quarterly report projects RV wholesale shipments will exceed 600,000 units in both 2021 and 2022, which is record-breaking demand as the virus pandemic has fundamentally changed how Americans vacation. 

"RV manufacturers and suppliers have accomplished something never before seen with the incredible number of RV produced in 2021 and forecasted to be built in 2022," said RVIA President & CEO Craig Kirby.

"More RVs will be headed to dealer lots in 2022 than ever before, allowing even more consumers to experience the freedom and control of traveling the country in their ideal RV," Kirby said. 

RV shipments are expected to range between 593,600 and 610,800 units with an estimated year-end total of 602,200 units, a 40% increase over the 430,412 units shipped in 2020. RVIA said growth is expected to continue through 2022, with shipments ranging between 599,760 and 627,700 units.

"The RV industry is looking at double-digit growth rates into mid-2022, due in part to low inventories, the strong financial standing of consumers, and the desire of consumers to get outdoors and experience an active outdoor lifestyle," said Jeff Rutherford, RVIA Chair and President & CEO of Airxcel

"Thanks to the RV manufacturers and suppliers, more consumers than ever before will be able to take advantage of all of the benefits of owning an RV," Rutherford said. 

This is the latest sign Americans, more than ever, are rediscovering national parks and rural communities in their RVs rather than vacationing in big cities and at resorts. The RV boom might continue past 2022 as demand by millennials has been steadily increasing. 


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!