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Economic Melt-Down - Is Now the Time to Buy an RV?


WEBWIRE

The RV Industry is taking a Beating!

By Randall Eaton
October 10, 2008

If you’re like most consumers you are on the sidelines waiting to see how Wall Street and Main Street react to this economic melt-down. Will the 700 billion bailout work? How long will it take for the economy to recover? Questions like theses and others have RV buyers nervous and wondering if they should buy now or wait until 2009 to purchase an RV.

For those that have cash and are not worried about what’s happening on Wall Street, now is an excellent time to buy an RV. Inventories are high and demand is low. RV dealers are slashing their prices to lower their inventories.

Most analysts are saying this recession will last about eight months and about this time next year things will start to improve. Motor home sales are down about 40% across the country and travel trailer sales are down about 30%, because of this buyers are seeing some amazing discounts right now.

The amount of money one saves by buying an RV now will pay for their gas for years to come. Another positive sign is gas prices are falling and oil is below $80 a barrel. I still think we have some rough times ahead and I am somewhat optimistic that things will turn around. But as I have said, this is a great time to buy an RV and save additional money if one has the cash and good credit.

Buying a new recreational vehicle is a lot like buying a new car. When shopping for a new car you want to get the best deal possible, purchasing an RV is no different. But, which RVs are the best? Or, which RV companies offer the best value for the money?

There is one company that provides fair and balanced RV reviews and ratings - the company is, “J R Consumer Resources Inc”. A consumer based company that rates over 60 different RV manufacturers including; Fleetwood, Airstream, Jayco, Winnebago, Holiday Rambler and many more. To learn more about this amazing RV resource please visit their website at, http://www.jrconsumer.com/.



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