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Recreational Vehicle Industry Association President Richard Coon on the outlook for recreational vehicle sales.
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The unofficial start of -- And thirty million Americans yes are expected to hit the road -- -- recreational vehicle in the next few months obvious on more than just a home on wheels are also up leading economic indicator joining us now is Richard -- and he is president of the recreational vehicle association -- thank you for being here.
I was anxious to -- the sales numbers sales drop of recreational vehicles.
10% in the first quarter this year why what's the attraction.
That's correct there were having a very good year up from the bad years of no -- no nine so we're happy to see recovery but I think what's happened -- A lot of people that -- -- buy RVs -- laughter last couple years in these tough economic times we've had.
They -- a little more comfortable now -- And they're starting to buy so -- they if they don't feel the -- -- job I guess and read the stock market come back Yeltsin to get out -- are by and -- I recently -- the Robin Williams movie are being -- could help lay giggled through this whole thing but it in these are not cheap things -- -- you can spend a 100000 dollars and one of these.
You can -- on the other hand you can spent only 101000 and still -- a in our reader who can't you know with family so there's perhaps be one for.
Everybody if you -- every family they could afford it and Holloway from something like 101000 dollar ten -- all the way up to them million dollar RV coaches -- we all see and like to have.
I was suppose if you combine that -- you know really worried about the cost of gas that goes -- it correct very gas prices are up -- part of this fact -- -- right it is usually have first time buyers are impacted by the gas prices but quite frankly.
Over the years you'll find the gas pricing does not really stop the industry.
When you think about it they're there only used an average travel traders use 25 days a year motor homes -- 35.
They don't go that far enemy right and what they do when prices go up they change how they use instead of making very long trips.
They go shorter distances stay longer -- those kinds of things.
It's now -- -- to be -- we're still not there yet your not back to sales like they were before the recession that's correct are probably still about 20% off but we were down as far as 75% -- so I can assure you we're happy had to be were at.
And it's continues to be a slow game -- 2010.
Went up about a 10% 2000 -- up higher now one.
And 2012 doing well there's a very good Richard -- recreational vehicle industry association president Richard.
Thank you so much payday for having me it's great fuss is -- -- by the -- 35 to fifty -- objection he can't all be.
