Pedata RV Center sees 2011 trend towards cash purchasing continue into 2012. Buying consumers cite a variety of reasons for their use of cash for major purchases like recreational vehicles.
Reasons buying consumers are using cash for major purchases like recreational vehicles:
1. Security: When paid in full there are no payments
2. Increased Buying Power: Some consumers indicate that they felt that their buying power increases when they have cash in hand in comparison to purchasing with the use of financing
3. Quicker Purchase: In many cases, a major purchase like a recreational vehicle can be completed in a shorter amount of time when there are no financing needs. Financing often has temporary roadblocks and hurdles that must be dealt with and that often result in timing delays.
Gerard Pedata of Pedata RV Center said, “It isn’t necessarily a matter of not being able to obtain financing anymore. Many consumers paying cash have every opportunity to finance their RV purchase. They are using cash because they have recognized the benefits associated with a cash purchase.”
Pedata RV Center sells used RVs, travel trailers, fifth wheels, campers, and motor homes. Their full inventory is accessible online, and due to their low overhead costs they are able to offer competitive pricing in their industry. Easy access to industry and recreational vehicle information allows consumers to have access to the specific knowledge they need to ensure their purchase results in long term satisfaction.