Many dealerships with new and/or used RVs for sale are increasing the variety of vehicles kept in their inventory for 2013 in response to a projected increase in shipments. Dr. Richard Curtin identified the projected increase through his work as the Director of Surveys of Consumers at the University of Michigan.
What is the projection?
According to Dr. Richard Curtin’s data, RV shipments are projected to experience slight growth in 2013 reaching up to 275,300 units by the end of the year.
What do Dealers with RVs for Sale Have to Say About it?
The typical response from dealers to this type of projected increase in units shipped is to move forward with optimistic plans for inventory or company expansion. Plans hinging on the projected increase are in no way guaranteed success, but they are appropriate for those who are looking to maximize on opportunities to grow their business.
What do RV Buyers have to Say About it?
RV buyers and potential RV buyers are deciding that an increased inventory can only work to their advantage. They feel more confident when they can compare vehicles side by side. They are more willing to negotiate pricing and loan terms when there are other available options in inventory. They also typically feel that they are more likely to end up with a vehicle that meets their needs when there are more RV sales to choose from.
Experts in the industry are far from complacent. The increased shipment projection isn’t a problem solver. It’s an indication of positive change in the industry, but the industry’s health still falls short of the state it enjoyed in years past. The state of the industry will continue to improve as consistent financing solutions continue to be made more available.