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Wednesday, January 10, 2018

Millennials Are Fueling the Growth of the Booming RV Segment and Here’s Why


CNN reports that the average RV owner in Folsom and elsewhere in the U.S. is getting younger. According studies conducted by the Recreation Vehicle Industry Association, the typical RV owner is now 45 years old and getting even younger, it seems, as millennials are quick to join in on the trend. First time buyers also made up about 34 percent of purchases from 2016. As a result, the RV segment is thriving and manufacturers are seeing a significant uptick in their sales.

But why exactly are the younger generations fully on board with RV living? As it turns out, there are plenty of compelling reasons why.

Living the Dream on a Budget

Home and car ownership paint the picture of the American Dream, but not everyone is privileged to have both today. As the average price of real estate and vehicles rise, buying a “home on wheels” instead can be a financially sound decision. The RV market offers a wide range of choices from towables which can cost less than $10,000 to luxury motorhomes priced at around $65,000 on up. Read more from this article: http://bit.ly/2Esaxkw

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