Saturday, May 28, 2005

RV sales rise, as their prices increase

The dream home of Randy and Roxie Schreiber has four wheels, 350 horsepower and a price tag of about $200,000.

With retirement looming, the Hugo couple plan to sell their house and buy a recreational vehicle — but not just any RV.

At the Minneapolis RV Show earlier this month, the Schreibers checked out a 39-foot Fleetwood Excursion that comes equipped with a central vacuum, Corian countertops, a washer-dryer, a satellite dish and big-screen TVs front and back.

“We plan on living in it, so we want the nice stuff,” Roxie Schreiber said.

So do a lot of other American consumers. RV sales are up 44 percent in the last four years, and the 370,000 RVs sold nationwide in 2004 were the most since 1978.

Prices are rising, too, as baby-boomer buyers seek luxuries that previous generations of RVers never dreamed of.

At Iowa-based Winnebago Industries, the nation's RV sales leader, the average price of a motor home rose from $65,000 in 2000 to $85,000 in 2004. Full Story...

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