Thursday, December 08, 2005

RV Ownership Reaches All-Time High

U.S. ownership of recreation vehicles (RVs) has reached record levels, reveals a newly released study by the University of Michigan’s Survey Research Center.

Today nearly 8 million U.S. households own at least one RV—a 15 percent increase over the past four years and a stunning 58 percent rise since 1980, according to the study. One in 12 U.S. vehicle-owning households now own at least one RV.

A leading force behind RV ownership’s upswing is the enormous baby boomer generation, supported by strong ownership gains among both younger and older buyers. In fact, high RV ownership rates now extend across a 40-year span from age 35 to 75, the study found. Full Story...

VIP - America's RV Insurance Specialist

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