Sunday, April 20, 2008

Gas prices are not affecting RV, boat sales

The nation's subprime mortgage crisis and high gasoline prices worry many Oklahomans but apparently not those buying recreational vehicles and boats — especially older people who may have more disposable income.

"I pulled back on inventory because I thought sales would slump. But that didn't happen. In fact, we have actually increased our motor home sales in the last two years,” said Gary Wyatt, general manager of McClain's RV Superstores in Oklahoma City.

The RV life is not just for retirees, although people who've amassed a lifetime of wealth can more easily afford the biggest RVs.

The tax breaks associated with paying for an RV are generally the same as for a home.
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