It’s Official: The RV Bubble Has Burst
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If you’ve been wondering when will the RV bubble burst, we’re here to announce that it officially has.
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While there may not have been a giant “popping” sound over Northern Indiana, the impacts are evident throughout the RV community.
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The RV bubble refers to the massive surge in demand for recreational vehicles over the last few years.
What Is the RV Bubble?
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With the increased difficulties traveling during the pandemic, many people turned to RVs to travel safely. This resulted in an unprecedented demand for campers of all shapes and sizes.
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The entire motorhome segment saw a 13% decline, with Class A’s dropping 27% compared to last year.
When Will the RV Bubble Burst?
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The RV bubble bursting is good and bad news, depending on who you ask. For manufacturers and dealers, the RV bubble bursting is not ideal.
Is the RV Bubble Bursting a Bad Thing?
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2020
As a result of travel restrictions and constantly changing requirements, many chose to purchase campers instead of going on far-away vacations.
What Caused the RV Bubble?
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The supply shortages for manufacturers made it impossible for them to keep up with the demand from dealerships and consumers.
Supply Shortages
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