Archive for May, 2010

Pedata RV Center Cites Thompson Research Group Dealer Survey Indicating Increased RV Sales

Sunday, May 9th, 2010

Pedata RV Center cites Thomson Research Group’s Dealer Survey indicating increased RV sales in the first quarter of 2010.

According to Thompson Research Group’s Dealer Survey:

1.    Both motorized and towable segments experienced improved RV sales trends.
2.    RV sales improved from fourth quarter, 2009 dealer survey.
3.    Retail credit is improving, but not drastically.
4.    On site inventories are lower than in years past for most dealers.
5.    Motorized RV sales improved, but towable RV sales received more consistent positive feedback.

Gerard Pedata of Pedata RV Center said, “RV sales are improving quickly in 2010 and we expect them to continue. The summer months are on their way and there is historically a jump in Class C sales as well as fifth wheels to accommodate local summer travel.”

The Thompson Research Group Dealer Survey’s survey pool consists of over 50% of the RV sales in the US RV industry. Thompson Research Group focuses their survey and findings on the philosophy that the pace and mix of RV unit sales dictates/predicts the trajectory of the RV industry’s recovery. Dealer surveys are published quarterly and are based on dealer responses in combination with published statistics on industry wide RV sales, etc.

Pedata RV Center sells RVs with their full inventory available for viewing online 24 hours a day (Class A, Class C, Class B, Fifth Wheel, etc). They also provide a wide variety of industry specific information to ensure that consumers in the market for an RV are aware of the various options and features available in the industry.

Pedata RV Center Releases Top 5 List of Improvements Comparing Modern Class A to the Original RV

Tuesday, May 4th, 2010

Pedata RV Center releases their Top 5 list of improvements that have been made in the last century of RVing. Going from the original 1916 Model T to the modern Class A RV is a story in evolution. This century of RVing was recently celebrated by many in the industry including the RVIA. The RVIA’s celebration included sponsoring a road trip representing the last 100 years of RVing.

David Woodworth drove both a 2010 Fleetwood Discovery and a 1916 Model T with a Telescope Apartment. The Telescope Apartment (state of the art in 1916) offered a basic sleeping/storage compartment making this vehicle the first recreational vehicle.

Top 5 Improvements from Model T to Class A:

1.    Space: Class A RVs offer more space than many apartments.
2.    Fuel efficient diesel engines: some RVs boast 18-22 miles per gallon.
3.    Kitchen conveniences: modern RVs often include every kitchen convenience (oven, stove, sink, etc.)
4.    Bathroom conveniences: modern RVs often include every bathroom convenience (toilet, sink, shower, bath, etc.)
5.    Luxury: TVs, full size beds, slide outs, awnings…you name it and it’s an option that either comes with your Class A or can be added easily.

Gerard Pedata of Pedata RV Center responds, “The 100th year of RVing is definitely something to celebrate. The RV industry is definitely a lesson in evolution. But the most interesting thing is that the reason people love RVing is the same today as it was 100 years ago. People love the versatility, the freedom and the accessibility of being where they want to be whenever they want to be there.”

Pedata RV Center sells motorhomes with their full inventory available for viewing online 24 hours a day (Class A, Class C, Class B, Fifth Wheel, etc). They also provide a wide variety of industry specific information to ensure that consumers in the market for motorhomes are aware of the various options and features available in the industry.

Pedata RV Center Cites ABA Credit Delinquency Bulletin Noting Loan Improvement for Motorhomes

Monday, May 3rd, 2010

Pedata RV Center cites ABA (American Bankers Association) Credit Delinquency Bulletin (Q4 2009). The Bulletin showed overall loan delinquency improvement for the second quarter in a row. Loans on motorhomes are one of 11 categories tracked by the ABA. RV loan delinquencies fell from 1.64% to 1.44%.

According to the ABA a delinquent loan is defined as being 30 days or more past due. The ABA tracks delinquencies in 11 categories including:

-direct auto loans

-marine loans

-mobile home loans

-personal loans

-property improvement loans

-RV loans

-indirect auto loans

-home equity loans

-home equity lines of credit

-bank cards

-non-card revolving loans

Of the 11 categories 8 showed improvement and RV loans showed the greatest improvement.

Gerard Pedata of Pedata RV Center responded, “The loan delinquency rate improvements are a strong indication of economic recovery. Consumers are getting their finances in order after the abrupt nature of the recession. And banks are moving forward and tentatively offering credit after putting their losses behind them.”

Pedata RV Center sells motorhomes with their full inventory available for viewing online 24 hours a day (Class A, Class C, Class B, Fifth Wheel, etc). They also provide a wide variety of industry specific information to ensure that consumers in the market for motorhomes are aware of the various options and features available in the industry.