Pedata RV Center preps for the effects on RVs as baby boomers start to retire. The “retired” crowd was one of the first to embrace the recreational vehicle and industry experts forecast that the baby boomers will also look to RVs as a method of full time living as well as frequent travel.
The retirement of the baby boomer crowd is expected to have potentially negative effects on many industries including: the restaurant industry, the housing industry, taxation, etc. Retired individuals eat out less. Retired individuals often sell their homes (and in a housing market that is already flooded with vacant homes…this could have a substantial negative effect). Retired individuals will decrease the amount of taxes being paid and increase the amount of benefits being paid out.
But when it comes to the RV industry...many expect that the retirement of the baby boomers will have a positive effect. Many baby boomers will turn to RVs as a mode of travel to and from summer/winter destinations. And many will turn to the RV as a means of full time living in their retirement.
Gerard Pedata of Pedata RV Center said, “We’ve always seen a lot of retired individuals buying RVs…some multiple times during their retirement as they upgrade or downgrade depending upon their needs. And we expect to see a lot more as the number of retired individuals jumps dramatically in the next few years.”
Pedata RV Center sells used RVs, travel trailers, fifth wheels, campers, and motor homes. Their full inventory is accessible online and due to their low overhead costs they are able to offer competitive pricing in their industry. Easy access to industry and recreational vehicle information allows consumers to have access to the specific knowledge they need to ensure their purchase results in long term satisfaction.