RV sales climb, options to buy are plentiful

12:35 PM, Jul 30, 2013   |    comments
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MINNEAPOLIS - Still looking to hit the road this summer?

Maybe you want a bigger ride with all the bells and whistles?

Sales of RV's are up in 2013, in fact, more than 300,000 RV's are expected to sell this year, the most since 2007.

If you've never stepped foot onto an RV lot, you will quickly learn there's a lingo and you're going to need that extra jingle in your pocket.

"You can get into the $9,000, $10,000 stuff all the way up to the $50 to $60,000 stuff," explained Minneapolis Trailer Sales' Jamie Brown.

It's located in Rogers and is home to travel trailers, 5th wheels and park models.

There are as many models as there are prices and to give you a taste of what's out there, we'll look a little more closely at a Dutchmen trailer.

The travel trailer has fiberglass siding, dual air conditioners, dual slide outs, a queen-size bedroom with closet, along with a kitchen that has a microwave and gas range. Tip to tail, the trailer is 42 feet long and it's priced at $31,400.

Financed over 15 years, with $2,200 down and a rate of 4.99 percent -- that's a monthly payment of $249.

"You can certainly write off a portion of the interest," said Brown.

Check with your tax advisor, but like a home, often the interest is deductible for an RV.

Compare that to the 45 foot, four slide-out, Tiffin Motor Home at Shorewood RV in Anoka.

"It's all electric," explained Jeff Nobbe. "There isn't any LP on it. It's all electric."

All you have to do is fire up the generator and the four flat screens, fireplace, stainless steel fridge, convection microwave, dishwasher and everything else is good to go.

It is a sight and as you might imagine, it's not cheap.

"This particular unit is around $420,000," said Nobbe.

Often those who purchase an RV sell their cabin or house which they use as a considerable down payment.

As a result, the typical buyer puts down about half or $210,000.

Good credit and it can be financed at 6 percent over 20 years with a payment somewhere between $1500-$1600 dollars.

It's self contained, a hotel isn't needed, you can get 900 miles on that 150-gallon tank and the open road is your new home.

"Go to Yellowstone," smiled Nobbe. "Do you know what an elk looks like standing on the edge of a mountain? It's neat it really is, and that's what these people are doing."

At least it's an option and there's plenty of RVs to choose from.

(Copyright 2013 by KARE. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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