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Tuesday, June 10, 2008

High Gas Prices Hitting Boat, RV Sales

Gas prices have made getting to and from work or school difficult, but they're also hurting those gassing up motor homes, boats and other recreational vehicles.

CBS 2's Mike Puccinelli reports at $5 a gallon, it takes about $750 to fill up the Allegro bus, making it a pretty slow seller at Rick's RV Center in Shorewood.

"For the larger motorhomes, it is a tough market," said Rick's general manager Jeff Pilon. "Like I said, the pool of buyers has definitely shrunk down."

And it's not just motor home sales that are being affected by the skyrocketing cost of fuel. Boat sales are also being squeezed.

Cathy Santogrossi of Fox Valley Marine said sales are down, but they have not plunged.

A study by Michigan State's Marine Research Center found that "1 percent of boat owners didn't plan to use their boat in 2008 due to the high cost of fuel." Read more...

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