Craigslist Rv Indiana (2024)

FAQs

Why are there so many RVs in Indiana? ›

While Elkhart, Indiana may be better known for its Amish community, this small town also carries the title for being the capital of Recreational Vehicle (RV) production in the United States. Thanks to the Hoosier spirit and innovative approach to travel, the RV explosion had its epicenter in this quiet community.

Search units by year, make and model to find trade-in and retail value. Outside of the official NADA value, there are other sites that will help you determine your RV trade-in value. Use RV Trader's Price Checker and Good Sam's RV Valuator for a better idea of how much your unit is worth.

The highest number of RV sales by state is Indiana ($6.8 billion), California ($2.2 billion) and Texas ($1.8 billion). This is no surprise as Indiana is home to the majority of RV Headquarters including Thor Industries, Forest River and Avion International Llc. Elkhart, Indiana has been dubbed 'RV Capital of the World.

Ashurst said RV sales took off as Americans looked outdoors for social-distance-safe activities, then decelerated down almost 50% from their 2021 peak. Higher interest rates have also cut into demand.

Recreational vehicles are designed only for recreational use and are not built to HUD manufactured home standards. Therefore, recreational vehicles are not permitted to be used for residential occupancy outside of a campground or an RV park approved by the Indiana State Department of Health (ISDH).

Elkhart, Indiana is known as the RV Capital of the World.

Like all vehicles, RVs depreciate over time. You can determine an RVs depreciation by the vehicle's age, mileage, wear and tear, and the type of RV you own. Class A and Class B vehicles depreciate similarly, while Class C RVs depreciate more slowly and hold value slightly better.

After three years of ownership, your RV is likely to be worth approximately 30% less than when you purchased it. After ten years of ownership, your Class A RV will depreciate to less than half of what you paid for it.

These aren't hard figures mind you, but a general gist and ratio of how quickly a brand spanking new RV or trailer loses value. The first year will hit you the hardest, with a new model dropping approximately 20% of their value even if you've only taken it out once! Some can go down 30% or more.

Will RV prices go down in 2024? ›

There are several factors that could bring much-needed price relief to the RV industry in 2024. These developments not only have the potential to lower costs for manufacturers and dealers – but also would most likely result in keeping prices low for consumers.

The easiest way to avoid paying sales tax on a pricey RV is to buy and register it in one of the states that doesn't have a general sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon. However, most states don't register the vehicles of just anyone who comes along; registrants usually must be residents.

Motorized RV values keep falling, getting close to what they were before 2020. Motorized values experienced sharp drops recently, current prices are much less than both last month and a year ago. The RV market has fluctuated widely in the past, and that doesn't seem likely to change soon.

Buy in the Off-season

With RV sales slowing, dealerships are more likely to offer discounts and incentives to clear their inventory and make room for next year's models. This makes October to January the best time of year to buy an RV.

RV Manufacturer Locations

According to Thomas, about 85% of all RVs made, are manufactured in Indiana.

As the Crossroads of America, Indiana's location was crucial for manufacturers who needed to quickly ship their trailers across the country with the aid of the region's robust system of railroads, rivers and roads.

But in fact, Elkhart County is known as the “Trailer Capital of the World,” thanks to its manufacture of one of every two RVs, or recreational vehicles, on the road today. The story of how the mostly rural area gained such a following is simple.