Gas Hurts N.C. Dealer’s Sales, Rentals Rise
The parking lot of Tom Young RV in Kings Mountain, N.C., should be packed with potential buyers this time of year.
“We should be over-the-top busy,” owner Tom Young told WSOC TV, Charlotte.
Young said instead, there are lots of RVs and no takers. “It’s almost like a perfect storm,” he said.
He said skyrocketing gas prices have had the biggest impact on his business. Young wouldn’t say how much business he’s lost, but said it’s also cost him good workers.
“At one time, we had about 30 employees,” he said. “Now we have only half of that.”
In stark contrast, when WSOC TV went to Quality RV Rentals in nearby Belmont, workers were turning away clients. “It just blows our minds,” owner Terry Jenkins said.
Workers said they expected rentals to drop, but instead, they’re through the roof. Jenkins estimated a 50% to 75% increase over the previous year.
John Youngerman, who has a towable RV that he’s taking on his family vacation, said that staying in the RV is cheaper than staying in a hotel.
Quality Rental workers think that’s what’s driving their sales. And now, Young is hoping the same logic will catch on at his business.