The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Thu Feb 7, 2019
Author: RV News Staff
Cunexus Solutions, a consumer lending automation technology company, and Rollick Inc., a national recreational vehicle buying network, are partnering to provide consumers with convenience and transparency when shopping for RVs and other vehicles.
"This partnership will take the outdoor recreational vehicle buying experience to a new level— empowering a potential audience of 10 million U.S. consumers with more tools to help them confidently make a significant purchase decision," Rollick Founder and CEO Bernie Brenner says.
"We're now able to tie the financing directly to the recreational vehicle inventory,” Cunexus CEO Dave Buerger says, “making the purchase transaction much less complicated for the buyer, while also optimizing efficiencies for both the lender and dealer."
Cunexus' Comprehensive Prescreened Lending (CPL) technology allows banks and credit unions to offer on-demand click-to-accept loans to customers with no application necessary. The company's lending automation platform completely eliminates the loan application process for creditworthy borrowers, delivering personalized loan offers to consumers using a combination of the institution's customer information and lending criteria, as well as customer credit history, behavior and location.
Rollick provides special savings and benefits on recreational vehicles to members of its affinity partners, which includes policyholders of major insurance providers, employees at more than 2,500 top U.S. companies, members of the military, veterans and first responders. Through the partnership, Rollick will extend its offering to credit union members and bank customers, while helping these financial institutions increase their loan penetration for powersports vehicles, RVs and boats.