Jasele Oita's Blog A weblog about everything

Although it won’t help move the number of travel trailers for sale on RV dealers’ lots around the country, the new $787 billion stimulus package recently signed into legislation by President Obama could help sales of motorhomes. Under the provisions of the bill, a portion of the sales tax on motorhome purchases between now and December 31st is tax deductible as long as the buyer earns less than $125,000 per year individually or less than $250,000 per year jointly. The bill was also designed to stimulate lending and help thaw the frozen credit market in hopes of encouraging Americans to make purchases of items such as RVs. The tax break, coupled with the significant savings that many RV dealers are currently offering to move inventory, could present a very good buying opportunity for anyone in the market right now for a new motorhome.