NADAguides: Recreation Segments Post Largest Increases in Site Traffic
NADAguides’ 2011 second quarter Traffic Trends Report showed that site traffic for RVs increased 29 percent since the beginning of the year, which analysts attributed to lower than expected gas prices.
COSTA MESA, Calif. — NADAguides has released its 2011 second quarter Traffic Trends Report, which showed growth in consumer shopping activity and site traffic across new and used cars, classic cars, motorcycles, boats and RVs in particular.
The new- and used-car section on the vehicle pricing and information Website experienced a 10 percent increase in unique visitors since the beginning of the year, paralleling industry reports of a 10 percent increase in new-vehicle sales for the first half of the year, according to NADAguides.
Site traffic for RVs increased 29 percent since the beginning of the year, which NADAguides analysts attribute primarily to the lower than expected price of fuel at a time when families are planning spring and summer camping vacations. Fuel prices did not reach $5 a gallon as many economists predicted, making RVs an affordable option for families, according to site analysts.
"NADAguides.com has experienced exceptional growth since the beginning of the year as well as over last year's traffic statistics,” said Troy Snyder, director of product development at NADAguides. During the month of June 2011, NADAguides saw a 12 percent increase in unique visitors compared to June 2010. The total number of unique visitors to NADAguides.com also has increased since the beginning of 2011 to 14 percent.
Interest in boats and personal watercraft during the second quarter of the year increased 54 percent from the first quarter. NADAguides analysts attribute the majority of this growth to a 14 percent increase in consumer demand for used boats during June 2011 period vs. the same time last year.
NADAguides.com also reported a 23 percent increase in site traffic for motorcycles, ATVs and utility vehicles, as consumers continue to find affordable used units and late model new units, according to the company. As consumer confidence continues to grow, analyst said interest in motorcycles, ATVs and the like will also continue to spike, especially with smaller, entry-level vehicles.
The site’s Classic Car section also has experienced a 10 percent increase in traffic since the beginning of the year. NADAguides attributes a portion of the growth to collectible car auctions that bring new bidders into the current collector car market.
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →