Who Owns Forest River RV?
As you may already know, more people are interested in buying recreational vehicles that will allow them to take the comfort of their home on the road. While these first became popular back in the 60s and 70s, today, there are more than a few reputable brands that make incredibly luxurious models that will allow you to meet your accommodation needs while remaining on the road.
With the price range varying from tens of thousands to hundreds of thousand dollars, there is a reliable option for almost anyone. Even people who are on a tight budget have some options available to them, as well as those who want to feel like they are in a 5-star hotel.
Looking at all the popular magazines which are known for their RV articles, it is safe to say that the company that has seen a lot of success in the past few years is Forest River. But who owns Forest River RV, and what is the reason for its success in the first place?
The Parent of Forest River RV
Before we take a more in-depth look at the conditions that have led to the great success of this company, it is essential to determine who stands behind it. Luckily, it isn’t a secret — it is one of the most successful investment groups, Berkshire Hathaway, with one of the wealthiest people on the planet, Warren Buffet, being its founder.
While the company that sells recreational vehicles, trailers, cargo vehicles, as well as buses was founded back in 1996, it was not until 2005 when Berkshire Hathaway bought it and became its parent company. Since then, this brand has been on a considerable rise, with its revenue now standing at around $5 billion.
One of the coolest things that the owners of Forest River RVs have created are RV clubs. These clubs organize gatherings and meetings that take place all across the 50 states and have contributed to the company’s success. Mostly known for manufacturing class A and class C motor homes, and fifth wheels, Forest River RV is the division of the Forest River Inc.
Other than this brand, there are a couple of other trailer names that stand under this name as well, including Dynamax, Palomino, Prime Time, Shasta, and Coachmen. It is safe to say that Forest River RV is the second-most successful retailer in this industry, just behind Thor Industries, which has been the market leader for more than a couple of years now.
Overall, if what you are looking for is to buy a luxury or a budget-friendly RV, then be sure that this group has more than a few models to offer you.
The Advantages of Investing in a Forest River RV
One of the most common questions is if it is better to buy a new or a used RV. In this case, we would remind you that the answer depends on nothing but your budget. Thus, if you are just starting out as an RV enthusiast and you don’t have a lot of money to spend on a new vehicle, buying from a trusted official used vehicle dealer is the best choice that you can make.
On the other hand, if what you are looking for is a long-term investment and you are planning on upgrading your vehicle further and maybe reselling it later at a profit, then a brand new Forest River RV is a good choice.
One of the best things about buying a vehicle from this group is that you can actually get great financing options and thus make such an investment easier on your budget. That is one of the things that separates the Forest River from other brands on the market.
Not only that, but if something goes wrong with your vehicle, the company and official service centers always have the necessary replacement parts in stock so you will be able to get going in no time.
Best Forest River RV Models
The last segment of our article is going to be about which RV may be the best for your particular needs. We have selected the most innovative models for the upcoming year, the Riverstone, as well as the Impression RV that won the award of Best of the Show by RV News back in 2018.
The Riverstone RV has more than a few different floor plans, including the 37MRE and 383MB. Depending on which model you go for, you are looking at a length that is between 41 and 43 ft., and a height that is between 12 and 13 ft.
As for the interior features, there is a 60 inch LED TV, 40,000 BTU furnace, LED lighting throughout, 18 cu. ft. French door refrigerator, residential-style gas oven, central vacuum system, oval porcelain toilet, and a 72x80 inch standard bed.
The Impression is a lot smaller and is more suitable for a few friends or family members only. This is due to the average size being 23 ft. in length and 10 ft. in height. However, it still doesn’t lack the features that you would expect to get out of a Forest River RV.
These include a 15,000 BTU Air Conditioner, 35,000 BTU Gas Furnace, extra-large oven, HI Water Pump, 50 AMP Service, as well as a flush-mounted glass range cover. Overall, an excellent choice for someone who is on a tighter budget,
In the end, it all comes down to whether you are looking to invest in a luxurious or a budget-friendly RV. Whichever it is, Forest River RV has something for you. With the reputable Berkshire Hathaway being its parent company and ensuring the quality, it is an investment you will not regret.