There is good news coming out of Lansing for those who enjoy RVing.
After five years of educating Michigan politicians and a historic veto override, the Michigan Association of Recreation Vehicles and Campgrounds (MARVAC) is pleased to announce that Michigan RV enthusiasts now have a very strong incentive to purchase that new RV they’ve been wanting: “sales tax on the difference.”
Before the 2018 law, RV owners were essentially paying sales tax twice when they went to purchase a new RV, explains Bill Sheffer, executive director of MARVAC. “Sales tax on the difference” means that when a person trades in a used RV for a new RV, they will be charged sales tax on the value between the trade-in price and the new cost. Depending on the numbers, that could mean savings thousands of dollars.
Now, if a new RV has a cost of $100,000 and the purchaser has a trade-in value of $45,000, the purchaser will only pay sales tax on $55,000.
“This is a real win for the Michigan RV consumer as many are now able to realize their dreams of owning a new model RV,” he said.
Want to see how this can personally benefit you and your family? Stop by any of the dealer displays at any MARVAC camper & RV show happening this year:
52nd Annual Detroit Camper & RV Show
February 7-11, 2018
Suburban Collection Showplace in Novi, Mich.
31st Battle Creek Camper & RV Show
March 1-4, 2018
Kellogg Arena in Battle Creek, Mich.
23rd Port Huron Camper & RV Show
March 8-11, 2018
Blue Water Convention Center in Port Huron, Mich.
41st Annual Flint Camper & RV Show
March 15-18, 2018
Dort Federal Credit Union Event Center in Flint, Mich.
26th Annual Northwest Michigan Camper & RV Show
March 23-25, 2018
Grand Traverse County Civic Center in Traverse City, Mich.
29th Annual Fall Detroit Camper & RV Show
October 3-7, 2018
Suburban Collection Showplace in Novi, Mich.
For more information, click here.
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Contact: Gretchen Monette, All Seasons Communications