RUSH TRANSCRIPT Wac back ░░░░░░░░ if markets close for ░░░░░░░░ gain for the week ░░░░░░░░ out of three for ░░░░░░░░ Dow and three of ░░░░░░░░ for the NASDAQ the ░░░░░░░░ market gets hotter even ░░░░░░░░ the rebounding gasoline prices ░░░░░░░░ shipments in 2017 was ░░░░░░░░ 17 from the year ░░░░░░░░ and the 7th consecutive ░░░░░░░░ of growth what and ░░░░░░░░ is behind all this ░░░░░░░░ we sent wilf outside ░░░░░░░░ Tim Sullivan wilf Indeed ░░░░░░░░ is here Thank you ░░░░░░░░ much for having me ░░░░░░░░ this extraordinarily big rv ░░░░░░░░ pleasure I m 6 ░░░░░░░░ and there s room ░░░░░░░░ here Plenty Enormous We ░░░░░░░░ a look here and ░░░░░░░░ the bedrooms walking down ░░░░░░░░ bit to pan it ░░░░░░░░ This costs how much ░░░░░░░░ are the measurements This ░░░░░░░░ 700 000 dollars Not ░░░░░░░░ Not cheap it s ░░░░░░░░ highest end that we ░░░░░░░░ have as you look ░░░░░░░░ the hopeful range we ░░░░░░░░ totals that start at ░░░░░░░░ 000 All up to ░░░░░░░░ 000 the industry has ░░░░░░░░ covered Any price point ░░░░░░░░ want or need we ░░░░░░░░ it 700 000 is ░░░░░░░░ second home so there ░░░░░░░░ mortgage home tax reductions ░░░░░░░░ do people buy this ░░░░░░░░ home second home or ░░░░░░░░ of the world It ░░░░░░░░ not for the billionaires ░░░░░░░░ popular with people when ░░░░░░░░ retire They basically sell ░░░░░░░░ home and live in ░░░░░░░░ they travel around the ░░░░░░░░ in these the other ░░░░░░░░ that we have very ░░░░░░░░ race teams we re ░░░░░░░░ with temperature Pensky and ░░░░░░░░ popular for those types ░░░░░░░░ weekends where you want ░░░░░░░░ full house to live ░░░░░░░░ Right and what we ░░░░░░░░ experiencing here the bedroom ░░░░░░░░ bathroom now obviously here ░░░░░░░░ the kitchen It s ░░░░░░░░ spacious A luxury home ░░░░░░░░ will sit in this ░░░░░░░░ all week I guess ░░░░░░░░ s the drawbacks It ░░░░░░░░ enormous Never in Europe ░░░░░░░░ in the states even ░░░░░░░░ significant restrictions with the ░░░░░░░░ you can take it ░░░░░░░░ narrow streets and in ░░░░░░░░ in New York it ░░░░░░░░ challenging but frankly they ░░░░░░░░ everywhere they are designed ░░░░░░░░ have anyone able to ░░░░░░░░ them they don t ░░░░░░░░ don t need a ░░░░░░░░ license There s driver ░░░░░░░░ it s like super ░░░░░░░░ steer on the thing ░░░░░░░░ it really helps housewives ░░░░░░░░ them you and I ░░░░░░░░ drive them easily You ░░░░░░░░ smaller size options as ░░░░░░░░ across the fleet of ░░░░░░░░ you sell Yes How ░░░░░░░░ are gas prices A ░░░░░░░░ correlation we discussed ahead ░░░░░░░░ the weekend at 3 ░░░░░░░░ this size absolutely not ░░░░░░░░ the mid range up ░░░░░░░░ do not care they ░░░░░░░░ the money they spend ░░░░░░░░ For the entree level ░░░░░░░░ s going to be ░░░░░░░░ as gas goes up ░░░░░░░░ rates go up it ░░░░░░░░ challenging The low end ░░░░░░░░ what we do sell ░░░░░░░░ quite frankly most of ░░░░░░░░ activity is in the ░░░░░░░░ end anyway Well in ░░░░░░░░ higher end who is ░░░░░░░░ it is it you ░░░░░░░░ a lot of people ░░░░░░░░ their homes when they ░░░░░░░░ so is this only ░░░░░░░░ people who are retiring ░░░░░░░░ no young people too ░░░░░░░░ youngest is millennials buying ░░░░░░░░ Not this Not this ░░░░░░░░ buy or rent or ░░░░░░░░ these Millennials are going ░░░░░░░░ They love them though ░░░░░░░░ whole go rv ing ░░░░░░░░ took off A lot ░░░░░░░░ people believe things are ░░░░░░░░ in the industry but ░░░░░░░░ s not at all ░░░░░░░░ problem is once you ░░░░░░░░ the best it s ░░░░░░░░ to go down and ░░░░░░░░ first rv I ve ░░░░░░░░ this how much does ░░░░░░░░ cost to rent 5 ░░░░░░░░ a month So a ░░░░░░░░ a grand I m ░░░░░░░░ it For this it ░░░░░░░░ worth it It s ░░░░░░░░ very nice indeed So ░░░░░░░░ it back for us ░░░░░░░░ sounds positive Yeah Your ░░░░░░░░ price down 35 Exactly ░░░░░░░░ What s driving that ░░░░░░░░ re diversified we have ░░░░░░░░ rvs fire trucks ambulances ░░░░░░░░ busses terminal trucks shuttle ░░░░░░░░ transit busses there s ░░░░░░░░ big portfolio The tariffs ░░░░░░░░ been a tough head ░░░░░░░░ we ve had to ░░░░░░░░ through When they come ░░░░░░░░ place costs go up ░░░░░░░░ capital and I think ░░░░░░░░ s really the issue ░░░░░░░░ we have And the ░░░░░░░░ its main inputs pushing ░░░░░░░░ price or everything Everything ░░░░░░░░ we re selling everything ░░░░░░░░ it s an opportunity ░░░░░░░░ chaos We re going ░░░░░░░░ be fine we re ░░░░░░░░ growth pattern for the ░░░░░░░░ but less than we ░░░░░░░░ initially Tim a pleasure ░░░░░░░░ you for bringing along ░░░░░░░░ small vehicle to show ░░░░░░░░ Tim Sullivan rev group ░░░░░░░░ we got another 15 ░░░░░░░░ in front of us ░░░░░░░░ s absolutely enormous plenty ░░░░░░░░ head room Kelly back ░░░░░░░░ you I can t ░░░░░░░░ over the size of ░░░░░░░░ fridge it s like ░░░░░░░░ house is lucky to ░░░░░░░░ that I checked the ░░░░░░░░ it s empty We ░░░░░░░░ t start the weekend ░░░░░░░░ I was hoping for ░░░░░░░░ sort of How much ░░░░░░░░ it cost to fill ░░░░░░░░ the tank Great question ░░░░░░░░ much does it cost ░░░░░░░░ fill the tank 3 ░░░░░░░░ 3 almost 100 or ░░░░░░░░ a tank 200 for ░░░░░░░░ full tank There you ░░░░░░░░ half a tank option ░░░░░░░░ meek it cheaper Clever ░░░░░░░░ thank you very much ░░░░░░░░ back to you Oh ░░░░░░░░ thank you both very ░░░░░░░░ See you in a ░░░░░░░░ minutes unless you stay ░░░░░░░░ It s possible it ░░░░░░░░ possible.