Camping World Holdings Inc., the World’s Largest RV Retailer, is taking a firm position in support of the RV loan interest deduction provision in the proposed legislation known as the Big Beautiful Bill. As the largest advocate for the over six-million RV owners, Camping World strongly believes that this provision represents common-sense tax policy that supports U.S.-built products and the ability for families to affordably travel the country.
“RVs are one of the last great American-built products, made by hardworking Americans. This bill, if passed as originally intended, would provide RV families with long overdue affordability relief after years of rising inflation and stubbornly high interest rates,” stated Marcus Lemonis, Chairman and CEO of Camping World.
Visit www.campingworld.com/RVdeduction to find more information about how the bill can impact you, sign a petition supporting the Bill, and information to contact your senator to voice your opinion.
What’s in the RV Loan Interest Deduction?
- Deduct Up to $10,000 in Interest – From 2025 through 2028, eligible RV purchasers may deduct up to $10,000 above the line of loan interest each year. If included, RV buyers who finance their purchase between January 1, 2025, and December 31, 2028, could save thousands in taxes over the four-year window.
- Middle-Income Earners Come Out Ahead – Most advantageous for single-income households making up to $100,000 annually, or $200,000 for couples who file jointly.
- Built in the USA – Only RVs assembled in the U.S. qualify, supporting American manufacturing.
- A Simple Tax Process – This is an above-the-line deduction, with no itemization needed. Lenders report $600+ interest to the IRS, and you simply claim the deduction.
- Limitations – The House version of the provision allows for any RV to qualify where the current Senate version limits the qualified RVs to only Class B and some Class C motorhomes.
