RV sales are growing – because RVs themselves are shrinking. “While sales of traditional motor homes have grown at a respectable 6.2 percent,” USA Today reports, “smaller classes have grown nearly twice as fast.” Average starting price: $92,000, down from $125,000 for the bigger models.
Speaking of vehicle sales, Hyundai just can’t afford to keep giving away iPads. Equus buyers had been getting a sweet perk: The owner’s manual on an iPad stashed in the glove compartment. That deal ends when the model year does. “Hyundai has mostly confined its television ads for the Equus only to the fact that it has an iPad as an owners manual, without talking about any attributes of the $58,000 car itself,” USA Today reports. “The ads are narrated by actor Jeff Bridges, of course.”
And while we’re on the topic of iPads, if you already own one (with or without the Equus) then consider a cover made from the clothes of sinister swindler Bernie Madoff. Last November, his pricey clothes went on sale to help repay his victims. One of the bidders was an entrepreneur named John Vaccaro, who’s created a company called Frederick James for one purpose. “Vaccaro is focusing on selling one-of-a-kind iPad covers made from Madoff’s Banana Republic chinos and Murphy & Nye sailcloth pants for between $250 and $500, while providing buyers with a certificate of authenticity, and a receipt from the auction,” CNN reports. “He estimates that he has enough fabric to sell a limited collection of 31 Madoff-themed covers.”
In 2008, a 10,500-square-foot Malibu estate went up for sale at a hefty $65 million – just as the economy started tanking. Now three years later, it’s being sold at auction with a starting bid of $22 million. “The dream home may end up being the priciest ever sold that way,” MSNBC reports.
You’ve probably heard about the “super committee” that’s supposed to find another $1.5 trillion to cut from the federal budget. But CNN actually took a look at the first nine members – all white, all but one a man. Three more will be named soon.