I came across a couple of stories recently that highlight the growth potential in the LSV market. One story features the market in Southern New Jersey where state and local LSV laws have paved the way for use in island communities. This represents an expansion beyond the traditional campground market which was mainly served by golf carts that have become more customized as the market developed. As one recent LSV buyer from Ocean City remarked in the article,
“I think it’s going to be good over here. We’re in the north end and anticipate going to the beach and downtown to shop, wherever a regular vehicle is used but this should be easier because its smaller and more environmentally friendly.”
The other story highlights efforts by community planners in Southern California to use LSVs to improve air quality and reduce traffic. They see potential for households using the vehicles as a second vehicle.
In both cases the ability to drive the vehicles on public roads is key. This is one reason why golf cars for use as personal transportation are likely to be displaced in growing numbers by LSVs. The added versatility and convenience of being able to use LSVs on local roads in addition to one’s own property or a gated community will allow more and more customers to justify the higher cost of LSVs relative to golf cars. The advent of LSV compliant off-road utility vehicles will only add momentum to this trend.