LAUREL, Md. — RV values at auction were mixed last month, with motorized units taking a big hit, while towables managed a small gain, Black Book reported today.
“With the exception of February, motorhomes have been dropping consistently since last October,” said Eric Lawrence, director of specialty products. “Granted, that could change next month, but we should all be keeping an eye on it. On the volume side, motorized is essentially unchanged, but the volume of towables sold at auction spiked at last month, mirroring the performance of new models.”
Taking a closer look at the markets, we see that the average selling price for motorized units was $42,591 which is down $2,862 (-6.2 percent) from the previous month. Towables came in at $13,792, up $273 (+2.1 percent) from last month.
One year ago the average motorhome sold for $41,149 and the average towable unit brought $13,591.
Auction volume was mixed as motorized was essentially unchanged and towables increased by 20 percent.
SOURCE: Black Book press release