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Auction values return to seasonal norms

Auction values return to seasonal norms

LAUREL, Md. — After a few crazy months where auction prices for both motorized and towable units hit all-time highs, both segments have returned to what most would consider to be seasonal norms, Black Book announced today.

“The fact that auction volume is still so high tells us that consigners were probably doing what they could to ‘clear the books’ before the end of the year, and one factor driving the lower values may have been the poor condition of many of the units, especially on the towable side,” said Eric Lawrence, editor of specialty products.

The average selling price for motorized units was $35,015, which is down $3,191 (8.3 percent) from the previous month.  Towables came in at $11,181 down $1,948 (14.8 percent) from last month.  One year ago the average motor home sold for $39,070 and the average towable unit brought $11,189.

Auction volume was mixed as motorized units were essentially unchanged from the previous month, while towables decreased by 8 percent.  Auction volume is considerably higher than it was one year ago, said Lawrence.

SOURCE: Black Book press release

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About Greg Gerber

Greg Gerber is a freelance writer and podcaster who has been writing about the RV industry since 2000. He is the former editor of RV Daily Report and can be reached at greg@rvdailyreport.com.

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