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Auction values see life as summer ends

Auction values see life as summer ends

motorized-auction-values

LAUREL, Md. — The average selling price for motorized units at auctions was $39,701, which is up $278 (0.7 percent) from the previous month, Black Book announced today. Towable units came in at $11,984, an increase of $1,187 (11.0 percent) from last month.

One year ago the average motorhome sold for $40,237 and the average towable unit brought $10,844.

“One of the things dealers and lenders like most is consistency, so this was another good month,” said Eric Lawrence, director of specialty products for Blackbook

“Both vehicle segments increased, with motorized units inching up a couple of hundred dollars, while towables jumped over a thousand,” he added. “However, if you look at the graph, you’ll notice that towable values had taken a couple of big unexpected hits in the previous two reporting periods, so essentially, they have just returned to where they were a few months ago.”

Auction volume was down from last month with motorized units declining 2 percent and towables dropping 3 percent.

SOURCE: Black Book press release

towable-auction-values

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About Greg Gerber

Greg Gerber is the editor and founder of RV Daily Report. A native of Madison, Wis., he moved to Phoenix in 2009 to escape the endless winters and wicked humidity of the six-week "summer" season. He's a DODO -- Dad of Daughter's Only -- who would crawl across the desert on his hands and knees for an In-N-Out Double Double. He has visited every state except Hawaii and is anxiously waiting for some RV company to host a conference in the Aloha State.

One comment

  1. I think Eric is wrong when he says dealers want price consistency. Dealers want to buy at a price that they can make an average margin on.

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