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Auction values see life as summer ends

Auction values see life as summer ends

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

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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.

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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