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