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Auctioned towables set record, motorhomes close

Auctioned towables set record, motorhomes close

LAUREL, Md. — Auction volume was up substantially with motorized units increasing by 13 percent and towables jumping 19 percent, Black Book reported today.

“Warmer weather is here and the Spring market is upon us. Towable sales at auction set another record last month, and motorhome values hit their second highest value since the summer of 2010,” said Eric Lawrence, director of specialty products at Black Book.

“The overall economy is strong, consumer confidence is up, and consumers are buying RVs in record numbers,” he added. “Many of these new RV sales result in a used unit coming to the market, and dealers are stocking up to handle the customers who don’t want to buy new.”

Taking a closer look at the markets, the average selling price for motorized units was $44,379, which is up $5,534 (14.2 percent) from the previous month.  Towables came in at $13,397 up $162 (1.2 percent) from last month.

One year ago, the average motorhome sold for $35,168 and the average towable unit brought $11,965.

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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