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Black Book: Cautious optimism on motorhome values

Black Book: Cautious optimism on motorhome values

UNITED STATES — “The average selling price of motorized units at auction last month jumped by nearly 10 percent, which equates to roughly $4,000,” reported Eric Lawrence, director of Specialty Markets for Black Book.

He added, “At first glance, this would appear to herald the reversal of the downward trend in pricing we discussed last month, but looking a little more closely reveals that although the average price is indeed up significantly, the product mix was heavily skewed towards more expensive models. Let’s consider this a ‘developing story.’”

For May, Black Book reported:

For Motor Homes (including Class A, B, and C)
• Average selling price was $46,539 up $3,948 (9.2%) from the previous month
• One year ago, the average selling price was $40,244
• Auction volume was down 10% from the previous month

For Towables (including Travel Trailers and Fifth Wheels)
• Average selling price was $13,267, down $525 (3.8%) from the previous month
• One year ago, the average selling price was $11,835
• Auction volume was essentially unchanged from the previous month

 

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About Ronnie Wendt

Ronnie Wendt is the editor in chief of RV Daily Report. She's been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and now the RV industry. She's not a stranger to RVs, however. She grew up camping, and still camps as many weekends as she can every year.

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