UNITED STATES — “RV values at auction, both motorized and towable, were very stable last month, with changes of less than two percent,” reports Eric Lawrence at Black Book RV Guide.
He notes that volume was up across the board, and attributes this to possibly being due to sellers “clearing their books” of unwanted inventory they were holding before the end of the calendar year.
He adds, “There were a larger than usual number of units in poor condition which were sent to auction last month, which is also not an uncommon solution for end of year ‘housekeeping.'”
“Taking a closer look at the markets,” Lawrence says, “we see that the average selling price for motorized units was $46,135, which is down $583 (1.2 percent) from the previous month. Towables came in at $13,533, up $208 (1.5 percent) from last month. One year ago the average motor home sold for $41,444 and the average towable unit brought $12,610.”
The report also found that auction volume was up substantially this month: motorized increased 17 percent and towables rose 20 percent.
SOURCE: Black Book RV Guide press release