RV values back off as colder weather approaches

UNITED STATES — Black Book reports that RV values are trending downward as winter sets in.

“The average selling price of motorized units at auction last month dropped roughly 9 percent, which sounds significant, but if you exclude September’s unexpected price spike, the drop is really only about 1 1/2 percent from two months ago, which would be expected going into colder weather. Trailer values have fallen off a decent amount from their summer highs, but it’s nothing that is unexpected for the time of year,” reported Eric Lawrence, director of specialty markets for Black Book.

For Motor Homes (including Class A, B, and C)
• Average selling price was $43,729, down $4,540 (9.4 percent) from the previous month
• One year ago, the average selling price was $49,211
• Auction volume was up 3% from the previous month. The average model year was 2011.

For Towables (including Travel Trailers and Fifth Wheels)
• Average selling price was $13,052, down $887 (6.3 percent) from the previous month
• One year ago, the average selling price was $12,585
• Auction volume was down 16% from the previous month. The average model year was 2010.

 

Ronnie Wendt

Ronnie Wendt

Ronnie Wendt has been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and 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. She is the owner of In Good Company Communications and can be reached at ingoodcompanycommunications@gmail.com.

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