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Editor’s note: This headline was changed from the original to reflect that volume dropped, but values stayed the same. The original had that reversed in the headline.
LAUREL, Md. — Auction volume was down last month, Black Book reported today, noting that motorized RVs dropped 5% from the previous month, while towables declined 19%.
“We are solidly into winter now, and brutally cold weather has gripped large parts of the country,” said Eric Lawrence, director of specialty vehicles.
“Although the volume of vehicles offered at auction has dropped, as we’d expect for this time of year, the values of those that were sold actually increased a little bit for both towables and motorized units,” he added.
“Most dealers will begin to restock their lots for the upcoming spring selling season in the next few months, so we expect prices to begin to rise as the weather gets warmer,” Lawrence explained.
The average selling price for motorized units was $43,435, which is up $303 (0.7%) from the previous month. Towables came in at $12,872, up $279 (2.2%) from last month.
One year ago the average motorhome sold for $46,135 and the average towable unit brought $13,533.
SOURCE: Black Book press release
The average ago of all units was eight years old (MY2011).