Black Book released its monthly commentary for April.
“The average values for motorhomes and towables sold at auction were mixed once again last month, but in the opposite way from which they were the month before, with Motorhomes decreasing while towables finally managed an increase, snapping a three-month losing streak. Dealers we have spoken to have told us they are stocking up on towables for the expected rush of spring buyers,” said Eric Lawrence, principal analyst for Black Book.
Taking a closer look at the markets, the average selling price for motorhomes was $54,851, which is down $8,495 (13.4%) from the previous month. Towables came in at $17,660, up $1,745 (10.9%) from last month. One year ago, the average motorhome sold for $55,203 and the average towable brought $18,167.
Auction volume was up significantly: motorhomes increased 28.4% while towables rose 16.4%.
The average age of motorhomes was ten years old (2015) and towables was five (2020).
