Used Motorized RV Values Down 8.9 Percent
Black Book recently reported the used values of RVs as fall approaches, showing that the average selling price for motorized units was $44,219, which is down $4,354 (8.9 percent) from the previous month. Towables came in at $15,935, up $1,588 (11.1 percent) from last month. One year ago, the average motor home sold for $44,484 and the average towable unit brought $13,558.
“Fall has officially arrived, and with it a mixed market for the RV industry,” said Eric Lawrence, Black Book’s principal analyst of specialty markets. “It’s always nice when the motorized and towable units move in the same direction, but this month they diverged. It’s also interesting to note that towables are at an all-time high. It’s an unusual time of the year for that to occur, so we’ll be anxiously awaiting the auction results for the coming month see where the market is heading.”
Auction volume was up: motor homes increased 21 percent and towables rose 23 percent.
The average age of motorized units was eight years old (2011), and towables was the same.
For motorhomes (including Class A, B, and C)
- Average selling price was $44,219, down $4,354 (8.9 percent) from the previous month.
- One year ago, the average selling price was $44,484.
- Auction volume was up 21 percent from the previous month. The average model year was 2011.
For towables (including travel trailers and fifth wheels)
- Average selling price was $15,935, up $1,588 (11.1 percent) from the previous month.
- One year ago, the average selling price was $13,558.
- Auction volume was up 23 percent from the previous month. The average model year was 2011.