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Black Book: Wholesale RV Values Increase Across the Board

RVs on lot

“In a normal year, RV values would begin to decline as we head into winter, but as I’m sure you all know, this is anything but a normal year,” said Eric Lawrence at Black Book, in his most recent monthly report. “Wholesale values are up across the board, mirroring the seemingly never-ending growth on the new side, where shipments have just notched another all-time high. Perhaps the rise in motorized values reflects dealers’ concerns about possible chassis shortages next year.

“Taking a closer look at the markets, we see that the average selling price for motorized units was $81,384, which is up $6,394 (8.5 percent) from the previous month. Towables came in at $22,313, up $304 (1.3 percent) from last month. One year ago, the average motor home sold for $53,601 and the average towable unit brought $19,196.

Auction volume was down: motorhomes declined 22.4 percent while towables dropped 9.8 percent.

The average age of motorhomes was eleven years old (2010), and towables was six (2015).

Black Book Nov 21

Black Book Nov 21

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