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Black Book: Wholesale RV Values Reach All Time Highs

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“Although the values of used RVs sold at wholesale auctions had dipped in December, they rebounded in January and actually reached all-time highs,” said Eric Lawrence at Black Book, in his monthly report. “With the exception of a few blips, the values of both motorhomes and towables have increased steadily since late spring when RVing really caught on as a way to get out of the house and do something fun while still being safe and socially distant.”

The monthly report found that the average selling price for motorized units was $60,739, which is up $5,667 (10.2 percent) from the previous month. Towables came in at $19,570, up $1,379 (7.6 percent) from last month.  One year ago, the average motor home sold for $51,490, and the average towable unit brought $14,812.

Auction volume was up: Motorhomes increased 7.9 percent while towables rose 9.1 percent.

The average age of motorized units was ten years old (2011), and towables was seven (2014).

Black Book stats

Black Book stats

 

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