NADA Q3 Insights Show Upward Trend in RV Market

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NADAguides recently released its RV market insights for the third quarter of 2018, showing all segments of the market are trending positive. Values for camping trailers and truck campers continue to leave the previous three years behind. Camping trailers brought about 6 percent more money in the September-October period of 2018 compared to 2017, while truck campers brought about 5 percent more.

In the larger trailer segments, both standard hitch and fifth wheel trailers performed similarly to the September-October period of 2017. Standard hitch units were extremely stable throughout 2018, and fifth wheel units have been stable to upward since the second quarter. Currently, standard hitch trailers are off the 2015 peak by about 8 percent, and fifth wheel trailers are off by about 16 percent.

Class A and Class C units are showing strength, the NADA reported. Class A’s widened the gap to 2017 to about 2 percent, but are still off the 2015 peak by about 6 percent. Class C’s are now leading the previous three years, if just by a bit.

Economic factors impacting RV demand are generally positive. Employment and wage growth continue to grow. Interest rates could impact demand for the high-priced segments, but income and confidence could counteract that factor.

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