Dealers moving inventory has influenced the prices that towables are bringing at auction, according to Black Book’s Eric Lawrence.
“Motorhomes continued their familiar one month up, one month down pattern, but the real question here is ‘What’s going on with the towables?’ There was an unusually large number of ‘new’ 2022 models sent to auction last month,” said Lawrence. “This was most likely done to clear out aged inventory to take some pricing pressure off the remaining 2023 models and make room on dealers’ lots for the incoming 2024s.”
Taking a closer look at the markets, we see that the average selling price for motorized units was $68,405 which is down $4,988 (6.8%) from the previous month. Towables came in at $25,056, up $3,694 (17.3%) from last month. One year ago the average motorhome sold for $73,615 and the average towable unit brought in $20,257.
Auction volume was mixed: Motorhomes decreased 4.3% while towables increased 7.1%.
The average age of motor homes was 10 years old (2013) and towables was four (2019).
