Report: RV Values Begin Seasonal Decline
Black Book has reported that the average selling price for used motorized units was $46,293, which is down $2,068 (4.2 percent) from the previous month. Towables came in at $15,188, down $724 (4.5 percent) from last month.
“As we get closer to winter, and the thermometer begins to drop into freezing temperatures, fewer and fewer consumers are thinking about buying and selling RVs, and this naturally influences dealer behavior as well…fewer sold units means less of a need to replace them,” said Eric Lawrence, principal analyst of specialty markets. “However, this is a great time for dealers to contact their customers about winterization and other off-season service needs.”
One year ago, the average motor home sold for $43,729 and the average towable unit brought $13,052.
Auction volume was mixed: motor homes were essentially unchanged and towables dropped 3 percent.
The average age of motorized units was seven years old (2012), and towables was slightly older at eight (2011).
For motorhomes (including Class A, B, and C):
- Average selling price was $46,293, down $2,068 (4.2 percent) from the previous month.
- One year ago, the average selling price was $43,729.
- Auction volume was unchanged from the previous month. The average model year was 2012.
For towables (including travel trailers and fifth wheels):
- Average selling price was $15,188, down $724 (4.5 percent) from the previous month.
- One year ago, the average selling price was $13,052.
- Auction volume was down 3 percent from the previous month. The average model year was 2011.