Black Book has released its most recent findings of the used RV market and found that the average selling price for motorized units was $48,573, which is down $1,094, or 2 percent, from the previous month.
Towables came in at $14,347, down $493 (3.3 percent) from last month. One year ago, the average motorhome sold for $44,450 and the average towable unit brought $15,021.
Black Book also reported that auction volume was off as motorhomes declined 22 percent and towables dropped 38 percent.
The average age of motorized units was eight years old (2011), while towables were a bit older at nine (2010).
“As we near the end of summer, and approach the beginning of fall, we’re seeing the market begin its normal seasonal shift,” said Eric Lawrence, Black Book’s principal analyst of specialty markets. “The bulk of consumer RV purchases is done in the spring and summer, so that’s when dealers typically stock up on inventory. As colder weather approaches, dealers are beginning to sell down their existing inventory, and are only buying to fill specific needs on their lots so as to not have to carry too many unsold units over the winter.”
For motorhomes (including Class A, B, and C):
- Average selling price was $48,573, down $1,094 (2 percent) from the previous month.
- One year ago, the average selling price was $44,450.
- Auction volume was down 22 percent from the previous month. The average model year was 2011.
For towables (including travel trailers and fifth wheels):
- Average selling price was $14,347, down $493 (3.3 percent) from the previous month.
- One year ago, the average selling price was $15,021.
- Auction volume was down 38 percent from the previous month. The average model year was 2010.
