With autumn officially making its presence felt in many parts of North America, wholesale RV values are up or down, depending on what type of unit is being considered.
“Motorhome values increased slightly while towables declined for the second month in a row,” said Eric Lawrence at Black Book. “For the better part of the year motorhomes followed a ‘one month up one month down’ pattern, but it’s likely that this modest increase was due to their average age getting one model year newer. Towables typically begin to decline as the temperature drops, so this return to seasonal patterns is expected.”
Taking a closer look at the markets, the report said the average selling price for motorized units was $68,166 which is up $2,850 – or4.4% – from the previous month. Towables came in at $21,053, down $697 – 3.2% – from last month. One year ago, the average motorhome sold for $69,003 and the average towable unit brought $20,532.
Auction volume was lower: motorhomes decreased 3.2% while towables dropped 6.3%.
The average age of motor homes was nine years old (2014) and towables was four (2019).