Advertisement

RV Values at Auction Continue to Sizzle, Black Book


The latest Black Book RV Market commentary has been released, and it shows that auction volume went up substantially: motorized increased 13 percent and towables jumped 19 percent. 

Taking a closer look at the markets, Black Book saw that the average selling price for motorized units was $44,379, which is up $5,534 (14.2 percent) from the previous month. Towables came in at $13,397 up $162 (1.2 percent) from last month. A year ago, the average motor home sold for $35,168 and the average towable unit brought $11,965.

“Warmer weather is here and the spring market is upon us,” said Eric Lawrence, Black Book’s director of specialty markets. “Towable sales at auction set another record last month, and Motor Home values hit their second highest value since the summer of 2010.  The overall economy is strong, consumer confidence is up, and consumers are buying RVs in record numbers.  Many of these new RV sales result in a used unit coming to the market, and dealers are stocking up to handle the customers who don’t want to buy new.”

Got a news tip? Contact David MacNeal