Black Book recently took a closer look at the used RV markets and found that the average selling price for motorized units was $43,854, which is down $7,762 (15.1 percent) from the previous month. Towables came in at $14,462, down $350 (2.3 percent) from last month.
One year ago, the average motorhome sold for $41,846 and the average towable unit brought $12,832.
“I’m sure you’ve been watching the news, so I won’t go into anything about the coronavirus beyond that we are watching the markets closely to see how current events are impacting both the wholesale and retail side of things,” said Eric Lawrence, principal analyst of specialty markets at Black Book. “All segments declined last month, with motorized seeing the biggest drop, but that was expected due to the unusually high wholesale values that we saw two months ago, which were most likely exaggerated by the low volume that had run through the auctions.”
Auction volume was up quite a bit: motorhomes jumped 51.5 percent while towables rose 30.5 percent.
The average age of motorized units was seven years old (2013), and towables were the same (2013).
For motorhome (including Class A, B, and C):
- Average selling price was $43,854, down $7,762 (15.1 percent) from the previous month.
- One year ago, the average selling price was $41,846.
- Auction volume was up 51.5 percent from the previous month. The average model year was 2013.
For towables (including travel trailers and fifth wheels):
- Average selling price was $14,462, down $350 (2.3 percent) from the previous month.
- One year ago, the average selling price was $12,832.
- Auction volume was up 30.5 percent from the previous month. The average model year was 2013.
