Eric Lawrence’s monthly report for Black Book shows wholesale RV auction prices that run the gamut.
“Most areas of the country are beginning to enjoy milder spring weather, and that always gets shoppers headed out to the dealerships. The average auction prices of the segments we track moved in opposite directions last month, but I think that may be due largely to the changes in the relative average ages of the vehicles; motorhomes were a little older and towables were a little newer than the month before. Expect 2023 to be a very different year from the last one. We expect auction volumes to increase going forward as dealers begin to see more trade-ins.”
The average selling price for motorized units last month was $62,690, which is down $4,849 (7.1%) from the previous month. Towables came in at $21,077, up $1,536 (7.8%) from last month. One year ago, the average motorhome sold for $76,332 and the average towable unit brought $20,938.
Auction volume was up: Motorhomes increased 5.6% while towables rose 0.1%.
The average age of motor homes was twelve years old (2011) and towables was five (2018).
