The price of used RVs at auction continued its 2015 trend of mixed results through the month of August as the used price of motorhomes dropped while the price of travel trailers and fifth wheels increased, reports Black Book.
“The only constant in the RV market of late has been its inconsistency,” Black Book’s Eric Lawrence said in a news release. “That may sound counterintuitive, but the values of motorized and towable units have not moved in the same direction since April.”
Reversing the prior month’s pattern, motorhome prices dropped 7.1 percent and towables increased 1.8 percent.
“By this time of year, I would expect them to both start declining as we head into colder weather,” Lawrence said.
The average selling price for motorized units was $37,363, which is a decrease of $2,874 (7.1 percent) from the previous month. Towables came in at $11,046, up $202 (1.8 percent) from last month. One year ago the average motorhome sold for $37,995 and the average towable unit brought $10,168.