As travel trailer prices at auction continued a historic climb, motorhome values dropped substantially in October, though remained above 2015 values for the month, according to Black Book in its latest Market Insights report.
“Once again we’re seeing towables continue their record setting performance, which is fairly surprising given the time of year and the usual effects of seasonality,” Black Book Director of Specialty Products Eric Lawrence said in a written statement.
Seasonality appeared to have little affect on volume, too, which rose 12 percent for motorhomes. Towable volume climbed 8 percent.
“This is very unusual, as auction volume typically dips as the weather gets colder,” Lawrence said.
The average selling price for motorized units was $38,206, which is down $6,391 (14.3 percent) from September. Towables came in at $13,129 up $321 (2.5 percent) from last month. One year ago the average motorhome sold for $33,316 and the average towable unit brought $11,069.