The price of towables rose while the average price of used motorhomes dipped last month, according to Ricky Beggs, editorial director at Black Book.
The average price of a used motorhome sold at auction this past month dropped to $33,478, down $1,486, about 4 percent, from last month’s $34,964.
Used motorhome prices since 2010. Click to enlarge. Images courtesy Black Book.
Travel trailer sales rose in November after a dip in October.
There are several factors which can affect the average amounts that used units sell for at auction, including condition, mileage, and product mix, so a big drop or increase in auction prices doesn’t necessarily signal that a broader market correction is due, Beggs said.
Within the Black Book Official RV Value Guide, the average amount of change for motorized units was down 2 percent, travel trailers and fifth wheels were up a half percent, camping trailers and truck campers dropped about 1.5 percent, and park models lost a little more than 2 percent.