Seasonal RV Prices Dip
According to RV Business, Black Book reported RV values at auction are seeing “typical seasonal patterns” as motorhomes dropped for the second month in a row in November while travel trailers and fifth-wheels experienced their third consecutive month of decline.
“We expect this trend to continue for another month or two until dealers begin to stock up for the spring selling season,” noted Eric Lawrence, principal automotive analyst, specialty vehicles.
Taking a closer look at the markets, the average selling price for motorized units was $45k, down $909 (2%) from October. Towables came in at $14k, a decrease of $1,067 (7%) from prior month. One year ago the average motorhome sold for $43k and the average towable unit brought $13k. Auction volume was up across the board as motorhomes increased 4.4% and towables rose 6.5%. The average age of motorized and towable units was eight years old.
(Source: RV Business January 6, 2020)