Motorized RV Market Report Offers Monthly Snapshot – RVBusiness – Breaking RV Industry News
Motorized RVs showed a 193% annual turnover ratio – how quickly a company can convert its inventory purchases into revenue – in the January report of the New Motor Home Market Summary. For context, a 100% turnover rate would mean 12 months wholesale shipments replaces inventory only once per year
Among other measurements in the January report, at 24,221 units, motorized retail listings for January 2024 are 2% less than the previous month and 4% less than January 2023. In addition, across all motorized segments, the average time spent on dealer lots is 189 days, according to the report, which sources its information from RVTrader.com, CampingWorld.com and elsewhere.
Digging a little deeper, the data-rich report shows the number of retail listings for Class A, C and B segments, a month-over-month comparison of those figures, the annual turnover ratio, the estimated days in inventory, and the 12 months wholesale shipments for each category as well.
In an even more comprehensive way, each report also details additional data broken down by manufacturer and brand as well as dealer group.
Developed by John Thalacker of Motorhomes.com, the New Motor Home Market Summary report is designed to offer a monthly snapshot of the market performance for motorized RVs.
The idea, Thalacker told RVBusiness, is to educate himself and share what he learns about the RV industry.
“I thank each of you for your interest. Feel free to reach out,” he said.
For more information, contact Thalaker at: motorhomesmagazine@gmail.com.