Black Book: RV Values Mixed As Weather Turns Colder – RVBusiness – Breaking RV Industry News
Black Book, which publishes a family of vehicle appraisal guides, has released the Black Book RV market commentary for December.
“The average values for motorhomes and towables sold at auction were mixed last month, with towables increasing slightly and motorhomes dropping quite a bit,” reported Eric Lawrence, Black Book principal analyst – specialty markets. ‘Much of that decline can be attributed to the mix of units running through the lanes (there were significantly fewer high-end Class A models), but the prices were still some of the lowest we have seen for the past several years.”
“Taking a closer look at the markets, we see that the average selling price for Motorhomes was $54,243, which is down $11,730 (17.8%) from the previous month. Towables came in at $19,062, up $326 (1.7%) from last month. One year ago the average motorhome sold for $63,812 and the average towable brought $18,941,” Lawrence said.
Auction volume was down: motorhomes declined 4.3% while towables dropped 1.5%.
The average age of motorhomes was eight years old (2016) and towables was four (2020).
