Black Book: Wholesale RV Values Drop Slightly As Temps Rise – RVBusiness – Breaking RV Industry News
Black Book, which publishes a family of vehicle appraisal guides, has released the Black Book RV market commentary for July.
“After two consecutive months of increases, the average values for both motorhomes and towables sold at wholesale auctions reversed course and declined slightly last month. Overall volume was down moderately as well, with regard to both units offered and percentage sold. Some dealers may be shifting their focus to new units as the first wave of 2025 models begin to appear on their lots,” reported Eric Lawrence, Black Book principal analyst – specialty markets.
“Taking a closer look at the markets, we see that the average selling price for motorized units was $58,411 which is down $820 (1.4%) from the previous month. Towables came in at $19,389, down $217 (1.1%) from last month. One year ago the average motorhome sold for $73,393 and the average towable unit brought $21,362,” Lawrence said.
Auction volume was down: motorhomes decreased 7.9% while towables dropped 15.3%.
The average age of motorhomes was nine years old (2015) and towables was six (2018).
