Black Book: Wholesale RV Values Mixed as Winter Arrives – RVBusiness – Breaking RV Industry News

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Black Book, which publishes a family of vehicle appraisal guides, has released the Black Book RV market commentary for December.

“Motorhomes continued their frustrating “one month up one month down” pattern again (although their overall direction is clearly declining), but Towables were relatively consistent, with their values falling for the fourth consecutive month. Several dealers we have spoken to in the colder states have said they are basically shutting down for a few months, so future auction activity may be a little slower,” 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 $63,812 which is up $2,234 (3.6%) from the previous month. Towables came in at $18,941, down $1,197 (5.9%) from last month. One year ago the average motorhome sold for $62,070 and the average towable unit brought $20,187.

Auction volume was higher: motorhomes increased 0.1% while towables edged up 1.6% and the average age of motor homes was nine years old (2014) and towables was five (2018).