Wholesale RV Values Decline As Economic Outlook Weakens

Black Book, which publishes a family of vehicle appraisal guides, has released the Black Book RV Market Commentary for October.

“The average sales prices for motor homes and towables sold at wholesale auctions decreased last month, as auction volume increased to more typical levels.  Various RV organizations reported that both manufacturer shipments and retail sales are down on new units, so it is very likely that as they become more available and dealers begin to discount, used RV values will follow suit,” said Eric Lawrence, Black Book principal automotive analyst, specialty vehicles.

For Motor Homes (including Class A, B, and C)

• The average selling price was $69,003, down $10,665 (13.3%) from the previous month.
• One year ago, the average selling price was $69,953.
• Auction volume was up 23.3% from the previous month.  The average model year was 2011.

For Towables (including Travel Trailers and Fifth Wheels)

• The average selling price was $20,532, down $689 (3.2%) from the previous month.
• One year ago, the average selling price was $24,280.
• Auction volume was up 10.1% from the previous month.  The average model year was 2016.

Source: https://rvbusiness.com/wholesale-rv-values-decline-as-economic-outlook-weakens/