Here are the latest October insights and updates shared from Black Book and the ever-changing RV industry. Stay informed!
Towables are at an all-time high!
RV Values Mixed as Fall Arrives
“Fall has officially arrived, and with it a mixed market for the RV industry. It’s always nice when the motorized and towable units move in the same direction, but this month they diverged. It’s also interesting to note that towables are at an all time high. It’s an unusual time of the year for that to occur, so we’ll be anxiously awaiting the auction results for the coming month see where the market is heading.”
-Eric Lawrence, Principal Analyst – Specialty Markets
Taking a closer look at the markets, we see that the average selling price for motorized units was $44,219, which is down $4,354 (8.9%) from the previous month. Towables came in at $15,935, up $1,588 (11.1%) from last month. One year ago the average motor home sold for $44,484 and the average towable unit brought $13,558.
For Motor Homes (including Class A, B, and C)
- Average selling price was $44,219, down $4,354 (8.9%) from the previous month.
- One year ago, the average selling price was $44,484.
- Auction volume was up 21% from the previous month. The average model year was 2011.