Black Book reported that the average selling price of motorized units at auction last month increased by nearly 9%, representing the third highest mark in history, according to RV Business.
“One thing that caught my eye was that there was a larger than usual amount of 2018 models in the mix, perhaps being disposed of to make room for some incoming 2019s,” said Black Book’s Eric Lawrence in a press release. “Auction volumes were up substantially across the board, not uncommon for this time of year as dealers adjust their inventory levels for winter.”
Taking a closer look at the markets, the average selling price for motorized units was $48,269, up $3,785 (8.5%) from the previous month. Towables came in at $13,939, an increase of $381 (2.8%) from last month. One year ago the average motorhome sold for $48,537 and the average towable unit brought $14,581.
Auction volume was up substantially as motorized increased 25% from the previous month and towables rose 18%. The average age of all units was eight years old.
I just read the article about RV sales being the highest ever but this article quotes “… larger than usual amount of 2018 models in the mix, perhaps being disposed of to make room for some incoming 2019s…” Okay, what am I missing because it seems like the two articles contradict each other.