If you are an owner of a towable, the good news is that they are holding their value. If you are a buyer, expect to pay a bit more.
“The average selling price of towables at auction last month jumped by 11 1/2 percent, notching an all-time high at $14,804,” reported Eric Lawrence, director of Specialty Markets at Black Book as reported by RV Daily Report.
He added, “Motorized units dipped a bit, but still maintained most of the gains realized in the previous month. Beginning this edition, we’ll be including a new statistic – the average age of the units sold at auction. In our inaugural survey, the average unit sold at auction was a 2011 model, or seven years old.”
Notable findings for motorhomes (including Class A, B, and C) included:
The average selling price was $45,566, down $973 (2 percent) from the previous month. One year ago, the average selling price was $41,494. Auction volume was up 24 percent from the previous month.