The overall used RV market reversed course last month and recovered much of the ground it had lost the previous month.
Black Book reported that April saw both motorized and towable units increase in value at auction, which is “what we had expected to see in March when instead we saw modest declines.” The number of wholesale units sold at auction was up from last month for both major segments (15% for motorized and 21% for towable), which makes the corresponding rise in values a bit surprising.
“Our read on the current market results is that the dip in values for March was an anomaly, and that normal seasonal patterns have resumed,” said Eric Lawrence, director of specialty products for Black Book.
The average selling price for motorized units was $37,850, an increase of $2,011 (5.6%) from the previous month. Towables came in at $10,832, up $274 (2.5% ) from last month.
One year ago the average motorhome sold for $33,934 and the average towable unit brought $11,153.