Black Book reported that RV values at auction remain mixed during November.
“In October we noted that the values for towable and motorized units had moved in different directions for the first time in several months,” said Black Book’s Eric Lawrence. “They did it again in November, although in the opposite direction. Values typically fall as we head into the heart of the winter, with many dealers in the colder states sitting on the sidelines and waiting a few more months before stocking up for the spring selling season.”
Taking a closer look at the markets, the average selling price for motorized units was $46,718, down $2,493 (5%) from the previous month. Towables came in at $13,325, up $740 (5.8%) from last month. One year ago, the average motorhome sold for $35,015 and the average towable unit brought $11,181.
Auction volume was mixed as motorized increased 12% and towables fell 9%.