Black Book reported that RV values at auction in April were mixed with motorized units retreating while towables registered a small gain.
“With the exception of February, motorhomes have been dropping consistently since last October,” said Black Book’s Eric Lawrence. “Granted, that could change next month, but we should all be keeping an eye on it. On the volume side, motorized is essentially unchanged, but the volume of towables sold at auction spiked last month, mirroring the performance of new models.”
Taking a closer look at the markets, the average selling price for motorized units was $42,591, down $2,862 (6.2%) from the previous month. Towables came in at $13,792, representing a gain of $273 (2.1%). One year ago the average motorhome sold for $41,149 and the average towable unit brought $13,591.
Auction volume was also mixed as motorized was essentially unchanged and towables increased 20%.