Black Book reported that RV values at auction remained steady in January as towable and motorized segments showed little variance from the previous month.
“For the second month in a row, the values of RVs sold at auction, including motorized and towable, were very stable, with changes of less than two percent,” said Eric Lawrence of Black Book. “They even went in the same direction this time, down a touch. With the prime spring selling season right around the corner, we’re beginning to see dealers stocking up on what they feel will be in demand in the coming months. I expect auction volume to increase as we move further into the new year.”
Taking a closer look at the markets, the average selling price for motorized units was $45,705, down $430 (0.9%) from the previous month. Towables came in at $13,301, down $232 (1.7%) from December. One year ago the average motorhome sold for $42,697 and the average towable unit brought $12,300.
Auction volume was very stable this month as the motorized segment was unchanged and towables rose 5%.