RV wholesale values rebounded to all-time highs in January following a December dip, Black Book reported.
Motorized units were up $5,667 and towables saw a $1,379 increase compared with the previous month.
“With the exception of a few blips, the values of both motorhomes and towables have increased steadily since late Spring, when RVing really caught on as a way to get out of the house and do something fun while still being safe and socially distant,” Black Book’s Principal Analyst of Specialty Markets Eric Lawrence said.
Average motorized selling points came in at $60,739, a 10.2 percent increase from the previous month. One year ago, that average was $51,490, up 18 percent year-over-year. Motorized auction volume was also up 7.9 percent.
On the towables side, a $19,750 average selling point was 7.6 percent more than the previous month. The average one year ago was $14,812, showing a 33.3 percent increase. Towable auction volume was up 9.1 percent.