Report: New Historical Wholesale Auction Highs
RVs’ wholesale auction values set new high levels again in May, according to the Black Book RV Market Commentary.
RVs’ wholesale auction values set new high levels again in May, according to the Black Book RV Market Commentary.
The latest RV Market Commentary from Black Book found wholesale RV prices at record prices in April. The report marks the fourth consecutive month towable wholesale prices set new historical highs.
Current events are impacting both the wholesale and retail side of the RV business. All segments declined last month, with motorized seeing the biggest drop. That was expected due to the unusually high wholesale values Black Book…
The average sale price of used towables (travel trailers and fifth wheels) was $15,253 in December 2019, according to Black Book’s monthly used RV market report. Prices were up more than 18 percent from December 2018.
Lawrenceville, Georgia-based Black Book reports RV values are in a typical seasonal pattern. Motorhome values have dropped for the second month in a row, and travel trailers and fifth wheels saw their third consecutive decline.
Used vehicle sales prices declined sharply in November after a strong start earlier in 2019. November of 2019 ended as the weakest month for used vehicle sales in two years, according to the Black Book Market Insights Report.
Used RV prices have begun their annual seasonal decline according to a new report from Black Book. The latest monthly RV Market Commentary report breaks down sales of used motorhomes, fifth wheels and travel trailers. For motorhomes, including type A, B and C units, the average selling price was $46,293, down $2,068 (4.2 percent) from the previous month.
As the camping season ramps up, Black Book reports wholesale RV auction volume is up for motorized and towable RVs over the prior month. According
Wholesale RV auctions saw dramatic increases in volume in March, according to Black Book’s RV Market Commentary for May. Towable auction volume soared 19.6% in
Black Book’s RV Market Commentary for April found wholesales RV values mixed, with towable RV values up from the previous month and motorized values down.
DRN Media dba RV News
685 S Arthur Ave., Ste 6
Louisville, CO 80027
(720) 353-4003 (Hit ext. 1 for the Operator)
RV News magazine
720-353-4003
[email protected]
Copyright 2019 DRN Media Inc.
All rights reserved.