RV wholesale prices appear to be returning to normal seasonal patterns, Black Book reported in its October RV Market Commentary report.
Eric Lawrence, principal analyst – specialty markets, noted the trend in towables from August’s data.
“Towables typically begin to decline as the temperature drops,” he said, “so this return to seasonal patterns is expected.”
Towable values fell 3.2% from the previous month to an average of $21,053. The average is about 2.5% higher than the average selling price from August 2022.
On the motorized side, average selling prices rose 4.4% from the previous month to $68,166. The average is 1.2% lower than the August 2022 average selling price.
“Motorhome values increased slightly while towables declined for the second month in a row,” Lawrence said. “For the better part of the year motorhomes followed a ‘one month up one month down’ pattern, but it is likely that this modest increase was due to their average age getting one model year newer.”
Motorhomes’ average model year sold in the month was 2014.
Auction volume fell in all RVs. Towable volume dropped 6.3% from the previous month, while motorized volume dipped 3.2%.