Black Book analysts’ latest monthly RV Market Commentary reported “strong sales” despite consumer finance worries.
According to Eric Lawrence, principal analyst for specialty markets, motorhome wholesale values rose slightly last month, but towables dipped a little bit. Auction volumes rose across the board.
“The volatile performance of the stock market and less than ideal economic reports in recent weeks have many consumers saying they are worried about their finances in the upcoming year, but the dealers we have spoken to continue to report strong sales and good showroom traffic,” Lawrence said.
The average wholesale selling price for motorized units (including Type A, B and C) was $76,418, which is up $86 (0.1%) from the previous month. One year ago, the average motorhome sold for $62,967. Auction volume was up 6.7% from the previous month. The average model year was 2007.
For towables (including travel trailers and fifth wheels), the average selling price was $20,361, down $577 (2.7%) from the previous month. One year ago, the average selling price was $21,821. Auction volume was up 8.2% from the previous month. The average model year was 2016.
