Black Book: Wholesale RV Values Continuing to Decline

Black Book, which publishes a family of vehicle appraisal guides, has released the Black Book RV market commentary for November.

“The average values for Motorhomes and Towables sold at auction fell slightly once again last month.  This is the second consecutive month of decreases across the board, which more than likely indicates the beginnings of a return to normal seasonal patterns.  As more new 2025 models continue to arrive on dealer’s lots we expect used values to trend downward as we head into colder weather,” reported Eric Lawrence, Black Book principal analyst – specialty markets.

Taking a closer look at the markets, we see that the average selling price for motorized units was $65,973, which is down $2,226 (3.4%) from the previous month.  Towables came in at $18,736, down $312 (1.6%) from last month.  One year ago the average motorhome sold for $61,575 and the average towable unit brought $20,138.

Auction volume was mixed: motorhomes increased 18.2% while towables decreased 0.9%. 

The average age of motorhomes was eight years old (2016) and towables was five (2019).

The post Black Book: Wholesale RV Values Continuing to Decline first appeared on RVBusiness - Breaking RV Industry News.