Black Book’s RV Commentary for March reported RV dealers preparing for the selling season’s start by increasing wholesale auction purchases.
Towable auction volume rose 14.2% in January from the previous month while motorized auction volume rose 1.7%.
Eric Lawrence, principal analyst – specialty markets, said dealers are in stocking mode.
He said, “Several RV dealers have told us they are stocking up to be ready for the Spring rush.”
The average wholesale sales prices were mixed in January. Motorized values dipped while towable values rose for the first time since the summer of 2023.
Towable values averaged $18,329, up 2.5% from the previous month. The increase was the first since June 2023, when values averaged $25,056. Towable prices in January 2023 averaged $19,541.
On the motorized side, values fell 14.4% from the previous month to $53,551 in January. The average was down 21% from January 2023 levels.
The average towable age sold was five years, 2019 models. The average motorized age sold was 10 years, 2014 models.
