July 25, 2024
News

Motorhome auction prices decline by 20.4% year over year

Recreational vehicles and trailers prices decreased sequentially and year over year at auction in May, stopping two months of consecutive increases in both categories. The average values for recreational vehicles dropped by 1.4% compared to the previous month and by 20.4% compared to the same time last year, reaching $58,411, as reported by Black Book. As for trailers, the average values decreased by 1.1% month over month and by 9.2% […]

**FAQ**

1. What caused the decrease in motorhomes and towables values at auction in May?
2. Are there any factors contributing to the downward trend in RV prices?
3. Will the values of recreational vehicles and trailers continue to decline in the coming months?

**Conclusion**

In conclusion, the data from Black Book indicates a downward trend in the values of motorhomes and towables at auction in May. It is essential for buyers and sellers in the recreational vehicle market to keep track of these fluctuations to make informed decisions. Stay updated on the latest market trends and pricing information to navigate the RV market effectively.

Leave a Reply

Your email address will not be published. Required fields are marked *