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Sunday, April 3, 2022

Used RV Prices Suggest Buyer Optimism

Above, The Beast at Ventura Beach RV Resort. Photo by Armand Vaquer.

With sky-high gasoline and diesel prices at the pump, one would thing that would put a damper on RV sales, new and used ones.

Apparently, that is not the case as prices for used RVs suggest.

According to RV Travel:

War in Europe. Pump prices at all-time highs. Crowded campgrounds with reservations hard to come by. One might think these factors would tend to frighten potential RV buyers. But the latest report on used RV prices at auction seems to indicate buyers aren’t letting themselves be frightened. 

Spring drives buyers to dealers
According to BlackBook.com, a vehicle sales number crunching firm, February used auction sales were a mixed bag. “Spring has arrived in many parts of the country, and eager customers are beginning to flock to dealers’ showrooms,” writes Eric Lawrence, the Principal Automotive Analyst for Specialty Vehicles. “Motorhome values bounced back this month after three months of declines, but towables gave back some of the gains they notched last month.”

 To read the full article, go here.

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