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VIDEO 3: ‘Black Book’ Sees Auction Values Fall

September 3, 2013 by · Comments Off on VIDEO 3: ‘Black Book’ Sees Auction Values Fall 

Today’s video comes from “Beggs Black Book” offering a monthly analysis of the wholesale specialty vehicle market. The average auction prices of used motorhomes and towables dropped dramatically last month, but a closer look at the data reveals some insight that takes away some of the sting of the bad news. Motorhomes came in at an average selling price at auction of $35,899, which is $3,313 (9%) less than last month’s $39,212. Towables, including travel trailers, fifth-wheels and camping trailers, dropped to $10,218, a decrease of $1,029 (10%) from last month’s $11,247.  For reference, one year ago motorhomes were selling for $41,652 and towables were $11,195. Although those look like huge declines at first glance, they are not as bad as they seem. The average motorhome sold for 97.41% of its Black Book RV Guide value last month, down only slightly from 99.20% two months ago. Towables came in at 100.42% of their Black Book value, as opposed to their earlier ratio of 103.88%. So what does this tell us? Clearly, the market has declined a few percentage points, but what is really going on is that this past month more lower-end units were sold than had previously. Ricky Beggs covers towable and motorized RVs, along with heavy-duty trucks, motorcycles/powersports and collectible cars. To access the video click here or scroll to the right side of the RVBUSINESS.com home page.

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Beggs Black Book: MH Wholesale Value up 6.5%

April 2, 2012 by · Comments Off on Beggs Black Book: MH Wholesale Value up 6.5% 

Click here to watch the latest Specialty Market video from Ricky Beggs and Black Book, which includes a recap of the wholesale RV market. Beggs reports that RVs have really started to move upwards, building on last month’s gains. Motorhome values came in at an average of $41,659, up over $2,500, or 6 ½%, from last month. Towables values gained $120, or just over 1%, for a new average of $10,075. In addition to RVs, Beggs covers heavy-duty trucks, motorcycles/powersports and collectible cars.

 

 

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Begg’s Black Book: Wholesale RV Values Down

February 2, 2012 by · Comments Off on Begg’s Black Book: Wholesale RV Values Down 

Click here to watch the latest Specialty Market video from Ricky Beggs and Black Book. Beggs reported that wholesale values of motorized units at auction dropped less than $400 to $37,454 in January compared to the prior month, while towables values were down $32 to $9757. In addition to RVs, Beggs covers heavy-duty trucks, motorcycles/powersports and collectible cars.

 

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Begg’s Black Book: Coach Value Up at Auctions

September 1, 2011 by · Comments Off on Begg’s Black Book: Coach Value Up at Auctions 

Click here to watch the latest Specialty Market video from Ricky Beggs and Black Book. He covers RVs, heavy-duty trucks, motorcycles/powersports and collectible cars. Beggs reported that wholesale values of motorized units are up this month at auction an average of $1,621, or 4%, and towables, including travel trailers, fifth-wheels and camping trailers, are up $205, or a more modest 2%.

 

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Beggs Black Book: Used Coach Values Down

June 8, 2011 by · Comments Off on Beggs Black Book: Used Coach Values Down 

Click here to watch the latest Specialty Market video from Ricky Beggs and Black Book. He covers RVs, heavy duty trucks, motorcycles/powersports and collectible cars. The RV segment starts at the 3:42 mark.

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