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VIDEO 3: ‘Black Book’ Sees Auction Values Fall

September 3, 2013 by · Leave a Comment 

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 · Leave a Comment 

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: RV Values Rise at Wholesale

March 1, 2012 by · Leave a Comment 

Click here to watch the latest Specialty Market video from Ricky Beggs and Black Book, which includes a recap of the wholesale RV market. The big news is that RVs have started their seasonal climb, reversing the winter trends. Motorhome values at auction came in at an average of $39,111, up $1,657 or 4 ½% from last month. Towables were up $198, or 2%, for a new average of $9,995. In addition to RVs, Beggs covers heavy-duty trucks, motorcycles/powersports and collectible cars.

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Begg’s Black Book: Wholesale MH Values Rise

October 3, 2011 by · Leave a Comment 

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 $803, or 2%, and towables, including, travel trailers, fifth-wheels and camping trailers, are down $663, or 6%.

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