Industry Overview
RV Market Update
This summer has been a very busy time for dealers as they ride the wave of strong momentum from Q1 into Q2. Based on industry projections, the RV industry is on track to have its best year on record since 1980. This is supported by the increased NADAguides.com web traffic shown in the values vs. traffic charts in this report.
There are many factors contributing to the RV industry’s growth. Gas prices continue to be relatively low, mortgage rates are near historic lows, auto rates also remain low, inflation is in check, and the unemployment picture continues to improve. Furthermore, we have seen gains in the job market, household incomes are increasing, more baby boomers are retiring or purchasing an RV, and millennials are entering the RV market. Not only has 2016 been a banner year, but 2017 is projecting to be even better than 2016.
RV Values
Edition-Over-Edition Change in Values by Category
May-June 2016 Edition Versus July-August 2016 Edition
Based on our data findings and dealer feedback we will continue to see downward pressure on all used values, with motorhomes and trailers seeing the biggest movements. You can expect to see continued downward pressure for the remaining summer months.
Year-Over-Year Change in Used Retail
TOWABLE
UNITS |
MOTORIZED
UNITS |
| -3.3% |
-3.6% |
NADAGuides Change in Average Appraisal Amounts Edition-Over Edition by Unit Type
| Category |
Body Type |
Used Wholesale Trade-In |
Used Retail |
| Camping Trailer |
All |
↓ -2.8% |
↓ -1.9% |
| Motorhome |
Micro Mini Motorhome (Class C) |
↓ -0.2% |
↓ -0.2% |
| Motorhome |
Mini Motorhome (Class C) |
↓ -3.8% |
↓ -3.0% |
| Motorhome |
Motorhome (Class A) |
↓ -5.5% |
↓ -4.7% |
| Motorhome |
Towing Motorhome (Class A) |
↓ -6.8% |
↓ -5.9% |
| Motorhome |
Van Motorhome (Class B) |
↓ -4.9% |
↓ -4.0% |
| Park Model |
All |
↓ -1.6% |
↓ -2.5% |
| Travel Trailer |
Fifth Wheel |
↓ -4.7% |
↓ -3.8% |
| Travel Trailer |
Standard Hitch |
↓ -3.7% |
↓ -3.5% |
| Truck Camper |
All |
↓ -4.5% |
↓ -3.9% |
Fuel Price Data
A view of the national average fuel prices and year-over-year change is supplied to provide support for longer-term strategic planning.
Regular Grade Gasoline Prices (All Formulations)
On-Highway Diesel Fuel Prices
NADAguides
Disclaimer
J.D. Power makes no representations about future performance or results based on the data and the
contents available in this report (“Market Insights”). Market Insights is provided for informational purposes only and is
provided AS IS without warranty or guarantee of any kind. By accessing Market Insights via email or the NADAguides website,
you agree not to reprint, reproduce, or distribute Market Insights without the express written permission of National
Appraisal Guides, Inc.
About NADAguides.com
NADAguides.com, the largest publisher of the most market-reflective vehicle pricing and information available for new and used
cars, classic cars, motorcycles, boats, RVs and manufactured homes, offers in-depth shopping and research tools including a
broad range of data, products and service and informational articles as well as tips and advice. NADAguides.com also produces
electronic products, mobile applications, raw data, web services, web-syndicated products and print guidebooks. NADAguides.com
is owned and operated by J.D. Power. © J.D. Power and
Associates 2019.
J.D. Power
PO Box 7800
Costa Mesa, CA 92628
(800) 966-6232
Fax (714) 556-8715
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