The RV and travel trailer industry benefited from the shift from air travel to road travel in 2020. Every segment of our industry saw values increase in 2020, with most segments not seeing any seasonal pullback in values.
Looking at travel trailers, standard hitch units brought 7.4% more money in 2020 than 2019, and that gap widened in the second half of the year. Fifth-wheel units had already started the year strong before COVID hit, and really took off as the year progressed, averaging 13.7% more money yearover-year.
Motorhomes beat 2019 by a notable margin, with Class A vehicles coming in 4.9% higher year-over-year, and Class C units 5.4% higher.
Smaller vehicles were also stronger in 2020, with camping trailers averaging 2.6% more money in 2020, and truck campers 7.1% ahead. Both of these segments saw values continue to increase through the 4th quarter, with no traditional seasonal pullback.
The RV industry continues to benefit from the shift to experience-oriented road travel. 2021 begins on strong footing.
|200,000 - 450,000|
|100,000 - 199,999|
|120,000 - 250,000|
|50,000 - 119,999|
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