RV Market Insights Year End 2021
RV’s exploded in popularity in 2020 and 2021. it didn’t take long for new and used vehicle inventory to dry up, as ongoing parts shortages curtailed production. Buyers new to the category got used to high pricing in 2021.
Looking at individual segments, the most recent 10 years of standard hitch travel trailer values averaged 32.8% higher in calendar-year 2021
compared to 2020, and 42.5% higher than 2020. Fifth- wheel units averaged 25.9% higher year-over-year, and 43.2% higher than 2019. Class A Motorhome values averaged 19.7% higher year-over-year, and 25.6% higher than 2019. Class C Motorhome values averaged 25.3% higher in 2021 than 2020, and 32.1% higher than 2019. Camping trailers brought 36.8% more money year-over-year, and 40.3% more than 2019. Truck camper values averaged 30.5% higher in 2021 than 2020, and 39.8% higher than 2019.
New and used vehicle supply still lags demand and will continue to into the spring selling season. Expect continued strong pricing in the 1st quarter.