RV 2023 Year End Market Insights

RV MARKET INDUSTRY OVERVIEW
All segments of the RV market are depreciating in a market generally defined by higher supply and tougher finance
conditions. However, values are still strong by historical standards.

Looking at individual segments, the most recent 10 years of Standard Hitch trailer values averaged 5.4% lower in the November-December period compared to September- October, and 4.0% lower in calendar-year 2023 compared to 2022. Fifth Wheel units averaged 4.0% lower in November- December compared to September-October, and 2.5% lower in full-year 2023 compared to 2022. In the Motorhome segment, Class A vehicles averaged 1.1% lower in November-December compared to September-October, and 2.5% lower in 2023 compared to 2022. Class C motorhomes averaged 2.9% lower in November-December compared to September-October, but 1.3% higher in 2023 compared to 2022.

Camping Trailer values were 1.3% lower in November-December compared to September-October, and 3.3% lower in 2023 compared to 2022. Truck Campers averaged 4.5% lower in November-December compared to September-October, but 0.6% higher in 2023 compared to 2022.