Craiglist Rvs (2024)

FAQs

Has RV sales slowed down? ›

Ashurst said RV sales took off as Americans looked outdoors for social-distance-safe activities, then decelerated down almost 50% from their 2021 peak. Higher interest rates have also cut into demand.

New RV Market Status and Outlook

The most recent statistics reveal a positive increase, with overall shipments rising by 11.1% compared to the previous year, marking the third consecutive month of growth over 2023.

These PDI facilities and processes add expense, time, and labor costs to the manufacturing process. All this adds up and can raise the price of an RV. Buying an RV with fewer inspections may cost less up front, but you may take more risk that you'll pay more in service and lose time repairing your RV later.

Over the past few years, used motorized RVs have seen a consistent decrease in their market value, and this downward trend is still ongoing. In 2024, as newer models become more affordable and offer updated features, the appeal of older, used motorized RVs continues to decline, further driving down their prices.

Kelley Blue Book is a trusted resource for determining the value of traditional automotive vehicles. However, unfortunately, they do not offer a dedicated valuation service for RVs on their website or in their printed guides.

A local RV mechanic or dealership might offer appraisal services, and multiple opinions is the best way to really understand how much your unit is worth. Keep in mind, these appraisals may cost you a couple hundred dollars. Therefore, this method is probably better if you're looking to sell or trade a high-end RV.

The RV industry is expected to grow by a CAGR of 7% from 2021 to 2026. There has been approximately 30,000 RVs produced a month - a wide range of types of RVs. Over the past few years, the state that has sold the most RVs is California.

Is it financially smart to buy an RV? ›

Is an RV a Financial Investment? The short answer is no. With the exception of some in-demand vintage models, the value of an RV depreciates over time. An RV is an investment in a lifestyle, but you can mitigate the expense by renting it out when not in use through a third-party rental site like Outdoorsy or RVshare.

How long an RV, motorhome, or travel trailer lasts depends on various factors. However, generally speaking, two decades is reasonable for a well-maintained vehicle. The average lifespan of a Class A or a Class B RV or motorhome is between 10 and 20 years.

What's the best month to buy a used motorhome or travel trailer? On average, motorhomes and travel trailers are at their cheapest at the end of the year. You can also benefit from good deals in the neighboring months of November and February — after the high season ends and before the next spring season starts up.

There would be 3 reasons for buying an older RV. It won't cost as much as a new RV. It won't be as hard to fix when it breaks down (especially carbureted engines and engines made before 2000). If you don't plan on fixing them then don't worry about this.

Like all vehicles, RVs depreciate over time. You can determine an RVs depreciation by the vehicle's age, mileage, wear and tear, and the type of RV you own. Class A and Class B vehicles depreciate similarly, while Class C RVs depreciate more slowly and hold value slightly better.

“We're definitely seeing demand for RV travel slowed down compared to previous years, and I don't think it has to do with people coming out [the pandemic] and going on different kinds of trips,” Shneyder said. “I actually think it has a lot to do with people having less discretionary spending available.”

Driven by an increased interest in domestic travel and the shift towards more remote work, the compound annual growth rate of the North American recreational vehicle (RV) industry is expected to grow by 7%, from US $18.36 billion in 2023 to US $26.96 billion by 2028.

Brand-new RVs start losing value as soon as they're driven off the lot and continue to lose value throughout the first year rapidly. The RV depreciation rate increases at a steady rate after that until your RV hits double digits in age. Once an RV is ten years old or older, its value drops more rapidly.

Typically, late winter into early spring (late January until the end of March) is the most ideal time of year to sell your travel trailer, fifth wheel, or other type of RV. Putting your rig on the market early in the year and having patience will buy you some time to make the sale less time-constraining.