Price Reductions
Weekly price reductions on pre-owned RVs from 2024-02-21 to 2024-02-28
Price Reductions of Pre-Owned RVs
Value of Price Reductions by RV Type
Between 2024-02-21 and 2024-02-28 there were 7,191 pre-owned units available for sale. Of those 266 had a price reduction during this time period, or approximately 3.7% of the total inventory.
The average price drop was approximately $6,345.98, or 11.7% of the value of the unit - although there are differences that depend on factors like the type of unit and location.
Of the units that did have a price drop, the following graph shows the average amount of that drop as a percentage of the previous price.
Number of Price Reductions by RV Type
The following graph displays the overall number of units that had a price reduction, organized by RV type.
In addition to looking at the overall number of pre-owned units which had price reductions, it is also important to review this value as a percentage. The following graph displays the number of units with a price drop as a percentage of overall number of units for sale.
The category of Destination Trailer had the highest proportion of price reductions, with 9.1% of available units seeing a drop in price.
| RV Type | Units Available | Price Drops | Average Drop ($) |
|---|---|---|---|
| Destination Trailer | 11 | 1 | $5,000.00 |
| Fifth Wheel | 1,408 | 59 | $6,225.19 |
| Motor Home Class A | 500 | 17 | $13,960.06 |
| Motor Home Class B | 207 | 6 | $11,723.17 |
| Motor Home Class C | 568 | 30 | $11,280.53 |
| Park Model | 82 | 2 | $17,000.00 |
| Tent Trailer | 203 | 6 | $1,877.00 |
| Travel Trailer | 3,895 | 142 | $4,330.17 |
| Truck Camper | 163 | 3 | $3,174.67 |
Number of Price Reductions by Location
The following graph displays the overall number of units that had a price reduction, organized by location.
“NA” means that the location is not available.
In addition to looking at the overall number of pre-owned units which had price reductions, it is also important to review this value as a percentage. The following graph displays the number of units with a price drop as a percentage of overall number of units for sale.
| Province | Units Available | Price Drops | Average Drop ($) |
|---|---|---|---|
| Alberta | 1,485 | 94 | $7,179.23 |
| British Columbia | 1,258 | 73 | $6,267.59 |
| Manitoba | 269 | 1 | $8,496.00 |
| New Brunswick | 205 | 3 | $1,316.67 |
| Ontario | 1,746 | 58 | $2,329.48 |
| Quebec | 1,009 | 19 | $8,531.11 |
| NA | 1,243 | 18 | $13,666.83 |
| Newfoundland and Labrador | 9 | NA | NA |
| Nova Scotia | 173 | NA | NA |
| Prince Edward Island | 46 | NA | NA |
| Saskatchewan | 301 | NA | NA |
| Yukon | 9 | NA | NA |