Where Are Used Car and Used Camper Prices Headed in 2023?

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Like used cars, used camper sales prices have been on a roller coaster since 2020. However, prices for used RVs are unique as interest in RVs surged in 2020, and there simply wasn’t enough new vehicle inventory to satisfy it. Used camper sales prices soared as buyers turned to the used market. We’ll look at where prices are headed in 2023.

Massive Demand Increase In 2020

The pandemic in 2020 made people look at RVs as an alternative to public travel. RVs and campers allow people to travel in their own groups and be outdoors, which was incredibly appealing to the 2020 mindset. RV sales increased by 6% during that time, but by 2021, the numbers were even higher, with about 200,000 more RVs shipped versus 2020.

where are used car and used camper prices headed in 2023 - used rv

The huge increase in demand inflated both used camper sales prices and new RV prices. Despite over 600,000 RVs shipped that year, manufacturers still could not meet the demand. As you might expect, used RVs were also in short supply. However, by the end of 2022, some of the supply chain woes and soaring demand began to even out. How will used camper sales prices look in 2023?

Used Car and Used Camper Market Evolving In 2023

There have been many predictions of used car prices going down in 2023, though some say it won’t happen until the summer. There aren’t any absolutes on what might happen and when, but it appears that used camper sales prices are also going down. The empty RV lots of the 2020-2021 era appear to be over for now. Inventory slowly began to increase at the same time that demand slowly went down.

In 2022, more parts became available, and shipping delays eased, which allowed new RV dealers to restock their inventory. This led to less pressure on the used RV market, which gave used RV buyers more choices as those who wanted new RVs were able to get what they wanted.

where are used car and used camper prices headed in 2023 - used cars

Demand in 2022 went down as many pandemic RV buyers turned into RV sellers. Some decided that RV life wasn’t their thing, and many others simply returned to other methods of travel once things opened up again.

2023 Used Camper Sales Take Economic Hit

One thing is certain for 2023, the RV and camper market will take a hit from the economic downturn. If you’re planning to buy an RV in 2023, you might see some seriously reduced prices. The same is predicted for used cars at some point in the year. This is generally good news for buyers but not great news for sellers.

Several factors are at work for RV prices in 2023. Many remote workers are continuing to wander now that they’re able to work from anywhere. Plenty of pandemic buyers are still happy with their purchases. On the other hand, some RV owners don’t like the increased operating costs and are ready to sell. In other words, a buyer’s market for RVs may emerge at some point in 2023, or prices may dip a little, but not significantly.

Regardless of how it plays out, if you’re looking to buy a used car or RV in 2023, you’ll probably encounter better prices than in the previous three years.

This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.

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