The motorcycle and powersports market picks up right where we left off last month with numbers that look very similar to what we’ve seen in the previous couple of months. Values are up where they should be, but by very small amounts. Most segments (cruisers, off-road, on/off-road, scooter, street and utility bikes) are up between .5 and 1 percent with the following exceptions:
Personal watercraft and jet boats are up by 1.4 percent, reflecting the arrival of warmer weather. As expected, snowmobiles currently are non-players at the auction level, dropping another 2.7 percent this past month, and there’s even less activity on the retail side.
ATVs, which have been declining in value over the past several months, have risen slightly by .1 percent. While this is not a very large increase, and represents no change from last month, that is a major deviation from the large drops we have been reporting recently.
Even though they are not broken out individually from the street segment, sport bikes have also seen higher than average upwards changes in price, especially for clean, late-model units.
The larger domestic V-Twins have also seen a bit higher than average price appreciation this month, while the smaller displacement units (think Sportsters) are only up slightly.
