End of Summer Adjustments
Year over year Average Wholesale Pricing (AWP) for July 2014 vs. 2013 continued to see softer prices for all on-highway categories, with cruisers down around two percent. The decline in sport bikes was the largest at eight percent and appears to be due to more inventory available this year vs. last, as well as the
August Black Book Market Watch
Prices continued to fall throughout the month of August across most of the segments we cover in the motorcycle and powersports market. The amounts are not quite as large as last month though, due to the unusually steep declines in value we reported in July.
Reflecting On Spring As We Shift To Summer
Spring is officially over for the wholesale powersports market. After last year’s lackluster spring and sprinkle of summer demand, spring 2014 reflected fresh optimism and better inventory management by powersports dealers. June’s results illustrate the start of the natural decline that is felt each summer as consumer behavior shifts from buying in the spring to
Holding the Line: The Month of May Showed Strong Demand
The powersports market has held strong this year as spring comes to a close. This time last year we saw the seasonal decline in Average Wholesale Price (AWP) begin in May across the majority of product categories, with an abrupt drop in all categories last June.
May Sales Department Performance
This article contains actual dealer data obtained from GSA’s 20-group reporting system. 20-groups consist of dealers from non-competing markets who meet 3 times a year to share financial and best practice information. Their goal is to grow and improve their businesses profitably. In Chart 1, total store gross margins are still light for this group
Kurt Caselli Foundation Fundraiser
How better to honor the life of a desert racing champion than to go on a ride? The destination of Doffo Vineyards in Temecula’s wine country is a stone’s throw away from KTM and Husqvarna’s North American headquarters, just down the road from the Metal Mulisha compound and Glen Helen Raceway – in short, the
NPA Returns to AIMExpo
National Powersport Auctions (NPA), a leader for powersport auctions and re-marketing services, is actively preparing for the Second Annual American International Motorcycle Expo (AIMExpo), set for October 16-19, 2014 at the Orange County Convention Center in Orlando, Florida.
NPA Pre-Owned Monthly Recap: Spring In Full Swing
With all but one powersports vehicle category on the rise in March it’s clear that spring is here, buyer confidence is up and retail customers are gearing up for the riding season. On-highway categories saw a small but noticeable increase in Average Wholesale Pricing (AWP) in March as compared to the prior three months –
Dominion and NPA Team Up to Boost Dealer Pre-Owned Profitability
Dominion Powersports Solutions and National Powersport Auctions are teaming up to provide unprecedented access to powersports market information that will boost dealer profitability on pre-owned units. The enhanced access to market data gives dealers using Dominion Powersports’ Traffic Log Pro lead manager/CRM system real-time access to NPA’s Value Guide.
Some Non-Traditional Seasonal Movements
Some of the movements within the motorcycle and powersports market during May have varied from the more traditional seasonal changes. The powersports market heading into June is showing mixed levels of change. Six of the 10 segment categories we break the market into showed increases during the month of May.
NPA Pre-Owned Monthly Recap: Spring In Full Swing
With all but one powersports vehicle category on the rise in March it’s clear that spring is here, buyer confidence is up and retail customers are gearing up for the riding season. On-highway categories saw a small but noticeable increase in Average Wholesale Pricing (AWP) in March as compared to the prior three months –
Economy and Seasonality Play a Role
May finds activity in the Powersports market revving up this month. Prices are up across the board, and for the first time this year, by fairly large amounts for most of the segments we cover.
NPA Pre-Owned Monthly Recap: February Confidence
Riding Season Is Here! February’s pre-owned wholesale performance continues to affirm dealers confidence in the 2014 riding season as they stock up for spring. February brought sizable increases in the Average Wholesale Pricing (AWP) over prior months across the majority of popular powersport categories. Off-road pricing has grown the most, with the ATV category up
NPA Pre-Owned Monthly Recap: Jan. ’14 vs. Jan. ’13
First Impressions 2014 is here, and January has made a strong first impression! From San Diego to Atlanta, the wholesale pre-owned market has exceeded early year expectations. Will this trend continue or will Spring 2014 parallel 2013? The early months of 2013 were stronger than the years prior and the powersports industry seemed to be
On the Auction Block
Powersport auctions are catering to dealers’ every need
Mecum MidAmerica to Auction Vintage Bikes at Houston’s Reliant Center
Mecum Auctions will present the next MidAmerica Vintage and Antique Motorcycle Auction Sunday, April 13 at the Reliant Center in Houston. The offering of more than 200 vintage and collector bikes will immediately follow the auction house’s third-annual Houston classic and collector car auction April 10-12.