Good News: Pre-Owned Market is Normal
Recent reports on new unit sales have been less than optimistic. The good news is that for pre-owned motorcycles and ATVs, everything is as good as or better than prior years. Average Wholesale Prices (AWP) declined in July from their prior three-month average, and they did so right in-line with what we’d expect this time
NPA Adds Aicardi to Northeast Sales Team
National Powersport Auctions (NPA) has added industry veteran Mike Aicardi to the team as Regional Sales Manager for the Northeast. Most recently the general manager of Wagner Motorsports International in Worcester, Massachusetts, Aicardi is now serving the needs of all New England dealers.
Summer Wholesale Pricing Has Arrived
Summer Slide It’s official – summer wholesale pricing has arrived. Average Wholesale Prices (AWP) declined for most major powersport product categories in June, right in line with typical seasonal behavior. Compared to the prior three months, domestic cruiser AWP declined 7%, metric cruisers declined 12%, sportbikes declined 2% and off-road was roughly flat except for
Passing the Spring Peak
While pre-owned powersports unit sales continue to be a shining star for dealers, the wholesale market has crested its peak. Dealers are still in their selling season and need good inventory from the auction, but they are maintaining their inventory levels rather than building up in anticipation. This is typical for May as the market
Copart Acquires National Powersport Auctions (NPA)
Copart, Inc. (www.copart.com) announced that it has acquired Cycle Express, LLC, which conducts business primarily as National Powersport Auctions (NPA). NPA currently operates facilities in Atlanta, Cincinnati, Dallas, Philadelphia, and San Diego.
Pre-Owned is Heating Up
Average Wholesale Prices (AWP) rose again in April, in many cases outpacing average prices from the same time last year. Dealer appetite for comparable product rose again in April for all categories as consumer demand continues to rise as we near the peak of the selling season. Many dealers report that they can’t get enough
Southwest Superbikes: Wins The Auction Game
When playing Texas Hold ‘Em poker, a player is dealt two “hole” cards face down, then there is a round of betting where you can check, bet or fold. When all the betting has finished, three shared cards are dealt face up in the middle of the table. More betting, bluffing and BS take place
Auction Action: Pre-Owned Heats Up
As Bob Dylan noted, the times they are a changin’ – and if you aren’t tuned into the pre-owned market, you could be left singing the blues! According to the Motorcycle Industry Council (MIC), new unit sales were off -2.7% for motorcycles and -4.7% for ATVs in 2016. As a direct consequence, the pre-owned space
Ducati Announces Charity Auction of Motorcycle Featured in Warner Bros. Action Comedy ‘Chips’
Ducati North America is offering film fans and motorcycle enthusiasts the opportunity to own a piece of the Warner Bros. feature film “CHIPS.” The upcoming eBay For Charity auction of the Hypermotard motorcycle that appears in the film was ridden by Dax Shepard.
NPA Set for Philly’s Grand Opening Auction
Nearly 400 motorcycles are staged and ready for National Powersport Auctions (NPA) Grand Opening event set for Wednesday, March 8th in its newest location in Philadelphia. The 35,000 sq./ft. operation is key to creating coast-to-coast convenience for the nation’s powersports retailers.
#001 Limited Edition Jack Daniel’s Indian Chief Auctioned for $150K
Indian Motorcycle has announce that the #001 2016 Limited Edition Jack Daniel’s Indian Chief Vintage motorcycle auctioned at Barrett-Jackson Las Vegas on Saturday October 15 raised $150,000 for the benefit of Operation Ride Home, a program that assists active duty U.S. military personnel in traveling home to visit their families.
BRP Created a Custom Military Themed Can-Am Spyder for the Road Warrior Foundation
At the 76th Annual Sturgis Rally, BRP presented a custom, military-themed Can-Am Spyder to the Road Warrior Foundation. The 2016 Can-Am Spyder F3-T, which is wrapped in matte green, will be used as a fundraiser for the Foundation to support its mission of providing adventures to improve the lives of veterans.
