The motorcycle and powersports market is showing substantial positive gains in value for nearly all segments this month as the spring selling season gets under way. In much the same way as the unusually mild winter decimated snowmobile sales in most areas of the country, the early arrival of spring in many areas has led
After last month’s big changes in pricing in the powersports market, values continue to go up again this month.
We have seen some very positive developments in this market during the past month.
After the last several months of negative news for most of the segments we cover in the Motorcycle and Powersports guide, things are finally taking a positive turn.
Last month we mentioned the impact of the negative economic news on the powersports market. This month brings more of the same.
. The wholesale prices of motorcycles and scooters typically soften up a little in late summer as more and more customers have already completed their purchases for these often seasonal-use bikes, but it might be happening a few weeks earlier this year.
Powersports products have benefited from the climb of fuel prices in the past when gas topped $4 per gallon, and we see that happening again within the powersports market and have made the necessary value adjustments to reflect that this month.