Powersports Pricing Rapidly Changing
Powersports prices began increasing in the second quarter of 2020 as the pandemic shifted consumer focus to more outdoor recreational activities.
Powersports Sales Up 18.4%
New-model powersports sales increased 18.4% in 2020, with motorcycle and scooter sales rising 11.4%, according to the Motorcycle Industry Council Retail Sales Report.
People Rushing to Two-Wheelers for Mobility: Innovation Will Protect Them
People have been seeking alternative modes of transportation that don’t conflict with their fears about the coronavirus and bear a lighter price tag.
NPA: October 2020 AWP in Review
October was the first month since spring where we have seen a majority of the powersport categories Average Wholesale Price drop below the prior three-month average.
Black Book: COVID-19 Powersports Market Update
This latest update on how the COVID-19 pandemic has affected the powersports market continues to tell the same story we have been covering for the past several months, namely that prices are up across the board once again.
MIC: Off-Highway, Dual-Purpose Motorcycle Sales Soar
Off-highway motorcycle sales rocketed 50.3% in the first half of the year compared with the same period last year, while dual-purpose motorcycle sales jumped 20.9% in the same time frame.
Powersports Values Ease Into Normal Seasonal Patterns
The past several months have been a roller coaster ride of severe drops in value followed by a historic increase in pricing for June. After all that, this month actually looks sort of normal…believe it or not.
Following the Trail of the 2020 Off-Road Market
As the saying goes: hindsight is 20/20, but nothing we have experienced in 2020 so far has given us a clue as to what would happen next. It has been one of the most unpredictable and tumultuous six months that we can remember. However, the powersports industry has adapted and thrived in many cases as we move into a new normal.
NPA Pre-Owned Market Insights Video, June 14-20
NPA released their used market insights video for the week of June 14-20.
Powersports Values See Dramatic Increases
ATVs, motorcycles and watercraft appeal to people wanting to have some fun, but in a safe way. This increased demand for powersports is helping values bounce back from historic lows.
NPA Pre-Owned Market Insights Video, June 1-6
NPA released their used market insights video for the week of June 1-6.
NPA: Pre-Owned Market Insights Video, 60-Day Recap
NPA released their latest 60-day recap and 60-day outlook video, discussing the impact of COVID-19 on the market.