NPA and Harley-Davidson Financial Services to Have Live Auction at AIMExpo
National Powersport Auctions has announced Harley-Davidson Financial Services has agreed to participate in the V-Twin Motorcycle Auction at the American International Motorcycle Expo. This dealer-only auction will be conducted live on the tradeshow floor in Orlando, on Thursday, October 13th at 3:30 pm EST.
‘Dog Days’ of August Brings Modest AWP Dip
Temperatures during the “Dog Days of Summer” tend to be the hottest in August, and the opposite can be said for the “Dog Days of Powersports” when it comes to wholesale pricing. As 2016 continued its normal march, Average Wholesale Prices (AWP) declined further in August compared to the prior three months as the wholesale
Wells Fargo Commercial Distribution Finance Launches Financing Program with NPA
Wells Fargo Commercial Distribution Finance (CDF) is launching a new financing program with National Powersports Auctions (NPA). The program will give independent powersports dealers a breadth of inventory financing options to help minimize their capital outlays for pre-owned inventory purchases and maintain ideal inventory levels throughout the entire sale cycle.
NPA Excited To ‘Do Business’ At AIMExpo
NPA Taking Care of Business at AIMExpo The American International Motorcycle Expo (AIMExpo), modeled after the world’s leading trade shows including Italy’s long running EICMA show, is set to attract nearly 20,000 domestic and international dealers, industry personnel and enthusiasts to the annual event in October. With this year’s focus on strengthening dealer attendance and
July Average Wholesale Pricing in Review
Although pricing felt stable from June to July, Average Wholesale Price (AWP) fell in July across the board in powersports. Domestic Cruisers and Sport bikes experienced the largest decline, while other street and off-road categories were more modest. Compared to the prior three months, Sport bikes and Domestic Cruisers declined 11% and 14% respectively, Metric
March Wholesale Pricing In Review
If the spring season so far is any indication, then 2016 is going to be a good year for powersports. The wholesale market in March was dominated by two clear trends: 1. Stronger wholesale pricing over the prior three months, and 2. Softer wholesale pricing compared to March the prior year, which is due to
NPA, EFG Talk About Dealer Benefits of New CPO Program
EFG Companies and National Powersport Auctions (NPA) recently announced they have teamed up to launch a new Certified Pre-Owned Program designed specifically to grow powersports dealer business and drive loyalty through NPA auctions.
February AWP Shifts Up from January
February Average Wholesale Pricing (AWP) trended up nicely from January for all major product categories, which is typical spring season behavior. Interestingly, average prices were also below last February’s levels for most categories, which seems contradictory but in reality is not.
National Powersport Auctions Revamps its Website
National Powersport Auctions (NPA) has revamped its website (www.npauctions.com) to better meet the needs of dealers. The new site features easier navigation across multiple devices, additional functionality and helpful educational content.
January 2016 Average Wholesale Pricing in Review
The outlook for 2016 looks steady [dropcap]J[/dropcap]anuary’s Average Wholesale Pricing (AWP) mirrored December’s performance. Compared to the prior 3-month average, prices were flat for all street categories except for metric cruisers, which declined due to product mix. Off-road categories were down slightly from the prior 3-month average and were roughly even with last year. Compared
December Wholesale Pricing in Review
Average Wholesale Pricing (AWP) improved overall in December. Prices rose for all street categories other than sport bikes over the prior 3-month average.
Eric Anderson, Kris Odwarka and Jim Woodruff Elected to 2016/2017 MIC Board of Directors
Eric Anderson, Kris Odwarka and Jim Woodruff have been elected by the members of the Motorcycle Industry Council to serve on the 2016/2017 MIC Board of Directors. Paul Vitrano has been selected by Polaris Industries Inc. to be their representative on the MIC Board of Directors. This will be VROOM Network Founder & President Eric
