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Motorcycle Leasing Group to Deliver Simpler Sales

Fuel Capital’s strategy is a proprietary technology platform that provides dealers with near immediate approvals, 100 percent paperless DocuSign contracting and 48 hour funding commitment.

Autotrader and Motorcycles: History Reports with Cyclechex

Autotrader recently partnered with Cyclechex’s Motorcycle History Reports to facilitate finding reports on previously owned vehicles on the majority of its dealer and private seller listings.

RumbleOn Secures $25 Million Line of Credit from Ally Bank  

The company will utilize the credit line to purchase pre-owned motorcycles for resale to consumers and dealers as it works to scale and strengthen its direct from consumer acquisition strategy.

NPA Expands Southwest Operation with Industry Veteran Nick Kister

Formerly the retail sales manager for Motorwheels and the GM for Corse Dynamics, Nick is adept at finding new markets, creating products and product demand, and implementing the means to bring products to market.

Average Wholesale Pricing Relatively Stable

Average Wholesale Pricing (AWP) in September stabilized from the lows seen in August. Compared to the last three month average, AWP for Metric Cruisers and ATVs were up 3-6%, while Domestic Cruisers, Sport bikes, MX and Side-by-Sides slid 5-8%. On a year over year basis, Domestic Cruiser AWP actually rose while other categories were down

What is the #1 Selling Brand in Powersports? Discover What NPA Has In Store For Columbus

The powersports industry has not rebounded to 2006-2007 sales volumes, but there are segments and brands that have bounced back. National Powersport Auctions (NPA), the industry leader for powersport auctions and remarketing services, will be exploring the new world of opportunities at the 5th Annual American International Motorcycle Expo(AIME) presented by Nationwide (AIMExpo). Set for

Flying Tiger Motorcycles, St. Louis

Planning is Overrated Some businesses follow a well-defined, meticulously detailed plan, taking measured steps that lead to expected goals. Flying Tiger Motorcycles in the St. Louis suburb of Maplewood, isn’t one of them. But success has followed anyway and that’s impressive for an independent motorcycle shop born on a whim in 2010 and sustained on

Copart & NPA Join Forces

Big News, Small Headlines On June 12, 2017, the business newswires ran a small snippet on some company called “Copart” acquiring another outfit known as Cycle Express LLC. Mergers and accusations happen every day and most of the financial folks glossed over this. However, hidden behind the innocuous headline was the fact that the world’s

NYT Report: Young Buyers Turning to Used Bikes, Delaying Harley Recovery

The New York Times reported that Harley is likely to see a prolonged recovery due to the fact that younger buyers (i.e., millennials) are snapping up lower priced used bikes and metric models as opposed to purchasing a new Harley. 

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.

ChopperExchange Releases 2017 V-twin Industry Pricing Report

The report shows a softening in demand within the American V-twin market within the past year. Asking prices have fallen by 1.5% and 1.2% for used and new bikes, respectively.