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NPA: Pre-Owned Market Insights Video, May 4-9

NPA released their used market insights video for the week of May 4-9.

NPA: Pre-Owned Market Insights Video, April 27 to May 1

NPA released their used market insights video for the week of April 27 to May 1.

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

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

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

December AWP Remains In Sync With Prior Year Norms

[dropcap]A[/dropcap]s 2016 crosses the finish line, Average Wholesale Pricing (AWP) remains in sync with prior years’ norms. Slight upticks occurred in Domestic Cruisers and Side-by-Sides, and slight declines occurred in Metric and Off-Road products. Dealers’ wholesale appetite for product varied across the U.S. in December, but overall these trends are typical for the end of

June Wholesale Pricing Highlights

June experienced the natural decline in wholesale pricing we see each year as the market enters summer.

May Wholesale Pricing In Review

Average Wholesale Pricing in May began to slide from the prior spring months, with all major categories declining three percentage points from the prior three-month average.