Several segments that normally decline this time of year are actually up!
“Overall pricing in the Powersports market is mostly steady this month, with several segments that normally decline this time of year actually being up a little bit. Cruisers are the only on-road segment to see a significant decrease in values.”
Scott Yarbrough, Motorcycle & Powersports Editor
Notable Insights:
- Unusual for October, the Scooters, Dual Sports, and Street Bikes are up. The amounts are very small, but any increase in the road-going segments this time of year is noteworthy.
- More normal for the season, the off-road segments are up slightly this month, with the Off-Road bikes having the largest increase at 0.5%.
- The Cruiser segment is the only one of the on-road bike classes to see a “normal” drop this month, down by roughly 2%. Within the segment, the domestic models are down a touch less than the metrics.
- Snowmobiles have finally started to appreciate, as we are seeing auction volumes start to slowly increase from their minimal summer levels, raising average prices by 0.6%.
- See report here
Digital PowerSports connects customers with dealers via our website trade appraisal tool built exclusively for Powersports, RV and Marine dealers. We increase website lead conversions with TRADE CYCLE® and TRADE CYCLE® In Motion, the industry’s first website trade appraisal, lead conversion technology.