February 7, 2011-Sport bike prices at auction rise 13 percent
February 8, 2011
Filed under Features
Industry data providers are showing two trends in the sport bike preowned market.
First off, the elevated wholesale prices that started appearing earlier this fall continued into January.
Secondly, Honda and Yamaha bikes are holding their value noticeably better than other sport bike market brands.
Those findings come from data provided to Powersports Business by National Powersport Auctions and Kelley Blue Book.
Average selling prices of sport bikes at auction were right around $4,250 in January, according to the National Powersport Auctions data. That is about 13 percent higher than a year ago. Similar price differences were seen September-December.
The National Powersport Auctions data comes from actual auction sale transactions. The condition rating of a vehicle is not taken into account as the survey assumes condition mix is constant over the time of the survey.
According to the Kelley Blue Book survey, sport bike values over the past 12 months have depreciated by an average of 3.4 percent. That is slightly less than cruisers and touring bikes.
Selected key brands, shown in the accompanying graphic, have depreciated slightly more than the total segment, at an average of 3.5 percent.
The sport bike value chart is compiled by Kelley Blue Book. The Kelley Blue Book Motorcycle analysts evaluate thousands of transaction records to provide the current market data. For this comparison, Kelley Blue Book utilized its recent value guides.
For more information on the used sport bike values, contact Kelley Blue Book’s Forrest Sherman at firstname.lastname@example.org. Kelley Blue Book also will be attending Dealer Expo, booth No. 5135.
For more information on the average selling prices, contact National Powersport Auctions’ Becky Sabala at 858/413-1108. National Powersport Auctions also can be contacted at Dealer Expo at booth No. 4831 or in the auction location space, at No. 3379. PSB