Black Book motorcycle wholesale values decline in June
Wholesale valuations for motorcycles and PWC dipped slightly in June, Black Book managing editor Ricky Beggs reports.
“Supplies are still somewhat limited within the motorcycle and powersports and the recreational vehicle segments — mostly due to low amounts of repossessions in the auction lanes — the interest is much better than during and immediately following the low point of the recession,” Beggs said.
Following traditional trends, motorcycle and powersports values have peaked for the year, a point that normally happens around July 4. According to the report, domestic V-twins bucked the negative movement, gaining approximately 1 percent in value. Sport bikes also increased very slightly, as the overall street bike segment decreased by 0.6 percent.
Off-road bikes have declined in value by 1.1 percent, with scooters down 1.8 percent and dual sport bikes down half a percent.
Switching to the water, PWC and jet boats saw nearly negligible declines of 0.3 percent.
As the height of summer is upon North America, snowmobiles have continued struggling in value, with a price drop of 2.2 percent.
“Overall it has been a year of weak price appreciation,” Beggs said. “It will be interesting to see if the fall price drops are as moderate as the increases have been, or if the soft market will see larger declines than normal in the coming months.”
More information is available at www.blackbookusa.com.