Black Book reports that wholesale prices of powersports products have returned to normal fall market trends.
Black Book says that most motorcycles, including the scooter, cruiser, street bike and on/off-road segments, are down between 3.0 and 3.4 percent this month. Off-road bikes are down a more sizeable 4.9 percent. ATVs wholesale prices are up 0.8 percent, and side-by-sides are up 0.6 percent this month.
“Not only are prices moving in the directions you would expect for each segment type, but they are moving in mostly ‘normal’ amounts, not the outsized decreases in value we have seen over the past two months,” Black Book editor Ricky Beggs said.
The monthly update provided to Powersports Business shows snowmobile wholesale prices up 1.7 percent compared to last month. PWC wholesale prices are down 3.6 percent.
“At the auctions we have seen international buyers continue to purchase significant numbers of units,” Beggs said. “This has led many dealers to place excess inventory up for sale on consignment. This exportation is probably softening the seasonal decline of some units. You must also know your local market so as not to let this export value give you a false leading regarding your local market. The more in-demand units continue to be the smaller displacement (and therefore less expensive) cruisers, ATVs and utility vehicles.”
- For more of the latest news, click here.