Black Book: Powersports values remain relatively stagnant
Black Book powersports values for January were nearly the same as the previous month, with no segment moving by even a full percentage point.
Snowmobile was the only segment that was up, with an increase of 0.7 percent. However, Black Book Managing Editor Ricky Beggs reported that snowmobile values are usually up 3-5 percent at this time of year.
Cruiser motorcycles saw no percentage change, but an average value decrease of $4 per unit.
“Though it is not reflected in the overall averages for the segment, there are two distinct trends among the cruisers. First, the metric units are all down by around half a percent just like the rest of the street bikes, but the domestic V-twins are up by about half a percent,” Beggs said. “This is the second month in a row that we have seen a little bit of relative pricing strength for these domestic V-twin units. Normally, the small amount of the change would not be noteworthy, but with the rest of the market stagnating, the domestic V-twins are definitely some of the strongest performers right now.”
All other segments were down for the month. Utility vehicles dropped 0.3 percent, while ATVs, PWC and jet boats were each down 0.5 percent. Street bikes and scooters dropped 0.6 percent; dual sport bikes decreased 0.7 percent, and off-road bikes dipped 0.8 percent.