The powersports industry is red-hot. Customers want to get out on the roads and trails as weather warms up and discretionary income stays positive. Shortages of just about every product industry-wide are pushing values for used motorcycles and side-bysides to historically high levels. In the motorcycle segment, the most recent 10 model years of cruiser values are averaging 10.9% higher than Q1 2020. Sportbikes are running 12.4% ahead.
Side-by-sides are performing even better, with utility models bringing 24.5% more money year-overyear, and sport models running 16.1% higher.
Recent employment and consumer spending data has been encouraging, and forecasts point to continued strong conditions for at least another few months. Meanwhile, parts shortages and production issues will remain a factor. It’s a seller’s market for any dealer lucky enough to have inventory.
|15,000 - 30,000|
|9,000 - 14,999|
|4,000 - 9,000|
|2,500 - 3,999|
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