EurotaxGlass the leading supplier of automotive intelligence, reports the volume of new sales, and the attendant clearance prices, have had a significant negative impact on the used motorcycle market.
"By the time the clocks go back at the end of October many riders
will have hung up their leathers for this year," explains Randal
Thomas, Motorcycle Editor at EurotaxGlass's. "With demand falling,
any motorcyclist still interested in acquiring a machine knows that it
is increasingly a buyers' market."
In response, 'sales' signs are appearing in showroom windows across
the UK. Despite the mood of greater caution, the more forward-looking
retailers are not afraid to maintain or even increase their stock
levels, provided they have the necessary funds, in order to avoid the
shortage of stock that always catches out the market at the start of the
next sales year.
Some sections of the market have performed better than others.
"September brought the traditional reports of sixteen and seventeen
year-olds seeking mopeds, scooters and 125cc learner machines as
transport to school, Further Education College or their first job,"
says Thomas. "Despite this increased demand, there are signs that
transaction prices for used machines are being depressed by competition
from the significant numbers of low cost brand-new machines arriving
from Asia."
