Motor Industry News
MyMotorCycleCheck.com top tips for used buyers January 2014:
Diavel, Tiger 800 & Tuono APRC praised as European brands dominate
MyMotorCycleCheck.com - the UK’s No.1 motorbike and scooter provenance website - has saved thousands of bikers from making an expensive two-wheeled mistake. In these monthly bulletins its Valuation Team’s expert reveals significant trends in the UK market and suggests three wise buys:
- Highly desirable: Ducati Diavel
- Safe bet: Triumph Tiger 800 XC
- Used star: Aprilia Tuono V4 APRC
MyMotorCycleCheck.com’s Rob Hobson commented: “The Ducati Diavel is a surprisingly good and exciting road bike. For some reason it seems to be slightly underrated among consumers, but there are many in the trade who put it up there with the best. This model is not about in big numbers in the used market and, if you can find one, it’s worth paying a bit extra for a really good spec one. So long as you carry out a history check to ensure the one you’re looking at is what it claims to be – for instance, that it hasn’t been clocked and isn’t still on finance – then this is certainly a bike worth paying a premium for.
“In terms of bikes that hold their value, safe bets don’t come much safer than the Triumph Tiger 800 XC. With the huge focus on the ‘Adventure’ style of bikes, the 800 from Triumph makes real sense as a go-anywhere model which is a bit more realistic in terms of size than others in the sector. Any clean, low mileage example, which has had its initial depreciation, is likely to be a decent investment. It’s always worth checking to make sure it hasn’t been stolen or written-off though, particularly when buying privately.
“For our ‘used star’ this month I’ve chosen the Aprilia Tuono V4 APRC. This bike received many great reviews on launch but has not sold in the numbers it deserves. Buy a used example of the APRC version and enjoy the sublime Aprilia V4 engine at a price which makes a lot of sense. When it comes to negotiating on price, remember, as well as revealing a bike’s history, MyMotorCycleCheck.com also provides valuations – a great tool for haggling with dealers or private sellers.”
As to market trends, Hobson commented: “Severe weather conditions stifled the motorcycle market during the first quarter of last year and it has to be hoped, despite reports to the contrary, that we get a reasonable start to 2014. There is definitely an air of confidence and cautious optimism around the motorbike trade, although we are some way off feeling like the good times are here again.
“The new bike market rallied through the final part of last year, albeit fuelled by a significant amount of dealer pre-registration. It will probably finish pretty much in line with last year in terms of overall numbers once the final figures are published. There are also some positive initiatives which should gather momentum and help to promote two-wheel use. There is real growth ahead for Ride to Work schemes and, while this is hard to justify in terms of profit opportunities for the trade, getting more people riding bikes has to be a good thing long-term.
“The shift in power towards the European brands, along with Adventure/Tour derivatives, has increased. This trend is likely to be ongoing but there is a concern that, with an ageing customer base, large capacity Adventure bikes, which dominate the sales charts at the moment, could become too much for their owners. This could see them downgrade to the mid-weight market, possibly creating a glut of one-make used examples in the market. In a relatively small marketplace, any dominant model has to be watched carefully.
“It is clear that manufacturers are looking to the mid-weight sector, with a number of new introductions: KTM 390 Duke being one bike of note which might capture buyer’s imaginations. Even Harley Davidson is looking to get in on the act with the launch of smaller engine 500cc and 750cc Sportster variants. Yamaha is making a lot of its fight back with the MT-09 and MT-07, due early this year. The MT-09 has had good early reviews and it has to be hoped they can supply the early demand.
“In terms of the used market, there is demand pretty much across the spectrum for clean used stock, in particular for models in standard condition with below to average mileage. Both demand and values weaken sharply for bikes with high mileage and aftermarket parts catalogue bits fitted.
“Dealers mention how often they are asked to appraise used bikes which the owners promise are ‘mint’, only to find them with bald tyres, rusty chain and generally unloved. You can usually spot a bike which just needs a bit of TLC, but certain things should set the alarm bells ringing for any potential buyer. It is always a surprise that owners don’t present their bikes in their best light when looking to sell.
“It has to be a concern that the 50cc market is in such sharp decline and we may have to accept that a generation of kids has been missed. Cost of ownership is a factor behind their demise and perhaps the wave of sub-standard Chinese product, which hit the market a few years ago, had a negative effect.
“One thing about the motorbike industry is there is usually something significant and unforeseen just around the corner. That is part of what makes this the best industry in the world to work in!”
Over the last couple of years, MyMotorCycleCheck.com, MyCarCheck.com and MyTextCheck delivered around delivered around 4.5m consumer checks including those via AutoExpress and WhatCar?
We use up-to-the-minute data from the Police National Computer (PNC), the Driver and Vehicle Licensing Agency (DVLA), the Association of British Insurers (ABI) and major finance houses, including Lloyds TSB and Santander.
Our information is trusted by the UK's leading brands. MyMotorCycleCheck.com’s parent company, CDL Vehicle Information Services, performs around two million look-ups a week for companies including CompareTheMarket, Confused.com, Go-Compare, Moneysupermarket, Swiftcover and Tesco Compare.
To help UK consumers make the right choice, MyMotorCycleCheck.com provides an instant snapshot of all the key vehicle information. For only £4.95 you can confirm whether your potential pride and joy has ever been scrapped, stolen or written-off, has any money owing on it, has had a plate or colour change and much more.
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