Motor Industry News
MyMotorCycleCheck.com top tips for used buyers July 2014:
BMW HP4, Z1000 SX & Ducati 1000 praised as sales hold up well
MyMotorCycleCheck.com - the UK’s No.1 motorbike and scooter provenance website - has saved many a biker 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: BMW HP4
- Safe bet: Kawasaki Z1000 SX
- Used star: Ducati 1000 Sport Classic
MyMotorCycleCheck.com’s Rob Hobson commented: “For our highly desirable model this month we’ve chosen the BMW HP4, in particular the Carbon. Owners say these tick all the sports bike boxes. If you’re lucky enough to have one, where on earth do you go from here? With so few on the used market, values remain high. Tread carefully though and many will have seen track action. 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 written-off 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 Kawasaki Z1000 SX. This is a superb bike which does everything you ask it to. Kawasaki is having a good run with the latest model so there are plenty of very decent used examples around. As always, do your homework and check before you buy.
“For our ‘used star’ this month we’ve chosen the Ducati 1000 Sport Classic. Whether you’re interested in a 1000 S, 1000 Biposto or GT1000, you’ll probably face competition because, for some strange reason, these bikes weren’t that popular on launch. Not many sold new and owners tend to want to keep hold of them, so any that do hit the used market are very much in demand. When it comes to negotiating, 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: “Despite the World Cup dominating the TV schedules, motorcycle sales held up well. Traditionally, showrooms fall quiet during a major sporting tournament, not that bikers are particularly big fans of the game, just that focus and attention is taken away from purchasing decisions. There’s no respite either as the Tour de France is on now and many bikers are seriously into cycling.
“The new market continues to thrive with around 43,000 units registered up to the end of May, an increase of 12.3% on this time last year. All style sectors are showing positive growth with Naked up 34.4% and Touring up 26.4%. There is, as always, a level of tactical registrations boosting the numbers, but no more than normal.
“The top 10 selling individual new models were split between five 125cc and below machines and five 750cc plus. In the larger capacity, BMW R 1200 GS derivatives still dominate, with Kawasaki’s ZX1000 SX standing out as their sales saviour this year.
“The Motorcycle Industry Association (MCIA) has drawn together a number of positive messages of late which will be presented to the government. One relates to a city centre commuting challenge between a car driver, a motorcyclist, a cyclist and someone using public transport. In each case the motorcycle won.
“Another sets out a Ride To Work scheme similar to the one operated for cyclists. There are also plans to combine lobbying resources between powered and non-powered two-wheel interest groups. Once sworn enemies, both can see sense in working together to pursue common goals.
“There are no major changes to report in the used market at the moment. Most agree that sales levels are good, although no one is going overboard. There is a shortage of popular sports models and it is difficult for any trader to directly target certain bikes because there are so few around. There is also a view that private owners are increasingly turning to eBay rather than the traditional trade.
“We have not made any significant changes to values for this month and we expect demand to slow soon as we head into the second half of the year. Whether the fall in demand will have any real affect upon values will be interesting to see. With such a limited number of clean low mileage used bikes on the market, we don’t foresee too many changes ahead.”
MyMotorCycleCheck.com’s parent company, CDL Vehicle Information Services, performs over a million look-ups a day for companies including AutoExpress, CompareTheMarket, Confused.com, Go-Compare, Moneysupermarket, Swiftcover, Tesco Compare and WhatCar?.
It uses up-to-the-minute data from the Police (NPIA – previously known as the Police National Computer or PNC), the Driver and Vehicle Licensing Agency (DVLA), the Association of British Insurers (ABI) and major finance houses including Lloyds TSB and Santander.
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.
Know what you’re getting onto: MyMotorCycleCheck.com