Motor Industry News
MyMotorCycleCheck.com top tips for used buyers October 2014:
GS, Tiger 800 and B-KING praised + watch for ‘new old model’ bargains
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 R1200 GS Adventure
- Safe bet: Triumph Tiger 800
- Used star: Suzuki GSX1300 BK B-KING
MyMotorCycleCheck.com’s Rob Hobson commented: “For our highly desirable model this month we’ve chosen the BMW R1200 GS Adventure. The big GS is still a top seller in the UK, providing used buyers with plenty of choice. Apart from examples that some might argue have been used as intended – for crossing deserts and covering endless miles – most second-hand ones tend to be in decent shape. 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 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. We can only see demand growing in this sector, so either derivative should hold up in value. 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.
“For our ‘used star’ this month we’ve chosen the Suzuki GSX1300 BK B-KING. These bikes enjoy a loyal following and because not too many sold new their status will only increase. As always, do your homework and check before you buy. Watch for mileage and a full service history.
As to market trends, Hobson commented: “The bike market has continued to perform well over the past few weeks with good steady showroom activity across both new and used bikes. We’ve eased back most values this month to reflect the expected reduced level of buyer demand and more stock becoming available as owners look to sell over the winter period.
“New bike sales to the end of August, immediately prior to the new letter introduction, were running at around 11% up on the previous year, with a total of 70,860 new bikes registered. While it is clear that Naked and Adventure Sport are the strong market sectors now, it should also be noted that all style categories are up on the same time last year.
“We are fast approaching that exciting time of year when new models are launched. Shiny new 2015 bikes will be promoted both in the press and at national and international shows. Late plate used stock will be affected by increased incentives on new machines so there might be a few ‘new old model’ bargains around.”
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