Motor Industry News
MyMotorCycleCheck.com top tips for used buyers: Three wise buys of 2014… BMW HP4, Tiger 800 and GSX1300 B-King
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 our Valuation Team’s expert reveals significant trends in the UK market and suggests three wise buys — this month, the best of 2014.
- Highly desirable: BMW HP4
- Safe bet: Triumph Tiger 800
- Used star: Suzuki GSX1300 B-King
MyMotorCycleCheck.com’s Rob Hobson commented: “For our highly desirable model of 2014 we’ve chosen the BMW HP4. This great bike was often bought new with the racetrack in mind, but used examples are still pretty rare. They therefore make extremely strong money when they do appear. 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. This bike fits the bill for every kind of road riding and a well looked after secondhand example will hold its money far better than most. As always, do your homework and check before you buy.
“For our ‘used star’ of the year we’ve chosen the Suzuki GSX1300 B-King. Buy a standard clean example now, give it a bit of time and there’s a good chance you’ll have a highly desirable classic on your hands. 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: “This time last year we were reflecting on the returning feel good factor at Motorcycle Live 2013. Fast forward 12 months and it is clear that this cautious optimism was fully justified. The motorcycle market has enjoyed an extended period of relative stability, with new sales growing by around 10% following a prolonged period of decline.
“To suggest that all is well would be seriously overstating the improvement, but there is definitely a much more upbeat feel about the trade as a whole. There are also some pretty exciting new bikes coming onto the market.
“Interestingly, three of the most impressive new models are high performance Sports bikes, in a market which seems to be increasingly moving away from this sector. Kawasaki has rewritten the performance figures with the stunning H2R and H2 road version, and Yamaha has launched an all-new R1. Meanwhile, Honda showcased the RCV213V, which is about as close as you can get to a current Moto GP bike for the road — it might carry a six-figure price tag if brought to market.
“Top end bikes, such as these are important to keep aspirational desire awake in the market. Actual retail numbers are likely to be small in this country, but it is good for the health of the industry that manufacturers are developing these awesome machines.
“The retro and nostalgic theme continues to grow and this was evident again across all corners of the brilliant Motorcycle Live show. In particular, the Yamaha ‘yard built’ bikes show how the Japanese manufacturers have changed their tendency to always ‘look ahead’ by building bikes which mirror their past. They have carved an impressive niche with the MT range and the addition of the Tracer will further boost this sector.
“In the used motorcycle market, showrooms have gone a little quiet of late, which is only to be expected at this time of year. Generally speaking though, traders are still willing to pay strong money for above average condition bikes, almost whatever the model.
“We wish everyone an enjoyable time over the festive period and look forward to an exciting New Year 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