Motor Industry News
My Motorcycle Check top tips for UK used motorbike buyers in August and September 2015, including bike of the month: KTM 990 Superduke
- 60,965 new machines registered in first six months of 2015, up 12.9%
- Used values dipping as peak buying season passes
- Never pay cash, trust your gut feeling and check before you buy
“The KTM 990 Superduke is a great all round bike” - Rob Hobson
My Motorcycle Check – 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 experts reveal significant trends in the UK market and choose a ‘bike of the month’.
My Motorcycle Check’s Rob Hobson said: “The KTM 990 Superduke is a great all round bike with loads of grunt and a decent reputation for reliability. They tend to suffer steep initial depreciation from new so used examples can represent excellent value. As always, check to make sure the one you’re looking at is what it claims to be, especially when buying privately.”
As to market trends, Hobson said: “So the weather deteriorated just as the school holidays started – far from an ideal scenario for the UK bike market.
“At least there’s some good news in the latest sales figures, which show that 60,965 new machines were registered in the first six months of the year, an increase of 12.9% on the same period last year. The most eye-catching figure is the 31.5% growth in the naked style sector, which equates to around 4,000 more bikes. Another standout stat is the worrying decline in the moped sector, with sales to the end of June down by 10%.
“The used market seems to have stagnated a little of late with a noticeable reduction in the number of bikes being offered for sale. We can expect this lull to pass as people look to cash in their bikes towards the end of the year. However, we’ve heard from several sources that people are hanging on to their bikes a little longer and certainly not letting them go cheap.
“Generally, used demand is apparently pretty good. As usual, the cream of the crop with full service history (FSH) and below average mileage will move quickly through the trade.
“This month, we have eased used values pretty much across the board, reflecting the fact that the peak buying season is already behind us. Looking ahead, we expect a greater margin between top end used stock and less perfect examples. Private sellers would be well advised to take advantage of quieter workshops and maximise the value of their bike prior to sale.”