Motor Industry News
Pull the shutters down and wait until next year? Not any more!
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“93,725 new units were sold to the end of September, an increase of 12.3%” - Rob Hobson
My Car Check Trade is the trade valuations arm of CDL Vehicle Information Services. Based on cutting-edge industry data and feedback from independent and franchised dealers, these monthly bulletins highlight the most significant trends in the UK motorbike, moped and scooter markets.
My Car Check Trade’s motorcycle expert, Rob Hobson, commented: “It’s that time of year again. The clocks have gone back, dark nights are closing in and the weather is worsening. Only the hardiest of bikers are still out on the roads. For the trade, it is all too easy to metaphorically pull the shutters down and wait until next year. In previous decades, that wasn’t far from the truth, but not any more. While showroom footfall is down, dealers use the time wisely, scouring the private market for end of season bargains and using their customer database to secure sales and repair work. The days of the two wheel market grinding to a halt in winter are long gone.
“Of course, it will be show time at the end of this month, with the NEC hosting Motorcycle Live from 28 November until 6 December. The timing of the show has long been questioned but, with the trade increasingly less seasonal, most now agree it is actually a decent time to unveil new models. Buyers are planning for next year and a major part of this is deciding whether to upgrade or enhance their current bike. One of the new offerings might just tempt them to splash out.
“The latest 2015 new bike sales figures show that 93,725 units were sold to the end of September, an increase of 12.3% on the same time last year. The drop in sport tour and tour sales has much to do with the increase in naked and adventure sport sales - a change in definition, rather than a decline in use. Of the top ten vehicles sold, six are 125cc, with only two of these being scooters. The other four machines are Yamaha MT derivatives and BMW GS options.
“In the used market, it is a mixed story. Some dealers are comfortable with their overall stock levels, while others are actively seeking stock but finding it increasingly difficult to buy. The bikes for sale are often not the best retail stock or have higher than average use, as has been the case for some time. Values are based on model demand, condition and service history. Prices have to be flexible for anything not ticking these boxes.”
My Car Check Trade provides buyers and sellers with all the vehicle price data they need: ready to retail, trade, average, retail and Cat D. As a free bonus, it also provides the annual road tax cost and key DVLA information, including the make, model, colour, engine size, body style, fuel type and date of registration.
Simply enter a car, van or motorcycle registration and the vehicle’s mileage to get an accurate valuation and additional information in an instant. Once signed up you can check as many vehicles as you like at no extra cost.