Similar to the situation within the new motorcycle market, used sales and demand were generally quieter for many dealers during December, but enquiries have since picked up. Dealers are generally positive for 2023, with the increasing prices of new machines and the public’s reduced spending confidence potentially steering consumers towards the used market.
Dealers continue to be proactive in sourcing stock, with supply improving and offers from the public increasing as owners re-evaluate their finances for 2023. Although most dealers are generally satisfied with their stock levels, there remains a shortage of 125cc machines, a result of strong demand and rapid turnover.
Outlook
Although January started on a very mild note with an absence of ice and snow, it has been rather wet, and adverse weather conditions remain a threat. However, prices remain strong for the time of year, and with many now looking ahead to the new season, Glass’s expects values to hold in the coming weeks across the majority of segments.