August 2024 Used Stats

Glass’s used market overview

The used market in June also had challenges in terms of sales and demand. Strong incentives on new machines were likely to have further hindered the slowdown, with some dealers reporting their new sales being more buoyant than used. As with new bikes, the looming general election also likely contributed to the slowdown in interest.

Harley-Davidson Sportsters are proving popular, the Yamaha MT and Tracer ranges are consistently in solid demand, and the Kawasaki Versys 650 is also doing well. However, some dealers are struggling to identify a pattern of what is selling well due to overall suppressed demand and little consistency.

Outlook

Following the warm but wet spring, June was a dry month, finally providing some consistent fine riding conditions.

July has started cool and is a little unsettled, but riding conditions have been acceptable. At the time of writing, the general election result is in, so we are hopeful that consumer spending confidence will tentatively improve. However, with the holiday season rapidly approaching, when the market typically experiences a slowdown, and combined with strong deals offered on new motorcycles, Glass’s expects residual values to ease during the coming weeks across most segments.

Paul McDonald
Leisure vehicles editor

Honda’s popularity takes a beating

We’re not quite sure what happened to ‘British summertime’, but allegedly, it’s August, so we should all be out there enjoying our bikes. Never mind that I got soaked the last time I rode mine…

The MCN website is sizzling, with the latest news and bike reviews and, in July, our data showed two stand-out facts in the bike reviews section: first, Honda was rapidly dropping in popularity, with sessions to the firm’s bike reviews falling from 25% overall a few months ago to just 17% now. They’re still the most popular, though, followed by Yamaha with a 12% of the share of traffic.

The other surprise is that sports bikes, currently the third most popular bike type, are about to overtake adventure bikes for second position – a trend kick-started by the reinvention of the middleweight sports bike, with four of the five most popular reviews from that sector.

Another surprising stat is that the most popular naked bike is the Kawasaki Z7 Hybrid.

Gareth Evans
Online editor, MCN

Bikes for Sale

Most viewed models

1. Honda CRF1000L Africa Twin
2. Honda NC750X
3. Yamaha R1
4. Honda GL1800 Gold Wing
5. BMW S1000 XR
6. BMW S1000 RR
7. Honda CBR1000RR Fireblade
8. Harley-Davidson Fat Boy
9. BMW R1250 GS
10. Triumph Bonneville T100

MCN Reviews

1. 1. Honda 17.4%
   2. Yamaha 12.3%
   3. Kawasaki 11.2%
   4. BMW 10.6%
   5. Suzuki 9.6%
   6. Triumph 9.4%
   7. Ducati 5.9%
   8. KTM 3.5%
   9. Aprilia 3.1%
   10. Harley-Davidson 2.8%%

   ---

   Naked 2024 Kawasaki Z7 Hybrid 2021 Triumph Trident 660 1996 Suzuki GSF600 Bandit 1998 Honda CB600F Hornet 2013 Yamaha MT-09

   Sports 2019 BMW S1000 RR 2024 Honda CBR600RR 2019 Honda CBR650R 2024 Kawasaki Ninja 500 2024 Yamaha XSR900 GP

   Adventure Sport 2020 BMW S1000 XR 2024 CFMoto 450MT 2024 Honda NX500 2014 Honda NC750X 2020 BMW F900 XR

Benelli 125 is the fastest-selling bike for a second month

Despite a decrease in market health of 8%, there are strong indicators of a better-placed market compared to last year.

Year-on-year, there is a 4% increase in levels of demand for used machinery, and a 12% increase in supply, providing consumers with more choice.

The rise in supply is mainly from one- to three-year-old and three- to five-year-old bikes. The nearly new segment is performing well, with stock selling rapidly.

125cc motorcycles dominate the list of the fastest-selling machines, with Benelli’s BN125 retaining the top spot it held in May. A1-class machines account for more than half of the entries on the list, illustrating the rapid turnover present in the commuter and utility markets.

The number of days a bike takes to sell on the Auto Trader site continues to decrease, with used machines selling on average in 29 days, a significant drop from the beginning of the year when the figure peaked at 63 days.

Eddie Bahn

Account director, Auto Trader Bikes

Fastest selling bikes on Autotrader