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Used bike demand drives strong May auction

Demand for used motorcycles remains high, as demonstrated by Fleet Auction Group’s May sale, where 91 lots went under the hammer, and a strong 96% conversion rate was achieved. The majority of motorcycles and scooters offered were late-model and low-mileage, with final prices averaging 81.6% of CAP clean.

For the fourth month running, the DVSA consigned a selection of ex-training and test motorcycles to the auction, with BMW and Kawasaki models making up much of the line-up. These bikes typically showed higher mileage, as expected for training and test use, but all had a full main dealer service history and had been maintained to strict 12-weekly safety standards throughout their operational life. All machines were VAT-qualifying and presented attractive retail opportunities for dealers. The last of these bikes, 25 in total, will be offered at next month’s sale as the agencies’ de-fleet concludes.

Additional entries in May came directly from Honda, Suzuki, Royal Enfield, DF Capital Finance, Billing Finance, and the Fleet Auction Group’s own Motorcycle Underwrite Plus remarketing scheme. The sale attracted more than 90 buying dealers and generated over 900 bids.

Andrew Walker, CEO of the Fleet Auction Group, said: “Our May motorcycle auction was buzzing yet again and packed with stock. With the season now well underway, dealers are hungrier than ever to secure clean used stock. And we have another bumper sale next month, with nearly 100 bikes on offer.”

The next online auction is scheduled for 18 June. The sale catalogue and more information are available at fleetauctiongroup.com.
The Fleet Auction Group
01530 833535
[email protected]

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