Ongoing demand for used bikes as the summer season continues was strong at Fleet Auction Group’s June motorcycle auction. Fifty lots went under the hammer, and an impressive 92% sell-through rate was achieved, with 46 motorcycles and scooters sold.
Stock was thinner on the ground than in previous months, with recent sales running at around 100 bikes. This seasonal dip is no surprise: with the peak selling season in full swing, dealers are retaining more of their part-exchange stock to sell, and are disposing of fewer overage bikes at auction. Most entries were late-model, low-mileage machines, with final prices averaging 77.6% of CAP’s clean valuation.
For the fifth consecutive month, the DVSA consigned a selection of ex-training and test motorcycles, with BMW, Yamaha and Kawasaki models making up much of the line-up. These bikes typically showed higher mileage, as expected for training and test use, but each had a full main dealer service history and was 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, five in total, will be offered at next month’s sale as the agency’s de-fleet stock comes to an end.
Additional entries in June came directly from Honda, Suzuki, Royal Enfield, DF Capital Finance, and the Fleet Auction Group’s own Motorcycle Underwrite Plus remarketing scheme. The sale attracted nearly 80 buying dealers.
The next online auction is scheduled for 16 July, and the sale catalogue and more information are available at www.fleetauctiongroup.com.