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HomeNEWSSummer stock remains tight, but prices hold strong at Fleet’s August auction

Summer stock remains tight, but prices hold strong at Fleet’s August auction

Fleet Auction Group’s August motorcycle auction again underscored strong demand for used bikes, achieving a 95% sell-through rate as 57 of 60 lots found buyers.

The strong results demonstrate the resilience of the used motorcycle market, even as supply tightens during the peak selling season. Dealers continue to report robust retail demand, encouraging them to retain more part-exchange stock. As a result, recent Fleet Auction Group events have featured smaller catalogues, but buyer appetite and final sale prices remain upbeat.

Supply was lower than in previous months, with 60 bikes offered compared to the typical 100 seen at recent auctions. Most lots were late-model, low-mileage machines, and prices remained strong, averaging 97.1% of CAP clean values.

The quality of available stock remained high. Late-model, low-mileage bikes were in greatest demand, but there was also significant interest in older, well-maintained machines, particularly those with comprehensive service records.

For the sixth 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 its operational life. All machines were VAT-qualifying and presented attractive retail opportunities for dealers.

The online auction atmosphere was competitive, with many lots attracting multiple online bids. Strong participation from nearly 80 dealers ensured that most motorcycles achieved values at or above their reserve prices.

The majority of the August auction stock came from Honda, Suzuki, Royal Enfield, Billing Finance, DF Capital and Fleet Auction Group’s Motorcycle Underwrite Plus scheme.

Looking ahead, auction volumes are expected to pick up as the peak season winds down and dealers review their stock positions.

The next online sale takes place on 17 September. Auction details and catalogues are available at www.fleetauctiongroup.com.

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