Tuesday, March 5, 2024
HomeNEWStrade 'worried' after poor year for the industry

trade 'worried' after poor year for the industry

Vehicle provenance researcher My Car Check says the motorcycle trade is worried after a poor year for the sector.

Mark Field said: “New registrations in October were down by 13%, and the year-to-date figures show a 15.5% decline on last year. The large number of bikes which had to be pre-registered before the new Euro 4 engines came out goes some way to explaining it, particularly in the 51-125cc sector, but many in the trade are worried. The decline in car and LCV registrations points to a slowdown in the economy, but why it should affect two-wheel sales so dramatically is a matter of heated debate.”

A day after Motorcycle Live closed at the NEC, Field said the show was as busy as ever, which “begs the all-important question: why is this interest not being transferred into sales?”

Looking at second-hand bikes, Field said: “The Kawasaki ER6F is a fantastic all-rounder: light and relatively cheap to insure, but with enough power for most. You can pick up a decent condition 2008 model for around £2,400 from a dealer, which includes a warranty – perfect for those looking for an older bike to continue commuting through the winter. As always, check before you buy, because, of all the ER6F models we’ve checked in 2017, around one in 6 was previously written-off.”

With information from the police, DVLA, insurers and finance houses, My Car Check holds data on every vehicle on UK roads – things that buyers should be aware of before making an offer.
 

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