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used demand boosts auctions

Auction houses have been able to sell just about everything they put under the hammer recently because of the demand for used bikes.

BCA’s 24 February sale at Peterborough broke all house records by a country mile, selling 241 bikes and taking £1.39m. In overall terms, sale values were strong. Seventeen of the bikes made £10,000 or more, topped by a Harley-Davidson Tri-Glide at  £23,600, the highest price BCA has ever achieved.

The bumper stock was largely thanks to finance house Black Horse which released 177 machines. All sold, and overall conversion rate was 97.2%.

Commenting on the spectacular success, BCA bike specialist Terence Guymer said: “Trade customers were notably active, both franchise and independent, and bidding was exceptionally confident throughout the sale. We had 150 bidders in the hall and 313 online. It was a huge success, with a huge crowd of bidders, colleagues and interested parties.”

On the classic scene, the most recent volume auction was held by Brightwells at Leominster, Herefordshire, on 8 March, where all 66 motorcycles and scooters sold. While most lots were not high value and many were at no reserve, this was another success for Brightwells.  “It was a great result,” commented Brightwells sales manager Toby Service.

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