September 2024 Used Stats

Glass’s used market overview

The used motorcycle market in July was variable, with some dealers having a stronger month for new, whilst others did better for used. However, the market remains tougher than last year, particularly for machines up to three years old, which can be challenging to retail due to the strong deals available on new sales. 

Middleweight machines, four years and older is where the broad demand is and this continues the recent trend, with larger machines less buoyant, due to price and an ageing rider demographic. Japanese and Triumph brands are typically popular for most dealers.

Outlook

July was a mixed month weather-wise. The first half was cool and wet at times, while the second half was much warmer and drier, providing fine riding conditions. August has also started on a variable note. Now that the peak holiday season is here and the market typically experiences a slowdown, combined with strong deals and increasing discounts offered on new, Glass’s expects residual values to ease during the coming weeks across all segments.

Paul McDonald
Leisure vehicles editor

Naked used bikes top the bill

Summer’s in full swing, so you’ve guessed it: it’s raining loads and pretty windy. But that just means your customers have all been looking at, and buying, bikes on the MCN website!

Honda’s declining share of bikes for sale continues. It accounts for 19% of sessions overall, down from 25% in previous months, with Triumph nipping at its heels with 12% of all sessions.

Unsurprisingly, the most popular bikes for sale are still Hondas, with the Gold Wing and NC750X seemingly topping that list for the past few years.

Over in Bike Reviews, there has been a massive increase in the popularity of naked bikes over the past month, mainly due to two new models: the Royal Enfield Guerrilla 450 and the Yamaha MT-09 SP. This sector now accounts for 28% of all sessions, with adventure and sports bikes tied for second with 17% of sessions each.

BMW’s S1000 RR remains the most popular sports bike, while the Kove 800X Pro takes top spot in the adventure category.

Gareth Evans Online editor, MCN

Bikes for Sale

1. Honda GL1800 Gold Wing
2. Honda NC750X
3. Harley-Davidson Fat Boy
4. Kawasaki Z900RS
5. Suzuki GSX1300R Hayabusa
6. Honda CRF1000L Africa Twin
7. BMW R1250 GS
8. Yamaha R1
9. Honda CBR1000RR Fireblade
10. BMW S1000 RR

MCN Reviews

1. 1. Honda 17.1%
   2. Yamaha 12.9%
   3. BMW 10.5%
   4. Kawasaki 9.8%
   5. Triumph 9.0%
   6. Suzuki 9.9%
   7. Ducati 6.2%
   8. KTM 3.4%
   9. Royal Enfield 3.4%
   10. Aprilia 2.9%

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   Naked 2024 Royal Enfield Guerrilla 450 2024 Yamaha MT-09 SP 1996 Suzuki GSF600 Bandit 2021 Triumph Trident 660 2013 Yamaha MT-09

   Sports 2019 Bmw S1000 RR 2024 Honda CBR600RR 2019 Honda CBR650R 2024 Yamaha XSR900 GP 2011 Suzuki GSX-R750

   Adventure Sport 2024 Kove 800X Pro 2020 BMW S1000 XR 2024 CFMoto 450MT 2014 Honda NC750X 2020 BMW F900 XR

Strong used bike interest in July

On average, it’s taking 29 days for a used bike to sell on Auto Trader. This is the same amount of time as was the case in June, but it is more than a month quicker than at the start of the year.

The rate of supply of used bikes continues to grow, with 11% more bikes advertised than this time last year. With more bikes in the market there are also more eyes viewing, with demand increasing 7% YOY. This has resulted in an overall market health score of -4%, far better than the -8% recorded in June.

Fastest-selling bike of the month was the Lexmoto LXR125, which on average took less than a week to sell. This was one of the eight 125cc machines filling out the top 20. The fastest-selling “big” bikes were the Honda CB650R, CB750 Hornet and Enfield’s Super Meteor, showing the popularity of mid-range naked machines. Conversely, only two over-1000cc machines made the top 20 – Triumph’s Sprint ST and the Kawasaki Z1000.

Eddie Bahn

Account director, Auto Trader Bikes

Fastest selling bikes on Autotrader