USED MOTORCYCLE MARKET GAINS MOMENTUM
March 10 2009.

A steady growth in retail sales of used motorcycles is helping to strengthen values of second-hand machines, according to the market experts behind Glass's Guide to Used Motorcycle Values.

Demand amongst the trade has been boosted by an influx of both retail and trade buyers coming from continental Europe, some of whom will travel considerable distances across the country from the ferry-ports or the Channel Tunnel terminus to take advantage of the strong Euro.

Of the dealers responding to the latest Glass's trade survey, 75 per cent indicated that retail demand had either increased or had held steady, though wintry conditions at the beginning of February certainly had hampered the volume of transactions completed.

"Although retailers of used motorcycles have yet to see market conditions sufficiently buoyant to support increased retail prices, there is no doubt that competition amongst retailers is gaining momentum, and that higher sums of cash are being exchanged for good-quality units," says Randal Thomas, Editor of the Guide.

As a consequence of healthier sales, dealers report their used stocks have ceased to build-up and are now either holding level or falling. This prompted 62 per cent of retailers to describe their stockholding as just right for anticipated demand.

Thomas adds: "To reflect these trends we have taken action to place modest increases in values across most market sectors, except for larger supersports models and custom machines."