INCREASED DEMAND FOR USED MOTORCYCLES SET TO DRIVE UP PRICES
March 3 2008.

Growing demand for used motorcycles is likely to put added pressure on the supply of second-hand machines and cause trade prices to rise, according to EurotaxGlass's - publisher of Glass's Guide to Motorcycle Values.

In the company's latest trade survey, dealers have reported adequate stock levels to satisfy current retail demand, but they anticipate enquiries and sales to increase once the market enters the peak selling months.

"Once consumer demand ramps up, dealers are expecting stocks to run short," explains Randal Thomas, Motorcycle Editor at EurotaxGlass's. "This could happen as early as March, so we have reflected this position in the latest edition of the Guide, with values increasing across the more popular sectors.

"That said, we have adopted a cautious stance for the moment, and it is likely that transaction prices will climb further."

Both franchised dealers and used-only specialists have reported a marked shortage of 600cc sports bikes, while stocks of 1,000cc supersports still appear high in many showrooms. Large naked machines and Japanese custom machines are also reported to be keenly sought after
by the trade.

"Harley-Davidson models, once a rare commodity, are now comparatively more plentiful," Thomas continues, "and do not always attract quite the same level of interest. Consequently their values have been eased slightly."