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January ATV Prices Rise 11% at Auction

While several powersports vehicle categories saw rises in average sales price (ASP) in January, ATVs saw the largest growth at 11%, according to data National Powersports Auction provided Powersports Finance.

Factors such as vehicle condition, the model, and the number of miles can impact ASP. The ATV growth “could be a sign of demand,” NPA Director of Business Development Tony Altieri told PSF, “It could also mean the units we sold in January of 2019 were newer, more expensive, cleaner, or had less usage than the units we sold in 2018.”

Overall, the ASP in January in line with historical norms. The ATV category was followed by sport bikes and off-road motorcycles (MX), which rose 6% and 5% year over year, respectively.

For More Data: January Auction Volume Drops for All Segments But Off-Road

Metric-cruisers and dual sports were the only categories that saw slight declines. Metric-cruisers dropped about 1% while dual sports declined by about 3% year over year.

These declines were “representative of a much ‘rougher’ pool of overall vehicle condition in each category,” the report said.

via NPA

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As Associate Editor of Powersports Finance, Matt Wood reports on the latest developments and trends of the powersports finance world, from innovation to new partnerships. He's also a movie/TV show buff and is willing to argue about Lost anytime. Former bylines include Scout Media and CinemaBlend.

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