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Off-Road Segment Outperforms Seasonal Auction Price Trends

The March seasonal sales price for the off-road segment grew year over year and outperformed the five-year price trend, according to data National Powersport Auctions provided Powersports Finance.

NPA credits the growth in the off-road segment to “warmer weather and clearer skies” across the country, which “could help to explain the surging demand and rising [annual sales price] in the off-road segments,” Tony Altieri, business development manager at NPA, said in the report.

The off-road vehicle segment consists of ATV, side-by-side, and motocross (MX). ATV seasonal sales price in March grew 7 percentage points to 107.4% year over year. Additionally, it outperformed the aggregate five-year seasonality trends for ATVs, which was projected at 99.9% in March.

via NPA

For More Data: March Auction Prices Rise for Off-Road Segment, Drop for Metric Cruisers

Side-by-side seasonal sales prices grew 5 percentage points to 107.7% compared with the same time last year and with its five-year trend.

via NPA

The seasonal sales price for the MX category was the largest increase year over year. The category grew 15 percentage points to 110.7% compared with the same time last year. MX sales price was 7 percentage points ahead of the five-year seasonality trend.

via NPA

 

 

Matthew Wood

Matt Wood is the Associate Editor of PowerSports Finance, where he is responsible for covering all the latest news, trends, and innovations with powersports lenders and dealerships. Previously, Matt was a writer for Auto Finance News before switching full-time to PowerSports Finance. He is also an experienced entertainment news writer covering pop culture, movies, and TV shows. Matt received his Bachelor’s degree in Communication from Rowan University in New Jersey.

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