Values declined for most on-road powersports segments after a summer peak, according to a Black Book report provided to Powersports Finance.
Three of the four categories in the on-road segment declined in value in June. Specifically, street bike values dropped 2.1% month over month; cruiser values fell 2%; and domestic V-twin values declined 1.7%.
Scooters were the lone exception, which climbed $13 on average month over month, or 1.0%, according to Senior Analyst Scott Yarbrough.
For More Read: Vehicle Values See ‘Modest’ Growth in May, Black Book Says
Larger touring bikes are showing slightly more strength this month, Yarbrough noted in the report. “While they still dropped in value, it was by less than half what the overall segment did,” he explained.
However, losses in the on-road segment were offset by gains in the off-road segment, according to the report.
The off-road segment, which is typically strongest in the fall, is “already showing small gains,” Yarbrough added. The value of ATVs are up 1.3%, and utility vehicles and off-road bikes are both up 0.9% in value.Like This Article