Powersports Finance has been forced to discontinue the Powersports Finance Data, which served as a barometer of industry growth and provided subscribers with exclusive loan performance trends.
While the first quarter survey produced valuable insights on origination, approval rate and delinquency trends for motorcycles, UTVs and ATVs, the second-quarter survey lacked the necessary backing from the industry to produce meaningful data.
PSF created its data product to connect the industry and provide a look at the market that would help guide business decisions. Powersports Data initially had the support of the industry to produce the data, but industry participants failed to provide the necessary information on a regular basis, forcing Powersports Finance to discontinue the offering.
Powersports Finance continues to support the industry through the Powersports Finance Summit, coming October 23-34 at the Hilton San Diego Bayfront.