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AUCTION INSIGHTS

  • Dealernews
  • Mar 24, 2021

 

National Powersport Auctions Weekly Auction Insight Report provides a snapshot of the pre-owned market based on our transactional data collected at each auction. NPA is the nation’s largest marketplace for wholesale powersports vehicles, and thousands of lenders, manufacturers and dealers depend on NPA’s auctions to liquidate their inventory every month. “Being in business for more than 30 years with locations nationwide, we have a unique perspective into the powersports industry,” says VP of Marketing Ryan Keefe.

“With nearly 20 years of transactional data, we help banks, investors, manufacturers and dealers accurately understand the direction of the industry. NPA’s auction values and ValuGuide have become the authoritative source for values on powersport vehicles of all types.”

Buyer demand continues to be at a all-time high. All three auctions last week (NPA Philadelphia, NPA Sacramento, NPA Atlanta) finished with a conversion rate above 95%.

Report Highlights

• Both On-Road and Off-Road ASP dropped by approximately $700.

• MSRPs and Book Values also dropped across all categories.

• All On-Road categories experienced an increase in mileage. Metric Cruisers and Dual Sport units have the largest increases.

Get all the data here:

https://www.npauctions.com/cp/WeeklyAuctionReport

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