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. “With nearly 20 years of transactional data, we help banks, investors, manufacturers and dealers accurately understand the direction of the industry,” says VP of Marketing Ryan Keefe. “NPA’s auction values and ValuGuide have become the authoritative source for values on powersport vehicles of all types.”
NPA’s Weekly Auction Insight Report provides a snapshot of the pre-owned market based on transactional data collected at each auction. Last week's auctions (NPA Madison, NPA Lakeland and NPA Dallas) continue to experience high demand with limited supply.
Report Highlights
• Average Sale Price (ASP) remained stable, yet MSRP's rose in On-Road units compared to the previous week. Interestingly enough, average mileage rose over 30% in these units also.
• All categories in the On-Road section showcased this upward mileage trend with Domestic Cruisers experiencing the largest shift.
• Off-Road ASP rose slightly compared to last week, and MSRP trended upwards as well. This is the first time in five weeks that ASP in the Off-Road section adjusted more than $400.