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Engage: Weblog

AUCTION ACTION

  • Dealernews
  • Jan 22, 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.”

Last week’s auctions (NPA Cincinnati, NPA Denver, NPA Dallas) performed as expected. NPA Cincinnati continues to have the highest overall conversion and NPA Denver and NPA Dallas had higher than normal Price to Book (PtoB) and conversion for this time of year.

Report Highlights

• On-Road Average Selling Price (ASP) rose ~$1,800 compared to the prior week. Units with higher MSRP rolled through our auction this week, and condition report scores rose slightly amongst On-Road categories.

• Off-Road ASP remained stable compared to the prior week, but the Side by Side category ASP dropped ~$1,100. The drop in Side by Side ASP results from a decline in the average condition report score.

Industry Insights

Harley-Davidson just released their 2021 models:

https://www.harley-davidson.com/us/en/motorcycles/index.html

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