Spring showers may be right around the corner, but it is the auction lanes that are flooding with activity. “Being in business for more than 30 years with locations nationwide, we have a unique perspective into the powersports industry,” explains National Powersport Auctions VP of Marketing Ryan Keefe. NPA’s Weekly Auction Insight Report provides a snapshot of the pre-owned market based on 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. “With nearly 20 years of transactional data, we help banks, investors, manufacturers and dealers accurately understand the direction of the industry,” Keefe adds. “NPA’s auction values and ValuGuide have become the authoritative source for values on powersport vehicles of all types.”
NPA Weekly Auction Report: January 18th – January 22nd
Last week's auctions (NPA Philadephia, NPA Sacramento and NPA Atlanta) performed similarly to the previous month. As January comes to a close, we expect Spring demand to start in the cleaner lower mileage units.
Report Highlights
• On-Road Average Sale Price (ASP) and MSRP both trended down compared to last week. This was driven by ASP going down in units other than Domestic Cruisers.
• Mileage in the On-Road category also trended down this week.
• The Off-Road ASP and MSRP remained relatively stable compared to the prior week even though Side-by-Side sale volume decreased by over 30%.
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https://www.npauctions.com/cp/
