springfield for sale "motorcycle" - craigslist (2024)

FAQs

Is now a good time to sell a motorcycle? ›

To grab the best deal, sell when demand is high. Historically, spring and early summer see a spike in sales. Warmer weather encourages riders to hit the road, igniting the urge to buy. Track sales trends online or in magazines, and plan to list your bike when interest peaks.

Sales: In terms of pure sales numbers, the clear winner is the Honda SuperCub. With over 100 million units sold since its 1958 debut, it's the best-selling motorcycle ever made. Its reliability, affordability, and ease of use have made it a global phenomenon.

The high prices of used bikes were also influenced by the shortage in supply of new bikes, greater competition between brands, and the constant race to introduce the latest motorcycle technology. All these factors resulted in expensive used bikes, leaving buyers with limited options.

You will get totally different numbers for a used 3 wheel motorcycle, a Yamaha that is 10 years old, and a Harley-Davidson with less than 1,000 miles on it. In a very general sense, you can expect a decent used motorcycle values to be anywhere from $4,000 to $10,000.

Sales of dual-sport motorcycles in the first quarter were down 6.0% from last year and sales of off-road bikes were down 18.3%. Dual-sport sales have set a new record every year for several years running now, but 2024 might be the year that breaks that trend. Where are sales growing? Big street bikes.

But even with a title, it's best practice to have a bill of sale when selling your motorcycle. A bill of sale protects both the buyer and the seller. A properly filled-out bill of sale containing the signatures of both parties legally transfers ownership of the motorcycle.

Brands like Honda, Yamaha, Suzuki, and Ducati have a knack for maintaining high resale values, giving them a leg up over competitors. While it might not be your first concern, understanding the potential future value of your bike can significantly ease the financial burden when it's time to upgrade.

However, starting from the top, the leader, as in the last 50 years is Honda. Not a surprise, of course. It is almost well known that the Japanese manufacturer dominates the industry with around one third of the industry in its hands.

The Honda Super Cub is arguably the most popular motorcycle in history. Honda has sold over 100 million units since its manufacture in 1958. The bike is renowned for simplicity, reliability, and affordability.

Are motorcycle sales down in 2024? ›

Global Motorcycles Industry keeps growing in 2024. After the first six months, the global sales of scooter, moped and motorcycles have been 32.7 million (+5.1%).

There are a few factors that will determine the overall quality of a used bike, only of which may be the mileage. While mileage is a determining factor in the bike's overall value, even bikes with high mileage can be a great value, especially if the bike was meticulously cared for by its previous owner or owners.

What makes a motorcycle vintage, classic, or collectible versus simply on up in years? That actually varies depending on several factors. In general, a bike that was manufactured more than 20 years ago is considered old.

Let's start with the sweet spots. States like Ohio, Florida, and Texas often roll out deals that can make any biker's heart rev a little faster. Lower costs of living, competitive dealer markets, and biker-friendly tax rates mean you can get more bike for your buck.

High mileage for a motorcycle is between 20,000 to 50,000 miles. Smaller motorcycles like sports bikes are considered to be high mileage at between 20,000 to 30,000 miles. Larger models like cruisers and touring bikes are deemed high mileage at around 50,000 miles.

The two-wheeler market in the United States is the 14th largest in the World and one of the more stable, with annual volume steady in the range of around half a million since over a decade.

The projected revenue in the Motorcycles market for Worldwide is expected to reach US$145.20bn in 2024. It is anticipated that the revenue will show an annual growth rate (CAGR 2024-2029) of 3.54%, resulting in a projected market volume of US$172.80bn by 2029.

Many motorcycle manufacturers have their own resale values and may be willing to work with you on a trade-in offer. Additionally, motorcycle dealerships often have access to used motorcycle pricing guides and might be able to give you an estimate of the motorcycle's trade-in value.

A bike ridden hard with high mileage will depreciate faster than a bike with low mileage. Condition - A well-maintained bike in great condition will hold its value better than one that hasn't been looked after. Rarity - If there's a high demand for a particular make and model, it will depreciate slower.