Rising new bike prices may mean great PCP deals
New motorcycle sales have been soaring for the last three years, but it seems rising bike prices might slow down that success story.
Huge fluctuations in the Euro and the dollar and costly modifications – so that machines can meet Euro4 legislation – and inflation are the main reasons manufacturers give for the price rises, but if sales start to slow we could see less development of new bikes and a slowdown in the secondhand market.
There were some small signs of a change last year with the month of July showing a 2.6% drop in sales on the previous year. It was the first – and only monthly drop in the last few years. And once dealers started to offer great deals on Euro3 bikes – to clear the decks – things picked up.
But the Yamaha MT-07 has gone up by nearly 20 per cent since its launch in 2014 and a Ducati Scrambler has gone from £6895 to £7650 now. It’s a similar story across the board. The hope is that tasty PCP deals – a new Blade can be ‘yours’ for just £119 a month despite its £15,225 pricetag – will make rising RRPS irrelevant. And with a new Yamaha R6 costing £10,999 (the outgoing CBR600RR was £8999), let’s hope PCP deals continue to tempt new buyers.