THE BIKE MAR­KET IS OVER­HEAT­ING BUT NOW IS STILL THE TIME TO BUY

Practical Sportsbikes (UK) - - ON THE BENCH - Alan See­ley (Of Scot­land)

“GROW­ING ECONOMIES IN EUROPE HAVE A HUNGER FOR 1990S AND 2000S TACKLE”

Look­ing to buy a 15-25 year-old sports­bike? Taken aback by the prices? You’re not alone. It’s a com­mon com­plaint. Some­times it’s sug­gested to us – and not al­ways in a wholly joc­u­lar man­ner – that it is the fault of Prac­ti­cal Sports­bikes.

As flat­ter­ing as it might be for us on the mag to think that we could have such in­flu­ence, we know we don’t. Imag­ine how cor­rupted we might be­come at the idea that we could skew the mar­ket for age­ing sports­bikes? We’d be like in­sider traders in the City or as sug­gestible as in­ten­sively lob­bied Mem­bers of Par­lia­ment keen to ex­pand their port­fo­lios of vested in­ter­ests.

Price fix­ing con­spir­acy the­o­ries aside, there is cer­tainly some­thing go­ing on. I re­cently had oc­ca­sion to re­search the prices of millennial sports 600s. Not merely ask­ing prices but the sums these bikes were ac­tu­ally at­tain­ing. I was amazed to find that even in pri­vate sales, some bikes were still con­sid­er­ably more than half their orig­i­nal new price. What­ever hap­pened to freefall de­pre­ci­a­tion and sat­u­rated mar­kets?

Con­ver­sa­tions with used bike deal­ers be­came more like coun­selling ses­sions with de­spon­dent traders. How they wished they could find de­cent used stock, even at prices that would al­low them to turn a mod­est profit. Their big­gest is­sue was not, as you might ex­pect, ebay and the like mak­ing every­one a trader with the widest pos­si­ble au­di­ence push­ing prices up. Rather it was the fact that a tsunami of used metal has been flow­ing from these shores for some time now, headed for coun­tries where the bikes were un­af­ford­able when new. Grow­ing economies in Europe par­tic­u­larly have a hunger for 1990s and 2000s tackle.

So at the risk of fan­ning the flames of an al­ready over­heated mar­ket, the time is now to buy that bike or project while you still can. Ap­par­ently the cur­rent fash­ion for PCP deals on new bikes will even­tu­ally re­plen­ish the used bike ‘parc’ (as the trade calls it). Trou­ble, none of those are any­thing most of us might want.

Stuff like this is get­ting snapped up by canny Euro­peans (and that doesn’t mean us)

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.