A slump in new sportsbike sales along with a rush of owners trading in sportsbikes for something different means there are lots of used bargains out there.
There are thousands of pounds to be saved on used sportsbike bargains for sale at MCN Bikes for Sale. For example, you can get a 2007 Kawasaki ZX-6R for £3999; a saving of £4200 over the 2010 model; or save £6000 on a 2005 Suzuki GSX-R1000 over the current model.
It might seem like an odd time of year to be buying a used sportsbike but the numbers of good quality used bikes out there makes buying now a good move rather than waiting for the Spring surge in sales.
With VAT going up by 2.5% to 20% come January 1 and new prices going up even further as a result the current glut of used bikes look even better value.
The UK has been one of the fastest changing new bike markets in Europe with sales of 1000cc and particularly 600cc sportsbikes taking the brunt of a drop in sales with sales down nearly 40 per cent from their peak. There are several reasons but the economic situation is partly to blame but also riders are getting older and are choosing to buy into other market segments like the adventure bike sector.
The result is the secondhand market has been flooded with good quality bikes that make for a tempting package as long as a sportsbike is what you want to ride.
One key benefit for buyers is the heavy discounting that happened on certain sportsbike models over the years. Suzuki dealers were particularly keen to offer discounts on new bikes over the past five years and this can be seen in both the numbers of models like the GSX-R600 on the used market and also at the lower prices.
Nigel Mapletoft, boss of Redcar Suzuki in Leicester said: “With the increase in VAT to 20% in January new prices are going to be even higher than they are currently. This is going to make the used stock look even better value. My advice to anyone thinking of buying anything used is to get on with it as I predict a bit of a rush come Spring when people look at the price differences between new and used.”