When you buy a new motorcycle, it’s always in the back of your mind how much value it will retain when – not if – it comes time to buy your next bike.
The good news is that if you are into cruisers, sports bikes, Harley-Davidsons, BMWs or Japanese bikes, you are in luck.
Their residual value forecast is based on the trade-in value and uses Federal Chamber of Automotive Industries data for the top five sellers in each category with a base price minimum of $4000.
Prices for private sale would be higher than these trade-in prices, but they are a good indication of residual values.
Their data displayed below clearly shows that cruisers have the highest retained values at trade-in time and they hold on to their value for longer.
Cruisers retained 65% of their value in the first year or 20,000km, narrowly ahead of sportsbikes (64%) and dual sports bikes (63%).
Cruisers also retained high values for longer, dropping to 50% by the fifth year or 1000,000km, which is a substantial amount of kilometres for any rider. Meanwhile, sportsbikes and dual sports dropped to 42% and 46%, respectively.
The worst retained values were for minibikes which dropped to 47% and 27% by the fifth year and scooters (50-29%).
Residual value forecast (%)
The best-performing motorcycle was the Harley-Davidson CVO Ultra Limited which retained 78% of its value in the first year, dropping to 61% in five years or a massive 100,000km.
Together with the high retained value for cruisers, is it any wonder Harley-Davidson has the highest brand retained value at 77% reducing to 60% in five years?
Harley-Davidson Australia marketing boss Adam Wright says the bikes hold their value because they are made in America.
“Today’s consumers see these products as being a solidly engineered and well-built motorcycle that represents American values of freedom and adventure,” he says. “In many cases, consumers also see H-D as a low-volume manufacturer compared to automotive and other motorcycle companies. This gives them an opportunity to own something that is somewhat exclusive which leads to a good return on investment.
“Our CVO range is a great example of exclusivity with constrained numbers manufactured across the globe. To own one of these premium motorcycles means you are purchasing a Harley-Davidson that will be very limited in its availability, ultimately leading to a strong resale position. It’s important for us as a brand to ensure we create motorcycles that represent quality, longevity and a strong brand equity position. “
Harley is followed by BMW at 66% down to 45% in five years, Triumph (65-46%), then Kawasaki (60-39%), and Yamaha and Suzuki (59-39%).
Top 10 motorcycle/ATV brands
(FCAI sales data 2014)
BMW also does well with the best retained values in three categories for its new S 1000 XR hyper-adventure bike, K 1600 GTL Exclusive flagship tourer and R 1200 RS sportsbike.
Glass’s Guide analyst Rushad Parkar says they base their forecast values for new models on “how the predecessor or the closest model from the manufacturer has fared in the market and market expectations/changes associated with the new release”.
For example, the new BMW S 1000 XR forecast value was based on how the BMW 1000 S and the BMW 1000 R performed in the market and how their used values fared.
(Bikes in black have the highest residual trade-in value in their category and bikes in red have the lowest.)
|Yamaha YFM450FA 2014||ATV||64||54||50||42||38|
|Hisun Parkland PQV-350||ATV||54||44||39||31||27|
|BMW S 1000 XR 2015||Dualsports||72||68||67||65||64|
|KTM 1050 Adventure 2015||Dualsports||72||68||67||65||64|
|Yamaha WR450F 2015||Enduro||63||54||52||44||40|
|Kawasaki KLX150L (KLX150E)||Enduro||55||47||41||37||30|
|Husqvarna FC450 2015||Motocross||58||52||50||46||41|
|Braaap Maestro 150||Motocross||44||39||38||34||30|
|BMW K1600 GTL Exclusive 2015||Road||70||62||58||52||48|
|MCI RT 250 Tornado||Road||49||40||38||32||29|
|Harley-Davidson CVO Ltd 2015||Cruiser||78||70||66||64||61|
|Suzuki VLR 1800T Boulevard (C109RT) K9||Cruiser||54||48||46||43||38|
|Zoot Deluxe 505||Scooter||44||33||30||26||23|
|BMW R1200 RS 2015||Sports||72||68||67||65||64|
|Riya RY300T Adonis||Sports||51||39||35||31||28|
- Glass’s Guide, founded in 1933, is the de facto reference for the financial and insurance industries. You can obtain an authorised current market valuation of your bike or a bike you would like to buy at Glass’s Guide valuations for $19.25 (includes GST).