market reports

2022 Q2 Powersports Industry Market Report

By Specialty Division

Powersports pricing remains stable to slightly off the recent historic peak. Side-by-sides have plateaued at an extremely strong level while motorcycles have bulled back mildly.
In the motorcycle segment, values for the most recent 10 model years of cruisers averaged 11.1% higher in the first half of 2022 compared to the same period of 2021. Sportbikes averaged 9.7% higher in the same periods. However, in both segments, values have matured, with cruiser and sportbike values now about 5% and 7% lower than recent highs, respectively.

Side-by-sides saw a mild seasonal bump and continue to bring near-record money. In the side-by- side category, values for the utility segment averaged 13.3% higher in the first half of 2022 compared to the same period of 2021. Sport side-by-sides averaged 20.2% higher in the same period. Compared to recent highs, the utility segment is off by about 4%, while the sport segment is off by about 3%.

Post-pandemic economic changes will continue to weigh on consumer spending behavior. At this point, the powersports market is maturing but still very strong compared to recent years.

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