If you’re considering buying a motorcycle, it’s advisable to do that at the time of the year when you can get an amazing deal. Motorcycle prices fluctuate throughout the year. Choosing the best time to buy your motorcycle can offer you a massive discount.
The worst time to buy a motorcycle is during spring and summer. Spring and summer are riding seasons when motorcycles sell at the highest prices. On the other hand, the 2 best times to buy are during the winter and at the end of the riding season.
Keep reading if you want to know more about the worst and best times to purchase a motorcycle. In this article, we’ve explained all you need to know about the worst and best times of the year to buy a motorcycle.
When Are the Best and Worst Times to Buy a Motorcycle?
The worst time to buy a motorcycle is when motorcycles are high in demand. The demand for motorcycles rises exponentially in the riding season – during the spring and throughout summer.
Once the weather starts getting better for riding, the number of people who want to buy motorcycles shoots up. As expected, when demand soars, prices of motorcycles go up. Sellers leverage high demand to negotiate high price points.
The reverse is the case in the winter. During the winter, the weather is not appropriate for riding. Consequently, demand for motorcycles is not high. So, sellers tend to reduce prices in order to attract buyers. The chances of getting the best deal during the winter months are very high.
That being said, let’s take a look at the best and worst times to buy motorcycles from dealers and individual sellers (when purchasing a used bike).
1. What is the Worst Time to Buy a New Motorcycle from a Dealer?
The worst times to buy from a dealer are during the riding season and when new models hit the market. During these peak periods, an average dealership has many people lining up to buy motorcycles. Motorcycle prices shoot up due to increased demand. This makes it difficult for people on low budgets to negotiate lower price points.
The latest model of a motorcycle brand that’s newly released is expected to be sold at higher prices. New motorcycles are fashionable and visually appealing; that’s why they command exorbitant prices. Moreover, new models often arrive at dealerships during the beginning of the riding season – when demands are higher.
2. What is the Worst Time to Buy a Used Motorcycle?
The worst time to buy a used motorcycle is from the beginning (spring) to the peak (throughout summer) of the bike season. During the spring and summer, many people are always in search of used motorcycles to enjoy the season.
Bike Sellers know this, and they leverage the high demand to sell their motorcycles at higher prices. Sellers know they can get away with setting high prices. Due to the high number of buyers, it’s difficult to negotiate prices below the asking offers.
3. Best Time to Buy a Motorcycle From a dealer
The winter is the best time of the year to buy a motorcycle from a dealer. During the winter, demand isn’t high. As a result, dealers sell motorcycles at discounted rates. Some other factors come into play as well.
Dealerships have monthly quotas. In the months when business is slow, they reduce prices to attract more buyers and hit their monthly targets.
4. When is the Best Time to Buy a Used Motorcycle?
The best times to buy a used motorcycle are at the end of the bike season and during winter. Towards the end of the motorcycle season, some riders put up their bikes for sale. The end of the season is a great time to get amazing deals because the demand for motorcycles is always low.
Some put up their bikes for sale to avoid the cost of maintenance during the off-season period. Others do it because they plan to get a newer model in the next motorcycle season. In addition, the winter season is a time when household bills soar.
Motorcycle owners sell their bikes to make quick cash. Given the fact that demand is low, and the sellers want to make some money, used motorcycles are sold at lower prices during the winter.
What Are the Worst Months to Buy a Motorcycle?
The worst months to buy a motorcycle are the warmer months. During these months, motorcycles sell at higher prices. If you live in the northern hemisphere, the warmer months include March, April, May, June, July, and August. September, October, November, December, and January are the worst months in the southern hemisphere.
What is the Best Month to Buy a Motorcycle?
The best months to buy a motorcycle are during the colder months. Dealerships see a drastic drop in demand, and they set low prices to attract buyers. If you live in the northern hemisphere, the winter months are December, January, and February. The best months are June, July, and August in the southern hemisphere.
Do Motorcycle Prices Go Down in the Winter?
Yes, motorcycles are sold at lower prices during the winter due to a significant drop in demand. Winter is the time of the year you can get the best deal possible.
Final Thoughts: The Worst Time of the Year to Buy a Motorcycle?
The worst time of the year to buy a new motorcycle from a dealer is during the spring and summer. Conversely, the 2 best times to buy a motorcycle are during the winter and towards the end of the motorcycle season.
However, things might be different if you live in a place where the winter isn’t extreme. In such places, the prices of motorcycles are stable. This is because people ride throughout the year.
In the same vein, price fluctuations may not affect motorcycle models that are in high demand. Dealers tend to keep the prices of high-demand models constant in and out of season.
About the author: Michael Parrotte was the Vice President of AGV Helmets America, and a consultant for KBC Helmets, Vemar Helmets, Suomy Helmets, Marushin Helmets, KYT Helmets, Sparx Helmets. In addition, he is the founder and owner of AGV Sports Group.