🚨Thinking of Buying a new Motorcycle? Huge discounts available but is now the right time to buy?

[@garykeighley712]

I also think the downturn in sales is due to the fact that young people are not buying motorcycles

[@stevelong5510]

A bit of light at the end of this current tunnel, I was talking to a delivery guy for a dealer and they sold 1080 bikes last year in the upto 125 market . The reason he said was young people can’t get on the car market due to horrendous insurance costs into the 1000’s ££’s and waiting times to take a test, with lessons costing £65 per hour and a minimum of dozens needed by the driving schools.

[@brokenbritain9441]

I wasn't planning to buy a motorbike especially 125. But when the Honda cb125f 24 plate registered in November and I bought it in December for £1300 with engine warranty and breakdown cover😮😮 give them cash and had the bike the same day.

[@colinfairburn9314]

Part of the issue is that bike manufacturers in the main have been making bikes that are too expensive - BMW, KTM, Triumph, Harley Davidson etc. It's no surprise that the likes of RE and BSA are gaining ground and while they have had to drop prices too, they're in a far better position globally sales wise in the Indian market and east Asia.

[@carlwalker4936]

Agree with this, prices of some of the higher end bikes have got silly.

[@peterlepouttre2219]

The economic recession will get much worse, which means that few people will be able to buy a new motorcycle. Most will continue to ride their current motorcycle.

[@joesmith8701]

i lost my job 2 years ago went on dole what affected my mentel helth to the point i got sectioned i was dignosed with bpd applyed for pip got it then a few moths ago they put me on limited capasty to work i am a single man on a council flat so my rent has always been lol i was not on benfits when i got this place i am better of now then i was when i worked full time and i was on 2 to 3 pound above min wage i am getting a new bike with this disabilty mony

[@KRAM-zb2vc]

Brilliant video as always Stuart and I grew up the same time as you, and also have seen the motorcycle industry go through the ups and downs and dealerships come and go 🤔

[@db955]

so the excuse for the mrs is “Stuart said i should , and i should buy soon “ sorted.😀

[@jonathanstyles5033]

Well said, Stuart. I remember the recession of the early 80s and the appearance of short-lived dealerships setting up in Leicester offering "pile them high sell them cheap" deals. In 1983, I looked to purchase a brand new CB750F from my local Honda dealer, unfortunately for them, this new company appeared in the city, offering 1982 models for £1395, against an RRP of around £1800. Although I felt guilty for not supporting my local small dealership, but as cash was tight, that discount was too much to turn down. Looks like we've come full circle?

[@gunsdonovan9183]

Im waiting on the GB500S from Honda arriving i have a stash of cash set aside for one of those when they arrive. I ffind myself in the unusual position where i can be one of those first buyers on a new model, all that said speaking about the weather, ɓetween that and ilness i have only managed to put 1700 miles on my 22 kawa. Going to be better this year though, mini tours this summer are on the cards.

[@ashleyralston9142]

Great video Stu and I've been riding long enough to see this cycle before. Started riding back in 1975/76 whilst in the RAF. Nice to see the Humberside Bridge to, not seen that since 1985 when I left the RAF at RAF Staxton Wold to return to Australia. Now awaiting my new Triumph Tiger Sport 800 (already paid for with paniers and top box).

[@stevewalker2047]

Good morning Stu. Another good video. Thanks for the info. I have also seen motorcycle shops Come and go. It seems to happen about every 10 to 15 years.

[@krzysztofmat7673]

Hello Stuart, thank you for the new material. In Poland, there are similar industries, many are in stagnation, even I changed the industry from construction to transport, where there is a shortage of drivers. Another cycle is coming full circle, but we who expected it do not panic, we just adapt accordingly, waiting for opportunities. Best regards and I wish you health and weather for the next trips

[@martinehulme8743]

Good information as always, here in Worksop in the 80s we had at least 6 motorbike shops, only one now (bike depot) that sells second hand. 🎉 In October last year I bought a KTM duke 790 , originally planning to buy in march 25, I got £1200 discount, no brainer, and instead of hp opted for PCP as the %of interest was much lower. I'm a person who keeps my bikes so this will be paid off when the balloon 🎈 is due. I know it's madness keeping them all.. mad woman 👠 with a garage full of bikes (better than beer 🍻 and drugs in my opinion). Maybe they'll make a program about me one day 😮😅 xx stay safe everyone and always be kind 🎉❤

[@joereedmusic9853]

The situation in the States is much the same. The used prices on 23 - 24 bikes has dropped as well, with about 1/4 wanting equity plus taking over payments. It's a buyers' market on new stock just a fraction above a year-old model.

[@AndyWWW]

Absolutely agree, the bargain bucket will become empty soon, which is why, having passed Mod1 yesterday I went out and bought a pre reg (december) ktm 390 adventure this morning before i booked Mod2 for next week. London price 3995. Training courses and test dates seem to be filling up quite quickly near me which is good news as i will have a 125 to sell i hope.

[@Xanavi23]

Another great video Stuart, and i totally agree with you on the issue of PCPs. I wouldn't touch such a deal with a barge pole!

[@markfranks1329]

Entertaining and informative as always, Mr Fillingham. 👍

[@sonics747]

The difference between is that kids today don't even want to get a drivers license, never mind a motorcycle endorsement. They would rather call Uber/taxi before driving their own vehicles. In the 1980s kids actually played outdoors and couldn't wait to get a learners permit at 15 years of age in the USA. In San Francisco they have drive-less taxi, I'm not sure manually ridden motorcycle sales will get better in the future.

[@lukeempty3386]

I got 3 nephews 2 teenagers and one younger, they all play outside and the eldest did a CBT and has a scooter, what are you talking about?

[@andylynch739]

Hi Stuart, another informative video. However, not sure about your comments relating to PCP. At the end of the agreed term there is a Guaranteed Future Value which was set at the beginning of the contract. When your contract expires you can either pay of the GFV and keep the bike or hand it back and pay nothing (providing of course the bike only shows fair wear and tear and you have not exceeded the agreed mileage). I accept that some may expect their bike to be worth more than the GFV which, the way things are going, may or may not be the case and this is what you may have been eluding to. However , the bonus with PCP is that if the market does crash and your bike depreciates far quicker than expected you simply hand it back. I would also point out that buying a bike on PCP and then paying off the GFV (especially if you refinance this) is the most expensive way to purchase as you rack up large interest costs.

[@stuartfillingham]

not always Andy there has been plenty of coverage of this over recent years. my partner got caught out about 10 years ago on a fiat 500. when the used values crashed. read the smal print!

[@eddiehawkins7049]

It isn't Net Zero which has caused us problems over the last fifteen years, it's needless austerity.

[@hectorshouse7348]

You’ll not be a dot connector then

[@stuartfillingham]

🤣

[@mrgrumpy771]

If we don’t collect enough tax then we can’t spend it. Idiots call it austerity

[@spitfirefrench]

‘Austerity’ eff off It’s the govt causing almost 100% of all problems either directly or indirectly, why would I want MORE of that?

[@SteveTheBikingGrandad]

I bought my Interceptor on PCP in 2021. I paid a decent deposit and only paid about £60 a month, then put the final balloon payment onto a 0% credit card - I worked it all out and it was cheaper (albeit only ever-so-slightly cheaper) than the HP finance, but it was less outlay per month for the three years of the PCP 🙂 I had always planned to keep it for longer than the PCP agreement and own it outright anyway, and I'm still not planning on getting rid of it after nearly 4 years of owning it now. I'd do the same again on a new bike if I didn't have the funds to buy outright, but only if it made financial sense compared to HP.

[@MrSharpe95]

Definitely a great time to buy. 😊 There some superb bargains to be had.

[@AubreyHill-km3cw]

Great video Stuart. Well researched and informative

[@vincesacca5025]

I remember a decade ago you would see motorcycle riders everywhere enjoying themselves on a nice day. It seems every year I see less and less and now I hardly see anyone. I am retired and I will go to a dealer and look at new models to see what is going on these days. The salesman tell me things are very slow now. They have some good deals on some of the bikes I like. The workplace market seems to be overseas and good paying jobs for the average guy are slim. Our world is changing and our foundation seems to be slipping away for nothing but profit. I don't want to seem gloomy, but people are different today. Goodbye for now my friend.

[@stuartfillingham]

I remember back in the 1980s you could ride to work and back for a month and barely see another bike on the road.

[@paulward6506]

Thanks Stuart , looking back to the old days love it , you are helping me recover post op hernia matey , I’m on the cusp of purchasing the 350 classic ,my fz6 s2 is now getting a little too lairy for my 60s year old body , keep at it matey marvellous content 👍.

[@marcomalo02]

From Kentucky USA... Me to Wifey: I'm going to save us some money. Wifey to me: You're not buying another motorcycle.

[@slawomirszczepanski9708]

Well, it’s not just that. I’m 50, over 30 years on the bike, live in London. My interceptor my23 insurance is 3.5 grand in bloody London, it went from 300 a year to that in matter of 2 years, that is a piss taking. Same with gear, 350 to 500 for a jacket, same for glows, boots. But, if you compare to Europe, we paying extra for everything.

[@waynesmith537]

Great review Stuart I recently retuned to biking after twenty plus years and got myself a new Honda monkey which is great your right in the car and motorcycle industry are not doing well at the moment sad times saying that I quite like the new Honda GB350s which at the moment is cheaper than my monkey and getting great reviews all the best.

[@ralphrotten6912]

Here in the states, dealers still have some new 2023 models in stock. With reduced prices, they still aren't flying out the door. Your video states it well. This has all been seen several times in our "older guy" times. Of course, what do we know, we're just old and ignorant. It's a chicken little event, the skies falling. When in trouble or in doubt, run in circles scream and shout. Lived through the Korean War, Cuban missile crisis, Vietnam War, race riots, the hippie movement, two gasoline shortages, and I've lost track of all the economic ups and downs etc,etc, etc. But what do I know, nothing......

[@stevebarnett-f5o]

I am getting an Enfield 350 Meteor, I am 69, full no claims, Enfield is 175 to insure, a 125 Yamaha Rayzr scooter is 540!! World has gone mad.

[@stevebayross7248]

Ive been biking since 1983 and probably abit like you seen the ups and downs... It is painfully obvious there is very little "new blood" coming into biking. Fashion, economy, the internet, theres many reasons ... Is it a shame? YES... Does it affect me? NO... The tide is going out on biking and its not going to come back....

[@BrianLesliePerry]

I've been Biking since 1962, still have a bike, still ride...I'm holding up my end of the log...

[@J.H-r2s]

Great vlog again Stewart . Keep going ❤

[@AP-cp1zt]

For bikes, I dont mind pcp. It's so cheap usually, and you get to try out various bikes. Personally, I don't care about owning a motorcycle. These things come and go for me. Best look for ex demos as you can get a low rate pcp same as for a new bike but for much cheaper retail price

[@stuartfillingham]

just be careful that the dealer doesnt hold his hand oit and demand a big wad of cash when you return the bike. the current market is ripe for that to happen.

[@AP-cp1zt]

@stuartfillingham I've never had issues returning it. As long as the mileage is within the agreed figure, the bike is undamaged, and all the service papers are there, then all good

[@stuartfillingham]

You have never had an issue until there is an issue.

[@chrisarmes5293]

I have just ordered a new Himalayan 450 ,i was not alone people are queueing to do the same 😊

[@RobertP-s9l]

Bikes have gone way over the top with non essential high tech gadgetry that most of us will never use but results in increase costs that pushes a new bike out of most our price range. Royal Enfield are reaping the rewards of keeping the tech at a level that keeps the punters happy without the stupid costs that other manufacturers apply with every new TFT fitted. I believe what's happening at the moment is a balancing of the market where potential buyers are looking in a more affordable direction and manufacturers are having a reality check. You just have to look at what Honda is doing with pricing the new CB's.

[@BIGBOZ1980]

Im waiting for the pre reg unsold 24 plates to be worth even less than todays prices after the 25 and possibly 75 plates arrive.

[@nikoscosmos]

Why?

[@BIGBOZ1980]

Simple supply and demand. If the dealers are sitting on pre reg stock with one owner (them) on the log book, at the same time trying to sell new stock. The pre reg unsold stuff will be sitting and causing a financial burden which will make these older "new" bikes are at huge discount. Pre reg £7k bikes are already advertised at £5k and we haven't even got to march yet when the new plate arrives, these will be near half price if they haven't sold by the time 25 plate comes along in September. Knock on effect will be used bike prices will take a hit, again no one will pay top dollar for a lightly used one owner 2 year old bike when you can have a zero miles pre reg bike at huge discount.

[@martinowl]

Used to see similar in the late 70’s with companies like Motorcycle City, selling the previous year model at large discount prices.

[@nikoscosmos]

@BIGBOZ1980 trouble is, there is diminished demand due to demographics, lack of disposable income, etc. There's also a tidal wave of new models from the far East arriving. What baffles me are the people continuing to buy £20k+ "Adventure " bikes most of whom are too short to put there feet down.

[@BIGBOZ1980]

​@@nikoscosmosagree, the adv issue is one I'm part of although I'm 6'2 so I can flat foot anything. I'm older now and wanting to get back on 2 wheels and adv suits me perfectly. Looked at a few Chinese bikes, benelli, voge, cfmoto, they are spot on an incredible value out the showroom

[@mrmoon1482]

Dealerships are closing but more and more people are selling out of storage units, new and very low mileage bikes,

[@microadventures8671]

Nice video. I would also caution any credit agreements. If you have the funds to pay in full, do so. Even if offered interest free credit, I wouldn't do it. Miss one or two payments and they can take te bike from you. Why take that risk if you can pay in full?

[@benditsaw7237]

Your accent is pleasing, I'm guessing Brid to Beverley area?

[@umvhu]

For decades democracy has only worked for big business, but the crew in power now have indirectly attacked big business and configured the environment so that our decent has hardly started. This lot must be evicted and a bunch who will keep their word established, and the the environment reconfigured to stop to rot ...... it's going to be a long process. Bike dealers who provide services like repair and maintenance will be the ones that scrape through.

[@colinmartin2921]

You will own nothing and you will be happy.....Allegedly.

[@sergemoreillon1236]

Thank you for the nice Himalayan 😉

[@Richard-pe4cx]

the only new bikes that have my interest is voge value for the money and spec , i do wonder if this economy is near the bottom

[@gary1477]

I passed through Hull twice in 1984. I was visiting the UK with my German GF. We took the car ferry to and from Rotterdam.

[@burmabaines]

I’ve just bought a Honda Rebel 500 SE version with just 290 miles on the clock for £4900 delivered to my door. I thought that was a bargain.

[@randomguy9893]

Just picked up a new 450 Himalayan Kemet white tubeless pre reg for £5495 just had to tax it and I got the full 3 years warranty and breakdown. Don’t think the new emissions regs euro 5.5 is helping dealers as they had to register a lot of bikes before the end of the year. Yes I was happy for nearly a 1k off and free delivery. As you say grab a bargain while you can.

[@0scartheCat]

Can we expect a Honda GB350s review? it would be interesting to know your thoughts.

[@motormikeb1047]

When I stop smiling every time, I take out my 650 Interceptor... I'll get a new machine... could take.... a few years,,, 😎

[@martineres5940]

V České Republice se v roce 2024 prodalo nejvíce kol za posledních 20 let.

[@SquidwardhatesEVs]

Bloody Net Zero, it's destroying both car and motorcycle industry.

[@khilanshah300]

Agree with this video apart from the pcp. If you think the GFV is too high then pcp is the best, as you hand the bike back and let the finance company take the hit instead of you.

[@stuartfillingham]

well that will depend on the small print. it can in some cases be the client that takes the hit. my view personally is that if i cant afford to buy the bike i dont get it.

[@khilanshah300]

@ I buy all my toys on pcp. Usually invest the money into assets that earn more than the interest I’m paying on the pcp. The best one was a car where the GFV was £8k more than the PX value. If I’d purchased that car in cash I would have lost the £8k, instead I handed it back and got a new car. Your videos are really good - keep it up 😀

[@martinowl]

I have to laugh at people who look at selling a bike back to a dealer over the winter, and complain about the low price they are offered. Unless it’s a rare in demand machine that will fly out of the showroom, they don’t want to sat on excessive stock until spring arrives.

[@markjacobs3956]

So, are they still banning ICE vehicles and motorcycles in the UK by 35? If so, you've got 10 years of fun left.

[@Richard-r1x7d]

Don’t forget the Russian bikes in De Grey street

[@stuartfillingham]

Neval!

[@Richard-r1x7d]

@ Yes spot on!!

[@nikoscosmos]

KTM anybody?

[@willyrackham2957]

No thanks

[@brokenbritain9441]

🤣🤣🤣🤣