Fargo, WI - Motorcycles For Sale - Cycle Trader (2024)

FAQs

What is the best day of the year to buy a motorcycle? ›

The best time of the year to buy a motorcycle is during winter. When the sun is gone and the temperature is below freezing, motorcycles aren't exactly top of mind. This means less traffic for motorcycle sellers and a greater potential for lower prices.

However, starting from the top, the leader, as in the last 50 years is Honda. Not a surprise, of course. It is almost well known that the Japanese manufacturer dominates the industry with around one third of the industry in its hands.

Motorcycle dealership business profit margins

Generally speaking, motorcycle dealership business makes a profit margin of around 90%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business.

Whether you're purchasing a motorcycle from a dealer or buying a motorcycle online, decreased demand in the winter months often equates to more discount opportunities. Here are some reasons why motorcycle sellers may offer a better-priced bike from late November through February.

High mileage for a motorcycle is between 20,000 to 50,000 miles. Smaller motorcycles like sports bikes are considered to be high mileage at between 20,000 to 30,000 miles. Larger models like cruisers and touring bikes are deemed high mileage at around 50,000 miles.

Determining the single most popular motorcycle of all time is a bit tricky, as popularity can be measured in different ways: Sales: In terms of pure sales numbers, the clear winner is the Honda SuperCub. With over 100 million units sold since its 1958 debut, it's the best-selling motorcycle ever made.

California records the highest sales

On-road motorcycles represented around 86 percent of sales value that year. The cruiser was the leading on-road motorcycle type in the country, which recorded about 3.4 million motorcycles of this type in circulation at the beginning of 2023.

Honda Super Cub: The Super Cub holds the title of the best-selling motorcycle of all time, as a small-displacement motorcycle with fuel efficiency and ease of use. Kawasaki Ninja: The Ninja series is a top-selling line of sport bikes, captivating riders with track-inspired technology and aggressive styling.

Red flags when buying a used motorcycle

Notable scratches and rust. Altered vehicle identification number. Wear and tear to the chain and sprockets. When was the last time the bike was driven?

What is the easiest type of motorcycle to learn on? ›

Cruisers. A cruiser is a motorcycle with a low seat height, thick tires, and a V-twin engine. Overall, the cruiser is a great choice for beginners because they're stylish, comfortable, and has a relaxed power output to handle better at low speeds.

It's not so much a matter of how “big” the motorcycle is, rather than how powerful of a bike you can handle, paired with your physical size. If you're a beginner, a smaller, lighter motorcycle in the 250cc to 300cc range is ideal to help you learn and build confidence due to its ease of handling.

As of December 2023, Wisconsin-based Harley-Davidson reached a market share of around 27.1 percent of the motorcycle market in the United States. Harley-Davidson is the number one motorcycle manufacturer in the United States.

Today, we find average profitable dealerships netting around 2 to 5 percent overall. The target benchmark is 7 percent. If you are attaining a net profit of 7 percent or more in today's economy, bless your heart! You really have your act together — pat yourself on the back.

According to the report published by Zion Market Research, global demand for The global motorcycles market size was valued at USD 104.1 billion in 2021 and is estimated to rise at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2028.

Buying a motorcycle in the winter is a good idea if you're looking for a new bike or a used one. The first few months of the year can hit some people hard. Bills from the holidays and heating costs combine and make it a struggle for some and they may be looking to sell a bike to make ends meet.

While some bikes might start showing their age around 20,000 miles, meticulously maintained machines can easily clock in 50,000 or even 90,000 miles before major issues arise. Think of it as a marathon, not a sprint: a well-cared-for bike can go the distance. A motorcycle's past whispers volumes about its future.

Many people choose to use a motorcycle for daily transportation because it can be a great way to save money. On average, motorcycles are cheaper to purchase and cheaper to maintain than a car. They also are much better on fuel, which can result in major savings at the gas pump.