Leading vehicle auction company, British Car Auctions (BCA) has reported strong demand and high values at its latest bike sale, held at its Peterborough auction centre on 22nd March, suggesting a resurgence in confidence in this specialist sector. The largest bike auction held by BCA so far this year, the sale of more than 170 bikes generated a turnover in excess of half a million pounds.
A fantastic line up of desirable machines attracted interest from over 200 buyers, coming from all corners of the UK, as well as Europe. More than 150 buyers also logged in to bid via BCA's Live Online service for the retail trade. And the mouth watering selection of makes, models and ages were quickly snapped up by professional buyers.
Top sellers included five Harley Davidsons, each of which achieved values in excess of their estimates. An Aprilia RSV4 also generated considerable interest, going for just over £9,000 and several BMW's attracted strong bidding.
James Rowberry of BCA Peterborough commented "Anecdotally motorbike trade sources are suggesting that there is shortage of supply of good quality retail 'bikes reaching the used sector. Judging from the turnout for this monthly sale and the very strong bidding throughout the event, dealers are keen to restock their showrooms for the spring and summer seasons."
He added, "To sell over 170 machines in under three hours for more than £500,000 suggests the two-wheel market is alive and kicking and ready for the better weather – whenever it arrives."
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