The great dirtbike price reset- currently ongoing?

user760a
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Shelby, NC US

... or just the great Kawasaki dirtbike price reset?

For vital members who pay no attention to the dirtbike market, new and used, I will mention that Kawasaki is now going on what must be month 7 of $2500 off leftover KX250 and KX450 models. I know of quite a few people who have purchased 2023 Kawasakis since last fall at what were previously considered "used bike" prices.

Yet the overstock apparently persists. The last ad for the discount mentioned that it had been extended through June 2024.

What has this done to used KX prices? pretty much killed them. I am seeing used 21 models for 1998 KX250 project bike prices.It happens. However, I have now started to notice deeply discounted 2024 Kawasaki prices as well. 2024 KX450s under 8 grand , and these are not bait and switch ads, where junk fees make up the difference. They are deeply discounted current models.

I also see non current Hondas and even some Austrian bikes deeply discounted.

Yamahas must be selling well, as evidenced by 10 million of them at every race I attend and also the fact that they are not needing to do a fire sale on leftovers every year. 

It is really nice to get a great deal on a bike! love it

But as an indicator of market strength and overall health, this is a dire sign...I would say. Maybe Suzuki is doing the smart thing here....

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soggy
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5/10/2024 7:17am

The market is slowing down big time. Gear and bikes aren’t selling like during the Covid boom. 

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3
joshd
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5/10/2024 7:21am

I also think I heard JT say they weren’t doing a 24 mesh line. They have so much left over 23 and will try again in 25. I was half way listening so I could be wrong but I swear I heard that. 

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38special
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5/10/2024 7:21am

Haven't you heard?  THE FUTURE of moto includes $13,900 e-bikes and a $90,000 e-truck to tow and charge it. 

Some say, anyway.  Whistling

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soggy
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5/10/2024 7:27am
joshd wrote:
I also think I heard JT say they weren’t doing a 24 mesh line. They have so much left over 23 and will try again in...

I also think I heard JT say they weren’t doing a 24 mesh line. They have so much left over 23 and will try again in 25. I was half way listening so I could be wrong but I swear I heard that. 

That’s how I understood it as well. 

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The Shop

mx317
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TN US
5/10/2024 7:27am

A friend of mine just sold a very clean 2019 KX450F for $4800. He started at $5900 about 3 months ago and kept going down to finally sell it. A year ago it would have brought $5500-6000 easy in less than a week. I'm sort of glad to see people not getting pounded on prices from both dealers and individuals. 

3
Alarmist101
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Cortez, CO US
5/10/2024 7:28am

My local GasGas dealer is running bikes between $1250-$2500 off MSRP along with 0.99% financing. 

3
dsoll703
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5/10/2024 7:39am

I was one of the guys that bought a leftover 23 kx250. 
 

The resell on used KXs are very low too. Marketplace is full of low hour KXs for cheap.

I think internet rumors of bad reliability hurts them a good bit. I loved mine.

4
mx 219
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5/10/2024 7:42am

What's the out the door price?

If you are "saving" $2,500 and then have setup/fees for $1,500-2,500 then you aren't really saving anything.

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9
5/10/2024 7:46am Edited Date/Time 5/10/2024 7:50am
user760a wrote:
... or just the great Kawasaki dirtbike price reset? For vital members who pay no attention to the dirtbike market, new and used, I will mention...

... or just the great Kawasaki dirtbike price reset?

For vital members who pay no attention to the dirtbike market, new and used, I will mention that Kawasaki is now going on what must be month 7 of $2500 off leftover KX250 and KX450 models. I know of quite a few people who have purchased 2023 Kawasakis since last fall at what were previously considered "used bike" prices.

Yet the overstock apparently persists. The last ad for the discount mentioned that it had been extended through June 2024.

What has this done to used KX prices? pretty much killed them. I am seeing used 21 models for 1998 KX250 project bike prices.It happens. However, I have now started to notice deeply discounted 2024 Kawasaki prices as well. 2024 KX450s under 8 grand , and these are not bait and switch ads, where junk fees make up the difference. They are deeply discounted current models.

I also see non current Hondas and even some Austrian bikes deeply discounted.

Yamahas must be selling well, as evidenced by 10 million of them at every race I attend and also the fact that they are not needing to do a fire sale on leftovers every year. 

It is really nice to get a great deal on a bike! love it

But as an indicator of market strength and overall health, this is a dire sign...I would say. Maybe Suzuki is doing the smart thing here....

If the dealers are discounting non-current Hondas, then they are just eating the loss since Honda isn’t offering any rebates at the moment, even on 2023 bikes.  The Austrian brands and Kawasaki have been offering huge rebates this year.  As for Yamaha, since they dramatically reduced production during the onset of COVID, they haven’t been able to increase production since.  It is simply a matter of supply and demand.  If they aren’t able to produce enough to meet the demand, there is no need to discount.

If you think the dirt bike market is depressed at the moment, go try to sell a boat or RV. 

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1
5/10/2024 7:54am

Bikes just aren't selling. Although with what you said about Yamaha, their financing is probably the easiest to get as they seem to finance almost anyone. Suzuki financing isn't easy to get and I have heard the same about Kawasaki and Honda. I'd say that plays a big role in those bike sales. Kawi also doesn't exactly have the best reputation online as far as quality goes. 

1
Luxon MX
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San Diego, CA US
Fantasy
5/10/2024 7:56am

KTM/Husky/GasGas, Kawasaki, and Honda are all new generations of bike in 2025 (minus the KX450). That's one reason for all the deals on new bikes as they're the last of the old gen.

Aside from that, the used market is pretty tough. It took a while to sell our 2017 350 and i was super clean with many new parts.

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1
5/10/2024 7:56am
user760a wrote:
... or just the great Kawasaki dirtbike price reset? For vital members who pay no attention to the dirtbike market, new and used, I will mention...

... or just the great Kawasaki dirtbike price reset?

For vital members who pay no attention to the dirtbike market, new and used, I will mention that Kawasaki is now going on what must be month 7 of $2500 off leftover KX250 and KX450 models. I know of quite a few people who have purchased 2023 Kawasakis since last fall at what were previously considered "used bike" prices.

Yet the overstock apparently persists. The last ad for the discount mentioned that it had been extended through June 2024.

What has this done to used KX prices? pretty much killed them. I am seeing used 21 models for 1998 KX250 project bike prices.It happens. However, I have now started to notice deeply discounted 2024 Kawasaki prices as well. 2024 KX450s under 8 grand , and these are not bait and switch ads, where junk fees make up the difference. They are deeply discounted current models.

I also see non current Hondas and even some Austrian bikes deeply discounted.

Yamahas must be selling well, as evidenced by 10 million of them at every race I attend and also the fact that they are not needing to do a fire sale on leftovers every year. 

It is really nice to get a great deal on a bike! love it

But as an indicator of market strength and overall health, this is a dire sign...I would say. Maybe Suzuki is doing the smart thing here....

If the dealers are discounting non-current Hondas, then they are just eating the loss since Honda isn’t offering any rebates at the moment, even on 2023...

If the dealers are discounting non-current Hondas, then they are just eating the loss since Honda isn’t offering any rebates at the moment, even on 2023 bikes.  The Austrian brands and Kawasaki have been offering huge rebates this year.  As for Yamaha, since they dramatically reduced production during the onset of COVID, they haven’t been able to increase production since.  It is simply a matter of supply and demand.  If they aren’t able to produce enough to meet the demand, there is no need to discount.

If you think the dirt bike market is depressed at the moment, go try to sell a boat or RV. 

But somehow the used RV market still has inflated prices (In Canada anyway) Doesn't appear that many are selling but everyone still asking for the world 

6
byke
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Auburn, CA US
5/10/2024 7:59am
mx317 wrote:
A friend of mine just sold a very clean 2019 KX450F for $4800. He started at $5900 about 3 months ago and kept going down to...

A friend of mine just sold a very clean 2019 KX450F for $4800. He started at $5900 about 3 months ago and kept going down to finally sell it. A year ago it would have brought $5500-6000 easy in less than a week. I'm sort of glad to see people not getting pounded on prices from both dealers and individuals. 

Kawi's are a little different after having their blowout on leftover '23 models. I think they were as low as $5,999 before blah blah blah. And of course that impacted the used market. He did well at $4,800. 

1
AssangeMX
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5/10/2024 8:06am

When a bigmac meal is close to $15, people don't have anything left to buy dirtbikes

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1
sandman768
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Saratoga Springs, NY US
5/10/2024 8:07am

Market correction taking place….seeing nice Cr500”s & KX500”s starting at 6-7k not 10k anymore, unless its very original low hr bike…some really good deals on 1-3 year old modern bikes with low hrs….

3
mx317
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5/10/2024 8:11am
byke wrote:
Kawi's are a little different after having their blowout on leftover '23 models. I think they were as low as $5,999 before blah blah blah. And...

Kawi's are a little different after having their blowout on leftover '23 models. I think they were as low as $5,999 before blah blah blah. And of course that impacted the used market. He did well at $4,800. 

I think he did ok also. I kept telling him if someone makes any reasonable offer, you better grab it.

1
yz133rider
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5/10/2024 8:16am Edited Date/Time 5/10/2024 8:18am


Retail has crept too high on all of them.

 

The Gasgas entire claim to fame was 95% of the Ktm goodies at a discount.

 

2021 Gasgas was 9399 vs 10199 for the Ktm 450. Basically an 8% discount for the Gasgas from the Ktm.

 

2024 prices are 10399 for the Gasgas and 11099 for the Ktm. Closer to only a 6% difference to the Gasgas and now the Gasgas comes with some inferior braketec products to further cut corners.

 

and in what world do prices rise 1k in 3 years? Over a 10% gain in 3 years, sheesh.

 

kawis gained the same amount also. 9399 to 10399 from 21 to 24 prices. Disgusting.
 

 

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1
5/10/2024 8:21am

I keep having to break the gear reps hearts when they come in wanting to do a $5,000 stock order as they look at the wall and see gear that never sold to begin with. Correct above on Yamaha and production. Can't sell what you can't get. we've been waiting on a 250 2T for months and just got a 24 250 here where I work. I told my son about the Kawi deal and it is really hard not to turn on the Blue for the price. I about shit when I saw what I could get a Kawi 250 F for as a dealer employee. Debate ongoing, I bleed Blue, tough call but maybe Junior isn't as brand loyal lol. JT did say that and my rep backed it up on gear.

3
MXer391
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5/10/2024 8:31am

I think it's a combination of a lot of points you guys brought up. One thing about Kawasaki, and this is just my opinion, is that they have gone to a five year production cycle on the 450. I think this reduces R&D and production costs in the long run and maybe allowed them to adjust their profit margins. Yamaha did the same, with a mid gen update, but they seemed to have cut back on the number of units produced so they're banking on demand to make up the difference. Again, just speculating. 

 

But. It's a good time to buy a Kawasaki. Look at it this way. It's a a lot easier to sell a used bike for $4k that you spent $8k on new than it is to sell one for $7k when you spent $11k new.

7
3strokemx
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5/10/2024 8:40am

The Economics of Supercross brought to you by Kawasaki.

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Falcon
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5/10/2024 8:43am

Don't forget that each brand has its own supply/demand considerations. It was mentioned above that Yamaha has 10 billion bikes at the track each time the poster goes to the track; well, there's your demand. If Yamaha built the right number of bikes, their supply is in check. It may be that Kawasaki built enough bikes to satisfy a Yamaha demand, but instead has... well, Kawasakis. They may have too many of them.

Here's what has been happening in the larger-scale motorcycle world: prices and volume are returning to pre-pandemic levels. If you drew a straight line from 2016 to projected 2025, you'd see that it's a very modest growth, consistent with a healthy market. Dirt bikes fall into that lineup neatly. The pandemic years look like a heartbeat on an ECG monitor - a big up, then a big down, then back to the flatline. Some brands overbuilt for the up and had/have an excess for the slump, which is still being absorbed by the market. Hence the rebates.

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3strokemx
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5/10/2024 8:45am
dsoll703 wrote:
I was one of the guys that bought a leftover 23 kx250.    The resell on used KXs are very low too. Marketplace is full of...

I was one of the guys that bought a leftover 23 kx250. 
 

The resell on used KXs are very low too. Marketplace is full of low hour KXs for cheap.

I think internet rumors of bad reliability hurts them a good bit. I loved mine.

I had a new '21 KX450 and it was not reliable, seems like it wasn't just me as parts that failed were also on back order.

1
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KurtJ99
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5/10/2024 8:46am

That's what happens when you give the general population free time and money. 

Miscalculation on supply chain with COVID, and then expediting and permanent inflation. MSM doesn't seem to comprehend that even if inflation goes to 0 it doesn't reverse the previous inflation and price hikes. 

In reality nothing was free, it was only borrowed with high interest. 

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Magoofan
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5/10/2024 8:59am Edited Date/Time 5/10/2024 8:59am

All that "free money" house of cards was going to crumble eventually.

 

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yz133rider
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5/10/2024 9:01am Edited Date/Time 5/10/2024 9:02am

I do wish Suzuki would embrace it with their rmzs and Yamaha with their 2 strokes with zero spent on r&d and offer them at 5500 and 6500 respectively. No gimmicks no bs, no pretending to be something they aren’t.

 

just be solid simple quality affordable usable bikes.

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byke
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5/10/2024 9:01am Edited Date/Time 5/10/2024 9:02am

KurtJ99 wrote:

That's what happens when you give the general population free time and money. 

Miscalculation on supply chain with COVID, and then expediting and permanent inflation. MSM doesn't seem to comprehend that even if inflation goes to 0 it doesn't reverse the previous inflation and price hikes. 

In reality nothing was free, it was only borrowed with high interest.

That makes no sense. People get a few grand and prices are wrecked for years? It's a chain reaction of corps getting away with raising prices while being able to scapegoat someone else and nobody's willing to show them otherwise by stopping their spending, so of course they keep at it. There's literally no reason for them to stop. They get to charge more, blame someone else, and we keep giving them money. Win-win-win. That makes a lot more send than pretending that a few grand somehow turned us all into millionaires. 

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Shakybonez15
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5/10/2024 9:16am
byke wrote:
[quote]KurtJ99 wrote: That's what happens when you give the general population free time and money.  Miscalculation on supply chain with COVID, and then expediting and...

KurtJ99 wrote:

That's what happens when you give the general population free time and money. 

Miscalculation on supply chain with COVID, and then expediting and permanent inflation. MSM doesn't seem to comprehend that even if inflation goes to 0 it doesn't reverse the previous inflation and price hikes. 

In reality nothing was free, it was only borrowed with high interest.

That makes no sense. People get a few grand and prices are wrecked for years? It's a chain reaction of corps getting away with raising prices while being able to scapegoat someone else and nobody's willing to show them otherwise by stopping their spending, so of course they keep at it. There's literally no reason for them to stop. They get to charge more, blame someone else, and we keep giving them money. Win-win-win. That makes a lot more send than pretending that a few grand somehow turned us all into millionaires. 

Bingo, That's how i feel.

So 1200$ to 1600$ stimulus like twice.. does not turn everybody into millionaires and wreck the economy.

I honest to god think alot of companies are just lying and justifying it through there teeth. (Outside of Moto)

8
3
avidchimp
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5/10/2024 9:22am
byke wrote:
[quote]KurtJ99 wrote: That's what happens when you give the general population free time and money.  Miscalculation on supply chain with COVID, and then expediting and...

KurtJ99 wrote:

That's what happens when you give the general population free time and money. 

Miscalculation on supply chain with COVID, and then expediting and permanent inflation. MSM doesn't seem to comprehend that even if inflation goes to 0 it doesn't reverse the previous inflation and price hikes. 

In reality nothing was free, it was only borrowed with high interest.

That makes no sense. People get a few grand and prices are wrecked for years? It's a chain reaction of corps getting away with raising prices while being able to scapegoat someone else and nobody's willing to show them otherwise by stopping their spending, so of course they keep at it. There's literally no reason for them to stop. They get to charge more, blame someone else, and we keep giving them money. Win-win-win. That makes a lot more send than pretending that a few grand somehow turned us all into millionaires. 

Truth. 

3
2
yz133rider
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5/10/2024 9:24am
Bingo, That's how i feel. So 1200$ to 1600$ stimulus like twice.. does not turn everybody into millionaires and wreck the economy. I honest to god...

Bingo, That's how i feel.

So 1200$ to 1600$ stimulus like twice.. does not turn everybody into millionaires and wreck the economy.

I honest to god think alot of companies are just lying and justifying it through there teeth. (Outside of Moto)

You’re forgetting about the non essential workers, the unemployed, the businesses that closed. The government was doling out megabucks to all these folks. People on unemployment were making serious money during those times. All kinds of hardship aids, all sorts of forgiveness, that all came from the feds.

5
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dang472
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Kingston, IL US
Fantasy
5/10/2024 9:27am

I don’t know why this is complicated. Recent data is showing raw material costs have risen almost 25% since 2020 and every other industry that exists to create a motorcycle from a block of aluminum and steel has increased costs. Even a 5-10% increase in tires/trucking/wages at dealerships/fuel/etc will increase a retail price by at least $500. Add the increase of the Prime lending rate and money is more expensive to obtain for all companies. It’s actually pretty crazy Kawasaki can throw millions at developing their new 450 and then rapidly discount it. It’s definitely not a good sign for the powersports industry.

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