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Mike Murray is three for three. In May he said April was the top. In July he said August would be the bottom. The September numbers are in and the slide has stopped. Most segments came in flat or up against the summer.
What we cover:
Watch on YouTube: https://youtube.com/@dealershipfixit
NPA Market Report: https://www.npauctions.com/cp/npa-market-report
Reach Mike Murray: [email protected]
Sponsor: https://ziidms.com/fixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Here is what mattered in powersports this week, and what each story means for your store.
A lot of riders are in motion right now. Honda is recalling almost 44,000 Rebels, and the Rebel is a first bike for a nervous new rider who will call the closest dealer the minute the letter lands.
A Harley store that opened in 1986 closed its doors, and every one of its customers still rides and still needs a home.
RideNow, the biggest dealer group in the country, just bet that honest up-front pricing closes more deals than hidden fees ever did.
The thread this week is simple. The store that shows up first, treats people right, and tells them the real number wins the customer.
Plus a 310 horsepower jet ski to stand up front all winter, a $7,499 triple from CFMoto, Segway at the Baja 1000, and Billy Joel selling 70 motorcycles.
This week's rundown:
Watch on YouTube: https://youtube.com/@dealershipfixit
Sponsor: https://ziidms.com/fixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Here is what mattered in powersports this week, and what each story means for your store.
Suzuki cut the price on six 2027 motorcycles. That does not happen often. The DR-Z4S dropped a full thousand dollars to $7,999, and Suzuki said out loud that dealer feedback is why. A factory cutting price is a gift and a warning at the same time. It hands you a better number for this weekend's ad. It also tells you the front end is getting squeezed, so the money has to come from somewhere else.
That is the thread running through the whole week. The big groups just won awards for cheaper floor plan money and bigger F&I numbers. A lender rebuilt its portal because slow funding and fraud were killing deals. Indian cut the Scout from 15 versions to six so dealers can actually stock it. You are not going to win on the sticker. Here is where the money is.
This week's rundown:
Watch on YouTube: https://youtube.com/@dealershipfixit
Sponsor: https://ziidms.com/fixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Jon Vestal messaged me on LinkedIn back in April. He said if I ever wanted a lender's point of view on where powersports lending is headed, he would have that conversation. Here it is.
Jon is the EVP and General Manager of Recreational Lending at Octane. If you do not know Octane, you know Roadrunner Financial. That is their in-house lender, and it went from $2.5 million in loans its first year to almost $10 million a day this spring.
Octane is the company behind the financing programs for Suzuki, Kawasaki, Indian, CFMoto, Honda's non-prime, and the brand new BRP Financial Services. When you send a credit app on a lot of the units on your floor, there is a good chance it lands with Jon's team.
Octane sells its loans to investors, so Jon could not share the portfolio numbers. He said so and I asked anyway. What he could share is how a deal gets a yes, how it gets bounced, and what the lender wishes every dealer understood. That turned out to be the better conversation.
What we cover:
Watch on YouTube: https://youtube.com/@dealershipfixit
Connect with Jon Vestal: https://www.linkedin.com/in/jonvestal/
Octane: https://octane.co
Roadrunner Financial: https://roadrunnerfinancial.com
Sponsor: https://ziidms.com/fixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Here is what mattered in powersports this week, and what each story means for your store.
Two kinds of stories this week. Brands under pressure: Triumph's first dirt bike gets recalled, MV Agusta admits it is hunting for cash, and KTM's newest bike is only as good as the allocation. And two dealers who just proved you can last. Kegel Harley-Davidson is the official oldest Harley dealer in the world at 114 years. Naults in New England is at 118 and started out selling Schwinn bicycles.
The line between the two is simple. The ones that last have more than one leg to stand on. Polaris is building sleds for the military. CFMoto is buying into an NFL stadium. Turn 14 is bringing show-only parts pricing right before the fourth quarter. The lesson for a dealer is the same one every time. New units are not the only game.
This week's rundown:
Watch on YouTube: https://youtube.com/@dealershipfixit
Sponsor: https://ziidms.com/fixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Every dealer says the same thing when the season slows down. We have no traffic. Jason White has counted the traffic, by hand, to check his door counters. His answer: you have plenty. You are just not doing good with it.
Jason has run Fay Myers Motorcycle World in Colorado for 30 years. For the last ten he has also been a GM and now VP of Financial Services at Schomp Automotive Group, the car group famous for one price, one person, one hour. He sits on the board of A2Z Sync. He runs an F&I product agency. And he co-founded One Dealer Lane. Almost nobody has lived both worlds at the top like this.
What we cover:
Watch on YouTube: https://youtube.com/@dealershipfixit
Connect with Jason White: https://www.linkedin.com/in/jason-white-6608b81/
One Dealer Lane: https://onedealerlane.com
Sponsor: https://ziidms.com/fixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Here is what mattered in powersports this week, and what each story means for your store.
At BMW, the motorcycle side just out-earned the car side. The bikes made about 230 million euros in profit in the first half of the year. The car side saw profit fall 45%. And here is the part to chew on. Motorrad sold slightly fewer bikes and still made more money on each one. Less discounting. A richer mix. Tighter inventory. The same discipline we have heard from Harley and Polaris.
That theme runs through the whole week. The best used dealers are the ones who turn fast instead of holding out for every last dollar. And the dealers who keep saying yes to buyers are the ones with a deep lender bench, because credit scores on new loans are slipping.
This week's rundown:
Watch on YouTube: https://youtube.com/@dealershipfixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Sponsor: https://ziidms.com/fixit
Back in May, Mike Murray told us April was the top and the market would bottom out around August. The July numbers are in. He was right.
But there is a new wrinkle. About 6,500 units crossed the block in July. A year ago it was 5,000. That is 30% more bikes at the auction, the most for any July in three years. More supply plus the normal fall slide means a lot of red on the report. Domestic cruisers down 13%. Metric down 10%. PWC down 23%.
Here is the part most dealers will miss. The actual dollars are still at or above last year in most categories. The drop feels worse than it is because spring was so strong. And the lowest prices of the year are sitting right in front of you for the next 30 to 60 days.
Mike walks through where the extra bikes are coming from, why the clean ones still bring big money while the rough ones sit, and what to do with the units you took in too high this summer. He also gives away the pricing trick a dealer shared in a 20 group meeting last week. It works.
What we cover:
Watch on YouTube: https://youtube.com/@dealershipfixit
NPA Market Report: https://www.npauctions.com/cp/npa-market-report
Reach Mike Murray: [email protected]
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Sponsor: https://www.ziidms.com/fixit
Here is what matters in powersports this week, and what each story actually means for your store.
The Dealership fiXit Rundown cuts through the headlines and tells you how the week's news lands on your floor, in your service bay, and in your next conversation with a customer. No fluff, just the stories that matter and the angle a dealer can actually use.
This week's rundown:
Watch on YouTube: https://youtube.com/@dealershipfixit
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
Sponsor: https://www.ziidms.com/fixit
NADA Dealer Connect discount code: MOTOHUNT20
Most industry events are big trade shows where you get talked at all day and everyone is trying to sell you something. DealerConnect is the opposite. It is dealers sitting across from dealers, trading real numbers and real fixes, in a room built for it.
I have been to every DealerConnect since the beginning, and it has a different feel than the big shows. More intimate. More real. This year it runs September 19 to 21 at the Hilton in downtown Columbus, Ohio, presented by AppOne, and it is the biggest one yet.
I sat down with two people from the NPDA, the National Powersports Dealer Association. Tigra Tsujikawa is the Events Director who builds DealerConnect every year. Steve Gotoski just joined as Membership and Marketing Director after over a decade at the AMA. We get into what the event is, what you will learn, and the real reason a dealer should make the trip.
What we cover:
Use code MotoHunt20 for a discount on registration.
Service and accessory dealers, contact [email protected] or Tigra directly about a special registration built for you.
Watch on YouTube: https://youtube.com/@dealershipfixit
Register for DealerConnect 2026: https://www.npda.org
Connect with Tigra Tsujikawa: [email protected]
Connect with Steve Gotoski: [email protected]
Connect with Jacob: https://www.linkedin.com/in/jacob-b-berry/
Follow the Fixit Online: https://linktr.ee/dealershipfixit
MotoHunt for Dealers: https://dealers.motohunt.com
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