The depreciation of a motorcycle after purchase can vary depending on various factors, such as the brand, model, condition, mileage, market demand, and overall market conditions. However, it is generally expected that motorcycles experience a significant depreciation in their initial years of ownership, similar to other vehicles.
On average, a new motorcycle can lose around 15-20% of its value as soon as it is ridden off the dealership lot. Within the first year, the depreciation can range from 20-30% or more, depending on the specific circumstances. After the first year, the rate of depreciation tends to slow down, but motorcycles typically continue to lose value over time.
While it's challenging to provide an exact depreciation percentage for motorcycles beyond the first year, a common estimate is that motorcycles lose around 10% of their value each year after the initial depreciation. However, it's important to note that this is a general guideline and can vary depending on the factors mentioned earlier.
It's worth mentioning that certain motorcycle models, especially those with a strong reputation for reliability, popularity, or collectability, may experience slower depreciation rates compared to others. Additionally, modifications or customizations made to a motorcycle may also affect its resale value.
If you are looking to estimate the depreciation of a specific motorcycle model, it can be helpful to research the resale values of similar used motorcycles in your area or consult resources such as industry guides, online marketplaces, and dealer listings to get a better understanding of how the value changes over time.