The Rising Demand for Motorcycles: What’s Driving the Growth?

In the last few years, there has been a significant increase in the demand for motorcycles. New and used motorcycles have seen a substantial increase in sales, and they have continued to increase despite the struggles in other markets. What is causing this? There is no one reason why the growth is increasing. Instead, there are a number of reasons why more people are choosing motorcycles over other vehicles, including the following. 

Lower Prices Than Other Cars

One of the reasons the demand for motorcycles is increasing is because they are less expensive to purchase new or used. A new motorcycle can still be expensive, but a used one is much less expensive, especially compared to purchasing a new or used vehicle. With many people watching how much they spend each month or wanting to avoid monthly payments because of the current economy, they may instead opt for a motorcycle to minimize how much they need to pay for a vehicle to get around. While they might not have as much trunk space for their belongings, it’ll still help them get anywhere they need to go. 

Costs to Maintain are Lower

It is expensive to maintain a vehicle, but motorcycles don’t cost as much for parts. When something does break down, it’s likely much easier to fix the motorcycle than it would be to fix a car. Plus, motorcycles just don’t have as many parts. As long as they are well maintained, they won’t be as likely to break down. Many of those who ride motorcycles will learn a little about how to fix their own bike, as it can be easier than a car, which can help them save even more on maintenance. 

Higher Gas Prices and Fuel Efficiency

Though gas prices fluctuate, they do increase over time. They aren’t going to go down significantly anytime soon, and the cost to fill up a vehicle can be higher than what many people want to pay. A motorcycle, however, is far more fuel-efficient compared to modern cars. The average miles per gallon for vehicles was around 26 in 2022. For motorcycles, though, the miles per gallon can be anywhere from 54 and up. Some motorcycles will get more than 100 miles per gallon, so driving the same distances to everyday activities, a motorcycle is going to cost far less. 

Easier to Navigate Through Traffic

Traffic has also increased in recent years. More people are on the road than ever before and many cities are experiencing rapid growth that leads to traffic jams when the roads can’t keep up with the people moving into the area. A motorcycle, however, is easier to navigate around the traffic and to get through spots that are harder to get through with a car. Driving a motorcycle can shorten a commute or help to make it home faster compared to a car, though it is still important to learn about motorcycle safety before riding a motorcycle around the city. 

An Appealing Lifestyle

For many people, the thought of owning a motorcycle is appealing. It’s the cool breeze as they drive away to anywhere, the ability to hop on and go whenever they’d like, or the ability to travel from city to city with just a change of clothes or two. A motorcycle provides the appeal of a more relaxed lifestyle, the ability to enjoy their drive everywhere they go, and more. The lifestyle appeal is what’s getting many people to make the choice to buy a new or used motorcycle and try it out for themselves. 

Ability to Go Anywhere

A part of the appeal of many motorcycles is that they can be used to ride anywhere. Depending on the motorcycle purchased, it’s possible to drive around town, drive across the country, or take the back roads and see the sights. This freedom can be appealing to many people, who might want the ability to just get on their bike and go whenever they need a break or want to get away from work for a while. Those who do decide to purchase a motorcycle for the freedom it offers will want to make sure they purchase the right one for their needs. 

A Shared Community

Motorcycle clubs are popping up, and they can do a lot of good as well as provide a sense of community. There are different groups that offer assistance to their community, such as bikers who help protect child abuse survivors. Other clubs may raise money to help sick kids, give out toys to kids who might not otherwise get them during the holidays, or provide other help to those who live around them. This sense of community can be attractive to those who want to do more and give back to the community they’ve lived in for many years. 

Advances in Motorcycle Technology

Another reason many are purchasing motorcycles today is because of the latest technology. Motorcycles are easier to navigate, include a variety of features designed to help make riding safer, and can be far more comfortable compared to older styles. Even those that are just a few years old have a lot more in their design compared to older bikes, and they can offer beginners an easier start when learning how to ride. The different features available will depend on the bike itself, so it’s important to look at the options carefully for those who are interested in taking advantage of technological advances in motorcycles. 

These are just a few of the reasons why more and more people are interested in owning a motorcycle. For those who are looking to upgrade or sell off their older motorcycle, this can be great news. The value of older motorcycles may be higher, so they can get more money when they sell and they’ll be able to find a buyer faster. Check out local sales today to find the perfect motorcycle to buy or to get more information on how to sell yours if it’s time to upgrade.