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Why February is the Best Time to Buy a Motorcycle

Are you thinking about buying a motorcycle in time for spring? February is the best month to buy a motorcycle! Regardless of whether you’re buying a new, used or repo bike, the signs point to making this purchase in February. And, we have to agree! At RepoFinder.com, we’re already seeing a great selection of motorcycles that were repossessed over the winter and are ready for a new owner. 

Below are the reasons why February is the best time to buy a new bike. 

February is a Short Month 

For starters, February is a short month at just 28 days. Motorcycle salesmen have quotas to reach, and they’re working with several less days compared to other months. This means they’re more motivated to cut a deal and sell you the bike you want. Not all sales commissions are structured in the same way, but it’s something to think about if you plan on buying from a dealership. 

It’s Not Good Riding Weather 

It’s still winter in February, and for many parts of the country, this means snow, ice and frigid temperatures. Definitely not the type of weather you want to be riding a motorcycle in! Because of this, motorcycle prices are often lower in the winter because people aren’t thinking about buying them. Previous-year models take some of the biggest price slashes as they don’t look as appealing during a short, cold month. 

Bikes are Defaulted on in the Winter

The winter months are tough on many people. It costs money to heat the home, pay for snow removal, purchase holiday gifts, attend holiday parties, etc. To top things off, some people work less in the winter (i.e., general contractors, roofers, landscapers). 

With money being tight and other expenses increasing, a motorcycle used for recreation is often one of the first things to go. The weather isn’t nice, so people aren’t taking their bikes out. By the time the bike is repoed and listed for sale on RepoFinder.com, it’s around February. 

Tax Returns are Coming 

The IRS gives employers until January 31st of each year to send out their W-2 forms so workers can file their tax returns. Once people have their returns, they can file their taxes and wait for their refund, which is often deposited straight into their bank account. With some extra cash on hand, some people are motivated to buy a new car or motorcycle. Spring is just around the corner and the extra cash makes it easier to cover a down payment or taxes and registration fees. 

Shop for Repo Bikes Today

At RepoFinder.com, it’s always a good time to buy a motorcycle! We have a great selection of previously owned vehicles that are being sold by banks, lenders and credit unions. Check them out today and find an affordably priced repo motorcycle in great condition!