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Do motorcycles depreciate faster than cars?

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+1 vote
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in Insurance by (82.5k points)
Do motorcycles depreciate faster than cars?

My doubt is from harley-davidson insurance

I have been asked this question during an interview for a job.

Other related questions to my question are:

Why do motorcycles depreciate faster than cars?

What is the depreciation rate for motorcycles?

What motorcycle holds its value best?

Are motorcycles depreciating assets?

1 Answer

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by (393k points)
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Best answer
Correct answer is: by age, they depreciate at a similar rate to cars, by mileage, they much depreciate faster though. Touring bike models can be expected to hold value for more miles; dirt bikes and sport bikes depreciate faster.

The title of my answer is Do motorcycles depreciate as fast as a standard automobiles?

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