Why are Motorcycle unit sales dropping - Page 3 - VTXOA
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post #21 of 42 (permalink) Old 10-25-2019, 06:44 PM
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Originally Posted by Lou_VTX View Post
From my personal observation, Millenials and Gen-Z kids grew up very sheltered and are scared of a ladybug's fart.
One more reason why parents shelter there kids is because it's a more dangerous world filled with murderers, sexual predators, kidnappers and rapists that will harm kids if they are not accompanied or there whereabouts are know by parents. It's a different world than it was 30 years ago and more.
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post #22 of 42 (permalink) Old 10-25-2019, 06:49 PM
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College debt - I believe is the biggest single financial roadblock to many Gen Y and Gen Z'ers being able to have a hobby like motorcycling. That and because some kids are staying in college longer for one reason or another, uncertainty about what they want when they enter and a variety of other reasons. My ex-daughter-in-law eventually got her masters in psychology but she went to college for so long that we thought she was going to be a professional student.
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Last edited by pushrod; 10-25-2019 at 06:51 PM.
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post #23 of 42 (permalink) Old 10-25-2019, 07:01 PM
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And the number taking gender studies, philosophy, and any number of courses that leave you with the ability to do ... well nothing. At least nothing that pays ... unless they get tenured as a prof or something.


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post #24 of 42 (permalink) Old 10-25-2019, 07:53 PM
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30 years ago, the cost of a starter home around here was maybe 1.3 X the avg young couple's combined income.

Today it's about 5-6X

Student loans are massive in comparison etc.

Plus it's hard to game all day or binge watch TV when riding ....
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post #25 of 42 (permalink) Old 10-25-2019, 09:37 PM Thread Starter
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Here's some interesting stats i just found. These stats arrive from 2018 owner surveys conducted by the Motorcycle Industry Council.

might be easier on the eyes looking at it on the link below

Following are the latest statistics of motorcyclists in the USA:

Gender:

Male Owners 81 percent
Female Owners 19 percent
Median Age:

2018 50
2014 47
2012 45
Married:

2018 68 percent
2014 61 percent
2012 63 percent
College Graduate:

2018 24 percent
2014 20 percent
2012 17 percent
Median Household Income:

2018 $62,500
2014 $62,200
2012 $64,100
Work Status:

Employed 71 percent
Retired 24 percent
Motorcycle Ownership:

2018 13,158,100 (up 2.5. million over 2014, the last year of the ownership survery)
2009 11,704,500 (previous record)

Motorcycles in Use:

2018 12,231,000 (up more than 2 million over 2014, the last year of the ownership survey)
2009 11,015,105 (previous record)

Source data:
https://ultimatemotorcycling.com/201...ange-for-2018/

----------------------------------------------

46% of Motorcycle owners are age 50+
71% of Motorcycle owners are age 35+
https://www.statista.com/statistics/...ership-by-age/
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post #26 of 42 (permalink) Old 10-25-2019, 10:57 PM
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I think military service should be mandatory. A two-year hitch before college. They would learn discipline, exertion, self-sacrifice and maybe, just maybe, some common sense.

This would also allow parents to fortify their homes against their return.
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When you are young you want what everyone else has . . when you are old you want what everyone else had.
D. Lee Schulte I ride a Honda because Toyota doesn't make motorcycles. 2005 VTX 1800N3 (black)
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post #27 of 42 (permalink) Old 10-26-2019, 11:36 AM Thread Starter
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I'm starting to think the market is just saturated and there is a glut of used bikes. There are more riders today that ever before in the USA. Historically almost half the riders are over 50 years old anyway and almost 3/4 over 35. Millennial and Gen-Z may end up riding in large numbers once they "Grow-up" and get into that 35+ category, they will have more money then too. Cruisers are and have always been the choice of older riders.

More people own Motorcycles today in the USA than ever before in our History.
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post #28 of 42 (permalink) Old 10-26-2019, 11:42 AM Thread Starter
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Quote:
Originally Posted by Xerothermic View Post
I think military service should be mandatory. A two-year hitch before college. They would learn discipline, exertion, self-sacrifice and maybe, just maybe, some common sense.

This would also allow parents to fortify their homes against their return.
Yes, and motorcycle training in the military.


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post #29 of 42 (permalink) Old 10-26-2019, 11:56 AM
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Quote:
Originally Posted by VTXArizona View Post
I'm starting to think the market is just saturated and there is a glut of used bikes. There are more riders today that ever before in the USA. Historically almost half the riders are over 50 years old anyway and almost 3/4 over 35. Millennial and Gen-Z may end up riding in large numbers once they "Grow-up" and get into that 35+ category, they will have more money then too. Cruisers are and have always been the choice of older riders.

More people own Motorcycles today in the USA than ever before in our History.
Regarding used bikes. Never in the history of motorcycling have motorcycles ever been built to such a standard. For pennies on the dollar, my son bought a 1994 750. It's got 50,000 miles on it and needs nothing. Doesn't burn oil, no odd noises, and still runs like a champ. Aside from some cracks in the plastics, you'd never know its age. Don't get me wrong, there's some junk out there too, but generally, since the 80s, bikes are lasting longer and longer, and can be had for a song. Especially if you're looking for a first bike.



Thanks for finding all of those stats. A bit of an eye opener.
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post #30 of 42 (permalink) Old 10-26-2019, 12:14 PM Thread Starter
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