5 Market Challenges For Powersports Sales

Economic Shifts • Consumer Trends • Industry Roadblocks

Posted January 11, 2025

As the powersports market faces new challenges in 2025, dealerships that adapt will thrive. From shifting consumer habits to rising economic pressures, now is the time to take meaningful action. Let’s break down five key challenges and explore how the right strategies can turn them into opportunities that keep your dealership ahead.

Get Answers To 6 Important Questions

Shoppers Leveraging Online Search & Embracing eCommerce

To stay ahead in today’s market, upgrading your website is essential. Ensure it’s fast, mobile-friendly, and easy to navigate, with clear, up-to-date pricing and inventory. Include online financing options to convert visitors into buyers. Dealerships with a polished online presence see increased foot traffic and leads.

Improve Search Rankings & Online Sales

Rising Interest Rates Are Squeezing Mostly Empty Wallets

With the average powersports loan rate rising to 7.5% in 2023, higher monthly payments may cause hesitation for buyers, especially with inflation and rising living costs reducing disposable income. Consumers are much less inclined to make impulsive purchases, so dealerships must offer value beyond the vehicle. Flexible terms, bundled incentives, or financing promotions can make payments more manageable and encourage buyers to move forward.

Close More Sales & Increase Backend Financing Profits

Trade Tensions Are Rising & More Tariffs Are Incoming

New tariffs could raise prices on imported vehicles and parts, putting pressure on your margins. Dealerships relying on international brands may face higher costs, so start sourcing from domestic suppliers or stock up on popular models before tariffs hit. Gradually raising prices can help adjust for increased costs (U.S. International Trade Commission).

Prepare For Increased Costs & Inventory Shortages From Tariffs

Electric Fading Due To High Price Tags & Justified Range Anxiety

Electric motorcycles were expected to soar, but demand has been slow, with Harley-Davidson's LiveWire brand selling only 612 units in 2025, well below its goal (Common Tread). High prices and a lack of charging infrastructure have kept electric bikes in the niche market. Reevaluate your lineup by assessing which electric models are selling in your area and consider focusing more on traditional gas-powered bikes.

Cater To Electric Segments That Are Growing Like eBikes

Motorcycles Are Waning In Popularity

Motorcycle sales have declined steadily, dropping from over 1.1 million in 2006 to just 500,000 in 2023 (Motorcycle Industry Council). Younger generations are less interested in motorcycles, and alternatives like e-bikes are becoming more popular. To reignite interest, host events to attract new riders and build a local online community through influencers and user-generated content.

Become A Core Part Of Your Local Motorcycle Scene

Stay Ahead Of Challenges To Win The Market

The market is shifting, and dealerships that stagnate will fall behind. Those who upgrade their online presence, refine financing strategies, and plan for pricing changes will win. The good news? Success doesn't require reinventing the wheel. It just takes smart, timely action. Start by improving your digital strategy, optimizing sales, and securing inventory.

Take 5 Actions To Grow Dealership Sales

4 More High-Value Questions Remain