Repos and the Powesports Auction

I went to the National Powersports Auction in Atlanta on Friday and they were auctioning off almost 2000 bikes. It was crazy. If you don’t have a game plan in place, you will be overwhelmed since they are running 4 lanes at a time- Sportbikes, Cruisers, ATV’s and Harleys. Tons and tons of Harleys since Harley is well know for their liberal financing policies- thus all the repos. Lots of bike with less than 1000 miles. There doesn’t seem to be any real rhyme or reason to what the bike will sell for. Some go for almost retail and some sell for below wholesale.  At any rate, it was fun and I picked up a few for resale.