You’re probably wondering if an ATV is worth your investment. Or maybe you’re curious about its resale value. Either way, you're in the right place.
Yes, ATVs generally hold their value well. According to industry experts, the average depreciation rate for an ATV is around 10-15% per year. However, there are several factors that can affect an ATV's resale value, including its model, condition, mileage, and upgrades.
As an avid ATV enthusiast, I've researched this topic extensively and consulted with mechanics, manufacturers, and industry professionals to provide accurate and reliable information. So whether you're buying your first ATV or looking to upgrade, you can trust us to give you the inside scoop on ATVs and their value.
Do ATVs Hold Their Value Well?
If you're considering purchasing an ATV, one of the most important factors to consider is whether it will hold its value in the long run. After all, an ATV is a significant investment, and you want to ensure it's worth it. So, do ATVs hold their value well?
The answer is yes; ATVs generally hold their value. However, an ATV’s value also depends on various factors. For example, the brand and model of the ATV will play a significant role in how well it holds its value. Some brands, such as Arctic Cat, are known for holding their value better than others.
Similarly, newer models tend to hold their value better than older ones. And even though ATVs do depreciate in value, they can still hold their value relatively well if you take care of them and make smart purchasing decisions.
Factors That Affect ATV Depreciation
If you're thinking about purchasing a new or used ATV, it's important to understand what factors can affect its depreciation. Here are some of the most important factors to consider:
When it comes to ATVs, brand reputation and model play a significant role in how well they hold their value. Certain brands have a reputation for producing reliable and durable ATVs, which can help maintain their value over time.
For example, Honda ATVs are known for their bulletproof transmission and metal gears, making them a popular choice for those looking for a reliable machine. Other brands like Kawasaki, Polaris, Yamaha, Arctic Cat, Argo, SYM, Can-Am, and CFMoto also have a reputation for producing reliable ATVs.
Model and Performance Features
In addition to brand reputation, the specific model and features of an ATV can also affect its depreciation.
Popular models that are in high demand tend to hold their value better than less popular models. For example, the Honda Rancher and Yamaha Grizzly are two of the most popular ATVs on the market and tend to hold their value well.
Performance features can also impact an ATV's value. ATVs with powerful engines, advanced suspension systems, and other high-performance features tend to hold their value better than basic models.
Condition and Maintenance
The condition of an ATV is one of the most important factors that affect its depreciation. If an ATV is well-maintained and in good condition, it will hold its value better than one that has been neglected or poorly maintained.
Regular maintenance, such as oil changes, tire rotations, and tune-ups, can help keep an ATV in good condition and prevent costly repairs down the road.
Mileage and Usage
Mileage and usage are also important factors that can affect an ATV's depreciation. Generally, the more miles an ATV has, the less it will be worth.
Additionally, if an ATV has been used for heavy-duty tasks, such as plowing snow or hauling heavy loads, it may have more wear and tear. That means it will be worth less than one that has been used primarily for recreational purposes.
Upgrades, Modifications, and Customization
Upgrades, modifications, and customization can also affect an ATV's depreciation. While some upgrades, such as new tires or a winch, can add value to an ATV, others may not.
In addition, if an ATV has been heavily modified or customized, it may have a smaller market of potential buyers, which can affect its resale value.
Market Demand and Seasonal Trends
Market and seasonal trends can also affect an ATV's depreciation. For example, if a particular ATV model is in high demand, it may hold its value better than a less popular one.
Similarly, if you try to sell your ATV during the off-season, such as in the middle of winter, you may need help finding a buyer and may have to accept a lower price.
New vs. Used ATVs: Depreciation Rates
One of the biggest concerns when purchasing an ATV is the depreciation rate. It's important to consider whether purchasing a new or used ATV offers better value for money and the potential impact on resale value.
Depreciation rates of new ATVs
New ATVs tend to depreciate the most in the first year of ownership. According to High Lifter, a larger ATV with a 400cc+ engine depreciates the most in the first year, with a depreciation rate of around 23%.
Smaller models with about 250cc mark going downwards tend to lose more value as they approach the second or third year, with depreciation rates of around 27% in the first year, 25% in the second year, and 15% in the third year.
Depreciation rates of used ATVs
Used ATVs tend to have a slower depreciation rate compared to new ones. According to ATV Trader.com, the average cost of a used four-wheeler is in the $3,500 to $7,000 range, and that's for the top makes.
Smaller ATVs and UTVs, including models for kids that have 100cc engines and smaller ones, tend to depreciate faster in the first three years, while larger vehicles (500cc engine and bigger) depreciate the slowest over time.
Impact on Resale Value
The depreciation rate of an ATV can significantly impact its resale value. A new ATV that depreciates quickly may have a lower resale value compared to a used ATV that has already gone through the initial depreciation period.
However, it's important to note that the resale value of an ATV can also depend on its condition, mileage, and any additional features or modifications.
When it comes to purchasing an ATV, you ultimately want to consider the depreciation rate and potential resale value.
While a new ATV may seem like the best option, a used ATV may offer better value for money and a slower depreciation rate. That said, the decision between purchasing a new or used ATV will depend on your budget, preferences, and needs.
As we move into the future, the ATV market is expected to continue to grow, with technological advancements playing a significant role in shaping the industry.
Electric ATVs are becoming increasingly popular, and we expect to see more on the market in the coming years. Environmental concerns and the desire for quieter and more efficient machines drive this shift toward electric vehicles.
Another trend likely to shape the future of the ATV market is the increasing focus on safety. As more people take up ATV riding as a hobby, there’s a growing need for safety features that can protect riders from accidents and injuries. This includes improved suspension systems, better brakes, and more advanced safety equipment like helmets and body armor.
At the same time, we can expect to see changes in the regulatory environment that will impact the ATV market. For example, there may be new restrictions on where and when ATVs can be ridden and new emissions standards that manufacturers will need to meet.
- Some ATV brands and models hold their value better than others.
- Do your research and choose a brand and model that will hold its value over time.
- Like any vehicle, the age and overall condition of an ATV will impact its value.
- Some upgrades and accessories can help increase the value of an ATV.
- Lastly, be aware of the depreciation rate for your ATV and plan accordingly.
About THE AUTHOR
25 years old. I'm from PA. I love horseback riding and riding ATV's. My husband and I own a farm and our ATV's help us work and have fun.Read More About Elizabeth