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Being in the vehicle business is a sensitive affair that requires the calculation of risks. As people buy new cars, they are concerned with the resale value ranging from a few years after the purchase to several years. Fleet management companies, especially those dealing with high-end services spend a lot of money to buy state-of-the-art vehicles but lose a lot of money when selling them or disposing of them.
Typically, the used vehicle market is unfair to car owners. For certain reasons, the rate of depreciation for vehicles has been expanding in recent years. If you are in a business that deals with vehicles, you should read this article to know the main reasons why the depreciation will rise even more in 2019.
More Vehicles Manufactured
In 2018, more people bought their first cars than in previous years. This number is expected to be on the rise this year. As a result of this, the manufacturers are now producing more vehicles than ever. This means that used cars are growing in number as well. Consequently, it is now easier to find someone who is willing to dispose of a used vehicle by selling it than in previous years. According to experts, this competition in used car sales has brought down the price of used cars and increased depreciation.
More Fleet Companies
Fleet owners are now spending more money to refresh their vehicles and add new ones. It is easy to find these vehicles being auctioned all over the internet at low prices. Fleet companies that are purchasing new vehicles want to sell their old vehicles as fast as possible to get money for other operations. Although these used vehicles have added features like GPS, dashcams and touchscreens that were bought and installed by reputable experts like like EyeRideOnline,the vehicles are expected to sell at lower prices than ever in 2019.
Design Changes
Recently, vehicle manufacturers have been making numerous changes to the vehicles. Surprisingly, the face-lifting of designs has everything to do with how vehicles depreciate. It is a no-brainer that people want to drive attractive vehicles that make them stand out on the road.
In 2020, over 60 percent of vehicle manufacturers are expected to change the designs of their popular models. Actually, most of them have offered a glimpse of how their next generation vehicles will look. According to analysts, many first-time car buyers would rather wait for one more year to buy these vehicles. This will cause more depreciation of used vehicles in 2019.
Vehicle Technology
As manufacturers develop more sophisticated vehicle technology solutions, the previous models tend to depreciate at a high rate. According to the trend, there is always new technology that is being added to the newly released models. In this regard, no one wants to buy a used vehicle with few features to enjoy while the new ones have better options.
In 2019, the rate of depreciation of used vehicles will be on the rise as people chase the latest generation of vehicles. In fact, these latest vehicles are offering more and better features than ever.
If you need a bike that has incredible linear acceleration, good torque, 74 horsepower and a super light chassis, they do not come any better than the Yamaha XSR700. However, straight from the showroom, this bike will meet your needs as perfectly. Still you might want to customize it a little bit in your own way replacing some of the stock parts with better aftermarket parts after few years of driving it. OEM motorcycle parts restore the bike to its original condition. Aftermarket parts increase performance, handling, stability and your riding comfort.
Here are some of the Yamaha aftermarket parts that you should get for your Yamaha XSR700:
Air And Fuel Parts
Stock air and fuel filters for the Yamaha XSR700 are good, but their OEM counterparts are even better. If you want more power, you will have to increase the air intake so that your bike burns more fuel.
Using a part finder website will bring you many options for places where you can get these parts. For example, a K&N air filter for your Yamaha can cost anywhere from $40. A BikeMaster fuel filter can cost anything from $10 dollars. Remember, it all depends on where you get your OEM parts.
Exhaust Systems And Pipes
Many people do not like the stock exhaust system and pipe that the Yamaha XSR700 comes with. It is easy to replace or improve this part. You may want to try slip-on add-ons, which will enhance the rumble of your bike.
Companies like MotorSport have full exhaust systems for this Yamaha bike. This will cost you a tidy sum of money but hey, anything for your bike! Slip-ons include chrome mufflers from names like Spark. A slip-on muffler can reduce the air intake restrictions to the engine. Other things that you may consider include exhaust decibel killer baffles for a more silent ride.
Aftermarket Brakes
We all know that stock brakes do not give your Yamaha the best stopping power. Installing aftermarket brake pads and Kevlar/stainless steel-coated lines from aftermarket suppliers is a good option. HH brake pads, EBC brake rotor and Vortex brake and clutch lever kits are all good choices for your bike.
Dash And Gauges
With dashes, computers and gauges from Starlane, you can change the looks of your bike in a few moments. Data acquisition systems, Stealth GPS with Mapping, Radar and Laser detect systems and many more are available from aftermarket parts providers. You may even include the head unit and the sensors. From some of the parts that are mentioned here, you can see that just about anything on your Yamaha is replaceable.
If your bike has damaged any of the above, or even more parts, you can just buy OEM parts to restore it to its original glory. Buying aftermarket or OEM depends on your needs.
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Are you a business owner? or individual that has a message that wants to communicate to your customers or prospects? Or are you TIRED of your current hosting company that doesn’t care about you and only want to take your hard work money?
Being in the vehicle business is a sensitive affair that requires the calculation of risks. As people buy new cars, they are concerned with the resale value ranging from a few years after the purchase to several years. Fleet management companies, especially those dealing with high-end services spend a lot of money to buy state-of-the-art vehicles but lose a lot of money when selling them or disposing of them.
If you need a bike that has incredible linear acceleration, good torque, 74 horsepower and a super light chassis, they do not come any better than the Yamaha XSR700. However, straight from the showroom, this bike will meet your needs as perfectly. Still you might want to customize it a little bit in your own way replacing some of the stock parts with better aftermarket parts after few years of driving it. OEM motorcycle parts restore the bike to its original condition. Aftermarket parts increase performance, handling, stability and your riding comfort.