Why are ATV Prices So High?

Indeed, an ATV is a cool-looking vehicle that every rider wants to try in their life but, unfortunately, cannot do because of its high cost. And that’s why the question arises, why are ATV prices so high? 

The ATV market isn’t huge like ordinary street motorbikes, making companies raise prices to cope with the profit percentage. Also, ATVs come with solid components, which are costly compared to ordinary motorbike parts, which aren’t costlier and as decisive as ATV parts. 

Let’s consider what it means and what you can do about it. 

While writing this post, I leave no stone unturned so you can know everything about why ATV prices are so high. 

Why are ATV Prices So High? 

Indeed, an ATV is a cool-looking vehicle that every rider wants to try in their life but cannot do so because of cost. And that’s why the question arises, why are ATV prices so high? 

The ATV market isn’t huge like ordinary street motorbikes, making companies raise prices to cope with the profit percentage. Also, ATVs come with solid components, which are costly compared to ordinary motorbike parts, which aren’t costlier and as decisive as ATV parts. 

And that’s why experts always recommend using the used ATVs rather than buying new ones. 

Is There a Shortage of ATVs? 

So far, you understand some possible reasons why ATVs prices are so high, but now the question arises, is there a shortage of ATVs? 

Because of the present Ukraine and Russia conflict followed by the pandemic, the supply chain is disturbed, and because of this, there is a shortage of four-wheelers across the country. Not only this, there’s an increase in demand, impacting the ATV cost. 

The short supply of ATV parts from other countries like China is also impacting the ATV cost, fueling the inflation rate. 

How Market Influences the ATV Prices?

So far, you understand why ATV prices are so high; now, the question arises, how does the market influence ATV prices? 

Apart from the inflation all around the globe, ATVs don’t possess a massive market like cars, and street motorbikes, which means very few people will buy ATVs, and because of the small market, manufacturers have to increase prices to become profitable annually. 

It’s a low-demand and high-cost example in which manufacturers are likely to decrease the price of ATVs once the market becomes vast. But unfortunately, in the US, few people are interested in buying ATVs; instead, they want street and cruise motorbikes. 

How Do Parts Cost Influence the ATV Prices?

Indeed now you understand how the market influences ATV prices; now the question arises, how do parts influence ATV prices? 

ATV parts aren’t ordinary motorbike parts; instead, they’re made from heavy-duty material, which is costlier and has low prediction because of the low market size, to generate enough profit, the manufacturers usually sold their ATVs at high prices. 

And because of this profit margin, the end cost of ATVs is higher than ordinary motorbikes. 

Should You Go with New ATVs?  

So far, you understand that ATVs prices can be influenced because of costlier parts; now the question arises, should you go with new ATVs? 

If you have a budget, you should always go with the new ATVs because of the fresh parts and engine; you’ll surely enjoy riding ATVs. However, if you can’t afford a new one, you can go with the used ATV, but make sure you always choose a better-condition ATV. 

While buying a used ATV, ensure the engine is in good condition, along with the exterior body and cover, the best you can do is to go with a knowledgeable person when buying a used ATV for yourself. 

CLICK HERE to know which states do allow ATVs to ride on the roads and which aren’t, it’s advisable to visit the updated guidelines to catch more updates on ATVs in your area.

Is Buying a New ATV Worth it? 

Indeed it would be best to go with the used ATV if you don’t have the proper budget. Now the question arises, is buying a new ATV worth it? 

Unless you’re on a budget and have a solid reason for buying the new ATV, buying the new ATV isn’t worth it, and you should always go with the used ATV. It’s because many used ATVs can provide you with the same experience as a new ATV without spending $10,000-20,000 on just a single piece. 

However, make sure you go with the mint condition used ATV to experience the same best moments.

How Much Will Used ATV Cost? 

So far, you understand that buying the new ATV isn’t worth it, and you can go with a used ATV; now the question arises how much a used ATV will cost you? 

The used ATV will cost you around 30% less than the new average ATV cost. However, the cost depends on the engine type, the condition of the ATV, the miles it travels, and the overall health condition. For example, the mint condition used ATV will cost you around 20-25% less than the new ATV, but two to three old ATVs will cost you around 35-45% less than the new ATV. 

The same applies to ATV health; the better the used ATV health, the costlier it will be.

Should You Wait for ATV Prices to Go Down? 

Indeed it would be best if you go with the used ATVs; now the question arises, should you wait for ATV prices to go down? 

With the present scenario, it would be worthless to wait for ATV prices to go down because of the current Ukraine and Russian conflict followed by Covid-19, and because of possible global scenarios ahead, the inflation rate keeps going on, making things expensive. 

So it’s better to go with the used ATVs rather than wait for the prices to go down. 

If you’re serious for buying the ATV then you should read my previous post where I discussed wheather ATV is legal or not in your state, CLICK HERE to read.

Frequently Asked Questions:

Final Verdict: 

Why are ATV prices so high? The ATV market isn’t huge like ordinary street motorbikes, making companies raise prices to cope with the profit percentage. 

Also, ATVs come with solid components, which are costly compared to ordinary motorbike parts, which aren’t costlier and as decisive as ATV parts. 

The inflation rate and disturbed supply chain are also fueling the high prices of ATVs, which is why it’s better to go with the used ATVs.