Post by honestjohn on Jul 1, 2010 3:28:58 GMT -5
Average Change in Price Average Change in Price
Capacity Sydney Metropolitan Country NSW
125cc -9.9% -3.9%
250cc 88.9% 107.3%
400cc -27.3% -29.6%
650cc -27.3% -29.6%
800cc 5.2% 1.9%
1,100cc 4.4% 1.2%
1,200cc 34.9% 24.6%
1,500cc 19.8% 13.0%
2,000cc 19.8% 13.0%
Hardest hit will be motorbikes at the bottom of the 226cc to 725cc classification, such as 250cc motorbikes. 250cc motorbikes were previously classified with 101cc to 300cc motorbikes. For a 250cc motorbike the survey shows an average increase in price of 88.9% in the Sydney Metropolitan area and 107.3% in Country areas.
The survey shows that prices have increased in the three classifications for motorbikes above 726cc. The average increase in price for an 800cc motorbike is 5.2% in the Sydney Metropolitan area and 1.9% in Country areas. The average increase in price for a 2,000cc motorbike is 19.8% in the Sydney Metropolitan area and 13.0% in Country areas.
Motorbikes in the 1,126cc to 1,325cc classification have shown a higher average increase in price than other large capacity motorbikes. For a 1,200cc motorbike the survey shows an average increase in price of 34.9% in the Sydney Metropolitan area and 24.6% in Country areas.
The biggest winners are motorbikes in the upper range of the 226cc to 725cc classification, such as 400cc and 650cc motorbikes. Those motorbikes were previously classified with all motorbikes over 300cc. For both 400cc and 650cc motorbikes the survey shows an average decrease in price of 27.3% in the Sydney Metropolitan area and 29.6% in Country areas.
Some small capacity motorbikes under 225cc will also benefit. For a 125cc motorbike (such as a scooter) the survey shows an average decrease in price of 9.9% in the Sydney Metropolitan area and 3.9% in Country areas.
Interestingly, the survey also shows that for an older rider with good claims and driving records, the benefit of shopping around to compare prices will in some cases save several hundred dollars, whereas for a young rider with bad claims and driving records, the benefit of shopping around will generally be less than $20.00.
The trends shown in the table are based on a sample of greenslip prices as at 30 June 2010 and 1 July 2010. Greenslip prices change over time and in every case need to be checked on the basis of specific motorbike and owner details.
Capacity Sydney Metropolitan Country NSW
125cc -9.9% -3.9%
250cc 88.9% 107.3%
400cc -27.3% -29.6%
650cc -27.3% -29.6%
800cc 5.2% 1.9%
1,100cc 4.4% 1.2%
1,200cc 34.9% 24.6%
1,500cc 19.8% 13.0%
2,000cc 19.8% 13.0%
Hardest hit will be motorbikes at the bottom of the 226cc to 725cc classification, such as 250cc motorbikes. 250cc motorbikes were previously classified with 101cc to 300cc motorbikes. For a 250cc motorbike the survey shows an average increase in price of 88.9% in the Sydney Metropolitan area and 107.3% in Country areas.
The survey shows that prices have increased in the three classifications for motorbikes above 726cc. The average increase in price for an 800cc motorbike is 5.2% in the Sydney Metropolitan area and 1.9% in Country areas. The average increase in price for a 2,000cc motorbike is 19.8% in the Sydney Metropolitan area and 13.0% in Country areas.
Motorbikes in the 1,126cc to 1,325cc classification have shown a higher average increase in price than other large capacity motorbikes. For a 1,200cc motorbike the survey shows an average increase in price of 34.9% in the Sydney Metropolitan area and 24.6% in Country areas.
The biggest winners are motorbikes in the upper range of the 226cc to 725cc classification, such as 400cc and 650cc motorbikes. Those motorbikes were previously classified with all motorbikes over 300cc. For both 400cc and 650cc motorbikes the survey shows an average decrease in price of 27.3% in the Sydney Metropolitan area and 29.6% in Country areas.
Some small capacity motorbikes under 225cc will also benefit. For a 125cc motorbike (such as a scooter) the survey shows an average decrease in price of 9.9% in the Sydney Metropolitan area and 3.9% in Country areas.
Interestingly, the survey also shows that for an older rider with good claims and driving records, the benefit of shopping around to compare prices will in some cases save several hundred dollars, whereas for a young rider with bad claims and driving records, the benefit of shopping around will generally be less than $20.00.
The trends shown in the table are based on a sample of greenslip prices as at 30 June 2010 and 1 July 2010. Greenslip prices change over time and in every case need to be checked on the basis of specific motorbike and owner details.
