THE ECONOMIC AND ENVIRONMENTAL IMPACT OF THE HISTORIC AND CLASSIC MOTOR INDUSTRY IN THE UK

29 The full results of this are shown i n Table 6. Table 6: The UK's classic motorbike fleet by manufacturer, 2019 Number of classic motorbikes Total value (£) Average value (£) Honda 159,187 167,100,340 1,050 Triumph 41,915 126,872,803 3,027 Yamaha 96,873 124,636,337 1,287 Kawasaki 72,667 99,445,495 1,369 Suzuki 83,965 98,734,262 1,176 Harley-Davidson 16,236 77,275,400 4,760 Lambretta 20,218 74,272,095 3,674 BSA 21,869 67,294,445 3,077 BMW 26,492 43,220,635 1,631 Norton 8,880 36,802,556 4,144 Ducati 9,609 14,060,692 1,463 Vespa 11,129 13,461,090 1,210 Moto Guzzi 6,285 13,399,956 2,132 Velocette 3,709 11,447,346 3,086 Matchless 3,245 10,454,995 3,222 AJS 2,924 10,064,196 3,442 Piaggio 8,541 8,021,738 939 MZ 4,400 5,393,948 1,226 Sunbeam 1,342 5,112,736 3,810 Enfield 2,139 4,157,812 1,944 All others 72,967 188,743,017 2,587 Total 674,592 1,199,971,896 1,779 Source: DVLA, Car and Classic, Autotrader, eBay, Cebr analysis Driven by their high volume of bikes (159,000, or 23.6% of the stock), Hondas have the highest total value, with Triumph, Yamaha, Kawasaki and Suzuki rounding out the top five. It is notable that while still substantial, with a total fleet value of £1.2 billion, the average value per classic motorbike is significantly lower than for cars. This is largely driven by the high SORN rate for motorbikes, with 61% of the 675,000 estimated to be registered with a SORN. For reference, the average value of those registered on the road is £3,608. While still lower than the average car value of £5,421, this does explain some of the discrepancy. For visual clarity, the value of the ten most valuable makes is shown below i n Figure 8.