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Don has made the point and I agree. Remember, an entry level bike isn't to entice a current Victory owner to buy it, they already have you as a customer.
Growing the brand means bringing in new riders and to bring in new riders you need a sub 1000cc bike (for insurance reasons) and something that costs less than $10K OTD (for financial reasons).
And trust me, regardless how well the Cross bikes and the Visions have sold, Victory's future isn't insured until they get to the point where they sell more than 20,000 bikes a year, every year. They need to get to a point where a stand alone Victory dealer can survive and based on averages, dealers are selling roughly 25 bikes / year. Before you say that's BS run the numbers. I don't think Victory has ever sold more than 10000 bikes / year. Divide that by 300 dealers and what do you get? If some are selling a lot more then that means there are many who aren't even selling 25!
As a comparison, I think Daytona Harley (one dealer) sold 600 bikes in March of this year.........
YES, Victory needs a sub $10K bike in a big way.
Growing the brand means bringing in new riders and to bring in new riders you need a sub 1000cc bike (for insurance reasons) and something that costs less than $10K OTD (for financial reasons).
And trust me, regardless how well the Cross bikes and the Visions have sold, Victory's future isn't insured until they get to the point where they sell more than 20,000 bikes a year, every year. They need to get to a point where a stand alone Victory dealer can survive and based on averages, dealers are selling roughly 25 bikes / year. Before you say that's BS run the numbers. I don't think Victory has ever sold more than 10000 bikes / year. Divide that by 300 dealers and what do you get? If some are selling a lot more then that means there are many who aren't even selling 25!
As a comparison, I think Daytona Harley (one dealer) sold 600 bikes in March of this year.........
YES, Victory needs a sub $10K bike in a big way.