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Eurobikers bid for British bargains

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European bikers are cashing in on the strength of the euro against the pound by bagging bargains at UK motorbike auctions.

According to British Car Auctions (BCA), up to 10% of buyers are foreigners reversing the UK`s grey import `biking boom` of the late 1990s.

In those far-off days, a strong pound meant that it was possible to buy machines significantly cheaper from America, Japan and mainland Europe.

But now, says BCA spokesman Andrew McDonald, there has been a notable increase in the number of overseas buyers coming over to attend our motorbike sales.

He said: "With the strength of the euro against the pound, these buyers were looking at export opportunities, particularly with the higher-value sports bikes, tourers and performance machines."

But it seems they are not having everything there own way, he said, and are often outbid by the UK trade "who were prepared to go to semi-retail values to secure the right bikes"

© Press Association 2009