It's not just GS's and not just bikes. In fact it's not just automotive gear that's not selling.
Look around - everything from houses to furniture to retail is not shifting - unless there's a large and well publicised price slash. Look at M&S 20% off day. Good on the day, but I know its tailed off now.
In any sector, the premium-priced (e.g. GS) end of the market is vulnerable. The Lidls, Morrisons and scooter ends of the various markets are winning more trade. Many (but not all, wouldn't want to generalise or doom-monger) peeps are buying what they need and not what they want right now.
Very true. What really kills used bike values is manufacturers discounting new machines; look at the Jap bike market from the '90s on. If BMW loose their nerve and abandon their no discounts policy then the used market will take a big hit. Short term if you're not a cash buyer that's bad news but long term it may well keep new prices down since it's very hard to go back to premium pricing once you've discounted, again look at the historical real cost of Jap sports bikes. Another example is Stella Artois who committed premium brand suicide and lost their "re-assuringly expensive" tag for good after bowing to supermarket loss leader discounting.
) peeps are buying what they need and not what they want right now.


