I'd rather invest in an old sweater. I believe they're bringing good money these days.
That's a nice Cardy, do you wear it sitting in your rocking chair strumming your guitar pretending to be Val Doonican?
I'd rather invest in an old sweater. I believe they're bringing good money these days.
I’ll probably be putting this up for sale soon,
It’ll be a LOT less than £24k though
Not sure I get what you are saying?I should hope so; look at it!
Not sure I get what you are saying?
Ok it’s not a pd,
But it’s a nice duncle blue G/S that’s had a full restoration,at least you could happily ride this one without blowing £10k in depreciation.
Obviously.Oh so if I go out and pay £1000 for a plain chocolate Bounty it must be worth it
Not sure I get what you are saying?
Ok it’s not a pd,
But it’s a nice duncle blue G/S that’s had a full restoration,at least you could happily ride this one without blowing £10k in depreciation.
How is the 'real worth' determined other than by a transaction between buyer and seller.That’s correct. But it’s only worth that because it’s perceived as an investment. It’s real worth is nothing like that. The “investor” is going to find that out sooner or later. JJH
It’s nutty's idea of humour. What he's really saying is, "that's a very nice bike and you'll surely get a fair price when you come to sell it".I should hope so; look at it!
A better analogy than Bounty bars (choc OR plain, perish the thought) is wine. People will pay 10s of thousands for a bottle of plonk which is in all probability undrinkable...but its worth to a collector is based on what someone's prepared to pay. Same with the GS. What are the chances that someone's even going to use a £26k GS?How is the 'real worth' determined other than by a transaction between buyer and seller.
The value of investments can go up or down. They're worth what they're worth at a particular time.
That's a nice Cardy, do you wear it sitting in your rocking chair strumming your guitar pretending to be Val Doonican?
How is the 'real worth' determined other than by a transaction between buyer and seller.
The value of investments can go up or down. They're worth what they're worth at a particular time.
You can use that argument with gold. Up or down in price it will always be gold. The bike will not always be a bike. It’s going to deteriorate and cost money to keep in good condition. JJH
Possibly not if you don’t use it, but then it becomes like the undrinkable wine.
When you look around at what has become ‘investible’ you could almost convince yourself that a R80G/S PD is not a bad investment at only £24k - ‘specially if some virtual unknown’s scruffy woolly can fetch such silly money.
Exactly
Bikes were built to be ridden, crashed, modified, raced. Look at what Mikeyboy does (and what you've done with your bike), that's what it's all about.
Not to sit as a flipping investment, unused incase too many miles go on them............I really do think anybody that does that is a wanker. A nerd that should stick to stamp collecting.
Andres