Yeh but That is nice !!
It is indeed....My mate has a Garelli Rekord and a Tiger Cross....
The Tiger Cross stops grown men in their tracks.....
Yeh but That is nice !!
I have to agree. I put a 1950 Norton 500 single on the road for nostalgic reasons as it had been in the family for about 35 years when it was acquired and partly restored by a relative who was taken very seriously ill last year and I thought it would be nice to put it on the road as a favour to him . I am glad to say he ,against all odds ,recovered and managed to take a short ride on it so that was a worthwhile effort. But the bike is a bag of shit to ride and probably going up in value which is more than can be said about my GS . If I keep it a few years it will probably be worth more than the GS even though it will always be 60 years older .Nonsense isn't it.
To all you people thinking you have an old bike and it's an investment I'm afraid the bubble is about to burst.
It is unsustainable.
People said houses were rock solid investments that can only continue to go up in value.....
In the 1920's in the US people kept buying shares because they were a wonderful investment and the value continued to go up, until 1929 when it all went bang.
Sell now while you are still in profit.
All IMHO of course.
I have a motley collection of old and not so old M/Cs and their real value and pleasure to me is repairing, servicing and riding the bikes and the interesting people I meet through a shared interest. OK, so it's not everyones cup of tea which is just as well or old M/Cs would be even more costly.
To all you people thinking you have an old bike and it's an investment I'm afraid the bubble is about to burst.
It is unsustainable.
People said houses were rock solid investments that can only continue to go up in value.....
In the 1920's in the US people kept buying shares because they were a wonderful investment and the value continued to go up, until 1929 when it all went bang.
Sell now while you are still in profit.
All IMHO of course.
The whole 'classic' thing is an enigma to me. It seems that anything that is old and still going/viable is given classic status effectively devalueing worthwhile classics.
The dull 'of no consequence' 125 commuter is just a seller trying it on but may be bought by someone overwrought with nostalgia who never got their bike licence.
Absolutely, nail on the head.
Some of the vehicles don't even have to be viable and the single biggest give away of bandwagon jumping is that four figure starting price. That's before you work out whether or not any parts are even salvageable.
The vast majority of bikes these days are owned by older riders with high disposable incomes. They are leisure vehicles, used for pleasure rather than as an only form of transport.
Lots of these riders have owned modern bikes and have served their time commuting etc. and have probably toured at least Europe. So we have an increasing number of affluent riders who have been there, done it and have the stickers.
Consequently an impractical old bike that evokes a feeling of nostalgia and youth is going to appeal. Especially as the cost of the latest bikes is now passing £15,000 for a new GS / KTM / Ducati / Harley. Especially when you realise that your £15k investment isn't going to turn a head down the pub, whilst a nice example of a '70s bike will gather admiring looks and do everything you need for less than £5,000.
Makes most 'classics' look like a bargain to me
Funny.The current economic climate must have some bearing on it as there is little point in putting spare cash in the bank. I spent my Xmas bonus on a classic scooter that is sitting in my dining room and will not move from there. I can`t imagine I would get much enjoyment from riding it, but I like the design aspect of them so I can just look at it whilst eating my caviar and foie gras.
Does that make me a bad man who is driving up values to the detriment of proper scooting enthusiasts
Classic bikes as an investment will cease to have value soon! !
Why because look at the clientel at Stafford 40 to 70 yr olds who had bikes in 50 s to 80 s and enjoyed em and now have money to re aquire them albeit at inflated prices.
Fast fwd to the last 10 yrs or more recently 5 ys.the playstation x box generation . They aspirev to a corsa or fiat 500. They have no appetite for peds or 125's. so twenty years out they will not be buying supply will outstrip demand, we will be long gone and nothing will support the price.
Cars however still instill interest , fueled by top gear 5 th gear equivalents cars will maintain value.
Classic bikes as an investment will cease to have value soon! !
Why because look at the clientel at Stafford 40 to 70 yr olds who had bikes in 50 s to 80 s and enjoyed em and now have money to re aquire them albeit at inflated prices.
Fast fwd to the last 10 yrs or more recently 5 ys.the playstation x box generation . They aspirev to a corsa or fiat 500. They have no appetite for peds or 125's. so twenty years out they will not be buying supply will outstrip demand, we will be long gone and nothing will support the price.
Cars however still instill interest , fueled by top gear 5 th gear equivalents cars will maintain value.
Well thats me off my soapbox
Classic bikes as an investment will cease to have value soon! !
Why because look at the clientel at Stafford 40 to 70 yr olds who had bikes in 50 s to 80 s and enjoyed em and now have money to re aquire them albeit at inflated prices.
Fast fwd to the last 10 yrs or more recently 5 ys.the playstation x box generation . They aspirev to a corsa or fiat 500. They have no appetite for peds or 125's. so twenty years out they will not be buying supply will outstrip demand, we will be long gone and nothing will support the price.
Cars however still instill interest , fueled by top gear 5 th gear equivalents cars will maintain value.
Well thats me off my soapbox