The odd thing about price when it comes to classic bikes is that the average old bike enthusiast sucks in their breath through clenched teeth and you get all the 'tell im e's dreamin' or 'its not fair, them rich bastards are ruining it for the enthusiasts' or 'how are we supposed to get young fellas involved when prices are like this?' comments etc etc
Except when it comes time to sell their own collection, most of which got purchased for peanuts when they were cheap - different story...
Plus timing is essential. A youngster now neither knows or cares much what an OW01 or an RC30 is and certainly won't be paying a fortune for one when they have made their millions..
Good on em I say - ask high, you can always drop your price but you can't raise it.
Yeppers. Its why brit bikes have plateued in value but jap stuff is rising. We all know the story: we're in our 40's and 50's, we have a bit of tin, we know we've got a limited time on the planet, so we buy what we couldnt afford when we were teenagers, or buy what we had and trashed as teenagers. And that pretty much means Jap stuff from the 70's and 80's.
If I were picking stuff to keep now that was cheap I would be buying 1985 GSXR750's, 1993 Fireblade's, 1998 R1's, the minter and the more stock (including stock cans) the better. I reckon if you tipped in say $25k of play money, you'd double it in real terms in ten years. I have been spectacularly unsuccessful in convincing my better half of the wisdom of this plan however.
It pisses me off that a cB750k2 I sold for $5000 was re-sold for $9k two years later. Why I sold it I have no idea. Why I sold my CB400F after spending a lot of time and money on it, I have no idea. They're the two I should have kept.
I thought elections were decided by angry posts on social media. - F5 Dave
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