Optimistic sellers

[F5 Dave]

There are several drivers for this (read cost of living), but catching our first time investors who cottoned on to the fact that prices of vehicles of our yoof keep increasing in value. It's kinda a new thing as we find ourselves with disposable income, better health than before and a desire to Peter Pan ourselves.

An economist will likely sneer and point out parallels.

But unlike houses which people need to live in and sit on (hopefully) forever land; you don't Need a Bonnie.

And people think they are immortal so never anticipated that they would Age Out of riding that increasingly unweildy machine.
Nevermind, I'll just sell it.
Oh. Everyone else of the age that wanted one has come to the same conclusion and is counting pennies having been retired a while and consider downsizing their everything.

I have a fairly broad education having absorbed many old bike magazines over the decades, but most people my age were like the Bonnie buyer 20 (30, 40?) years ago. Except we probably want an Injected GSXR or a Repsol Blade.

Wish I'd never sold [insert model]. . .

And so it will continue, and this thread is validating itself more than I realised all those (12) years ago. Wish I'd started it. I didn't appreciate Aging Out. At all.

Pick up a Classic bike magazine (showing your age buying paper) and they can't help mentioning a 'Softening of prices' on old British bikes, read: market is falling in on itself.

The trick is to buy an asset before it is on the rise, then sell before peak and definitely before the asset is no longer an asset.

Anyone want to buy my phone card collection?

[Stylo]

There are several drivers for this (read cost of living), but catching our first time investors who cottoned on to the fact that prices of vehicles of our yoof keep increasing in value. It's kinda a new thing as we find ourselves with disposable income, better health than before and a desire to Peter Pan ourselves.

An economist will likely sneer and point out parallels.

But unlike houses which people need to live in and sit on (hopefully) forever land; you don't Need a Bonnie.

And people think they are immortal so never anticipated that they would Age Out of riding that increasingly unweildy machine.
Nevermind, I'll just sell it.
Oh. Everyone else of the age that wanted one has come to the same conclusion and is counting pennies having been retired a while and consider downsizing their everything.

I have a fairly broad education having absorbed many old bike magazines over the decades, but most people my age were like the Bonnie buyer 20 (30, 40?) years ago. Except we probably want an Injected GSXR or a Repsol Blade.

Wish I'd never sold [insert model]. . .

And so it will continue, and this thread is validating itself more than I realised all those (12) years ago. Wish I'd started it. I didn't appreciate Aging Out. At all.

Pick up a Classic bike magazine (showing your age buying paper) and they can't help mentioning a 'Softening of prices' on old British bikes, read: market is falling in on itself.

The trick is to buy an asset before it is on the rise, then sell before peak and definitely before the asset is no longer an asset.

Anyone want to buy my phone card collection?

I bought a CR500R new back in '01. Not thinking anything about future values then. Still got it. Stll new. Long story. No idea what to do with it. I'm 64 now. What it's worth now ? No idea.

I'm wondering if buying a MAGA hat would be a good investment ? Think about it. I'm not a Trump supporter but ....

Had bikes in the past I wish I hadn't sold . Thinking back, I wouldn't want them back in my shed. They might be worth a bit more now but , it would make no difference. I sold them for a reason. That was then.

My late wife bought a new Rado watch. Ceramic, Sapphire crystal etc back in '04. $3.5k back then. Just sold it. In the box. Got $500.

The only car I wish I hadn't sold is my '69 Vauxhall Ventora 3.3. British racing green with a black vinyl roof. The FD Vauxhalls are pretty much non existant now.

Still got a big collection of all the cell phones from about 1990, not sure if your phone card collection is worth anything though.

Be Optomistic. Put them on Trade Me.

[F5 Dave]

There is no phone card collection. I was giggling back in the day how they would never be worth anything. Then cell phones happened, didn't predict that, but it shows how a shaky investment is no investment.

My first car was a Victor 3.3 (Dad had a 3.3 Ventora but was too young to remember it).
The Victor was an impulse when a friend almost bought it, somehow I did.

Took it for a warrant and got a page back of faults.
British cars were not Toyotas and wore everything out as they were built to a much lower standard.
It broke down and I took about a year to fix it and be shot of the piece of shit.

It would be a pile of dust now that only a broom could sweep.

Girlfriend said she liked the bike better.

I bought my 2nd car 5 years ago.