Investment Bikes
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Re: Investment Bikes
£1100 in 1980 is the equivalent of about £5000 today, so you're only just into making a profit.
If you'd invested £1100 in the stock market and got 5% a year return (which ain't all that racey for the markets) you'd be sitting on £8500 now. You wouldn't have been able to take your stocks out for a ride though On the other hand, if you'd averaged 10% growth in the same period (which again is by no means impossible) you'd have more than £60k now.
Boring lesson of the day, if you want to invest don't do it in bikes Bikes are just an expense
If you'd invested £1100 in the stock market and got 5% a year return (which ain't all that racey for the markets) you'd be sitting on £8500 now. You wouldn't have been able to take your stocks out for a ride though On the other hand, if you'd averaged 10% growth in the same period (which again is by no means impossible) you'd have more than £60k now.
Boring lesson of the day, if you want to invest don't do it in bikes Bikes are just an expense
- weeksy
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Re: Investment Bikes
I totally agree putting money in the bank is boring Just pointing out the idea of an 'investment bike' is for the most part a pipe dream. I think the very best you will get is a bike effectively for free, after a long time.
Re: Investment Bikes
Interesting thread...
About three and a half years ago I liberated some monies from my pension to buy a 1983 CB1100RD. UK bike, genuine 6200 miles, totally standard, unrestored, previous owner had had it since 2010 but, as per previous owners, had used it very little.
Mind you with 2x Kawasaki H2 triples, a CBX and a CX Turbo plus some modern bikes he was spoilt for choice.
It took me about 12 months to close the deal - yep, it wasn't cheap (£13500 iirc) but within the last month I have turned down two offers, significantly higher than this.
The old girl is being ridden and is now about 50 short of 8000 miles. The weather was dry today here and the roads not too mucky so a very enjoyable 30 mile spirited bimble round Hants and Berks was in order.
High days and holidays, but I will always ride it. I just limit myself to local journeys and don't foresee me doing much more than 750 miles, certainly less than 1000 pa.
Kev
About three and a half years ago I liberated some monies from my pension to buy a 1983 CB1100RD. UK bike, genuine 6200 miles, totally standard, unrestored, previous owner had had it since 2010 but, as per previous owners, had used it very little.
Mind you with 2x Kawasaki H2 triples, a CBX and a CX Turbo plus some modern bikes he was spoilt for choice.
It took me about 12 months to close the deal - yep, it wasn't cheap (£13500 iirc) but within the last month I have turned down two offers, significantly higher than this.
The old girl is being ridden and is now about 50 short of 8000 miles. The weather was dry today here and the roads not too mucky so a very enjoyable 30 mile spirited bimble round Hants and Berks was in order.
High days and holidays, but I will always ride it. I just limit myself to local journeys and don't foresee me doing much more than 750 miles, certainly less than 1000 pa.
Kev
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Re: Investment Bikes
Ah - from a sensible investment you mean?
Yeah sounds like a good deal though. As a way to enjoy a bike for less than it might otherwise have cost you then it makes total sense.
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Re: Investment Bikes
But 30 miles is barely enough to get the engine properly warmed through.
I wonder how a Brough or Black Shadow pans out as an investment if bought new?
The pinger has just gone off when my teas are ready so my musings will have to wait. Mmm, cheasypeas.
I wonder how a Brough or Black Shadow pans out as an investment if bought new?
The pinger has just gone off when my teas are ready so my musings will have to wait. Mmm, cheasypeas.
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Re: Investment Bikes
Back when I was in Northo, living in the grounds of the mansion full of posh women, the matriarch had bought a new Goldwing 1000 as an investment. That didn't work out well. It didn't help it had corroded somewhat and an auctioneer had 'taken liberties' with it.
To a kid looking up to me, life ain't nothing but bitches and money.
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Re: Investment Bikes
I just tried and failed to find out how much a Black Shadow cost when new. But for argument's sake say it was £20k (how TF you deal with decimilisation is a question for somone else ) in the 73 years since 1948 an investment which grew at 4.5% (the typical 'conservative' growth rate which factors in inflation) would now be worth about £530k. Which is about what a mint Black Shadow will set you back now! So even that super fancy bike isn't a gold mine.
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Re: Investment Bikes
I am sure the market for old British bikes will fade out, as those that lusted after them in their youth but could not afford them, are dying off. I cannot see many 50 year olds wanting to buy a Triumph side valve ahead of an LC350. I certainly don't, and I'm older than that.
You can see it in the values of pre-war American cars. Very few want them now, and prices are dropping and availabily increasing.
However, someone seems to think that bikes are great investments.
https://www.themotorcyclebroker.co.uk/
You can see it in the values of pre-war American cars. Very few want them now, and prices are dropping and availabily increasing.
However, someone seems to think that bikes are great investments.
https://www.themotorcyclebroker.co.uk/
- KungFooBob
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Re: Investment Bikes
Tell me which bikes you're about to sell so I know what to buy. Or is that insider trading?
- weeksy
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Re: Investment Bikes
I don't get the sensible investment if you're too dead to enjoy it. Pointless being rich the day you die, even if you're an Egyptian GodMr. Dazzle wrote: ↑Sat Feb 20, 2021 8:08 pmAh - from a sensible investment you mean?
Yeah sounds like a good deal though. As a way to enjoy a bike for less than it might otherwise have cost you then it makes total sense.
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Re: Investment Bikes
Kinda hard to know exactly when you're gonna die though and having to chose between the heating and the food kinda sucks
Believe it or not I spend money too I just don't think bikes are something you're gonna retire on.
Believe it or not I spend money too I just don't think bikes are something you're gonna retire on.
- weeksy
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Re: Investment Bikes
I agree they're not. But you have to compromise somewhere in life otherwise what's the point being hereMr. Dazzle wrote: ↑Sun Feb 21, 2021 7:37 am Kinda hard to know exactly when you're gonna die though and having to chose between the heating and the food kinda sucks
Believe it or not I spend money too I just don't think bikes are something you're gonna retire on.
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Re: Investment Bikes
Sure, so just buy what you want/can afford and don't try to do much else IMO.
I agree you might make 'a bit' of money, but as I said I think the best you're really gonna do is reduce the effective cost not actually end up in profit.
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Re: Investment Bikes
BTW, just for shits and giggles I've taken a look the Bonnie...
FiL paid £375 for it in 1972, according to the BoE's inflation calculator that's the equivalent of £5060 today. The bike is currently insured for £14k, no idea what it is actually worth.
Ha! Clearly I'm full of shit.
FiL paid £375 for it in 1972, according to the BoE's inflation calculator that's the equivalent of £5060 today. The bike is currently insured for £14k, no idea what it is actually worth.
Ha! Clearly I'm full of shit.
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Re: Investment Bikes
Also ignores the expense on keeping it in good shape. I've "owned" it less than a year and I've already spent more than a grand in maintenance to ride a few hundred miles
Re: Investment Bikes
I bought my rc8 Akrapovic le 8 years ago, I know it’s worth more now than what I paid for it.
No it won’t make any difference whatsoever but it’s quite an achievement for me to think I’ll get more than I paid for a bike.
And of course it won’t even begin to make up for what I’ve spent and lost on bikes over the years.
No it won’t make any difference whatsoever but it’s quite an achievement for me to think I’ll get more than I paid for a bike.
And of course it won’t even begin to make up for what I’ve spent and lost on bikes over the years.