Is it worth it?
#1
Is it worth it?
Resale value? .... OK! We all know that our rides are never going to return the investment made! If you're like me, you do it for the pleasure of owning and riding a classic sports tourer..... Right?
I've recently invested a sum of cash in my CBR and have no illusions of getting the cash back if I decide to sell (which I won't be doing! ) ....... but at what point does a bike become a classic and start to appreciate in value?
There's loads of other bikes out there that command high prices! Suzuki GT750's are going thru the roof ATM! The CBR1000F was the one that broke the superbike mould ... yet is currently worth 2 balloons and a coconut!!!.... Will the CBR become a good investment?
Just a few wild thoughts .... and not too serious!
Discuss ......
I've recently invested a sum of cash in my CBR and have no illusions of getting the cash back if I decide to sell (which I won't be doing! ) ....... but at what point does a bike become a classic and start to appreciate in value?
There's loads of other bikes out there that command high prices! Suzuki GT750's are going thru the roof ATM! The CBR1000F was the one that broke the superbike mould ... yet is currently worth 2 balloons and a coconut!!!.... Will the CBR become a good investment?
Just a few wild thoughts .... and not too serious!
Discuss ......
#2
Well... the GTs were made in the 70's. That's a pretty big difference from the late 80's all the way to 1998! I don't know of any late 80's/90's bikes that are worth any thing unless we're talking about short run bikes.
The 1000F just isn't a "classic" yet, and there were tons of them made.
Will it be considered a classic in 2025? Maybe 2030? I don't know....
Supply and demand will decide, I suppose.
Edit:
Wait... was that too serious?
Well, if sprock buys them all up at the rate he's going, we could have a huge value spike within the next few years as the supply dries up.
The 1000F just isn't a "classic" yet, and there were tons of them made.
Will it be considered a classic in 2025? Maybe 2030? I don't know....
Supply and demand will decide, I suppose.
Edit:
Wait... was that too serious?
Well, if sprock buys them all up at the rate he's going, we could have a huge value spike within the next few years as the supply dries up.
#4
I've always lived by the old adage that something is worth whatever someone will pay for it. I paid top dollar for mine but I didn't care cause I wanted it no matter what. I will NEVER sell mine either so it isnt an issue and I don't care what I was offered. Owning one of these machines and having a passion for motorcycling and especially riding this bike is worth far more than what its worth in cold hard cash.
#5
#6
Good question, is it to do with the baby boomers getting to an age and stage if their life where they can afford to pick up the bikes they used to own or admire in their teens and twenties?. I know I'd like to have an H2 or a Z1 lurking in the garage but I can't afford it so I've got a $1000 CBR instead. Maybe when the teens of the mid eighties got to their late forties the old CBRs might be a bit more sort after. So I reckon it'll be about 2018, probably the 2nd of September.
#7
Join Date: Aug 2008
Location: Republic of Boon Island
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Don't be jealous when I end up with the last three 1000F's in the world.
Actually I'm planning on a Hurricane Ark for 2012
Two of every highly collectable color .......... guess that means ole Yeller
& Black (aka the Trout Special) becomes exstinked
But really .........reckon another 15 or 20 will do it as a good
90 % of existing Hurricanes could well have died off
Well make that 90.1 % ...... Trouts won't be around for sure
He rarely washes it ya know ! Truly an orphaned Hurricane lol
Edit: make that 90.2% I forgot about that 87 Cane in Indiana
He uses the same oil over and over
Last edited by Sprock; 09-21-2010 at 11:07 PM.
#8
#9
The word on the street is that Sprock sits home looking out his window for the mailman. As soon as he has his pay check in hand, out the door he goes in search of a cane. Some people try to corner the market. With Sprock it's CBR1000F's. Is it a quest, a diluted mission or some kind of sickness??????
#10
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I have to agree. The old school bikes bring in more cash as collectors. These bikes are neither old school or refined modern super bikes of 150+hp. They are, however, made to be ridden and are found with high miles (km). The amount of service duty they see hurts their value. There are still some low mileage bikes out there but only come up rarely.
The word on the street is that Sprock sits home looking out his window for the mailman. As soon as he has his pay check in hand, out the door he goes in search of a cane. Some people try to corner the market. With Sprock it's CBR1000F's. Is it a quest, a diluted mission or some kind of sickness??????
The word on the street is that Sprock sits home looking out his window for the mailman. As soon as he has his pay check in hand, out the door he goes in search of a cane. Some people try to corner the market. With Sprock it's CBR1000F's. Is it a quest, a diluted mission or some kind of sickness??????
Well it must be contagious then ! reminds me of a joke about older people taking a long time !