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Should I

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  #1  
Old 07-31-2007, 05:25 PM
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Default Should I

Just got off the phone from a friend down the coast, I sold him this bike over 15 years ago, its mostly been sitting in his garage, no registation, but he keeps it covered & runs it a few times a week. Now the thing has become a "Classic" which means he wants twice as much for it. Its not in perfect condition though, but its all do able fix (cosmetic stuff), it will need new rubber as well. Its an 81 Moto Guzzi Monza, not fast, but sweet in the twisties, with a crippling riding position. He wants $5000 (aus) for it.Its not like I need another bike, & my wife will kill me, Its tempting though. wot do you think?

[IMG]local://upfiles/9500/AC87CDC2AE774F73AD482E2A513D8C74.jpg[/IMG]
 
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Old 07-31-2007, 05:36 PM
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Default RE: Should I

Has he put any money into it?
If no give him maybe a grand more then what you sold it to him for. If its less then 5000 that is
 
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Old 07-31-2007, 05:59 PM
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Default RE: Should I

i dont know, none of my friends would try to make a buck off of me like that. i can understand maybe a bit for the hookup, but not 200%.
 
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Old 07-31-2007, 06:04 PM
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Default RE: Should I

ORIGINAL: rrasco

i dont know, none of my friends would try to make a buck off of me like that. i can understand maybe a bit for the hookup, but not 200%.
+1...classic schmassic (yea i said it)...that guys a jerk
 
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Old 07-31-2007, 06:33 PM
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Default RE: Should I

ORIGINAL: pacemaker

Just got off the phone from a friend down the coast, I sold him this bike over 15 years ago, its mostly been sitting in his garage, no registation, but he keeps it covered & runs it a few times a week. Now the thing has become a "Classic" which means he wants twice as much for it. Its not in perfect condition though, but its all do able fix (cosmetic stuff), it will need new rubber as well. Its an 81 Moto Guzzi Monza, not fast, but sweet in the twisties, with a crippling riding position. He wants $5000 (aus) for it.Its not like I need another bike, & my wife will kill me, Its tempting though. wot do you think?

[IMG]local://upfiles/9500/AC87CDC2AE774F73AD482E2A513D8C74.jpg[/IMG]
i dont know how it works in aus,but-if he did'nt get it titled into his name
[sm=badbadbad.gif]-report it stolen,that should get the asking price reduced!!!!
just thinking out-loudName:  sing.gif
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o8
 
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Old 07-31-2007, 06:42 PM
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Default RE: Should I

ORIGINAL: outsider8
i dont know how it works in aus,but-if he did'nt get it titled into his name
[sm=badbadbad.gif]-report it stolen,that should get the asking price reduced!!!!
just thinking out-loud

o8
i agree. that sounds like the way to go if ur "buddy" decides to make a few bucks off of you
 
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Old 07-31-2007, 07:58 PM
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Default RE: Should I

pfff...I wouldnt. If it's just been sitting the price should be reduced, not raised.
 
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Old 07-31-2007, 08:23 PM
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Default RE: Should I

If it was 15 years ago, and the bike really has increased in value then he has every right to sell it for what it's worth.

You're all wrong, and that's a fact. The bike should sell for market value no matter who it's going to, get over it. The OP lost any rights to special treatment when he sold it, he didn't want it anymore and BLAM....it's gone.
 
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Old 07-31-2007, 10:49 PM
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Default RE: Should I

Let him sell that "classic" to someone else if he think he can get $5k for it.Classic cars are great and old homes can be nice, but personally, I think most old motorcycles suck. Maybe that's a bit harsh but bikes justkeep getting better and better in both style and power.


I feel criticism is coming my way...
 
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Old 07-31-2007, 11:01 PM
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Default RE: Should I

Your reasoning is absolutely valid, I was saying that the *sold it to a friend* thing had nothing to do with the value.
 



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