Predictions for future classics

Predictions for future classics

Author
Discussion

srob

11,623 posts

239 months

Thursday 27th February 2014
quotequote all
If anyone had mentioned race rep 250 two-stokes they'd have done alright smile

3DP

Original Poster:

9,917 posts

235 months

Thursday 27th February 2014
quotequote all
st-a-brick - I was more right than wrong in my original post!! Shame I was wrong about the bike I actually owned biggrin

srob

11,623 posts

239 months

Thursday 27th February 2014
quotequote all
3DP said:
st-a-brick - I was more right than wrong in my original post!! Shame I was wrong about the bike I actually owned biggrin
hehe I just noticed that! Had you bought three or four you'd be up a nice new super bike by now smile

3DP

Original Poster:

9,917 posts

235 months

Thursday 27th February 2014
quotequote all
srob said:
3DP said:
st-a-brick - I was more right than wrong in my original post!! Shame I was wrong about the bike I actually owned biggrin
hehe I just noticed that! Had you bought three or four you'd be up a nice new super bike by now smile
In fairness though, I called the the 916 too and put my money where my mouth was on that one.

I came very close to a mint VJ22 about 3 or 4 years ago for just over £2K but we couldn't agree on price.

I came close to buying a ZXR750R off a chap here, but in the end he decided to MoT it and keep it.

I'm hoping SRAD prices will rise for the few good ones out there, but I reckon we need another thread re-visit in 2019 smile

GTIR

24,741 posts

267 months

Friday 28th February 2014
quotequote all
I don't know why the owners of bikes want it to go mental in value. What's the point if you're going to keep it?
And if you do sell it then you're fooling yourself. Go get a Harkey!

Also, if a bike price increases the parts and insurance increase.

3DP

Original Poster:

9,917 posts

235 months

Friday 28th February 2014
quotequote all
GTIR said:
I don't know why the owners of bikes want it to go mental in value. What's the point if you're going to keep it?
And if you do sell it then you're fooling yourself. Go get a Harkey!

Also, if a bike price increases the parts and insurance increase.
There are many positives.

a) you potentially make money on something you also enjoy.
b) more people see them as worth restoring and more people are becoming interested in them - therefore there ends up being more good ones and better owners club knowledge bases.
c) parts can become easier to get if pattern firms, aftermarket specialists or manufacturers increase supplies to capitalise on the renewed interest and money around a model.
d) other people begin to see what you see in a model. ie. 15 years ago a 350LC at a bike meet was likely a tatty ratty 2 stroke, largely ignored by all except those that would take a glance and think "ooh - I used to own one of those". Now there are lots of restored lovely ones and people go weak at the knees if they see them. If you liked them all along, others are appreciating what you appreciate.
e) hopefully the long term future of the model is assured, rather than all of them being broken, crashed and scrapped until none are left.


srob

11,623 posts

239 months

Friday 28th February 2014
quotequote all
3DP said:
GTIR said:
I don't know why the owners of bikes want it to go mental in value. What's the point if you're going to keep it?
And if you do sell it then you're fooling yourself. Go get a Harkey!

Also, if a bike price increases the parts and insurance increase.
There are many positives.

a) you potentially make money on something you also enjoy.
b) more people see them as worth restoring and more people are becoming interested in them - therefore there ends up being more good ones and better owners club knowledge bases.
c) parts can become easier to get if pattern firms, aftermarket specialists or manufacturers increase supplies to capitalise on the renewed interest and money around a model.
d) other people begin to see what you see in a model. ie. 15 years ago a 350LC at a bike meet was likely a tatty ratty 2 stroke, largely ignored by all except those that would take a glance and think "ooh - I used to own one of those". Now there are lots of restored lovely ones and people go weak at the knees if they see them. If you liked them all along, others are appreciating what you appreciate.
e) hopefully the long term future of the model is assured, rather than all of them being broken, crashed and scrapped until none are left.
I agree with all the above, but on the flipside I know a chap (well, knew, he's passed away now) who had always dreamed of owning an Aston Martin DB5. He restored loads of cheaper classics himself, and eventually built up enough value in his cars to be able to swap to the nicest DB5 I've ever seen, in Aston Racing Green. Sadly though, it was about 6 months before the price of them went through the roof. The thing gained something daft like £100,000 in a year or so, which meant the car in his garage was all of a sudden worth more than the house he was living in, and he just couldn't afford/justify keeping it so had to sell it.

I also wish that some of our bikes were worthless as they'll never be sold, mainly the ones Dad's had since before they were worth anything. It would take the worry of theft out. He once said that if he could get away with it he wouldn't insure them for theft as if one got stolen he wouldn't want another one, the ones he has are only valuable to him in memories and sentiment so he wouldn't buy another even if it got stolen.


3DP

Original Poster:

9,917 posts

235 months

Friday 28th February 2014
quotequote all
srob said:
I agree with all the above, but on the flipside I know a chap (well, knew, he's passed away now) who had always dreamed of owning an Aston Martin DB5. He restored loads of cheaper classics himself, and eventually built up enough value in his cars to be able to swap to the nicest DB5 I've ever seen, in Aston Racing Green. Sadly though, it was about 6 months before the price of them went through the roof. The thing gained something daft like £100,000 in a year or so, which meant the car in his garage was all of a sudden worth more than the house he was living in, and he just couldn't afford/justify keeping it so had to sell it.

I also wish that some of our bikes were worthless as they'll never be sold, mainly the ones Dad's had since before they were worth anything. It would take the worry of theft out. He once said that if he could get away with it he wouldn't insure them for theft as if one got stolen he wouldn't want another one, the ones he has are only valuable to him in memories and sentiment so he wouldn't buy another even if it got stolen.
That is when the values become driven by speculation rather than enthusiast driven though - which is not healthy - agreed.

spareparts

6,777 posts

228 months

Friday 28th February 2014
quotequote all
srob said:
3DP said:
GTIR said:
I don't know why the owners of bikes want it to go mental in value. What's the point if you're going to keep it?
And if you do sell it then you're fooling yourself. Go get a Harkey!

Also, if a bike price increases the parts and insurance increase.
There are many positives.

a) you potentially make money on something you also enjoy.
b) more people see them as worth restoring and more people are becoming interested in them - therefore there ends up being more good ones and better owners club knowledge bases.
c) parts can become easier to get if pattern firms, aftermarket specialists or manufacturers increase supplies to capitalise on the renewed interest and money around a model.
d) other people begin to see what you see in a model. ie. 15 years ago a 350LC at a bike meet was likely a tatty ratty 2 stroke, largely ignored by all except those that would take a glance and think "ooh - I used to own one of those". Now there are lots of restored lovely ones and people go weak at the knees if they see them. If you liked them all along, others are appreciating what you appreciate.
e) hopefully the long term future of the model is assured, rather than all of them being broken, crashed and scrapped until none are left.
I agree with all the above, but on the flipside I know a chap (well, knew, he's passed away now) who had always dreamed of owning an Aston Martin DB5. He restored loads of cheaper classics himself, and eventually built up enough value in his cars to be able to swap to the nicest DB5 I've ever seen, in Aston Racing Green. Sadly though, it was about 6 months before the price of them went through the roof. The thing gained something daft like £100,000 in a year or so, which meant the car in his garage was all of a sudden worth more than the house he was living in, and he just couldn't afford/justify keeping it so had to sell it.

I also wish that some of our bikes were worthless as they'll never be sold, mainly the ones Dad's had since before they were worth anything. It would take the worry of theft out. He once said that if he could get away with it he wouldn't insure them for theft as if one got stolen he wouldn't want another one, the ones he has are only valuable to him in memories and sentiment so he wouldn't buy another even if it got stolen.
The ability to save up and one day own your dream hero is a fantastic ownership experience. Being able to sell it for a significant material profit (100k!) makes it an even sweeter experience imo.

I also agree that I wish things were worthless - it allows us to see things for what they really are, not just what they are worth. There are loads of exotic bikes that would get ridden far more than they do if they weren't as valuable. I admire those who have valuable and 'special' bikes who ride them in all weathers, piling on the miles, and simply using them as intended instead of cottonballing them in a glass case.

Ziggy2070

40 posts

122 months

Thursday 6th March 2014
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I think the Honda CBF 125 will be a future classic.

RemyMartin

6,759 posts

206 months

Thursday 6th March 2014
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Trumpet Daytona 675 wink hopefully.

All joking aside I think the early 675r is a future classic.

GTIR

24,741 posts

267 months

Thursday 6th March 2014
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I've never wanted a RD or a RGV but when people say how much they're worth now and how maxing they are I now want one!

I've noticed CX500's go up in price in 12 months.

I guess now the economy is improving people will start spending/getting into debt.

CBR JGWRR

6,535 posts

150 months

Thursday 6th March 2014
quotequote all
Ziggy2070 said:
I think the Honda CBF 125 will be a future classic.
No chance, far too common.

eggbod

96 posts

187 months

Thursday 6th March 2014
quotequote all
here are my predictions;

the t595 triumph daytona's (and speed triples)
1st model yamaha R1
1st model fireblade
suzuki rf900
any srad suzuki
zxr750
zzr1100
zx7r
yamaha dt125
aprilia rs125,rs250 and rsv mille
any ducati/bimota/laverda/moto guzzi etc.

and probably almost all those Japanese grey import 250-400cc bikes.

but, the most valuable ones are always the very expensive poor sellers aren't they ?


PTF

4,351 posts

225 months

Thursday 9th May 2019
quotequote all
Another 5 years later. Where are we at now with these predictions?

Personally i bought an early R1 a couple of years ago. Paid what seemed like strong money for it back then, but values seem to be either a) rising, or b) speculative.

Also a low mileage mint 929 blade, but that was more because for me they're the pick of the fireblade lineup - don't like the styling of the 954, or the later 1000cc bikes (though post 2012 is nice), and pre 929 are not to my taste either. Values on those seem stable but not rising bar a few dealers taking the pi$$

Also got a nice ZX-9R but after owning it for 2 yrs i'm struggling to recoup what i paid for it, so values on that are really not going anywhere.

Bought a nice blackbird a couple of years ago too. Nice condition. First year with digi dash and FI. And blue (best colour IMO). That won't be depreciating.

Any more anecdotes?

Rat_Fink_67

2,309 posts

207 months

Thursday 9th May 2019
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Seeing as I'm part way through spending at least twice it's worth on a restoration/recommission, I'm hoping the SRAD predictions come true at some point laugh

mak

1,437 posts

227 months

Thursday 9th May 2019
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Cracking thread to resurrect and fascinating to fast forward into the future, did anyone buy 10 rgv 250's and a few rd and rg 500's smile

I sometimes google the value of the cars I went through from 2003 through 2006 frown




Don Roque

17,998 posts

160 months

Thursday 9th May 2019
quotequote all
eggbod said:
here are my predictions;

the t595 triumph daytona's (and speed triples)
If these ever skyrocket in value let me know hehe I've had my 1997 T595 for nearly four years and it remains in great condition and crucially, hasn't been subject to any modification (not one of those dodgy Speedtona conversions). You'll never get rich off a T595 but the tipping point has passed whereby you'll struggle to lose money on one. Not that I would sell mine, I doubt I ever will but I'd happily have a second bike.

patchb

949 posts

115 months

Thursday 9th May 2019
quotequote all
Well the ZX7R mentioned in the first post hasn’t really done anything I the last decade, I have no doubt they will rise one day, very pretty and a very good handling bike for the age. I had one with a Muzzy system and it sounded fantastic as well, quite fancy another to stash away for the next 10 years...

Ho Lee Kau

2,278 posts

126 months

Friday 10th May 2019
quotequote all
There will be no future classics.
Everything will be banned from the roads soon enough.
Either ride them or sell them, I say.
Alternative - put one on the wall as art.