Well I'm 100% convinced of it :Happy: as I think is Ducati's 'expert' is too - but still nothing in writing
Do you want this confirmation for valuation purposes, or for your own personal satisfaction? If the latter, you already have what you need. If the former, it would imply that you might want to sell your acquisition. If the situation is an embarrassment to Ducati, I can't see why they would put it in writing. What's in it for them?
Perhaps they might want to encourage him to safe guard a piece of their history for the sake of the brand?
A good piece of Ducati you have there, they know you have it so give it a dust over and enjoy looking at it.
I bought it to own, I like 999's, yes ultimately it will be sold to help fund retirement I guess - but the main enjoyment has been discovering all its nuances and uncovering it's history. Apart from my Z1 it's probably the last bike I would part with and it does have the best spot in the house! I'm not sure I need any more evidence to prove what it is to be honest and I will only discover more if I strip it. Most of my collection is for this reason, pleasure in owning them. I could make more moving them on and re investing, but don't want to do that to be honest. Everything ultimately has a price I guess, but no it won't be for sale for many years (minimum 10) Most people who have this many bikes have wads of money too, I just have lots of bikes - no money and just a reasonable wage to get by :smile: because I like riding them, collecting them and building them - it's quite simply a passion. I am awaiting further contact but I think Customer Services have got themselves in trouble unfortunately, not a good situation.....
Surely the cost of recommissioning them, cost of ongoing insurance, and inflation will kill any profit in it over the next 10 years? Still cool though. Them bikes that is
My GSX-R cost me £4750 and is totally original - unlike any others I have seen. Two were for sale in the USA last year for £25,000 and one just sold at a Honda Dealer in West Yorkshire for £12,000 last month. I was offered £7000 on Old School Suzuki forum before I picked it up. My ZXR750K1 cost me £2,750 - they sell for £6 to £8K My Exige cost me £16,250 6 years ago (now has 20,000 miles) - running costs so far taxing and insuring, servicing and a new set of tyres cost approx. £3,500 - low mileage ones are now advertised between £30 to £40K. My Prototype cost about £5,600 if I remember rightly - less a rebate of £2,300 so stands me at £3,300. A pre production prototype (made with production ready parts) Honda CB750 Honda (the level of prototypes that went to magazines so not a first hand built prototype with all prototype parts like mine) recently sold in the USA for + £90,000. More value in comparison due to age so I'm not saying mine will be any where near this, but mines an earlier prototype and a Ducati which clearly should never have left the factory: this will ultimately add more value in time. To be honest, if I was offered 10 times what I paid now, it would be staying with me for another 10 years. Even sillier offers would be considered but I think another 10 years will see it towards it's best value curve in percentage terms. My 999R cost me £8000, there's one for sale at a dealer without the full Termi serpent system and higher mileage than mine for £14,000. My 999R Fila cost me £10,000 - one recently advertised at a dealer for £14,000 with 3 times the mileage of mine and sold within 2 weeks. My new 4XV R1 (although second year colours) cost me £6000, when I bought it a first year 4XV import fro Japan was advertised in the UK for £12,000 and sold in a week (3 years ago) I could go on, but I clearly don't agree with you - good profit is out there, better than any other 'normal' investments in my opinion - and no tax to pay when you sell remember. I am happy as a pig in shit with my new portfolio :Happy:
Just keep your eyes open, they are out there :Happy: I can see one now on Ebay that stands out to me...
It was a question rather than statement. Only reason i ask is that ive considered doing something similiar several times , but always thought it wouldnt produce any profit. Like any trading , you need to buy at a decent price which you clearly have and sell when they are at a peak. Shocked at the exige prices nowadays. I nearlly got one at £12k that came in p/x where i work. But decided against it as id already got a red tommi mak evo, cliov6, and a bike engined se7en at the time. All i need now is some spare cash to buy some bikes, and time to find the bargains. I reckon i could fit 50 bikes in my garage so storage is no problem. How do you insure them? as house insurance excludes anything with a engine.
If you have the room (which I don't) I think the best investments are the run of the mill 'cult bikes of the time' from 10 to 20 years ago. There will be a better return on these I think. You can buy examples now private at half the price some dealers are asking (I'm talking £2K Vs £4K) - so the prices are already being 'pushed' northwards. I have collected more exotic / rare bikes due to room Vs money available. I have found insurance generally comes out at £100 per £10,000 in value on laid up insurance policies - but you can take the option of top end security and fire prevention too. There is a bargain low mileage Fire Blade for sale now but I need my spare cash for my projects so I'm trying to refrain!
This is my other problem. I know about bikes from maybe 2006 onwards. Mainly ducati. Anything pre that i know what they are , but couldnt tell you which are the rare ones or likely to increase. Pushbikes however i can tell you whats rare etc, as this was was my interest when growing up
If you have liked bikes from being a child (about 10 years old for me) - as most of us I guess, that means you are only around 18 :Wideyed: Research is fairly easy - my advice is free :Happy:
Damn,al the bikes i bought just go down in price. Oh well at least i had fun with it driving them. Henk!!!
