And someone very much like Creamy would have been saying 'Tulips' somewhere on a pigeon post chat group
Imagine if you had bought a load of property in the 1970’s... Let’s face facts, bikes are a relatively crap investment but the best to look at, horses for courses.
Compared to £90 I can’t argue, but I’m guessing you’ll struggle to find a bike or car that’s gone up 500% since the 80’s, then take into consideration that increase applies to most properties - you don’t have to go hunting for jewls. Anyway, we digress. Fila Ducati’s are the best!
Some bikes are good investments if you buy them well, much like anything else I suppose. I don't get caught up in having the latest thing, I'll let somebody else do that and take the hit, I'll pick up a relative good used bargain a bit down the line which should appreciate if bought at the correct time. Look at the Panigale R talked about on here a few pages ago. Private seller with the bike on finance. He's going to blow his brains in and that's not for me. I'm trying to diversify and not have all my eggs in one basket. I'm overpaying the mortgage to get rid of that. The pension is doing well. Shares are looking like the bargain of the century at the moment, given the tax breaks I get on them. I also have a smattering of bikes I have bought at the right time. Primarily, I buy the bikes I like, but the residuals do come into it more often than not. Sometimes I know I'll lose money, like my recent Hyperstrada purchase. But I bought if with the intention of travelling round Europe a few times, and there is value in having that experience for me, the residuals don't come into it this time.
Fair point, crap was wrong, I was fishing I pay to have a Ducati in my garage so having one (or more) that pay you back is a winner
I started collecting bikes when I realised my Exige had gone up in value (as I knew more about bikes and had no room for cars) 2 years ago my Exige had gone up in value by nearly £15k in 8 years- in the last 2 years it appears to have added another £30k - the bikes I have bought over the last 6 years have done a lot better than the housing market too. Every spare penny has gone on bikes after my family commitments
They sound like good investments, but I wouldn’t compare it to property investment, it’s a different game with different benefits. It depends where you live, but if your bikes have done better than the housing market (down south) in the last 6 years you must have a couple of brough superiors tucked away slowed down now though, about time..
Nope, nothing of the kind - live in York where the property market has done very well too. In fact I started investing in bikes when I sold a (mortgaged) house that I rented for 10 years to my lodger.
Things have changed recently to make it less attractive, but no doubt the gains in property are far greater. I’m not trying to diminish bike investment, but you’re not just doing it for the gains - nice shiny things have a big part to play surely. 3-5 years ago, without any real market knowledge, it was quite easy to turn 25k into 100k within 12-18 months, I’m guessing the same can’t be said for almost all bikes.
Yes, having them around is better than art on the walls, but what you say about property values is bollocks vs my bike investments as the bikes have been a better investment as has my Exige, so ner ner ner ner ner
should reach a tank of Wotsits.... https://www.ebay.co.uk/itm/YAMAHA-R...671607?hash=item4b3f027037:g:-28AAOSwGltavmTs
Wouldn't go amiss..... https://www.ebay.co.uk/itm/1968-Yam...615613?hash=item1edd0cb1fd:g:7WQAAOSwVFBauopJ
One for @wroughtironron ? https://www.ebay.co.uk/itm/Yamaha-F...938190?hash=item3d4a24e9ce:g:5WkAAOSwEWdZzqxA
I don't think it will go for that much, it is a 250cc converted to a 350cc, not really collectable. I'm looking out for one myself.