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Could you of resisted for so long?

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Nick 50
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PostPosted: 01:31 - 04 Apr 2014    Post subject: Could you of resisted for so long? Reply with quote

https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn1/t1.0-9/q71/s480x480/1240036_10201505926721612_831253627_n.jpg

In that box is an unopened brand new 1989 kawasaki zx7.

https://scontent-b-lhr.xx.fbcdn.net/hphotos-prn2/t1.0-9/1533764_10201505931361728_2054868010_n.jpg

In this one and I quote "black one 89 zx 7 stored at my brothers farm house,never assembled,,kawasaki wants it,but not getting it"

Could you have a bike completely brand new left unopened for 25 years and not even looked??

btw both bikes belong to the same person!

Fair play to the bloke though, having not one, but 2 completely unopened 1989 ZX7's is some wise move!
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Az
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PostPosted: 01:48 - 04 Apr 2014    Post subject: Reply with quote

Nick 50 wrote:

Fair play to the bloke though, having not one, but 2 completely unopened 1989 ZX7's is some wise move!


Is doing something like that much of an investment? Considering inflation and the length of time it'll take to sell a machine like that, when for the same price you could buy a much better modern bike? or am I looking at this from a logical point of view, maybe there's more to it?

Hat's off to the guy… I could never do that, i'd be too tempted to assemble it and ride it Very Happy . Then again, I bet he probably had a third ZX7 that he actually rode, if he could afford to buy two brand new ninja's and keep them boxed without ever needing to sell them in 25 years.
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janner_10
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PostPosted: 05:18 - 04 Apr 2014    Post subject: Re: Could you of resisted for so long? Reply with quote

Nick 50 wrote:


Fair play to the bloke though, having not one, but 2 completely unopened 1989 ZX7's is some wise move!


Seems a bit stupid to me. Doubt there is any financial gain, stinks of more money than sense.
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stinkwheel
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PostPosted: 09:25 - 04 Apr 2014    Post subject: Reply with quote

What if you'd done that with an RC30? Would have cost what? £10k when they were new?

What would a zero-miles, crated RC30- go for these days? £40k+?
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Fisty
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PostPosted: 09:29 - 04 Apr 2014    Post subject: Reply with quote

stinkwheel wrote:
What if you'd done that with an RC30? Would have cost what? £10k when they were new?

What would a zero-miles, crated RC30- go for these days? £40k+?


It happened. Brand new NR750 and RC30 "found"
IIRC the 30 went for £50k

The NR is for sale on ebay for 100k

https://www.visordown.com/motorcycle-news-videos/discovered-honda-nr750-and-rc30---still-in-crate/9933.html

https://www.ebay.co.uk/itm/Honda-NR-750-/261399461504?pt=UK_Motorcycles&hash=item3cdc9f3e80
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Last edited by Fisty on 09:44 - 04 Apr 2014; edited 3 times in total
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moppy
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PostPosted: 09:30 - 04 Apr 2014    Post subject: Reply with quote

Not sure that ZXR 750s (which I assume is what you mean?) are all that valuable now?

You still see fair few being hooned around day to day, and you can pick up neat, clean looking ones for 2-3K.

Edit: My local bike shop has this for sale
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Robby
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PostPosted: 09:33 - 04 Apr 2014    Post subject: Reply with quote

It can work as an investment, but it needs to be 30-40 years. Right now it might be worth what he paid for it, allowing for inflation. In another decade it'll be worth significantly more.

There was a brand new late seventies Kawasaki stroker on ebay recently - I think it was a KH400. It was bid up to a high price, but didn't make reserve.

What seems really strange to me is that the right bike can be worth significantly more in parts than as a bike. I couldn't imagine keeping a bike in its crate for 30+ years, and then not even assembling it, but just breaking it. Unless it was a Kawasaki.
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maxp
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PostPosted: 09:43 - 04 Apr 2014    Post subject: Reply with quote

On the subject of crated bikes, this must be the ultimate?

https://www.autoblog.com/2010/03/17/ultimate-reveal-uncrating-buried-treasures-honda-nr-750-and-rc/
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Fisty
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PostPosted: 09:44 - 04 Apr 2014    Post subject: Reply with quote

maxp wrote:


See 3 posts above yours.
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The Disapproving Brit
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PostPosted: 10:15 - 04 Apr 2014    Post subject: Reply with quote

The big question is, when you come to register it, does it get an F reg or a 14 plate?
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Northern Monkey
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PostPosted: 11:27 - 04 Apr 2014    Post subject: Reply with quote

It's a 14 plate.

In the same way that any 14 plate bike on the road currently was probably build before the 1st of March
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sidewinder
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PostPosted: 12:15 - 04 Apr 2014    Post subject: Reply with quote

If those bikes have been crated for so long. Would all the seals be fucked and carbs gummed up tires fucked etc.and would need a full decent strip down and rebulid.
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c-m
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PostPosted: 12:38 - 04 Apr 2014    Post subject: Reply with quote

Shame the 1991 model is a much better bike.

I doubt there's any problem with the seals etc.. as it will have been kept in a sealed environment.
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Nick 50
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PostPosted: 17:17 - 04 Apr 2014    Post subject: Re: Could you of resisted for so long? Reply with quote

janner_10 wrote:
Nick 50 wrote:


Fair play to the bloke though, having not one, but 2 completely unopened 1989 ZX7's is some wise move!


Seems a bit stupid to me. Doubt there is any financial gain, stinks of more money than sense.


Not necessarily, he has apparently turned down an offer of $15'000 for each one.

They are the first year of what has a serious potential of becoming a classic which has a pretty decent fanbase.
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Hugh Farking Cant
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PostPosted: 17:27 - 04 Apr 2014    Post subject: Reply with quote

moppy wrote:
Not sure that ZXR 750s (which I assume is what you mean?) are all that valuable now?

You still see fair few being hooned around day to day, and you can pick up neat, clean looking ones for 2-3K.

Edit: My local bike shop has this for sale



Try £1500 and that's top end of the range; average 1K is good money.

The 400 holds it price much better; that is circa 2.5 k
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Kickstart
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PostPosted: 17:43 - 04 Apr 2014    Post subject: Re: Could you of resisted for so long? Reply with quote

Nick 50 wrote:

Not necessarily, he has apparently turned down an offer of $15'000 for each one.


$15k is probably no real gain since the ZXR was new. Add the cost of storage and insurance for quarter of a century and it seems worse, and without those you stand a fair chance of you initial investment being totally lost.

All the best

Keith
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Marmalade
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PostPosted: 18:01 - 04 Apr 2014    Post subject: Reply with quote

It's when you open the crate to find a dent in the tank, missing parts etc.
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