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Easy-X |
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Easy-X Super Spammer
Joined: 08 Mar 2019 Karma :
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Posted: 10:07 - 21 Jun 2019 Post subject: Buy a new bike... as an investment?! |
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I was comparing some reviews of bikes and I learnt some interesting things like a big factor with buying from new is the TCO. An Interceptor "needs" servicing every 3000 miles so factor that in with the cheap initial cost...
Anyhoo, some Ozzie fella was raving about a bike and, typical clickbait style, "5 problems with this bike" turned into 5 things the bike did really well, e.g. "you'll hate this bike, it's so perfect you'll have nothing to upgrade to..." ffs
The one that really got me was "...and if you do upgrade to something else you'll kick yourself for letting this one go as it'll be really sought after, being so perfect and all!"
tl;dr
Can you buy a bike, from new, and have it worth more than what you paid for it in say 10 years or so? (e.g. classic Ferrari style.) ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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Ste |
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Ste Not Work Safe
Joined: 01 Sep 2002 Karma :
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Posted: 10:26 - 21 Jun 2019 Post subject: |
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Yes but good luck predicting which bikes will be worth more in x years. Expect to be disappointed though.
A second hand RS250 bought ten years ago is worth quite a bit more than it was then. |
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Easy-X |
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Easy-X Super Spammer
Joined: 08 Mar 2019 Karma :
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johnsmith222 |
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johnsmith222 World Chat Champion
Joined: 26 Dec 2008 Karma :
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Posted: 16:41 - 21 Jun 2019 Post subject: |
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Pretty much no. You should be comparing the new price to if you put those funds into a world tracker index fund, then subtract storage costs, maintenance, and ease of sale.
I know someone who sold a very desirable car 10 years ago that has doubled in value. I guarantee that keeping it would have cost more than any gains from the appreciation in value. It wasn't ferrari level money though.
If it's a man maths investment though, where really you would be buying it even if it doesn't go up in value, then that's fair enough.
EDIT: just out of curiosity, I looked at an NC30 RRP and appreciation vs 3.66 percent return.
https://www.thebikemarket.co.uk/honda/vfr/vfr750r-rc30
RRP of NC30 in 1989 £8500.
Value now (went for the max value on this site) £27,750
£8500 invested over 30 years at 3.66% = £24,989.36
This ignores running costs, insurance etc, and I've been optimistic in favour of the bike. |
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Easy-X |
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Easy-X Super Spammer
Joined: 08 Mar 2019 Karma :
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Posted: 17:30 - 21 Jun 2019 Post subject: |
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Good point, it's like buying a Star Wars figure and going "noooo! you can't take it out of the blister pack!" and I'd be like fuck that, I want to play with it... and that's at the age of 47
(Glances at all the lego on my desk here at work!) ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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linuxyeti |
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linuxyeti World Chat Champion
Joined: 06 Oct 2006 Karma :
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Sister Sledge |
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Sister Sledge World Chat Champion
Joined: 17 Aug 2018 Karma :
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Easy-X |
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Easy-X Super Spammer
Joined: 08 Mar 2019 Karma :
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Posted: 12:20 - 22 Jun 2019 Post subject: |
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linuxyeti wrote: | .... and don't forget, soon, ice powered bikes will become almost worthless, except as static ornaments, within 20 years at most, as petrol becomes harder to come by etc ... |
Bollox to that, and to diesel
Any fuel injection vehicle should take a remap to run on ethanol... vodka FTW ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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chickenstrip |
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chickenstrip Super Spammer
Joined: 06 Dec 2013 Karma :
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Posted: 13:11 - 22 Jun 2019 Post subject: |
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HardlyDavidson wrote: | linuxyeti wrote: | .... and don't forget, soon, ice powered bikes will become almost worthless, except as static ornaments, within 20 years at most, as petrol becomes harder to come by etc ... |
Bollox to that, and to diesel
Any fuel injection vehicle should take a remap to run on ethanol... vodka FTW |
I don't want a bike that runs on vodka. It'll just want to fight everything. ____________________ Chickenystripgeezer's Biking Life (Latest update 19/10/18) Belgium, France, Italy, Austria tour 2016 Picos de Europa, Pyrenees and French Alps tour 2017 Scotland Trip 1, now with BONUS FEATURE edit, 5/10/19, on page 2 Scotland Trip 2 Luxembourg, Black Forest, Switzerland, Vosges Trip 2017
THERE'S MILLIONS OF CHICKENSTRIPS OUT THERE! |
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sulphur |
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sulphur Trackday Trickster
Joined: 01 Oct 2010 Karma :
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chickenstrip |
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chickenstrip Super Spammer
Joined: 06 Dec 2013 Karma :
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Posted: 13:13 - 22 Jun 2019 Post subject: |
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sulphur wrote: | The Norton V4SS. People taking delivery the past few weeks have already saw values increase quite significantly. Granted, limited production of 200 helps that, but still.. |
Is probably the sole reason, apart from it having the Norton badge. ____________________ Chickenystripgeezer's Biking Life (Latest update 19/10/18) Belgium, France, Italy, Austria tour 2016 Picos de Europa, Pyrenees and French Alps tour 2017 Scotland Trip 1, now with BONUS FEATURE edit, 5/10/19, on page 2 Scotland Trip 2 Luxembourg, Black Forest, Switzerland, Vosges Trip 2017
THERE'S MILLIONS OF CHICKENSTRIPS OUT THERE! |
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Old Thread Alert!
There is a gap of 355 days between these two posts... |
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smokin joe |
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smokin joe Borekit Bruiser
Joined: 18 Apr 2020 Karma :
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1198 |
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1198 World Chat Champion
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Jewlio Rides Again LLB |
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Jewlio Rides Again LLB World Chat Champion
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Posted: 20:27 - 11 Jun 2020 Post subject: |
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I remember the Benelli Tornado TRE being about £4k new don't think they could shift them, about 2007 I think? ____________________ Mpd72: I can categorically say i’m Brighter than that, no matter how I come across on here.
HAHAHA HAHAHA Blew Chilly MyCrowSystems |
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jeffyjeff |
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jeffyjeff World Chat Champion
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Williboss |
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Williboss L Plate Warrior
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1198 |
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1198 World Chat Champion
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chickenstrip |
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chickenstrip Super Spammer
Joined: 06 Dec 2013 Karma :
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Posted: 20:59 - 05 Aug 2020 Post subject: |
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Think of the cruelty! A bike isn't just for Christmas! ____________________ Chickenystripgeezer's Biking Life (Latest update 19/10/18) Belgium, France, Italy, Austria tour 2016 Picos de Europa, Pyrenees and French Alps tour 2017 Scotland Trip 1, now with BONUS FEATURE edit, 5/10/19, on page 2 Scotland Trip 2 Luxembourg, Black Forest, Switzerland, Vosges Trip 2017
THERE'S MILLIONS OF CHICKENSTRIPS OUT THERE! |
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trevor saxe-coburg-gotha |
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trevor saxe-coburg-gotha World Chat Champion
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Williboss |
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Williboss L Plate Warrior
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RachelBucklan... |
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RachelBucklan... L Plate Warrior
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Ste |
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Ste Not Work Safe
Joined: 01 Sep 2002 Karma :
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Posted: 16:30 - 10 Aug 2020 Post subject: |
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bhinso |
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bhinso World Chat Champion
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Old Thread Alert!
The last post was made 3 years, 231 days ago. Instead of replying here, would creating a new thread be more useful? |
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