Try our new info resource - "Aladdin's Cave" (Main menu)Just added a separate link to Ash's Dropbox thread (shortcut)
My current 400 rebuild Costs are £2900 so with purchase price I am at £4900. I estimate another £500 will cover everything except my new wheels! That said last year I would have spent a similar amount on eating out & weekend breaks. I am enjoying the challenge & working on my bike. When it has been finished yes if I sold it I would not recoup my costs but there will be a residual value and something I have enjoyed doing - I can also go out for a ride on a nice summers day. I am not running a business its a retirement hobby. If its all done by early 2022 I can always start again.
Ted we are definitely not in it for the money! If that’s your total costs you have gotten off lightly. Then again it does of course depends how much restoring it requires in terms of parts etc. I’m currently restoring (although not much this last while) a 750k3. I’m already in that at about £4500 for bike and parts. Maybe another grand might hold it in (wishful thinking) 😂😂😂
Quote from: Macabethiele (Ted) on April 17, 2021, 10:39:40 PMMy current 400 rebuild Costs are £2900 so with purchase price I am at £4900. I estimate another £500 will cover everything except my new wheels! That said last year I would have spent a similar amount on eating out & weekend breaks. I am enjoying the challenge & working on my bike. When it has been finished yes if I sold it I would not recoup my costs but there will be a residual value and something I have enjoyed doing - I can also go out for a ride on a nice summers day. I am not running a business its a retirement hobby. If its all done by early 2022 I can always start again.Absolutely Ted - I've built several bikes in a similar situation over the last 10 years. I too do it for the personal satisfaction of turning a wreck into something as new and when my bikes are finished, I know they are right (which you don't know when buying one for the similar money). I only posted for the interest and debate
I've got mates that spend 1000s on a foreign holiday. After a fortnight it's gone. Good memories but it's over with. A restored motorbike will give many years of pleasure and a sense of pride and achievement and, the cost will only t appreciate with time.