Post by: Johnny4428 on March 16, 2022, 08:39:41 AM
There must have been a bit of desperation to get this advertised. I hope it didn’t leave the showroom in this condition as the ad suggests.
Post by: SteveD CB500K0 on March 16, 2022, 09:38:04 AM
[not a 750 guy
]Sent from my iPhone using Tapatalk
Post by: McCabe-Thiele (Ted) on March 16, 2022, 09:53:05 AM
Post by: amx1992 on March 16, 2022, 10:13:58 AM
Post by: MrDavo on March 16, 2022, 10:18:35 AM
Post by: Johnny4428 on March 16, 2022, 10:38:14 AM
Post by: Johnny4428 on March 16, 2022, 12:01:18 PM
Post by: Nurse Julie on March 16, 2022, 01:07:07 PM
Edit... Just read it again, engine has been stripped 🙄🙄🙄
Post by: Johnny4428 on March 16, 2022, 03:19:51 PM
Post by: Bro550F on March 16, 2022, 03:27:17 PM
Post by: royhall on March 16, 2022, 03:42:11 PM
Post by: SteveD CB500K0 on March 16, 2022, 05:05:55 PM
To be fair though it does only claim to have had the nuts and bolts restored.
Priceless!
Sent from my iPhone using Tapatalk
Post by: MCTID on March 16, 2022, 06:25:00 PM
I wonder if he's just bought it or P/X'd it and thinks he can make a killing - like Watty's CB350F which was the subject of some debate on here recently ?
I think I'd walk a mile and look for something else.....not that I'd pay £13K for one like this when you can get a really well sorted one rebuilt properly by some of the Members on this Forum.
Even a fair K3/4/5/6 can be bought for around the £4K/£5K mark and even after putting a fair amount of work into it, you'd have a nice reliable bike knowing that you don't have to worry about anything for the next few years if you wanted a keeper'.
I think there is a lot to be said about buying an older bike from somebody who really knows what they are doing, and can demonstrate that the bike they are selling really is as good as they claim, and worth the asking price.
Time will tell.
Post by: Laverda Dave on March 17, 2022, 08:53:06 PM
I witnessed as probably many others did on the forum the same in the late 80’s, late 90’s and 2008.
Hold on and grab a bargain!
Post by: Sesman on March 17, 2022, 08:55:35 PM
Post by: Nurse Julie on March 17, 2022, 09:17:42 PM
Post by: Sesman on March 17, 2022, 09:19:14 PM
Post by: Trigger on March 18, 2022, 06:57:22 AM
I think the classic bike/car bubble is about to burst very shortly and all the chancers selling their 'ground up restorations' will get burnt. The extremely low historical interest rates are now on the rise with another 0.25% rise only today. 'investors' have been putting their money into tangible assets such as cars and motorcycles which unlike art are not subject to gains tax when sold on so a bit of a winner if you have a shed load of cash and getting next to no interest from the banks. Inflation is now raging virtually out of control worldwide and wages can't keep up. The way it's shaping up the investors will soon be offloading their tangible assets to pay their increasing bills, the rest of it will be invested in the bank's now the interest rates are creeping up.
I witnessed as probably many others did on the forum the same in the late 80’s, late 90’s and 2008.
Hold on and grab a bargain!
Are you saying that, i have just spent £6K restoring a UK CB500K0 and i will have to sell if for £3k :'( Where did i go wrong ;)
Post by: Laverda Dave on March 18, 2022, 09:59:21 AM
I think the classic bike/car bubble is about to burst very shortly and all the chancers selling their 'ground up restorations' will get burnt. The extremely low historical interest rates are now on the rise with another 0.25% rise only today. 'investors' have been putting their money into tangible assets such as cars and motorcycles which unlike art are not subject to gains tax when sold on so a bit of a winner if you have a shed load of cash and getting next to no interest from the banks. Inflation is now raging virtually out of control worldwide and wages can't keep up. The way it's shaping up the investors will soon be offloading their tangible assets to pay their increasing bills, the rest of it will be invested in the bank's now the interest rates are creeping up.
I witnessed as probably many others did on the forum the same in the late 80’s, late 90’s and 2008.
Hold on and grab a bargain!
Are you saying that, i have just spent £6K restoring a UK CB500K0 and i will have to sell if for £3k :'( Where did i go wrong ;)
Sorry Trig you have, I'll give you 99p ;)
Post by: Lobo on March 18, 2022, 11:54:13 AM
Specifically… demographics. Most of us on here are in the 60-80yr old bracket, and recapturing a bit of our youth. But alas, we’ll soon begin to drop off our perches, leaving these lovely old bikes behind.
My 34yo son-in-law enjoys bikes, but has no appreciation of 1970 machines; and why should he? I suspect this is the norm.
Finally I recently bought a Sandcast - tho’ definitely not as an investment. I offered 25% below the asking prices, (viewed 2 bikes) and was successful. They had been advertised for months….
A look at the Sandcast Only forum’s statistics suggest that the peak-time was 2010-2012 or so; nowadays the forum is rather quiet.
Old SOHC Hondas are generally not rocking horse poo, there’s actually a lot of good machines about. For sure thought, the odd stand-out ones may continue to increase in value.
I hope I’m wrong, but more for the reason that I’d like to see these bikes continue to be cherished.
Post by: Laverda Dave on March 18, 2022, 12:07:15 PM
Post by: Johnny4428 on March 18, 2022, 05:23:09 PM
Post by: McCabe-Thiele (Ted) on March 18, 2022, 06:33:16 PM
My stance on cars has always been not just reliving my youth or wanting to buy something I could not afford when they were new & fashionable but were they great to drive back in the day?
There are lots of vehicles that have great styling but are a camel to drive - for me it's the same with buying my 400 I wanted a bike that had a certain period look that I liked plus it had to have some modernity like a disc brake rather than drums all round.
Although my early bikes were mostly British I was bowled over when I bought my first Japanes 4 cylinder a Suzuki 750GS I liked the grunt but it is the smoothness of 4 cylinders that I love.
Like many others here my bike is a long term keeper.
Post by: philward on March 18, 2022, 09:54:56 PM
Post by: Lobo on March 19, 2022, 12:53:48 AM
Locally (I’m in Oz) we’ve 2 respected restorers, and the one who did my Sandcast is winding down as it’s all becoming, ‘too hard’. Trades are pushing up their prices significantly, ie Chroming, blasting, painting, plating: let alone the cost of OEM / NOS parts (when you can source them) rocketing. Bob (restorer) was lamenting to me how over the years he’s been collecting NOS SOHC stock whenever he came across it, eg long ago he bought a few new SETS of Sandcast gauges at $200 each. (Now, a single such gauge comes in at $1000). And when folk come to buy…. they mentally tot up a value nearer to their memory of said parts, or have an inkling what Bob paid in the long past…. and expect those savings to be passed on. Consequently, selling restored bikes for a price that reflects their true modern value is becoming harder, if not impossible. (Note… I did NOT buy my Sandcast from Bob, tho’ he did indeed restore it a few years back)
Closer to home, I reckon my K2 was worth $15000 in its current state, and yet I’m splashing out $12k+ on new body set, complete engine rebuild, having bits chromed, plated, blasted, load of DSS / Yamiya / Cruizin parts.
Madness…. because I know where I can go and buy a beautifully restored (OEM grade) 1969 Gold Diecast K0 for $25K tomorrow, or a similarly restored Green 1970 K1.
But as mentioned, we’re all here for the love of it versus any financial figurings.
Ho hum.
Simon
Post by: royhall on March 19, 2022, 07:47:35 AM
Post by: AshimotoK0 on March 19, 2022, 08:46:02 AM
A look at the Sandcast Only forum’s statistics suggest that the peak-time was 2010-2012 or so; nowadays the forum is rather quiet.
Try looking at the Facebook sites for the 750 & sandcast Simon ... you will find most contributors from SOOC have deserted to there but basically quoting stuff that Steve Swan (who founded it) amassed over the years. A lot of forums have gone that way but this one seems to survive and thrive....probably because we are generally a friendly lot. HondaTwins seemed to die a death but an alternative sprang up called VintageHondaTwins and again seems to be thriving because of the friendly atmosphere and banter going on there. Must admit that some FB 'closed' groups like the UK CB72 one are excellent.
Post by: McCabe-Thiele (Ted) on March 19, 2022, 09:32:10 AM
I have always viewed the classic car market with the exception of very high end models as a hobby where instead of annual depreciation you have similar or greater annual maintainance with the hope of finding a buyer when you finally part with your motor.
I have advised Wendy to seek her brothers advice when I have gone to meet my maker as he is an avid bike collector, he will have some idea of my 400's worth.
BiL has recently bought an early Fireblade - his first Honda!
Post by: Lobo on March 19, 2022, 09:12:10 PM
(My missus has FB, the targeted advertising is both annoying and very creepy…😂)