SOHC.co.uk Forums > CB500/550

The Cost of A rebuild!

(1/4) > >>

philward:
Having just completed the total rebuild of my 500k2 (just waiting for DVLA registration) and after I finish a rebuild, I put together a rebuild record of receipts and photo album of the rebuild.
Thought I'd share the results for your interest.
Added up all the receipts and here are the results:-
Engine rebuild parts - £801.73
Total parts (inc engine) and tank/side panel paint labour/clock refurb (Peter Horton) - £5822.71
Bike cost - £1,320
Hence total £7,142.71!
And thats me doing everything myself except the tank/side panel paint and clock refurb. So imagine what the cost would be if I farmed out engine rebuild, ultra sonic cleaning, zinc plating, frame/etc paint, polishing, etc, etc
Its a good job I enjoy resto's as I would struggle to get my money back (its a keeper anyway).
Having a break from back to original resto's - and the above is the main reason as I retire next month.

royhall:
You probably have £1500 just in the exhausts. Surprising how quickly it adds up. When you buy the bike it always looks like it will be a quick cheap build and then the perfectionist kicks in. Fortunately I have always managed to do them for a fair bit less than they are worth. Enjoy the retirement.

McCabe-Thiele (Ted):
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.

philward:

--- Quote from: Macabethiele (Ted) on April 17, 2021, 10:39:40 PM ---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.

--- End quote ---
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

Johnny4428:
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) 😂😂😂

Navigation

[0] Message Index

[#] Next page