SOHC.co.uk Forums > CB750
Could do better.
Nurse Julie:
Or you can just ride and enjoy 😊😊😊
Sesman:
Oh, yes. Definitely the best option and what I understand to be the primary reason behind ownership….Just saying.
Trigger:
--- Quote from: Laverda Dave on March 17, 2022, 08:53:06 PM ---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!
--- End quote ---
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 ;)
Laverda Dave:
--- Quote from: Trigger on March 18, 2022, 06:57:22 AM ---
--- Quote from: Laverda Dave on March 17, 2022, 08:53:06 PM ---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!
--- End quote ---
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 ;)
--- End quote ---
Sorry Trig you have, I'll give you 99p ;)
Lobo:
I’d agree (ie to declining values), but for different reasons.
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.
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