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Post by icarus001 on Mar 5, 2022 5:19:08 GMT 1
RD's seem to be advertised at high prices but there is never any shortage of them, there are always loads for sale. Contrast that against TZR250-2ma's and there don't seem to be many about, a proper 2ma occasionally comes up on ebay but not that often, once a month max maybe. There is always normally a couple of TDRs for sale, high prices now but they're available. Just my luck I have an LC and a TDR, but no TZR I'm surprised that RDs still command high prices when it seems that supply is more than demand. Most of us are in the 50-65yrs old bracket, so I wonder how long the prices will stay high, the covid season seemed to push prices up but if supply remains constantly high then surely it's only a matter of time until prices fall.
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Post by reedpete on Mar 5, 2022 7:16:33 GMT 1
In my opinion….Not quite… If supply outstrips demand, prices fall…..we don’t have that currently. All those bikes for sale are at speculative prices… higher than most would care to pay and consequently they remain for sale….but no one is dropping the price to shift them. Contrarily , it’s exactly the occasional purchase at the price ceiling that provides the upward pressure.
Much written about the so called ‘bubble’ in other threads. The ageing of the owner demographic will determine when supply starts to outstrip demand but with most of us not even yet retired so I don’t see that happening anytime soon. In 15-20 years maybe…
However I agree that in contrast to how many LCs there are in the UK. ( now that we have rinsed them all from mainland Europe and beyond) 2MA are to be found in far fewer quantities as is the following they attract. Need to remember that the 2MA is from a time after the Lerner legislation changed… the LC exists in such quantities in part because it was the last of the L plate 250s. Prices of all two-strokes and tasty stuff from our youth are on the move … again debated extensively in other threads. 2MA are part of that.
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Post by yamnewbie on Mar 5, 2022 9:30:06 GMT 1
Does it really matter if the bubble burst,I will still enjoy my LC and other 80s two strokes that I own and had in my youth,for me its about the enjoyment of the bikes not the money.
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Post by jon on Mar 5, 2022 9:41:42 GMT 1
Does it really matter if the bubble burst,I will still enjoy my LC and other 80s two strokes that I own and had in my youth,for me its about the enjoyment of the bikes not the money. I couldn’t agree more. However if the ‘bubble’ does burst it will mean you should have to pay less for spares to keep yours on the road. Jon
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Post by headcoats on Mar 5, 2022 12:37:01 GMT 1
Let the bubble burst, I have a sharp pin here !
Lance the f##ker LOL
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Post by JonW on Mar 5, 2022 12:41:32 GMT 1
yep, dont care about bubbles... cheaper projects would suit many of us!
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Post by headcoats on Mar 5, 2022 12:52:58 GMT 1
That's why I like my Triumph Bonneville 2002 as it was cheap and loads of spares about as they made it for 15 years
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Post by reedpete on Mar 5, 2022 13:33:01 GMT 1
yep, dont care about bubbles... cheaper projects would suit many of us! Agree, cheaper projects would suit all of us….just don’t think anyone should hold their breath here in the UK waiting for it to happen anytime soon. Most folks probably hang onto them until they are physically incapacitated by age such that riding becomes impossible. However being as light as they are we may well be able to wobble around on them in our 80s. Might have to step away from the heavier bikes in the meantime.
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Post by liffy16 on Mar 5, 2022 13:54:43 GMT 1
Agree with many on this thread love my 250/350lc 350n1 not really bothered what there worth, although it's nice to know there appreciating,what I don't get is the price of rd500s they are just stupid money
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Post by arrdy350 on Mar 5, 2022 15:27:03 GMT 1
I think the 500's will always be up thier in price because for most people their icons rode them and they grew up with them on TV. I brought my bikes because that is what I am interested in anything twostroke also when some of the best bikes where made IMO. My bikes are all older then me as well.
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Post by chrisg on Mar 5, 2022 15:37:38 GMT 1
Does it really matter if the bubble burst,I will still enjoy my LC and other 80s two strokes that I own and had in my youth,for me its about the enjoyment of the bikes not the money. I couldn’t agree more. However if the ‘bubble’ does burst it will mean you should have to pay less for spares to keep yours on the road. Jon On the other side of the coin, if you pay 10k for a minter and the bubble burts then your left with a 6k minter that you will never get your money back. Some may be happy with that others may not.
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Post by icarus001 on Mar 6, 2022 5:43:07 GMT 1
I couldn’t agree more. However if the ‘bubble’ does burst it will mean you should have to pay less for spares to keep yours on the road. Jon On the other side of the coin, if you pay 10k for a minter and the bubble burts then your left with a 6k minter that you will never get your money back. Some may be happy with that others may not. I've said this before but I reckon my LC cost me about £12k to get it fully restored to better than new - I farmed a lot of it out because I didn't have the time to do it myself. In my mind it's a £5-6k bike, so I wasn't doing it for the money and I'm still not convinced that I'll ever get back what I put into it. The problem is that a lot of people want back what it's cost them and that's especially true with the 500's, you can easily end up spending a lot of money for a 500 engine rebuild and cosmetic work. I'm not really bothered if they go up or down, I'm not buying or selling, although I'd prefer them to keep going up I suppose because they will be for sale one day.
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Post by liffy16 on Mar 6, 2022 10:13:37 GMT 1
You can still get a good 350 for 8k ish compared to the rest of the classic two stroke market I would say that's a reasonable price ,don't think the bubble has burst its just things have calmed down a bit ,things were getting a bit out of hand,still think 500s are overpriced though 😁
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Post by 17again on Mar 6, 2022 10:27:29 GMT 1
Rg 250 gamma are still cheap to buy
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Post by jon on Mar 6, 2022 10:41:44 GMT 1
icarus001 Have you actually ridden a 2MA any distance? I haven’t myself, but rode an F2 for years as daily transport back in the day, and thought nothing of it. On a whim I bought another one a few years back. It’s a totally different riding position to my LC. I would have to seriously think before riding it any distance these days. Jon
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Post by steve h on Mar 7, 2022 1:58:42 GMT 1
I couldn’t agree more. However if the ‘bubble’ does burst it will mean you should have to pay less for spares to keep yours on the road. Jon On the other side of the coin, if you pay 10k for a minter and the bubble burts then your left with a 6k minter that you will never get your money back. Some may be happy with that others may not. I hope house prices go the same way, they deserve it for pricing our grandchildren out of the housing market. What we need is interest rates back up to what they were in the eighties. If you pay £10k for a £5k bike then tough...should of bought 3 mintish big GPZs....
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Post by icarus001 on Mar 7, 2022 6:17:23 GMT 1
icarus001 Have you actually ridden a 2MA any distance? I haven’t myself, but rode an F2 for years as daily transport back in the day, and thought nothing of it. On a whim I bought another one a few years back. It’s a totally different riding position to my LC. I would have to seriously think before riding it any distance these days. Jon I had one as my first 'big' bike after passing my test and I went to work on it and holidays for a couple of years. I'm not sure I want another one, but the temptation is there through nostalgia. I sold my N1 because of the riding position and preferring my LC, so you're probably right that a TZR wouldn't get much use.
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Post by steve63 on Mar 10, 2022 13:58:18 GMT 1
On the other side of the coin, if you pay 10k for a minter and the bubble burts then your left with a 6k minter that you will never get your money back. Some may be happy with that others may not. I hope house prices go the same way, they deserve it for pricing our grandchildren out of the housing market. What we need is interest rates back up to what they were in the eighties. If you pay £10k for a £5k bike then tough...should of bought 3 mintish big GPZs.... The young uns keep whinging about house prices as if it was easy for us in the 80's. Funny, I don't ever remember it being easy. I do remember working 76 hour weeks, riding a Suzuki A100 to work 7 days a week in all weathers and going without stuff just to afford the payments . We bought our house at 1988 prices whilst earning 1988 wages. Mind you we didn't have a mobile phone, Netflix, Amazon Prime, Sky and car PCP payments as "essentials" in 1988.
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Post by steve h on Mar 10, 2022 14:36:24 GMT 1
I could of bought a decent terraced house in my local town for 2/3 of a yearly wage in the eighties, my plumber mate did... in cash. £120 and upwards now....."Set for life" lottery winnings yearly amount now.....
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jam911
Thrash Merchant
Posts: 376
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Post by jam911 on Mar 10, 2022 20:15:14 GMT 1
I often hear the argument that " the people who buy these are dying out, so the prices will fall "...but in that case all cars and bikes from the 1920's would be worthless ... clearly this is not the case...
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Post by steve63 on Mar 10, 2022 21:24:21 GMT 1
I suppose it depends on where you live but we paid 40k for our first house in 1988 and I earned about £150 a week before tax. Using the inflation calculator that works out at 111k and £427. A house a couple of doors from my old one sold for 118k in 2018 and the trade guys are on something around £420. So not a massive difference.
My old man though only paid £2,500 for his first house in 1960, the lucky barsteward, absolute bargain. I should have been born in 1933! My Grandads house only cost him about a Shilling a month, even more of a steal! You see each generation moans about something the generation before them had.....like dodging German bombs, Rickets and rationing.
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Post by steve63 on Mar 10, 2022 21:32:26 GMT 1
I could of bought a decent terraced house in my local town for 2/3 of a yearly wage in the eighties, my plumber mate did... in cash. £120 and upwards now....."Set for life" lottery winnings yearly amount now..... My mate and his new Mrs were looking for their first house and I was selling mine. It was a 3 bed semi. He showed her it and she said no, she wanted a detached house. She had said previous that she wanted a white Range Rover. He later told me, " my Mrs is not really into personal possessions" mmm said I, like a white Range Rover and a detached house, yes I can see that. Champagne lifestyle, lemonade wages some people.
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jam911
Thrash Merchant
Posts: 376
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Post by jam911 on Mar 10, 2022 22:44:12 GMT 1
People also forget before the early 80's it was not easy to get a mortgage
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Post by shaunthe2nd on Mar 10, 2022 23:05:38 GMT 1
My first mortgage had 13% interest. Almost unbelievable. In essence meant I had to hand over 13% of the mortgage back to the Building Society each year to to stay neutral. Kids these days don't know they are born!
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Post by jon on Mar 11, 2022 0:47:00 GMT 1
I’ve only bought one house so don’t know how it’s done these days? I imagine loads of filling out forms online?
When I went for a mortgage I remember having to go and see the bank manager of my local branch for a ‘chat’ / interview.
Jon
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Post by steve h on Mar 11, 2022 1:20:58 GMT 1
I've never owned a house...never will. Grew up in a caravan...
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Post by JonW on Mar 11, 2022 3:12:44 GMT 1
I’ve only bought one house so don’t know how it’s done these days? I imagine loads of filling out forms online? When I went for a mortgage I remember having to go and see the bank manager of my local branch for a ‘chat’ / interview. Jon Always dreaded that 'interview' where you go cap in hand and beg and they look at everything your saying like youre a liar lol Mort used to be 3x annual salary, i expect now its more isnt it or few could buy a house?
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Post by dusty350 on Mar 11, 2022 7:58:35 GMT 1
Both my kids are buying their first flat, both at the same time ! My daughter (27) has saved for years, as has my son (24). We have kept an eye on prices for the last couple of years, thinking Brexit, then Covid may have made things more affordable for them, but prices have kept going up, so it's now or never. So, a 1 bed flat for Hannah cost 250,000, and Sam's 237,500. Both on a 40 year mortgage, cost - just over 500 a month. Since the process began, a war has started, and fuel costs threaten to dwarf the mortgage costs, so we dont know if they will actually be able to afford to live in them going forward Still, if Putin presses the button, it makes it all irrelevant anyway
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Post by firmstools on Mar 11, 2022 9:23:26 GMT 1
40 year mortgage? When I was in my 20s I was only planning 1 week ahead!
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Post by liffy16 on Mar 11, 2022 11:47:58 GMT 1
40 year mortgage? When I was in my 20s I was only planning 1 week ahead! When I was in my twenties I didn't know if I would make it to next week 😂
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