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Post by JonW on Jul 11, 2020 14:06:19 GMT 1
I guess if it's yours (which i assume it must be?) then you can ask what you like of course, it just seems a vast amount of money for a 500 thats not finished yet even in this market. Painting and doing the last bits takes both time and money which I assume is why that's not been done that yet.
I do believe that this will be a lovely bike when its finished for sure and I know there are a lot of nos (and not cheap) parts in with the deal and that the markets are different but here in Aus £20k (Au$40k) would buy you a very low mileage bike with £5000+ change and it would be ready to go.
I guess if you can sell it for 20k then all power to you, but i think thats all its money even when complete.
I guess our views differ on this.
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Post by 500anorak on Jul 11, 2020 19:32:42 GMT 1
I guess if it's yours (which i assume it must be?) then you can ask what you like of course, it just seems a vast amount of money for a 500 thats not finished yet even in this market. Painting and doing the last bits takes both time and money which I assume is why that's not been done that yet. I do believe that this will be a lovely bike when its finished for sure and I know there are a lot of nos (and not cheap) parts in with the deal and that the markets are different but here in Aus £20k (Au$40k) would buy you a very low mileage bike with £5000+ change and it would be ready to go. I guess if you can sell it for 20k then all power to you, but i think thats all its money even when complete. I guess our views differ on this. Hi jonw Yes it's mine. You still haven't answered my question on what price it should be now so how can our views differ? I have no interest in the market in Australia, i am in the UK and the bike is in the UK and i am selling it in the UK. If you had read the listing correctly then you would know it has nothing to do with money,it's purely time. It will be a lovely bike when finished it's not a lashed up 500 project bike like some that are being done.
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Post by flames on Jul 11, 2020 19:55:43 GMT 1
Money no object, I would have it in a flash. It wouldn't b an ornament tho. Once run in, I would rag the bejesus out of it . Yes it's up for that price with 0 miles, and as soon as it goes out the value is gone, but to me, it's a once in a lifetime opportunity to ride a brand new rg500. That would be priceless to me. I may be odd but I don't buy anything for resale value .and if I bought it,I probably wouldn't ever think about selling it anyway. Unfortunately I will never be in that position and it's easy to say what I would or wouldn't do, but if I could and actually spent that kind of money on it,and the keys were in my hand, i may change my mind and give it pride of place in the conservatory. But then I would be in the same position I am now, still dreaming of riding a one off brand new zero miles rg500 only I would have a pocket full of cash.
Sorry I was replying to a post on 1st page. Didn't realize I had 2 more to go....have I ever mentioned I'm an idiot.😁
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Post by tacky1 on Jul 11, 2020 22:32:27 GMT 1
They are out there, I got this one in Brisbane 3 years ago for 14k USD, $1900 USD to get it to me via air freight, it was 1600 USD by sea but woulda taken 4 months!!! I powder coated all the black metals on it, the wheels and spent an ungodly amount of time buffing out the paint, New tyres and converted to 520 C&S, bored the carbs out and new jets and valves. Its all original, 6500KM bike. Runs like a new bike and gets rode regularly..
Oops, the belly pan is fiberglass, I had my painter paint it to match, The original was melted from leaky carbs.
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Post by JonW on Jul 12, 2020 0:19:16 GMT 1
I guess if it's yours (which i assume it must be?) then you can ask what you like of course, it just seems a vast amount of money for a 500 thats not finished yet even in this market. Painting and doing the last bits takes both time and money which I assume is why that's not been done that yet. I do believe that this will be a lovely bike when its finished for sure and I know there are a lot of nos (and not cheap) parts in with the deal and that the markets are different but here in Aus £20k (Au$40k) would buy you a very low mileage bike with £5000+ change and it would be ready to go. I guess if you can sell it for 20k then all power to you, but i think thats all its money even when complete. I guess our views differ on this. Hi jonw Yes it's mine. You still haven't answered my question on what price it should be now so how can our views differ? I have no interest in the market in Australia, i am in the UK and the bike is in the UK and i am selling it in the UK. If you had read the listing correctly then you would know it has nothing to do with money,it's purely time. It will be a lovely bike when finished it's not a lashed up 500 project bike like some that are being done. I'll step away to keep things peaceful. The buyer when they come along will tell us both if youve priced it right.
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Post by icarus001 on Jul 12, 2020 4:05:33 GMT 1
If you had read the listing correctly then you would know it has nothing to do with money,it's purely time. It's your bike, your prerogative, you can put it up for a million quid if you want, but putting it up for huge money and then claiming it's not about the money is a bit incongruous. I've only sold a few two strokes in the last ten years, so I put what I think was a fair price to an enthusiast and advertised on here, they all sold within a few days, so they weren't over priced and it really wasn't about the money. But you've put it up for a price so high that it's stimulated discussion and surprise from some people. It's a nice collection of parts and if you get the money then fair play, but the bikes on ebay are driving prices up and some people feel strongly about it, as long as we're being respectful and not throwing insults around I don't see why anyone should be afraid to discuss prices. If you're interested in my opinion, then to me I think it's worth £12k, I'd spend another couple of grand getting a top notch spray job and finishing a few bits off and then I'd have a bike worth £14-15k and I'd be happy at that. But if it sells at £20k then I'm wrong and fair play, I wouldn't fall out with you over it, it's just an opinion.
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Post by icarus001 on Jul 12, 2020 4:12:48 GMT 1
They are out there, I got this one in Brisbane 3 years ago for 14k USD, $1900 USD to get it to me via air freight, it was 1600 USD by sea but woulda taken 4 months!!! That's cheap for air freight. It cost me almost £3k to ship an old 1991 CBR600 from my house in the UK to Dubai just so I could do a track day on it, the bike was only worth £1500 Everyone said I was nuts but that's the bike I wanted to ride. The £3k included taxes and registering it for the road, and it's really expensive to route it that way, took four days from garage to garage. When I eventually end up shipping it back it will cost around £2.5, so I'll end up with a 1991 CBR600 that is a bit rough but worth about £7k to me. I've done the same with a couple of bikes so they all owe me more than I'd ever get back if I sold them, but then it's not about the money
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Post by veg on Jul 12, 2020 8:34:20 GMT 1
The market for these bikes is frankly ridiculous (as are 4l0’s etc) The bike is what a two stroke that doesn’t handle particularly well, isn’t particularly fast isn’t that iconic and in my eyes not really that stylishl. They were never that sought after back in the day hence sales figures and that dealers were selling them new long after they had ceased to be imported. They were the kiss of death as a used bike in late 80-early 90’s. The Rg500 was always seen as superior in every respect and had far more of a cult following, maybe as the price for these sky rocketed and demand fat out stripped ( in the Uk) supply this led to the inevitable rise in values, this was probably the precursor to the consequent rise in rd500 values as buyers saw how rg prices were going as did sadly investors. It’s been the same since time immemorial it’s how capitalism works. However not every market place is the same as the Uk there are cheaper ( more reasonably priced) bikes available if you know where to look ( well until the dealer/investors find them) then what happens is people in other markets switch on and boom prices repeat. I for one have absolutely no interest in a 500 price wise they are ridiculous for the riding experience per pound, they hold no appeal visually so as art they don’t do it for me I’d rather have a couple of icons like a 4l0 parked in the hallway. Bikes are for using I’d rather have a tatty this than a show queen that, if you invest considerable money in a bike because they appear to be increasing in value and sellers keep banging on about these inanimate objects being investments and better than cash in the bank wouldn’t you be wary of using it in case you devalued your investment ( there should for me be a ban on this type of talk in adverts , who regulates it? How do you know they’ll continue to climb? Do you offer a guarantee? Cash back if my investment fails? ) Prices it seems will continue to rise until bang they don’t I’ve said it before these aren’t Ferrari 250gto’s or Honda nr750’s these are a production bike that had limited appeal in the day not an icon or even the best example of a 500 two stroke. They are also getting priced out of reach of most working people unless they are persuaded that they are rock solid investments. I feel for those convinced they are investments and I get really pissed off with those using the language of financial markets it’s misleading at best. So if I were buying one I’d do my research I would look at foreign markets where they are cheaper and buy from there, I wouldn’t buy from the Uk due to the unscrupulous nature of some sellers that seem to pluck magical numbers from the air and add 20% with no other merit than they can and it’s in their garage or those diversifying into the markets, but then again I don’t want one so it ain’t my problem.
If sellers are so confident in their pricing put it to auction if there is a desire the market will show it, just stop constantly trying to manipulate the market.
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Post by LC_BOTT on Jul 12, 2020 8:57:27 GMT 1
I always thought it boiled down to the fact, they were the only 4 cylinder 2 strokes??? Therefore rare and desirable, never to be repeated (barring Suiter at £100K etc)
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Post by Deleted on Jul 12, 2020 9:27:00 GMT 1
Regarding the RD500
Lots of us on here put in time to restore the bikes we have bought either as boxes of bits or a rolling chassis or a complete bike, no matter what condition we acquired them in, they all need work, parts etc of some sort or another
Whether we can confidently charge for that work that we have done or the time we have taken searching for parts is the crux of the matter, whether we can preemptively charge for work that hasn’t been done is another
Not all labours of love get that reward, plenty do not, as evidenced both in the auction market or the forum market
IF you get that reward for the labour of love then fair play to you, if not then you will know you’ve priced the bike too high and people aren’t interested in how much time and effort you put in
The market will decide who is right and who is wrong
Then there is the issue of who did the restoration, the rebuilding of the engine, I know not if you are a painter, panel beater or mechanic, however that aside, these questions will have some bearing on the price too
Not all engine builders like there name being used without their permission and that is a very good reason for you not to advertise that, so kudos there, paperwork does talk though
Either way GLWTS
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Post by icarus001 on Jul 12, 2020 10:35:06 GMT 1
For me an RG500 was a poster bike, I had a Gamma 125 and always wanted the bigger brother, but by the time I could afford one there were better bikes available, for example that 1991 CBR600 I mentioned above is better in every way, so I never scratched the itch.
A few years ago a bloke I know bought a mint 500 for a price I thought was very high, he'd done well in life and splashed out - but he kept it less than a year and sold it, he said it was a big disappointment.
So I'm on the fence, I'd love to have one to look at and occasionally ride, but they're not fantastic bikes, so you'd have to really want one at these prices and it might end up being a pain if you have issues.
They're worth what people will pay I suppose, I'm interested to see where prices are in a year from now.
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Post by hoist1 on Jul 12, 2020 15:37:53 GMT 1
Regarding the RD500 Lots of us on here put in time to restore the bikes we have bought either as boxes of bits or a rolling chassis or a complete bike, no matter what condition we acquired them in, they all need work, parts etc of some sort or another Whether we can confidently charge for that work that we have done or the time we have taken searching for parts is the crux of the matter, whether we can preemptively charge for work that hasn’t been done is another Not all labours of love get that reward, plenty do not, as evidenced both in the auction market or the forum market IF you get that reward for the labour of love then fair play to you, if not then you will know you’ve priced the bike too high and people aren’t interested in how much time and effort you put in The market will decide who is right and who is wrong Then there is the issue of who did the restoration, the rebuilding of the engine, I know not if you are a painter, panel beater or mechanic, however that aside, these questions will have some bearing on the price too Not all engine builders like there name being used without their permission and that is a very good reason for you not to advertise that, so kudos there, paperwork does talk though Either way GLWTS Hear, hear. Spot on.
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Post by veg on Jul 12, 2020 16:56:13 GMT 1
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Post by 500anorak on Jul 12, 2020 17:19:11 GMT 1
If you had read the listing correctly then you would know it has nothing to do with money,it's purely time. It's your bike, your prerogative, you can put it up for a million quid if you want, but putting it up for huge money and then claiming it's not about the money is a bit incongruous. jonw was assuming that the painting and other jobs hadn't been done because of time and money and i was pointing out the reason was the time and not the money as i had mentioned in the Ebay listing.
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Post by 500anorak on Jul 12, 2020 17:30:58 GMT 1
Hi jonw Yes it's mine. You still haven't answered my question on what price it should be now so how can our views differ? I have no interest in the market in Australia, i am in the UK and the bike is in the UK and i am selling it in the UK. If you had read the listing correctly then you would know it has nothing to do with money,it's purely time. It will be a lovely bike when finished it's not a lashed up 500 project bike like some that are being done. I'll step away to keep things peaceful. The buyer when they come along will tell us both if youve priced it right. Goodbye
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Post by veg on Jul 12, 2020 18:09:33 GMT 1
The title of this thread was rg/rd500 opinions the OP asked for individuals thoughts and opinions. These have been given and just because you may not agree with an opinion doesn't mean yours is any more or less relevant. In my opinion they are not worth the money however were i selling one for top dollar i would have to justify that price, what i wouldn't do is imply others bikes are lesser or lash ups esp when i have not had chance of viewing them. Money the root of all evil and the cause of conflict far too often. Me id rather sit in the sun with a cold beer a lit stoggie surrounded by those who love me than allow avarice to warp my sense of what's is truly important.
To the original poster Icarus whatever you choose to do buy or not rg or rd enjoy it or the decision, take it easy.
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Post by veg on Jul 12, 2020 18:16:47 GMT 1
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Post by iwantalc on Jul 12, 2020 18:43:04 GMT 1
never had either nor will i ever be able to afford 1,, but if i won the lottery rg 500 all day long
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Post by 500anorak on Jul 12, 2020 18:45:10 GMT 1
That is a lovely bike
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Post by peddrotzr on Jul 12, 2020 18:49:36 GMT 1
The Spondon F2 Bike is great and they are quite rare now. Also it’s great value for the money If I had the spare cash I would have it in an instant as I already have a TT:/F1 Spondon Yamaha 500.
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Post by veg on Jul 12, 2020 18:55:59 GMT 1
Johnny you know you want it
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Post by bigdork on Jul 12, 2020 23:46:05 GMT 1
To each their own. I'd rather have a well sorted RS250 or Mito hybrid. Parts are more available and much more likely to be ridden. If I want an investment or something to look at there's better opportunities just about anywhere.
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Post by icarus001 on Jul 13, 2020 2:40:06 GMT 1
It's your bike, your prerogative, you can put it up for a million quid if you want, but putting it up for huge money and then claiming it's not about the money is a bit incongruous. jonw was assuming that the painting and other jobs hadn't been done because of time and money and i was pointing out the reason was the time and not the money as i had mentioned in the Ebay listing. Ahh my apologies then, I misunderstood. Now it makes sense. I understand the money vs time thing, my LC sat for two and a half years with a seized engine because I didn't have time to sort it, so in the end I paid someone a crazy amount to do a full show standard restoration, but now it owes me almost double what I'd get back. And my TDR is running and MOT'd but needs a cosmetic refurb, I've got all the NOS to make it look like new, and I've been threatening to do it for three years now....but no time. In fact apart from the LC all my bikes are in various states of refurb, I usually sacrifice enough time to get them up and running so I can at least ride them, and then put the cosmetics on the list of things to do when I retire.
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Post by icarus001 on Jul 13, 2020 2:49:34 GMT 1
I don't like it mate, I know what it is and I can appreciate it, but I think I'm probably too young for it to fit into my dream bikes, by the time I was 17 the TZR/RGV/KR1 was out, so that's my era, but the reason I like LC's and early valves is because we was poor and at first that's all we could afford, so we rode those at college, and now it's a nostalgia thing. Ironically as soon as I could afford one of the 250's I ditched the LC/YPVS and wouldn't have been seen dead on one, they were old hat and we all wanted the latest machinery. And whilst we were poor, we weren't that poor that we rode air-cooled RDs, you couldn't give them away, I'd have caught the bus before riding one Funny how times change.
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Post by veg on Jul 13, 2020 5:41:58 GMT 1
I’m not much older at 51 like you at the time working in the bike trade I couldn’t afford tor’s or kr1s but the stuff coming in a px that was cheap hence lc’s but I wasn’t into the ac rd they were my older brothers generation (5yrs older) I couldn’t afford a new bike until I was 21 then it was a zxr750j1. Lc’s were always special for me I’d wake early and just go out riding. Today I’m cash rich and time poor hence my tz Lc taking 3 yrs to get onto the road
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Post by 500anorak on Jul 13, 2020 18:02:05 GMT 1
jonw was assuming that the painting and other jobs hadn't been done because of time and money and i was pointing out the reason was the time and not the money as i had mentioned in the Ebay listing. Ahh my apologies then, I misunderstood. Now it makes sense. No worries, it was just a misunderstanding I hope you found the opinions you were asking for interesting.
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Post by icarus001 on Jul 14, 2020 5:24:08 GMT 1
No worries, it was just a misunderstanding I hope you found the opinions you were asking for interesting. Yeah it's always a discussion that interests me, like most on here I've managed to find enough disposable income along the way to buy a few things that might be considered boys toys, and the value (real and perceived) is always an interesting talking point. At some point the engineering and costs of production becomes insignificant and the 'value' of a thing becomes about demand and perceived value - like a Rolex watch I suppose. My personal view is that everything has a perceived value, but I do get frustrated when I think someone is taking the piss, especially if they're then sold on to speculators that have no interest in the thing they're buying beyond it's capability to generate more money. What you end up with then is these things disappear from view and sit in collections that don't get used. On the other hand, anyone I know personally with an expensive classic bike limits it's use anyway for fear of engine wear and rebuild costs, plus the 500's aren't that nice to ride compared to the modern bikes they have (or even a well sorted 350), so they're a hard bike to price and weigh up. Like I said, I'll be interested to see where they are in 12 months.
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Post by fozzy17 on Jul 14, 2020 8:39:14 GMT 1
my uk rg500 as the blanks on the fairing for indicators
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Post by muttsnuts on Jul 14, 2020 16:07:19 GMT 1
having worked on both bikes many times, in allsorts of states of tune and condition, personally if I had to choose one it woukd be the RG over the RD, but purely because it is easier (in general) to maintain IMHO, but if I was going to spend £15k or my hard earned, I'd have one of my hybrids any day over either bike, my current new build (if I ever get time to get back to it), will by twice the bike, handle better, have more horses, look better and far more unique, but then, that's what i prefer - each to their own I do know of a few owners who have said the same ....... it was the 2 most happy days they had, the day they bought the 500 and the day they sold it ! - having worked on so many, and seen first hand the pain they can inflict on your wallet, I fully understand !
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Post by Deleted on Jul 14, 2020 17:33:28 GMT 1
It might look shite, it might handle shite, it might not go very well, but a 4 cylinder 2 stroke is the most wonderful sound ever. Sometimes I fire mine up just to listen to them :-)
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