|
|
Post by dodgyknees on Jul 21, 2024 14:22:35 GMT 1
Wow 3.5k for that ? Might be low mileage but it needs as much work as any other uncared for bike
|
|
|
|
Post by abar121 on Jul 21, 2024 14:24:10 GMT 1
That'll be 5k+ soon.
|
|
|
|
Post by dodgyknees on Jul 21, 2024 14:37:45 GMT 1
Would not have thought it was economically viable ?
|
|
|
|
Post by stevesmith on Jul 21, 2024 15:51:13 GMT 1
Low miles,1 owner,UK Matching - very desirable.
I reckon £6250
|
|
|
|
Post by midlifecrisisrd on Jul 21, 2024 16:01:58 GMT 1
|
|
|
|
Post by dusty350 on Jul 21, 2024 16:55:46 GMT 1
None of them are economically viable !!  |
|
|
|
Post by dodgyknees on Jul 21, 2024 18:23:40 GMT 1
4.5 k already first bidder still winning 6 days to go
|
|
|
|
Post by chrisg on Jul 21, 2024 19:15:55 GMT 1
Some folk will pay a premium to get an "un touched bike" and refurb it to their liking. Does look a good starting point, but not the price.
|
|
|
|
Post by JonW on Jul 22, 2024 1:42:08 GMT 1
5.3k at the mo.
Defo a desirable 'spec', but as usual projects are overvalued compared to done bikes.
|
|
|
|
Post by urbantangleweed on Jul 22, 2024 8:07:38 GMT 1
That's mental, it's going to need at least £2000-£3000 and 100 hours throwing at it to get it anything like sorted.....
"V5 is present in the original owners name", is that a potential issue assuming the seller isn't the original owner?
n***3 wants it badly, so does t***6, but with the latter having a feedback score of only 4 compared to 587 for n***3, they might be bidding for fun rather than to buy.....
|
|
|
|
Post by chrisg on Jul 22, 2024 8:22:17 GMT 1
I suppose technically he/she cant sell the bike because its not his to sell unless he has a letter of authority to do so.
|
|
|
|
Post by midlifecrisisrd on Jul 22, 2024 8:51:14 GMT 1
I've seen the v5 signed but not dated
Also signed by the seller who isn't on the doc
Only bought 1 from a deceased person's estate
Had a dvla letter acknowledging the death and authorising the person to sell
I've seen bikes on the 3rd owner and v5 not changed as they aren't going to use it, won't keep it forever and want to keep the 1 owner which technically ain't true
Steve
|
|
|
|
Post by midlifecrisisrd on Jul 22, 2024 8:52:28 GMT 1
But
Says on v5 it's the registered keeper, NOT the legal owner
Steve
|
|
|
|
Post by masonmart on Jul 22, 2024 9:22:19 GMT 1
It's insanity level. Many people don't realise what has happened to the market nor understand that there is no guarantee that it will ever recover. The UK economy is a basket case and people are maxed out with debt and other priorities. The UK was the nerve centre of insane prices for classic bikes but I reckon it's over not just for now but for good. Anybody paying these insane prices (guilty m'lud) will be disappointed. It's also true now that this is the time that YPVS parts aren't as readily available as they were and are increasing in price exponentially.
|
|
|
|
Post by urbantangleweed on Jul 22, 2024 10:43:43 GMT 1
It's insanity level. Many people don't realise what has happened to the market nor understand that there is no guarantee that it will ever recover. The UK economy is a basket case and people are maxed out with debt and other priorities. The UK was the nerve centre of insane prices for classic bikes but I reckon it's over not just for now but for good. Anybody paying these insane prices (guilty m'lud) will be disappointed. It's also true now that this is the time that YPVS parts aren't as readily available as they were and are increasing in price exponentially. Another thought I had was that maybe it will be bought by one of the raffle ticket companies. Even if the total cost restored to a good standard is £10,000, at £1.99 a ticket for say 10,000 tickets, there's still towards a £10,000 profit in it? |
|
|
|
Post by midlifecrisisrd on Jul 22, 2024 13:52:37 GMT 1
Yes the bottom has fallen out the market (although let's face facts that it is just the Covid crazy price increase removed) but the true collector bikes will still make good money
Yes the price of this one seems crazy and by the time it's restored it will have cost a lot but given the usual points people ask for as in UK bike, matching no.s etc when you add in one owner and the stupid low miles that's what will attract the true collectors
The biggest blasphemy on this bike was the poor storage condition
Last 1 owner 5k mile bike I saw sold easily at £17k
Steve
|
|
|
|
Post by JonW on Jul 22, 2024 14:17:29 GMT 1
I've seen bikes on the 3rd owner and v5 not changed as they aren't going to use it, won't keep it forever and want to keep the 1 owner which technically ain't true Steve Law says the V5 needs to be updated and fines can apply... only dealers can avoid it AFAIK. Tho DVLA has been fighting this battle for 30+years lol The amount of folks who used to buy vehicles and say 'dont worry about the paperwork, I'll take care of that...'. hmmm... |
|
|
|
Post by chrisg on Jul 22, 2024 21:53:05 GMT 1
I suppose technically he/she cant sell the bike because its not his to sell unless he has a letter of authority to do so. The guy selling on behalf of his father in law who has dementia and his wife has PoA. So legit, although pricey. |
|
|
|
Post by steve h on Jul 22, 2024 22:41:30 GMT 1
It's an airfix kit to someone.. just a tad more expensive...
Should keep the buyer busy in a shed for a year.. ish, or acquire divorce proceedings.
Now where's that dam cheque book....
|
|
|
|
Post by archloafer on Jul 22, 2024 23:16:10 GMT 1
Yes the bottom has fallen out the market (although let's face facts that it is just the Covid crazy price increase removed) but the true collector bikes will still make good money Yes the price of this one seems crazy and by the time it's restored it will have cost a lot but given the usual points people ask for as in UK bike, matching no.s etc when you add in one owner and the stupid low miles that's what will attract the true collectors The biggest blasphemy on this bike was the poor storage condition Last 1 owner 5k mile bike I saw sold easily at £17k Steve 17 grand!! Was that restored, or unrestored original in outstanding condition? |
|
|
|
Post by urbantangleweed on Jul 23, 2024 6:59:47 GMT 1
Currently sitting at £6100 with 5 days to go......
|
|
|
|
Post by midlifecrisisrd on Jul 23, 2024 7:41:00 GMT 1
Yes the bottom has fallen out the market (although let's face facts that it is just the Covid crazy price increase removed) but the true collector bikes will still make good money Yes the price of this one seems crazy and by the time it's restored it will have cost a lot but given the usual points people ask for as in UK bike, matching no.s etc when you add in one owner and the stupid low miles that's what will attract the true collectors The biggest blasphemy on this bike was the poor storage condition Last 1 owner 5k mile bike I saw sold easily at £17k Steve 17 grand!! Was that restored, or unrestored original in outstanding condition? Original unrestored and in good condition Steve |
|
|
|
Post by urbantangleweed on Jul 25, 2024 21:35:36 GMT 1
Has it made all its money? Bidding frenzy came to a halt a few days ago....  |
|
|
|
Post by JonW on Jul 26, 2024 0:22:33 GMT 1
oof... its a lot of coin for what it is... unless its got gold bars in its tank and us on here just dont know?
|
|
|
|
Post by midlifecrisisrd on Jul 26, 2024 7:54:34 GMT 1
That's either the all the people who bid early are finished and the big hitters haven't shown their hand yet
Unusual to not get bid at the end
Steve
|
|
|
|
Post by urbantangleweed on Jul 26, 2024 8:00:53 GMT 1
That's either the all the people who bid early are finished and the big hitters haven't shown their hand yet Unusual to not get bid at the end Steve Could be there's people sitting on their hands ready to chuck in a higher bid in the dying moments. Whatever happens, it's made crazy money..... |
|
|
|
Post by reedpete on Jul 26, 2024 10:10:06 GMT 1
Always makes me smile when I see these listings with people bidding at anytime other than the last seconds… seems the majority don’t really get that although it’s called an auction… it’s not ! Traditional Auctions don’t have a fixed finished time… just the going going gone…
The fixed finished time means that the best blind offer ( or at-least an increment higher than the second highest best offer ) is the winner… if you want everyone to see your ‘walk away price’ then bidding early so everyone can see and respond is what to do… 🙈.. only helps the seller..
Who else see things like this?
|
|
|
|
Post by JonW on Jul 26, 2024 13:58:59 GMT 1
Always makes me smile when I see these listings with people bidding at anytime other than the last seconds… seems the majority don’t really get that although it’s called an auction… it’s not ! Traditional Auctions don’t have a fixed finished time… just the going going gone… The fixed finished time means that the best blind offer ( or at-least an increment higher than the second highest best offer ) is the winner… if you want everyone to see your ‘walk away price’ then bidding early so everyone can see and respond is what to do… 🙈.. only helps the seller.. Who else see things like this? me... but you knew that Pete.  |
|
|
|
Post by midlifecrisisrd on Jul 26, 2024 14:50:45 GMT 1
Yep, last minute ambush 🤣
Steve
|
|
|
|
Post by chrisg on Jul 26, 2024 15:55:32 GMT 1
My best guess is, £6251 or £6501  Obviously someone is paying a premium to restore it themselves or just sit on as an investment? Who knows, only time will tell. |
|
Obviously someone is paying a premium to restore it themselves or just sit on as an investment? Who knows, only time will tell.