Author Topic: Buying an old classic  (Read 1099 times)

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Offline AJC500

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Buying an old classic
on: February 23, 2019, 09:59:49 AM
Laughed at this - decoding adverts for classic bikes -
 
What they say                                       What they mean
Rare bike                                             No one wanted it in 1985 either
Good investment                                        Canít possibly depreciate any more
Easy restoration                                         Took it to bits, havenít lost many parts
90% complete                                            Took it to bits, have lost too many parts
Just needs carbs setting-up                          Tried everything, still wonít run properly
Rare colours                                                Itís not brown/beige, itís urban tiger
One-off paint scheme                                   Itís been crashed
Polished frame                                             Itís been badly crashed (or stolen)
Needs engine work                                       Was seized, but I freed it off
Rebuilt engine                                              New spark plugs
Turns over but we havenít run it                    Because it needs a full rebuild
One owner                                                   Canít sell it
Many new parts                                            Always breaking down
Will sail through MoT                                     No it wonít
Low mileage                                                 New clocks fitted
Tuned engine                                               Doesnít run right
No offers                                                     Thatís why itís still for sale
Lost the V5                                                  Itís stolen
Selling for a friend whoÖ
ÖHas moved abroad                                      Itís stolen
ÖDoesnít have eBay account                          Itís stolen
ÖDoesnít have computer                                Itís stolen
ÖIs working abroad                                        Itís stolen
 :745:
Full article is here - https://www.bennetts.co.uk/bikesocial/classic-bikesocial/buying-advice/how-to-buy-your-first-classic-bike
The Story So Far.........
2017-2019: 12000mls recreational use - 89.73mpg UK; 74.72mpg US; 3.15litres/100km

Offline Jonathan

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Re: Buying an old classic
Reply #1 on: February 23, 2019, 10:05:44 AM
*Originally Posted by AJC500 [+]
Laughed at this - decoding adverts for classic bikes -
 
What they say                                       What they mean
Rare bike                                             No one wanted it in 1985 either
Good investment                                        Canít possibly depreciate any more
Easy restoration                                         Took it to bits, havenít lost many parts
90% complete                                            Took it to bits, have lost too many parts
Just needs carbs setting-up                          Tried everything, still wonít run properly
Rare colours                                                Itís not brown/beige, itís urban tiger
One-off paint scheme                                   Itís been crashed
Polished frame                                             Itís been badly crashed (or stolen)
Needs engine work                                       Was seized, but I freed it off
Rebuilt engine                                              New spark plugs
Turns over but we havenít run it                    Because it needs a full rebuild
One owner                                                   Canít sell it
Many new parts                                            Always breaking down
Will sail through MoT                                     No it wonít
Low mileage                                                 New clocks fitted
Tuned engine                                               Doesnít run right
No offers                                                     Thatís why itís still for sale
Lost the V5                                                  Itís stolen
Selling for a friend whoÖ
ÖHas moved abroad                                      Itís stolen
ÖDoesnít have eBay account                          Itís stolen
ÖDoesnít have computer                                Itís stolen
ÖIs working abroad                                        Itís stolen
 :745:
Full article is here - https://www.bennetts.co.uk/bikesocial/classic-bikesocial/buying-advice/how-to-buy-your-first-classic-bike

not forgetting the oxymoron..."future classic"

Offline ThirtyOne

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Re: Buying an old classic
Reply #2 on: February 23, 2019, 01:44:53 PM
 :008: 100% accurate.

Missing (grammar mistake on purpose):

$1,000's in add-on's = I added each one up added that to base value of the bike because I think I'll get a 100% return on my money.

Negotiable/OBO = I'm flexible within about $50-100 of my asking price.

Offline Samsgrandad

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Re: Buying an old classic
Reply #3 on: February 23, 2019, 01:55:44 PM
I have found generally that today's Lemon is tomorrow's classic, and normally a big money pit!!

But I still have a couple!!!