House prices have gone from 20k average in 1980 to over 250k today a over 1100 percent increase, At the same time as 100 quid in 1980 now having the buying power of 19 quid lol , Slowly but surely the people have been milked dry doesn't leave alot for buying Motorcycles god help the young in this Country 🇬🇧
My plan was to sell up and leave broken, damp and miserable britain but the vile morons of little england trapped me in their 💩 hole of a country. I'd be back in Greece if it weren't for the gammon's brexit.
I'm coming up for 24 and have been workimg 2 jobs saving to do my direct access course and a bike for the last 2 years, after paying rent and council tax and money to survive I have £3.5k to show for 2 years of saving much as possible.
As a rider I'm glad prices are dropping. Unfortunately the 'investors' and Arthur Daley flippers, dealers and auction houses are trying to push them up. The car world has all manner of old tat being sold for stupid money, because of the 'investors'. Worse is that it also means the stupidly high price of parts. Who wants to pay $930 for a piece of abs plastic? or $250 for a set of oem piston rings?
I'm going on 71 and been riding most of my life and will continue for as long as I can. I currently ride a 2008 ZX14, which is feeling a bit heavy these days, but once rolling you forget the weight.
I'm 54 - ride my GSX1100ef every week, but youngsters can't afford a bike as an extra plaything, I know when I got a bike it was for transport before I was driving a car. But if you do that here in Oz it's a 50hr logbook thing. You can avoid that cost by having a car licence for 2 years but then you need a car!?!?!?. I took the ride around the block while the examiner stood on the pavement test back in the 80's.
It’s a predictable effect as buyers reduce in number, the quantity of beautifully restored motorcycles grows and in due course, their owners age out & their vehicles come up for sale. Not every bike will crash in short order, but I expect the mass market bike, currently fetching £20K, will in due course be almost unsaleable. It’s made much more likely because todays youth and those of the last generation or so rode bikes in ever smaller numbers. The peak was probably the late 1960s to the late 1970s. If you were a teenager then & rode bikes, and later took it up again, you’ll now be mid 60s to mid 70s. There aren’t enough behind us to want them. Enjoy them now and don’t concern yourself with illusory “investment value”. That was a real thing, but my hunch is it’s crested and will never recover.
Your perspective is quite insightful and highlights some important trends in the market for classic motorcycles. As the demographic that cherishes these bikes ages, the demand inevitably shifts. The peak interest period you mentioned, from the late 1960s to the late 1970s, is indeed a crucial factor in understanding current market dynamics. With fewer young enthusiasts to take their place, the market for these beautifully restored bikes will likely face significant challenges. Enjoying these motorcycles for their intrinsic value rather than viewing them as long-term investments seems like a wise approach. The market dynamics are changing, and while some bikes may retain their allure, many might struggle to find new homes at current prices.
flippers pushed the price of everything up,now that they are trying to unload their "investments" they finding out that there's no more flippers out there.Just because is old and rare does not mean is valuable,you have to have someone that wants what you are selling.
Will always be a market, it grows and shrinks based on cost not market saturation. In a market where the products only become rarer it's ridiculous to attribute decline to saturation. The cost of labour parts and initial purchase prices are all over inflated as happens with all popular hobbies . Eventually the hip pocket causes a correction.
As a friend said to me, you’re wearing rose tinted glasses when you look at the old classics. I owned all the popular bikes of the late seventies through to the mid eighties. But sitting on them now is like sitting on a powered ironing board, they don’t handle, they are slow and they are basic. My 1978 RD 250 with Mag wheels, coffin tank and self cancelling indicators cost me out the box £650. Now I’m looking at the new 2024 Fireblade, I owned the first Blade in 1992, cost me £6,800, the 1998 Blade cost me £6,400 on a special deal, this new Fireblade is priced at £24,000, in my mind £10,000 too much, especially when the identical CBR 600 is only £10,000. Now it would make close to £20,000.
There’s a lot of truth in that, but even though I agree with you with the price of new bikes, it still is in with inflation prices and your paying many for electronics now. Get yourself a royal Enfield Himalayan 450 and join the adventure world
But your missing the point new one's are shit boring look all the same got no sole..like all cars now are just crap..im 59 got a vfr750 looking at any other bike but dont want nothing after 2005..
@@Stigman101 New bikes are definitely not boring. The bikes I've had since the mid-90s have only got better with each generation, no comparison in my mind. The bikes I had up the 80s were way behind what is available now.
It didn't look like a bidding room full of bikers wanting a piece of their youth, it looked like it was mostly dealers wanting to make easy money, most vehicle auctions are heading that way nowadays.
petrichor649 Thats right. Just take a look at the age of the men looking at the bikes, almost none seemingly under 50. Owning bikes like these is an old mans hobby
The younger generation are a lot poorer than previous generations which means they can't afford a collection of bikes and a garage to work on them. For the young who do ride why would they buy a classic bike when they can get a modern retro with reliability, warranty and finance.
@@andypicken7848Of course it's older guys that are in to those bikes and can effort them, see its mainly nostalgie, good past memories and the like that attract them to those machines , same with the guys into classic cars, young guys wouldn't understand or get that, and wouldn't have the wealth of someone working for 40 years, also a lot of the time they are buying in to a social scene, with activities all year round, meeting people and belonging to something.
I had a 250 yamaha LC ,I payed £600, then 350 £650, both 82 model's should have put them in a garage 😅 now have a 1982 Honda cb250 super dream in nice condition 38,000 miles.. just keeps going & going, good old Honda 😊
We found a similar experience at the Stafford auction. Lots of these classics are not fetching what owners think they are worth. The RD250LC. I know it only had a couple of miles on it but no way was it worth the upper estimate. Everyone really wanted the 350 anyway. I bought a brand new one back in 81 for £1300 and rode it like a lunatic 😅 Nice job with the vid, good to hear Amy 👍
Certainly an interesting experience Richard. I guess some of these bike have already hit the appreciation. I noticed a lot of oversea buyers having a bid with good exchange rates in their favour. It’s always nice to have a walk around and reminisce over what we use to own. 👍
@@roderernst9990 Same here. You could have the 250LC on learner plates. So many of my fellow riders crashed these bikes. Way too fast for inexperienced people. Government changed the law the year after to a max of 125 on Ls
Several hundred have been imported into the UK from countries like Germany where they were also very popular but much better looked after. The LCs will see the biggest depreciation in the future. Many enthusiasts own more than one.
As someone in the car world pointed out, prices are determined by nostalgia. Each generation remembers the bikes of their youth, and that prompts them to buy one. As each new generation comes through the desire changes. 1950-1960 cars are now out of favour, being replaced by Capri's and Escorts etc. It makes a lot of sense. An awful lot 'classic' 70's bikes were regarded as rubbish when they were new, yet the dealers describe them as desirable.
To be fair you have to look at the whole picture. Mowed lawn and weedkiller - gone. Younger generations prefer meadows, rewilding, forests, etc. "Who dies with the most toys wins" - remember that? Look up what happened to the biggest limo in the world. You have a vast number of registered bikes in the UK, in the hands of a very few people who wrongly think we will buy them (and set up their kids' and grandkids' annuities). Demand will continue to exist but it will be much less.
That's exactly how it works. BSA Goldstars were off the scale a few years ago. Now that the owners are much older or passing away, the bikes are becoming available, and the latter day enthusiasts are not in the least interested in that generation of motorcycles.
@@agnosticevolutionist3567 I sort of agree, but only in the very general sense. Nostalgia is a desire to return "home" - it's homesickness. You expect to return home. Therefore, whatever characterises "home" is desirable, to a nostalgic. However, I think it's more complex than that. The story of Pinocchio: Pinocchio tries to go home to find his creator/father, but he fails, as "the past is a foreign country". To some extent (i.e. with money and mechanical skills), it is in fact possible to recreate the environment that existed in the late 20th century, thanks to bikes. It's still the same experience as it was in the past, with old bikes. Therefore, it isn't a Pinocchio scenario. Great Expectations is a Dickens novel. I don't think middle aged and older guys are seriously trying to recreate the potential that was sold to them in their youth. You want to be a fireman and they tell you to become a lawyer. That's an example of expectations, but it has no relevance to the expectations of a middle aged or older person who's buying these bikes.
I live in NZ and started riding in 1972 and currently own a 1999 Yamaha XJR1300SP in mint condition but the latest generation of kids just arent interested in Motorbikes and as a result prices are falling off a cliff.
Maybe it comes down to style? The xjr is a retro of 70ties bike, if you didn't live in 70ties why you fancy one? The popular Bikes are adventure and naked e.g. Tenere 700 or MT07, all the kids runs those. Many, including me, goes for all the electronics for safety e.g. curve-abs, traction-control etc.... Don't think the xjr ticks any of these boxes!
I own 6 bikes due to suffering a severe case of "motorcycle acquisition disorder"....I'm hoping my 7th or 8th will be '99 XJR...beautiful bike my friend
I'm 66 and recently returned to motorcycling after being sensible for several decades. I found some of the motorcycles I owned in the seventies and eighties. The owners expected a lot more than I was willing to pay. I expect to ride 10,000 km every year and do not want to pay extra for high fuel consumption and need for frequent carburetor adjustments. I opted for an SV650 model 2017. Lower price, lower fuel consumption and fuel injection. I don't find the prices on the auction low at all.
Many of us older riders need something lighter to run around on. During the 1960s a 650cc was a big bike but many of us were content with a 150cc or 250cc to get around on and were very easy to maintain and self service.
Your right there Sid , we were happy to ride anything in the 60s , I started riding on my 16th Birthday I'm now 74 still at it , but did downsize to a R E 350cc Meteor for ease of use getting it in and out of the back gate .
Enjoyed this a lot , these prices remind me of what i used to collect , railwayania stuff , back in the late 90s early 2000s stratoshperic money , now in 24 apart from a few examples stuff is going for a quarter of what it was back then
bikes should not be an investment imho they should be ridden and enjoyed. obviously there are exceptions and some bikes should be in a museum. I would love an older well looked after bike but I'd want the price to reflect the fact that it is old and likely to be trouble keeping it working. I did look at getting an old bike as an investment a while ago just out of interest but decided the prices were ridiculous ( though not as bad as car lol ), I figured the chances are that the prices will simply come down a LOT once it becomes clear that old bikers are going to be unable to ride soon and youngers just don't care about bikes. The prices at this auction seemed high to me still, I think there is room for them to fall quite a bit more apart from very rare nice bikes of course.
I agree with you completely and for the same reasons. These factors leaning on valuations cannot be resisted or ignored, not unless you enjoy capital losses. Or riding a great deal on old, somewhat wonkey machinery!
the Kawasaki Z1000 you feature is actually a Z1000H, I had one in 1980 ultra rare, it was a Mk2 with fuel injection, being quickly replaced by the GPZ1100
In the next 10 years the majority of the bidders at that auction will be more concerned about care home fees than motorbikes - if only I was 21 again...
Sadly that is their true cry. I want to be young again and pain free. They'll never ride or enjoy their bikes. The "investment" will remain in a dry place, perhaps even heated. The money is theirs and theirs to do with whatever they want. The flippers are there to relieve them of their money. That's capitalism.
Excellent work you both did, noticed during bidding that seating on the average was half full. Can just guess that some punters from that era have joined the great bike race in the sky. Greets from Düsseldorf 😉
Put a pan under that HD. Back when I rode HD in the 1980's you could tell if they were out of oil if they didn't leak on the ground or on your foot or leg or exhaust pipes or out the breather. My road bike was a Moto Guzzi SP 1000 European model. Just made 80 in this July and still ride, but a 2023 Honda Monkey.
@@thatbikersimon It is also like the classic car market, the middle age person who are the main buyers want vehicles of their childhood, 70's, 80's and even 90's and they are fetching good prices. Pre that era unless they are iconic like the Vincent, prices are dropping out because the demand is not there
What you need to remember is like most things they go in cycles at the moment they are low but once interest rates drop people start investing there spare cash on other things classic or collectible bikes are one of these things like classic cars just wait people panic and sell they need to hang on to them
@@joeking4206in ten years those bikes won’t be worth anything because all the people making nostalgia purchases won’t be riding, I’m 56 and a nostalgia purchase for me would be something like a mk1 escort, they’re a pile of junk so that wouldn’t happen, youngsters driving now will want something different in the future, all vehicles have a small window for a nostalgia purchase.
@@thatbikersimon half that in NZ - I sold a nice RZ350 for NZ 16k (8k pds) a while back ...its currently for sale and only 9k NZ will buy it ie 4500 pds ..the prices have crashed.
The 250 LC was an iconic and beautiful bike but I remember having a go on one when they were new and not really liking it. Not saying there was anything wrong with it, just wasn't my thing. I'd be more inclined to buy one with miles on it to ride and maybe develop an affection than an unused one that I would just be devaluing by reminding myself why I didn't like it first time around.
Dreadful dynamics or lack of it from the auctioneer, they may as well have been selling timeshare. Overall a good presentation Vid and your assistant was exceptional..
Thanks Keith I was under the assumption that I could use there video footage which afterwards I found out wasn’t available otherwise it would of been improved slightly better
Hi Simon I was watching your latest on the current state of the dealer bike market and it stopped playing have you taken down the video ? Kind regards ian
I could not be arsed buying an old vintage money pit motorcycle, also any spares will be mega bucks and these models will need to find fuel that they will run on, the E10 stuff is not compatible on older machines. Gaz UK
The market will bounce back, mortgage prices are high, and wages have stagnated since 2008 crash, slow prices are reflected right across the board , not just motorcycles .
Thanks buddy, glad you enjoyed it. Super fun day out for us to. Il definitely do some more of these videos. It’s exciting to watch live even if I’m not buying. 👍
When buyin an old bike, and car for that matter, you have to really know your stuff. I worked with a guy many years ago, and we visited a classic bike shop to look at a Matchless (I can`t remember the model) It looked great to me but he pointed out it had the wrong carb and front wheel for that year.
If it had racing provinence, such as winning chamionships, or having a famous former rider, it would have faired better. Just being a restored race bike that has no race history limits its appeal, even to current racers
All vehicle prices worldwide went through the roof due to the virus and chip shortage as people had to wait a long time for the new ones. I think they are just going back to what they should be.
It is more than that, prices peaked around 2018 for classics then came back, some activity in 20/21 but the general trend is downwards from 2018. My classic Brit thumpers are now worth rather less than I paid in 2016 and I paid average cost for the condition back then. Wasn't intending to sell but knackered knees means I am now struggling to kickstart.
I get pissed off when I see sheds full of bike collections just sitting there rotting away, hoping they will make a few quid more by starving the market. I will be happy to see the market collapse just as the car market has.
I am 79 years young still ride Honda CB500 and Suzuiki SV650 youngsters tend to go straight to cars few ride 125.s but dont bother with the complex and expensive part 2 full licence
@@thatbikersimon Very busy roads along with God awful road surfaces doen`t help. Then their is the problem of a girlfriend; no girl wants a guy to turn up on a bike to take her out when it`s pissing down or freezing cold, I know from experience.
Hy mate Gina is running in the end. Saved 400 Bucks for rebuilt carbs. I told u. 25y old, Orgi 5000km on clock. Carbs were not completely blocked. So i run 2 tanks with Liguy Moly Carb cleaner. Runs good but not perfect. My local dealers says, it has to run more fat. I should screw 180 degrees on fat. So i did. Gina is running smooth now and i can start customizing yet.
@@thatbikersimon Yes. The livingroom is full of parts, which i reasonable can buy used or bargains on the Internet. Last Hit was an brandnew exhaust with street legal paper for the EU for 235€ incl. Shipping from Italy(GPR fabrication from Macca Sport). But if i Start the Bikebuild, i have make to run Gina smooth. I think, Job is almost done.
It’s a predictable effect as buyers reduce in number, the quantity of beautifully restored motorcycles grows and in due course, their owners age out & their vehicles come up for sale. Not every bike will crash in short order, but I expect the mass market bike, currently fetching £20K, will in due course be almost unsaleable. It’s made much more likely because todays youth and those of the last generation or so rode bikes in ever smaller numbers. The peak was probably the late 1960s to the late 1970s. If you were a teenager then & rode bikes, and later took it up again, you’ll be mid 60s to mid 70s. There aren’t enough behind us to want them. Enjoy them now and don’t concern yourself with illusory “investment value”. That was a real thing, but my hunch is it’s crested and will never recover. Stop censoring uncontroversial posts!
Great video, thank you mate, this is quite an expensive auction! That Fireblade looked tasty! In all fairness they all looked mint haha... New subscriber here mate, It's nice to see someone else doing UK bike content
I remember pranging my 250LC back in '86 beside Wahroonga Station. Driver came through a stop sign in his LC Torana. Clash of the LC's. Needless to say, I went arse over and that was the end of the bike.
@@thatbikersimon I don't remember black ones here in Australia, they were all white with either the red or blue stripes. Used to ride it to school. Can't believe my father allowed me, my mother was horrified. A howler of a bike.
And not a word about that Vinnie twin that the camera slid over @ 2.51 and - never got a mention???... One of the UK"s most fantastic motorcycles ever made and these people ignored it completely in favour of modern UJMs and learner strokers.
@@thatbikersimon I’m amazed more people aren’t seeing the incredible value in the secondhand bike market - I’m struggling to give away one of my super bikes currently.
Very well made video. Brexit has really affected exports though, with import duty and VAT now having to be factored into the price. Adds 30+% for us here in Ireland.
Yes it’s crazy. Unfortunately the world of bikes isn’t looking good at the moment. There’s so many different factors to this. The comments have been interesting. Glad you enjoyed the video
How much to recommission that rd250?,surely all perishable parts need replacing,fork seals,carb rubbers,tyres,just off top of my head,all spares readily available?,run on modern fuels with no problems?,😊
I think the nine has been stored very well and moved about hence the 2 push miles but let’s face it anyone that buys it won’t ride it. I think you can still get aftermarket parts like seals ect
Not much point in recommissioning the RD. With it's zero miles. Once it starts to be ridden. It becomes just another old bike. These zero miles bikes are only for investment & bragging purposes. Legend has it. Padgett's of Batley. Still have LC,s in their crates. Amongst a load of other nos machines
@@thatbikersimonI have an LC for the third time in my life, most seals etc can still be bought from Yamaha. The crank seals would need replacing on that one for sure, running a 2 stroke without a good seal there affects the mixture. There's no way that it's worth that estimated price.
@@steveclark.. thanks for the info, in think this one had been up for auction a couple of times. I guess something is only worth what someone is prepared to pay and how desperate the seller is to get sold
I could see the really old bikes and up to the 1960s retaining high value. The huge number of wonderful early Japanese super bikes are available in large numbers and lovely though I think they are, I no longer want one, even if it was free. I’ve two 1977 Suzuki GTs and don’t have time and energy to use them properly or even enjoy them as it is. I’m growing older.
@@thatbikersimon Absoolutely! MAking me rethink my plan & approach. She says you're always chucking more fuel on my the fire 😂 Huge thanks for this video!
Those prices seem high to me I was using a currency converter to USD . I see why a lot of the old bikes in the US go back to the Uk. Much better deals to be had here thanks for posting this video.
@@kass9722 that’s a steep fee the last auction I bought at it was 5 or 7 % . I think mecum is 20% here in the states which is a deal killer for myself not sure what barret is the small auction houses or private sales is where the deals are
I'm totally new to bikes and I'm looking at getting my first proper bike next year. Why would anyone want to pay £20,000+ for a second hand and old motor bike? Surely a good modern motor bike with ABS and other features is plenty fast enough and much safer. Many, many can be had for between £8,000 and £15,000.
You just answered your own question, if you were riding many years ago you would feel the nostalgia and have a personal attachment to what you would of rode, also some people like a investment or a project bike.
Don't invest a large amount in your first bike for many reasons. I bought a 2021 KTM Duke 390 for $6,700. Then, I spent another $4,000 bringing it with me. Later, I bought a 1999 Honda VFR-800fi for €2,850. Guess which bike is better in every category except weight? That weight also makes it more stable.
People buy what they could not afford when they were young. As they age out so does the demand. There is a small window where the bikes are worth a lot of money then it drops quickly
This is true Frank, I do own a Honda xl 250r 1982 in which I grew up with a poster on the wall, at the age of 47 I now own one, it was a project bike which I personally refurbished and love it. It’s definitely a generational thing.
I’ve been following the auction results for just over a year and prices have been dropping steadily, I wonder if the endless banging on about the ‘climate crisis’ and the ban on selling new ICE vehicles looming on the horizon is making folk wary of buying something that may well be just a museum exhibit in the not too distant future.
Good video,Didnt really see any real indication of price drops, most still looked expensive.. all you guys commenting negatively must have watched a different video haha.
It’s interesting because this was a first for us filming a auction and we thoughly enjoyed it. I’ve heard recently that there’s a dip in the bike world so this was a perfect time to go along and take a look and see what the bikes were selling for and the comments that come through. Brilliant to read them 👍
Great video, very informative and extremely well presented, I suppose it comes down to the generation factor, guys wanting their 70s dream back will soon be in their late 60s, so bikes going back to the generations before will have an even smaller audience, my guess would be the market that will be the most buoyant in the future will be the 90s superbike era.
Thank you for your kind words! I'm glad you enjoyed the video. You make a great point about the appeal of bikes. As enthusiasts from the 70s age, the demand for bikes from that era may indeed decline. The 90s superbike era is definitely gaining traction, and it will likely remain popular as riders who grew up in that period seek to relive their memories. It's an exciting time to see how the market evolves!
Bikes are definitely getting harder to sell, less bikers around I guess, I was encouraged by the Fireblade price though, I’ve got a nicer one in my garage with a documented 19k miles , so that spoke well for my bikes current value , that said I certainly don’t expect it to gain value, probably time to sell! 🙂👍
Thanks for the sub! I think they’ve been trying to sell the RD 250 For a couple of years. It’s a rare but 15K I’m not sure someone would pay that. It’s a good time to buy in the uk and for the overseas buyers the dollar to the pound is strong 👍
Caravans, car auctions, camera gear and even tattoos. These are the videos I've seen in the past few days saying the market has collapsed. It's because we're entertaining an economic depression.
Brilliant presentation Simon & Amy.I don't think it proves anything really , the market in any ' classic ' vehicles is volatile and in an era of ' worthless money ' If you buy anything in this category you need to be certain that you really want it and for what reason - to ride or gaze at in admiration or for investment ?.The RD250LC is a case in point - the owner was expecting a large return but what the hell can you do with it ? - every mile even with occasional use will see that 'investment' reducing with every mile , beautiful thing that it is and has been said everyone wanted the 350 - recall being offered a mint 3kmile 350LC in ' 82 for £400 !.
Thanks Roger, yes your right. The only investment for me is the ride itself. It’s interesting to in the auction room on the day and experience the nostalgia excitement.
I hope it carries on like this as next year I will definitely be considering to buy. I didn't see many millennials in the auction house, opportunity I guess.
it is exactly what it was! good sought after vehicles command good prices run of the mill stuff doesnt, the flippers who bought during c'vid are taking a hit & rightly so!
l have resigned myself to fact l cant afford any of the bikes on offer. At 78 and a bit decrepit l couldn't throw my leg over many of them even if l could afford them... But there was a time , yes there was a time when l did own a couple of bikes that have now reached classic status. A Moto Guzzi 850 leMans ( No mark number)... and a Ducati 99 SS. In their time classic Italian Stallions .Even a BMW R100RS.... l hung about with blokes who owned the same plus Laverda Jotas and Monjuic etc!...It's all but a misty memory now but Boy! was it great.....My 900 SS was 2,200 pounds at the time. The Guzzi 1,999 pounds....like most bikers l got bored and sold them on...... isn't hindsight wonderful!!
People are buying a lot of motorcycles, the motors are just electric now. My take is that I can make electricity if I'm out in the middle of nowhere but I can't make gas; that's why I'm a fan of PEV.
I fear these charming older bikes are too big, too oily, too noisy, too smelly, too costly, too everything for these days: who remembers when you could park a 750 with ease in London for free? And not get done for a bus lane infringement.
Seems especially older bikes are selling for less, I was amazed to see on the vincent VOC spares 10 Vincents for sale, they reckon the younger enthusiasts dont want them, and the older enthisists have died off, they are still expensive but obviously not as much in demand
Im so peeved i missed that 250 can am bombadier , i didnt go coz i assumed it would go for £2-3000 in the end it went for £1090 . just what i was willing to go up to dagnabit
House prices have gone from 20k average in 1980 to over 250k today a over 1100 percent increase, At the same time as 100 quid in 1980 now having the buying power of 19 quid lol , Slowly but surely the people have been milked dry doesn't leave alot for buying Motorcycles god help the young in this Country 🇬🇧
A painful truth.
My plan was to sell up and leave broken, damp and miserable britain but the vile morons of little england trapped me in their 💩 hole of a country. I'd be back in Greece if it weren't for the gammon's brexit.
I'm coming up for 24 and have been workimg 2 jobs saving to do my direct access course and a bike for the last 2 years, after paying rent and council tax and money to survive I have £3.5k to show for 2 years of saving much as possible.
I'm 71, we old gits still ride bikes. My 1993 vfr 750 Honda still hanging on, just like its owner.
As a rider I'm glad prices are dropping. Unfortunately the 'investors' and Arthur Daley flippers, dealers and auction houses are trying to push them up. The car world has all manner of old tat being sold for stupid money, because of the 'investors'.
Worse is that it also means the stupidly high price of parts.
Who wants to pay $930 for a piece of abs plastic? or $250 for a set of oem piston rings?
I'm 72....proud owner of a VFR1200F ....rode this afternoon ..love it. Mind you bought a monkey bike last month if can't get on the vfr😅
I'm going on 71 and been riding most of my life and will continue for as long as I can. I currently ride a 2008 ZX14, which is feeling a bit heavy these days, but once rolling you forget the weight.
I'm 54 - ride my GSX1100ef every week, but youngsters can't afford a bike as an extra plaything, I know when I got a bike it was for transport before I was driving a car. But if you do that here in Oz it's a 50hr logbook thing. You can avoid that cost by having a car licence for 2 years but then you need a car!?!?!?.
I took the ride around the block while the examiner stood on the pavement test back in the 80's.
@@nigel274 I'm 76 and own a red 2010 VFR 1200f, I sold my '93 V-max I could hardly get my leg over to buy a new '23 Honda Grom
It’s a predictable effect as buyers reduce in number, the quantity of beautifully restored motorcycles grows and in due course, their owners age out & their vehicles come up for sale.
Not every bike will crash in short order, but I expect the mass market bike, currently fetching £20K, will in due course be almost unsaleable.
It’s made much more likely because todays youth and those of the last generation or so rode bikes in ever smaller numbers.
The peak was probably the late 1960s to the late 1970s. If you were a teenager then & rode bikes, and later took it up again, you’ll now be mid 60s to mid 70s.
There aren’t enough behind us to want them. Enjoy them now and don’t concern yourself with illusory “investment value”. That was a real thing, but my hunch is it’s crested and will never recover.
Your perspective is quite insightful and highlights some important trends in the market for classic motorcycles. As the demographic that cherishes these bikes ages, the demand inevitably shifts. The peak interest period you mentioned, from the late 1960s to the late 1970s, is indeed a crucial factor in understanding current market dynamics. With fewer young enthusiasts to take their place, the market for these beautifully restored bikes will likely face significant challenges. Enjoying these motorcycles for their intrinsic value rather than viewing them as long-term investments seems like a wise approach. The market dynamics are changing, and while some bikes may retain their allure, many might struggle to find new homes at current prices.
Totally agree, my friends and myself have all come to the exact same conclusion’s.
How many of those bikes sold will actually get ridden by their new owners?
@@jerzywoking1699 Very few I suspect.
Correct analysis.. It's a changed world ..
flippers pushed the price of everything up,now that they are trying to unload their "investments" they finding out that there's no more flippers out there.Just because is old and rare does not mean is valuable,you have to have someone that wants what you are selling.
Same as cars ....
Well said. Just look at how much you had to pay for a Jaguar E-Type 5 years ago (£100,000+) now a decent one can be yours for £50k
@@garywheeley5108 and watches
Will always be a market, it grows and shrinks based on cost not market saturation. In a market where the products only become rarer it's ridiculous to attribute decline to saturation. The cost of labour parts and initial purchase prices are all over inflated as happens with all popular hobbies . Eventually the hip pocket causes a correction.
I was with the new owner of the Henderson yesterday and looked at the bike , he has the knowledge and parts to restore it ,and its gone to a good home
That’s great news. Congratulations to the owner and it would be fantastic to see it running
As a friend said to me, you’re wearing rose tinted glasses when you look at the old classics.
I owned all the popular bikes of the late seventies through to the mid eighties.
But sitting on them now is like sitting on a powered ironing board, they don’t handle, they are slow and they are basic.
My 1978 RD 250 with Mag wheels, coffin tank and self cancelling indicators cost me out the box £650.
Now I’m looking at the new 2024 Fireblade, I owned the first Blade in 1992, cost me £6,800, the 1998 Blade cost me £6,400 on a special deal, this new Fireblade is priced at £24,000, in my mind £10,000 too much, especially when the identical CBR 600 is only £10,000.
Now it would make close to £20,000.
There’s a lot of truth in that, but even though I agree with you with the price of new bikes, it still is in with inflation prices and your paying many for electronics now. Get yourself a royal Enfield Himalayan 450 and join the adventure world
But your missing the point new one's are shit boring look all the same got no sole..like all cars now are just crap..im 59 got a vfr750 looking at any other bike but dont want nothing after 2005..
@@Stigman101 New bikes are definitely not boring. The bikes I've had since the mid-90s have only got better with each generation, no comparison in my mind. The bikes I had up the 80s were way behind what is available now.
It didn't look like a bidding room full of bikers wanting a piece of their youth, it looked like it was mostly dealers wanting to make easy money, most vehicle auctions are heading that way nowadays.
If your a dealer,surely it’s the best time to buy 💴
@@thatbikersimon its a great time for them to take a long walk off a short pier mate !
Games up for the grifters😊
@@muckergee2113So where do you buy your bikes?
@@jerzywoking1699 Not off some grifting dealer .... thats for sure Mr Turpin !
We're all getting old and the young don't get motorbikes, it takes too long to get skilled on them in the TikTok world.
There will be a generation loss of motorcycles. Most of the kids are riding on electric scooters now
petrichor649
Thats right. Just take a look at the age of the men looking at the bikes, almost none seemingly under 50.
Owning bikes like these is an old mans hobby
The younger generation are a lot poorer than previous generations which means they can't afford a collection of bikes and a garage to work on them. For the young who do ride why would they buy a classic bike when they can get a modern retro with reliability, warranty and finance.
Try to find someone who can sharpen the blade of a lawn mower, let alone repair one.
@@andypicken7848Of course it's older guys that are in to those bikes and can effort them, see its mainly nostalgie, good past memories and the like that attract them to those machines , same with the guys into classic cars, young guys wouldn't understand or get that, and wouldn't have the wealth of someone working for 40 years, also a lot of the time they are buying in to a social scene, with activities all year round, meeting people and belonging to something.
I had a 250 yamaha LC ,I payed £600, then 350 £650, both 82 model's should have put them in a garage 😅 now have a 1982 Honda cb250 super dream in nice condition 38,000 miles.. just keeps going & going, good old Honda 😊
Yes you can’t beat the old Honda’s built to last 🏍️💨💨💨💨
We found a similar experience at the Stafford auction. Lots of these classics are not fetching what owners think they are worth.
The RD250LC. I know it only had a couple of miles on it but no way was it worth the upper estimate. Everyone really wanted the 350 anyway. I bought a brand new one back in 81 for £1300 and rode it like a lunatic 😅
Nice job with the vid, good to hear Amy 👍
Certainly an interesting experience Richard. I guess some of these bike have already hit the appreciation. I noticed a lot of oversea buyers having a bid with good exchange rates in their favour. It’s always nice to have a walk around and reminisce over what we use to own. 👍
These were learner ok, Aussie first law 250 or less.I remember one guy lasting 2weeks before writing it off in main street of Katherine.
@@roderernst9990 Same here. You could have the 250LC on learner plates. So many of my fellow riders crashed these bikes. Way too fast for inexperienced people.
Government changed the law the year after to a max of 125 on Ls
They also made a 500 but not often seen even back then.
Several hundred have been imported into the UK from countries like Germany where they were also very popular but much better looked after. The LCs will see the biggest depreciation in the future. Many enthusiasts own more than one.
As someone in the car world pointed out, prices are determined by nostalgia. Each generation remembers the bikes of their youth, and that prompts them to buy one. As each new generation comes through the desire changes. 1950-1960 cars are now out of favour, being replaced by Capri's and Escorts etc. It makes a lot of sense. An awful lot 'classic' 70's bikes were regarded as rubbish when they were new, yet the dealers describe them as desirable.
To be fair you have to look at the whole picture. Mowed lawn and weedkiller - gone. Younger generations prefer meadows, rewilding, forests, etc. "Who dies with the most toys wins" - remember that? Look up what happened to the biggest limo in the world. You have a vast number of registered bikes in the UK, in the hands of a very few people who wrongly think we will buy them (and set up their kids' and grandkids' annuities). Demand will continue to exist but it will be much less.
Nostalgia is an emotion of expectation.
That's exactly how it works. BSA Goldstars were off the scale a few years ago. Now that the owners are much older or passing away, the bikes are becoming available, and the latter day enthusiasts are not in the least interested in that generation of motorcycles.
@@agnosticevolutionist3567 I sort of agree, but only in the very general sense. Nostalgia is a desire to return "home" - it's homesickness. You expect to return home. Therefore, whatever characterises "home" is desirable, to a nostalgic. However, I think it's more complex than that. The story of Pinocchio: Pinocchio tries to go home to find his creator/father, but he fails, as "the past is a foreign country". To some extent (i.e. with money and mechanical skills), it is in fact possible to recreate the environment that existed in the late 20th century, thanks to bikes. It's still the same experience as it was in the past, with old bikes. Therefore, it isn't a Pinocchio scenario. Great Expectations is a Dickens novel. I don't think middle aged and older guys are seriously trying to recreate the potential that was sold to them in their youth. You want to be a fireman and they tell you to become a lawyer. That's an example of expectations, but it has no relevance to the expectations of a middle aged or older person who's buying these bikes.
What is this goobledegook
The younger generation has enough to make a living ,costs are staggering let alone ride a bike for 3 months of the year.
Meanwhile in the real world they've all got the latest phones , driving flashy cars and eat out regularly.
They don't want bikes though .
Thank god Amy was on hand to tell me the bike with no lights couldn't be driven in the dark. Saved me a pretty penny on my night shift commuter.
lol that what I said
I live in NZ and started riding in 1972 and currently own a 1999 Yamaha XJR1300SP in mint condition but the latest generation of kids just arent interested in Motorbikes and as a result prices are falling off a cliff.
There to busy on their electric scooter 🛴
Maybe it comes down to style? The xjr is a retro of 70ties bike, if you didn't live in 70ties why you fancy one? The popular Bikes are adventure and naked e.g. Tenere 700 or MT07, all the kids runs those. Many, including me, goes for all the electronics for safety e.g. curve-abs, traction-control etc.... Don't think the xjr ticks any of these boxes!
Yet young riders are our biggest customers, mostly new riders as well!
I own 6 bikes due to suffering a severe case of "motorcycle acquisition disorder"....I'm hoping my 7th or 8th will be '99 XJR...beautiful bike my friend
&
I'm 66 and recently returned to motorcycling after being sensible for several decades. I found some of the motorcycles I owned in the seventies and eighties. The owners expected a lot more than I was willing to pay. I expect to ride 10,000 km every year and do not want to pay extra for high fuel consumption and need for frequent carburetor adjustments. I opted for an SV650 model 2017. Lower price, lower fuel consumption and fuel injection. I don't find the prices on the auction low at all.
It’s great to get back in the saddle and yes bikes at auctions will continue to rise. I think you’ve made the right choice. Enjoy 🏍️💨💨💨
When rich people aren't willing to shell out a few grand for collectible toys, it's not a good sign for the economy.
You would think it’s the best time to buy
Many of us older riders need something lighter to run around on. During the 1960s a 650cc was a big bike but many of us were content with a 150cc or 250cc to get around on and were very easy to maintain and self service.
Your right there Sid , we were happy to ride anything in the 60s , I started riding on my 16th Birthday I'm now 74 still at it , but did downsize to a R E 350cc Meteor for ease of use getting it in and out of the back gate .
Own a VFZR1200F but just boughtva honda monkey 125....really enjoying....takes me back when rode around on a honda S90 in 1969. I'm 72
Enjoyed this a lot , these prices remind me of what i used to collect , railwayania stuff , back in the late 90s early 2000s stratoshperic money , now in 24 apart from a few examples stuff is going for a quarter of what it was back then
Glad you enjoyed it, I shall be covering some more in the near future 👍
bikes should not be an investment imho they should be ridden and enjoyed.
obviously there are exceptions and some bikes should be in a museum.
I would love an older well looked after bike but I'd want the price to reflect the fact that it is old and likely to be trouble keeping it working.
I did look at getting an old bike as an investment a while ago just out of interest but decided the prices were ridiculous ( though not as bad as car lol ), I figured the chances are that the prices will simply come down a LOT once it becomes clear that old bikers are going to be unable to ride soon and youngers just don't care about bikes.
The prices at this auction seemed high to me still, I think there is room for them to fall quite a bit more apart from very rare nice bikes of course.
I agree with you completely and for the same reasons. These factors leaning on valuations cannot be resisted or ignored, not unless you enjoy capital losses. Or riding a great deal on old, somewhat wonkey machinery!
I totally agree I couldn’t own a bike I can’t ride but I’m worried about depression. Life is to short.
How many of these bikes will ever get ridden, no matter the age of the buyer?
I'm 74 and have bought a 1959 triumph Thunderbird love it.
You mean people can’t afford $30,000 for a motorbike these days ? That’s crazy
lol it’s an expensive toy
I'm keen, how many kms has it done?
the Kawasaki Z1000 you feature is actually a Z1000H, I had one in 1980 ultra rare, it was a Mk2 with fuel injection, being quickly replaced by the GPZ1100
I know I messed up a bit on that I realised afterwards. Thanks for the update 👍
I knew someone with the H version only sold in Black with gold stripe . Beautiful.
In the next 10 years the majority of the bidders at that auction will be more concerned about care home fees than motorbikes - if only I was 21 again...
very true that did make me chuckle 😂
That will empty there bank accounts.
Totally agree, most of the bikers are 60+ now me included. The petrol heads are a dying breed.
Sadly that is their true cry. I want to be young again and pain free. They'll never ride or enjoy their bikes. The "investment"
will remain in a dry place, perhaps even heated.
The money is theirs and theirs to do with whatever they want.
The flippers are there to relieve them of their money.
That's capitalism.
Excellent work you both did, noticed during bidding that seating on the average was half full. Can just guess that some punters from that era have joined the great bike race in the sky.
Greets from Düsseldorf
😉
Hi buddy, over the day it was full but a lot of people was in and out because it was so hot in the hanger. Thanks for the comment
Look at any auction-many seats are empty, as loads will stand at the back.
@@jerzywoking1699 I’ve never bought a bike a auction but I’ve bought a house. Standing at the back means you can read the room better 👍
SherKhan
And did you notice the amount of silver tops. Not an under 40 year old in sight
Put a pan under that HD. Back when I rode HD in the 1980's you could tell if they were out of oil if they didn't leak on the ground or on your foot or leg or exhaust pipes or out the breather. My road bike was a Moto Guzzi SP 1000 European model. Just made 80 in this July and still ride, but a 2023 Honda Monkey.
The market has certainly fallen out of the vintage/classic bikes a 750 Norton Commander for 5K, what a steal for a wonderful bike
It’s a buyers market for sure 👍
@@thatbikersimon It is also like the classic car market, the middle age person who are the main buyers want vehicles of their childhood, 70's, 80's and even 90's and they are fetching good prices. Pre that era unless they are iconic like the Vincent, prices are dropping out because the demand is not there
Do you mean a Norton "commando" the commander had the rotary engine
@@nickmarshall9192 yes commando
What you need to remember is like most things they go in cycles at the moment they are low but once interest rates drop people start investing there spare cash on other things classic or collectible bikes are one of these things like classic cars just wait people panic and sell they need to hang on to them
Buy buy buy sell sell sell it’s not different to houses or gold 👍
I’m not so sure, most of the motorcyclist that had them bikes are getting old themselves.
15-18 for a 250 LC? Bloody hell. I can get a brand new Z900RS for less than that. Dream on baby 😳
It’s a lots of Pennies. What would you think is a fair price for it? 12K
@@thatbikersimon I’d give maybe 5K for it. Tbh I’d rather have the 350. Boomers like me are being asked a lot of money to indulge their nostalgia.
@@joeking4206in ten years those bikes won’t be worth anything because all the people making nostalgia purchases won’t be riding, I’m 56 and a nostalgia purchase for me would be something like a mk1 escort, they’re a pile of junk so that wouldn’t happen, youngsters driving now will want something different in the future, all vehicles have a small window for a nostalgia purchase.
@@thatbikersimon half that in NZ - I sold a nice RZ350 for NZ 16k (8k pds) a while back ...its currently for sale and only 9k NZ will buy it ie 4500 pds ..the prices have crashed.
The 250 LC was an iconic and beautiful bike but I remember having a go on one when they were new and not really liking it. Not saying there was anything wrong with it, just wasn't my thing.
I'd be more inclined to buy one with miles on it to ride and maybe develop an affection than an unused one that I would just be devaluing by reminding myself why I didn't like it first time around.
Also dont forget to add 18% to the hammer price for (buyers premium / VAT)
15% plus vat
@@thatbikersimon 15% x 1.2 = 18% @rogerthedodger5788 is correct, just stated the overall percentage on top of the hammer price.
I love that James. What a beautiful bike. Couldn't imagine riding it, but beautiful to look at.
It sure is. There’s some fantastic bikes there
Dreadful dynamics or lack of it from the auctioneer, they may as well have been selling timeshare. Overall a good presentation Vid and your assistant was exceptional..
Thanks Keith I was under the assumption that I could use there video footage which afterwards I found out wasn’t available otherwise it would of been improved slightly better
12:01: laverda jotter ...................... lol
@@raymondo162 I'm thinking more icronic than iconic....
How exciting! I’ve never been to an auction but would be way to tempted to buy something 💵
It really is! You should buy something
What fantastic bikes it’s brings back so many memories
The older I get the more of a classic I’ve become lol
Nice work Bro and Lady..... appreciate it
Thanks buddy 👍
It looked like a lovely day for the auction. Some great bikes there selling for low prices imo.
Absolutely.. a great day out even if your just going to have a look around
Hi Simon I was watching your latest on the current state of the dealer bike market and it stopped playing have you taken down the video ? Kind regards ian
Excellent video guys thanks, looks like the auctioneers and bidders prices are on different planets.
Thanks for watching, glad you enjoyed it
I could not be arsed buying an old vintage money pit motorcycle, also any spares will be mega bucks and these models will need to find fuel that they will run on, the E10 stuff is not compatible on older machines.
Gaz UK
So don't. Just f. off and watch east benders
The market will bounce back, mortgage prices are high, and wages have stagnated since 2008 crash, slow prices are reflected right across the board , not just motorcycles .
Really enjoyed watching this morning. You captured all the bikes that I wanted to see on the bidding. The Senna was a steal! Cheers Simon.
...conversely not a single bike I was interested in was featured. I guess you can't win them all.
Thanks buddy, glad you enjoyed it. Super fun day out for us to. Il definitely do some more of these videos. It’s exciting to watch live even if I’m not buying. 👍
When buyin an old bike, and car for that matter, you have to really know your stuff. I worked with a guy many years ago, and we visited a classic bike shop to look at a Matchless (I can`t remember the model) It looked great to me but he pointed out it had the wrong carb and front wheel for that year.
That TZ 250 was absolutely gorgeous! I can't believe it didn't sell.
It’s a lot of money they were asking for it. Beautiful bike in fantastic condition
If it had racing provinence, such as winning chamionships, or having a famous former rider, it would have faired better. Just being a restored race bike that has no race history limits its appeal, even to current racers
I’m looking for a couple of older bikes but I think I’ll wait for the market to drop further yet. Some great bikes shown in the video.
I think there next one is at the NEC but check the iconic auctions website. It’s worth checking if your after something special
@@thatbikersimon thanks 👍
I'm here in the states. I wish bikes were like ANY Porsche 911...... always either holding their own or going up in value.
The orange Laverda (say Hota) is fantastic. Always worth the money.
It’s a very nice bike for sure 👌
All vehicle prices worldwide went through the roof due to the virus and chip shortage as people had to wait a long time for the new ones. I think they are just going back to what they should be.
Yes this is true, people had money to burn and everything went up
It is more than that, prices peaked around 2018 for classics then came back, some activity in 20/21 but the general trend is downwards from 2018. My classic Brit thumpers are now worth rather less than I paid in 2016 and I paid average cost for the condition back then. Wasn't intending to sell but knackered knees means I am now struggling to kickstart.
I get pissed off when I see sheds full of bike collections just sitting there rotting away, hoping they will make a few quid more by starving the market. I will be happy to see the market collapse just as the car market has.
Most bike investors are loaded so a collapse doesn’t affect them, but the bike market has already collapsed, unfortunately.
I am 79 years young still ride Honda CB500 and Suzuiki SV650 youngsters tend to go straight to cars few ride 125.s but dont bother with the complex and expensive part 2 full licence
This is very true there lots of reasons they don’t ride bikes and that one of them.
@@thatbikersimon Very busy roads along with God awful road surfaces doen`t help. Then their is the problem of a girlfriend; no girl wants a guy to turn up on a bike to take her out when it`s pissing down or freezing cold, I know from experience.
Hy mate
Gina is running in the end. Saved 400 Bucks for rebuilt carbs. I told u. 25y old, Orgi 5000km on clock.
Carbs were not completely blocked. So i run 2 tanks with Liguy Moly Carb cleaner.
Runs good but not perfect. My local dealers says, it has to run more fat. I should screw 180 degrees on fat. So i did.
Gina is running smooth now and i can start customizing yet.
Fantastic news. Sounds like your back up and running. Congratulations 👍🏍️💨💨💨💨💨
@@thatbikersimon
Yes. The livingroom is full of parts, which i reasonable can buy used or bargains on the Internet. Last Hit was an brandnew exhaust with street legal paper for the EU for 235€ incl. Shipping from Italy(GPR fabrication from Macca Sport).
But if i Start the Bikebuild, i have make to run Gina smooth. I think, Job is almost done.
Could you translate please?
You two make a good -looking couple ! Best wishes !!
Ha ha ha ha..
Great video very informative looked like a great auction with some lovely bikes.
Thanks Gary, great day out even if I wasn’t purchasing. Amazing bikes
I put a low ball in on a transalp 650, it still went for under £500. Needed recommissioning but would have been a bargain for someone.
yes, and no, depends on how much the recomissioning costs...although the TA is one of the best bikes ever made
It’s a predictable effect as buyers reduce in number, the quantity of beautifully restored motorcycles grows and in due course, their owners age out & their vehicles come up for sale.
Not every bike will crash in short order, but I expect the mass market bike, currently fetching £20K, will in due course be almost unsaleable.
It’s made much more likely because todays youth and those of the last generation or so rode bikes in ever smaller numbers.
The peak was probably the late 1960s to the late 1970s. If you were a teenager then & rode bikes, and later took it up again, you’ll be mid 60s to mid 70s.
There aren’t enough behind us to want them. Enjoy them now and don’t concern yourself with illusory “investment value”. That was a real thing, but my hunch is it’s crested and will never recover.
Stop censoring uncontroversial posts!
Great video, thank you mate, this is quite an expensive auction! That Fireblade looked tasty! In all fairness they all looked mint haha... New subscriber here mate, It's nice to see someone else doing UK bike content
Thanks buddy, welcome to the channel. I shall be coving more auctions in the near future as well as anything and everything about bikes 👍
In real terms that Fireblade was half price compared with its new cost. Bargain. Preferred it in black RR though.
I remember pranging my 250LC back in '86 beside Wahroonga Station. Driver came through a stop sign in his LC Torana. Clash of the LC's. Needless to say, I went arse over and that was the end of the bike.
Sad story, but you lived to tell the tale. My buddy had just got his back on the road after 15 years of storage
@@thatbikersimon I don't remember black ones here in Australia, they were all white with either the red or blue stripes. Used to ride it to school. Can't believe my father allowed me, my mother was horrified. A howler of a bike.
Kudos for a well done video.👍🎉🤙
Glad you liked it!
Katana 1100 & CB1100r would Smoke that Laverda!
The Katana is one ugly bike though 😂👍
Riding a Jota is an experience every biker should try.
And not a word about that Vinnie twin that the camera slid over @ 2.51 and - never got a mention???... One of the UK"s most fantastic motorcycles ever made and these people ignored it completely in favour of modern UJMs and learner strokers.
The Vincents are impossible to start unless you have a 2 mile tow haha. Nice bike for the mantlepiece. Woof!
Know someone who bought 4 classic bikes recently for 6k! - the market has nose dived.
The uk bike market has been on a downward trend for 2 years now
@@thatbikersimon I’m amazed more people aren’t seeing the incredible value in the secondhand bike market - I’m struggling to give away one of my super bikes currently.
@@RichardS-qh8mi it’s definitely a buyers market.
Very well made video. Brexit has really affected exports though, with import duty and VAT now having to be factored into the price. Adds 30+% for us here in Ireland.
Yes it’s crazy. Unfortunately the world of bikes isn’t looking good at the moment. There’s so many different factors to this. The comments have been interesting. Glad you enjoyed the video
At 12:50 we can see the age group bidding on these bikes by all the balding heads. LOL
lol
How much to recommission that rd250?,surely all perishable parts need replacing,fork seals,carb rubbers,tyres,just off top of my head,all spares readily available?,run on modern fuels with no problems?,😊
I think the nine has been stored very well and moved about hence the 2 push miles but let’s face it anyone that buys it won’t ride it. I think you can still get aftermarket parts like seals ect
Not much point in recommissioning the RD. With it's zero miles. Once it starts to be ridden. It becomes just another old bike. These zero miles bikes are only for investment & bragging purposes.
Legend has it. Padgett's of Batley. Still have LC,s in their crates. Amongst a load of other nos machines
@@thatbikersimonI have an LC for the third time in my life, most seals etc can still be bought from Yamaha.
The crank seals would need replacing on that one for sure, running a 2 stroke without a good seal there affects the mixture.
There's no way that it's worth that estimated price.
@@steveclark.. thanks for the info, in think this one had been up for auction a couple of times. I guess something is only worth what someone is prepared to pay and how desperate the seller is to get sold
Inner engine seals I would replace as a precaution before riding it, so engine strip down
Some cracking bikes there
Some amazing bikes for sure
I could see the really old bikes and up to the 1960s retaining high value. The huge number of wonderful early Japanese super bikes are available in large numbers and lovely though I think they are, I no longer want one, even if it was free. I’ve two 1977 Suzuki GTs and don’t have time and energy to use them properly or even enjoy them as it is. I’m growing older.
Hi Mike. Love your work.
Beautiful looking bikes! I would love to have a few of them! If I had the money!
You and me both! 👍
Thanks Simon, but my wife's gonna hate you for this.
lol why did you see something you liked or did you buy on the day
@@thatbikersimon Absoolutely! MAking me rethink my plan & approach. She says you're always chucking more fuel on my the fire 😂 Huge thanks for this video!
@@Fractal379lol thanks buddy
Those prices seem high to me I was using a currency converter to USD . I see why a lot of the old bikes in the US go back to the Uk. Much better deals to be had here thanks for posting this video.
There was a fair amount of bike bought over the day from Oz and US buyers, I was thinking the exchange rate must be good for you guys.
the prices are high to 95% of the buying public, most watching/making comments have no idea there is another 18% of fees to pay
@@kass9722 15% plus vat for auctions fees
@@kass9722 that’s a steep fee the last auction I bought at it was 5 or 7 % . I think mecum is 20% here in the states which is a deal killer for myself not sure what barret is the small auction houses or private sales is where the deals are
Good stuff mate, i think had the LC been a 350. Price wuda been much higher
I totally agree
What an excellent presentation . No waffle or flannel - beautiful lady -great content .
Thank you kindly! Glad you enjoyed it
H & H sale at NMM recently, had plenty selling and a bunch of Vincentd selling well...
Interesting to know 👍
In that game😂 Amy beats a pair of Norton's❤
Interesting watch. I have an '01 CR500 last model ,still new. I wonder what that would be worth now ? Thanks for posting.
Wow great bike, it’s worth checking out the iconic auctions website because you can still see if anything similar has sold. Thanks for watching
Wish I was there. Thanks for sharing.
Great experience and fun day out at Shuttleworth.
I can't believe the Rothmans sp nsr didn't sell I've seen them advertised for a shed load more than £8 - £10, a rare bike indeed.
Wish i still had mine dry clutch magnesium wheels great bikes
I thought that one would go
@@thatbikersimon So did I. Somebody got a bargain with the R1
@@savagehamzter8850 I think the R1 was £5,750 including the 15% plus VAT auction fees.
@4.52, oil slick under that Harley, haha.
Sold lol
I'm totally new to bikes and I'm looking at getting my first proper bike next year. Why would anyone want to pay £20,000+ for a second hand and old motor bike?
Surely a good modern motor bike with ABS and other features is plenty fast enough and much safer. Many, many can be had for between £8,000 and £15,000.
You just answered your own question, if you were riding many years ago you would feel the nostalgia and have a personal attachment to what you would of rode, also some people like a investment or a project bike.
Don't invest a large amount in your first bike for many reasons.
I bought a 2021 KTM Duke 390 for $6,700. Then, I spent another $4,000 bringing it with me.
Later, I bought a 1999 Honda VFR-800fi for €2,850.
Guess which bike is better in every category except weight? That weight also makes it more stable.
People buy what they could not afford when they were young. As they age out so does the demand. There is a small window where the bikes are worth a lot of money then it drops quickly
This is true Frank, I do own a Honda xl 250r 1982 in which I grew up with a poster on the wall, at the age of 47 I now own one, it was a project bike which I personally refurbished and love it. It’s definitely a generational thing.
I’ve been following the auction results for just over a year and prices have been dropping steadily, I wonder if the endless banging on about the ‘climate crisis’ and the ban on selling new ICE vehicles looming on the horizon is making folk wary of buying something that may well be just a museum exhibit in the not too distant future.
Good video,Didnt really see any real indication of price drops, most still looked expensive.. all you guys commenting negatively must have watched a different video haha.
It’s interesting because this was a first for us filming a auction and we thoughly enjoyed it. I’ve heard recently that there’s a dip in the bike world so this was a perfect time to go along and take a look and see what the bikes were selling for and the comments that come through. Brilliant to read them 👍
Yamaha RD 250 and Honda NSR is a legend
Without a doubt 👍🏍️💨💨💨💨
Great video, very informative and extremely well presented, I suppose it comes down to the generation factor, guys wanting their 70s dream back will soon be in their late 60s, so bikes going back to the generations before will have an even smaller audience, my guess would be the market that will be the most buoyant in the future will be the 90s superbike era.
Thank you for your kind words! I'm glad you enjoyed the video. You make a great point about the appeal of bikes. As enthusiasts from the 70s age, the demand for bikes from that era may indeed decline. The 90s superbike era is definitely gaining traction, and it will likely remain popular as riders who grew up in that period seek to relive their memories. It's an exciting time to see how the market evolves!
that 250LC would maybe fetch 12k - 14k NZ dollars = 6 to7000 pounds in NZ ...people prefer the 350
Yes the 350 is definitely more sellable
Bikes are definitely getting harder to sell, less bikers around I guess, I was encouraged by the Fireblade price though, I’ve got a nicer one in my garage with a documented 19k miles , so that spoke well for my bikes current value , that said I certainly don’t expect it to gain value, probably time to sell! 🙂👍
Knowing when to sell is the key. I recon the blade is still a good investment bike
Not many British bikes ?
The lovely Italian Laverda was the obvious star ! well worth 13k-
It looked even better in the flesh 👍
Fair play what awesome bikes !! I was surprised the RD250 didn't sell, great video 👍 Just subscribed
Thanks for the sub! I think they’ve been trying to sell the RD 250
For a couple of years. It’s a rare but 15K I’m not sure someone would pay that. It’s a good time to buy in the uk and for the overseas buyers the dollar to the pound is strong 👍
@@thatbikersimon 15K is a bit steep, it will probably end up on display in someones lounge 😂 Great channel 👍
Caravans, car auctions, camera gear and even tattoos. These are the videos I've seen in the past few days saying the market has collapsed.
It's because we're entertaining an economic depression.
I dropped off the RD250LC, beautiful bike 👌
What a beautiful bike 👍
Brilliant presentation Simon & Amy.I don't think it proves anything really , the market in any ' classic ' vehicles is volatile and in an era of ' worthless money ' If you buy anything in this category you need to be certain that you really want it and for what reason - to ride or gaze at in admiration or for investment ?.The RD250LC is a case in point - the owner was expecting a large return but what the hell can you do with it ? - every mile even with occasional use will see that 'investment' reducing with every mile , beautiful thing that it is and has been said everyone wanted the 350 - recall being offered a mint 3kmile 350LC in ' 82 for £400 !.
Thanks Roger, yes your right. The only investment for me is the ride itself. It’s interesting to in the auction room on the day and experience the nostalgia excitement.
I hope it carries on like this as next year I will definitely be considering to buy. I didn't see many millennials in the auction house, opportunity I guess.
why? ebay & facebook sell for 1/3rd less, only downside is you have to eff about travelling to & from
@@kass9722 iv already bagged something from Ebay but sometimes these particular auctions have very rare bikes.
TRY buying a bike on face-book market place..they are mental, [above dealer prices]
Oh really I’ve not checked. But are they selling
It’s not just motorcycles the classic car market isn’t what it was
it is exactly what it was! good sought after vehicles command good prices run of the mill stuff doesnt, the flippers who bought during c'vid are taking a hit & rightly so!
l have resigned myself to fact l cant afford any of the bikes on offer. At 78 and a bit decrepit l couldn't throw my leg over many of them even if l could afford them... But there was a time , yes there was a time when l did own a couple of bikes that have now reached classic status. A Moto Guzzi 850 leMans ( No mark number)... and a Ducati 99 SS. In their time classic Italian Stallions .Even a BMW R100RS.... l hung about with blokes who owned the same plus Laverda Jotas and Monjuic etc!...It's all but a misty memory now but Boy! was it great.....My 900 SS was 2,200 pounds at the time. The Guzzi 1,999 pounds....like most bikers l got bored and sold them on...... isn't hindsight wonderful!!
People are buying a lot of motorcycles, the motors are just electric now.
My take is that I can make electricity if I'm out in the middle of nowhere but I can't make gas; that's why I'm a fan of PEV.
Electric bikes aren’t cheap
Interesting video for us bikers good bikes in the auction.
Glad you enjoyed it buddy 👍
I fear these charming older bikes are too big, too oily, too noisy, too smelly, too costly, too everything for these days: who remembers when you could park a 750 with ease in London for free? And not get done for a bus lane infringement.
The worry is now Ken it will get stolen in our capital city of London, a lot of guys can’t even get an insurance quote under that postcode
Can’t believe your sat in the room and didn’t put your hand up for the LC 250 so cheap i know it didn’t sale lol
What price do you think it’s worth?
Seems especially older bikes are selling for less, I was amazed to see on the vincent VOC spares 10 Vincents for sale, they reckon the younger enthusiasts dont want them, and the older enthisists have died off, they are still expensive but obviously not as much in demand
Maybe so but we all become classics eventually. Man or machine lol 🏍️💨💨💨💨💨
Im so peeved i missed that 250 can am bombadier , i didnt go coz i assumed it would go for £2-3000 in the end it went for £1090 . just what i was willing to go up to dagnabit
Snooze you lose. It’s a tough one to predict at the moment.
10K for a 250 LC, gotta be a collector.
I wouldnt want the NS 250, I think they were plated alloy barrels.
Wow there’s some fantastic bikes there Simon. You should of had a little bid 💴
Next time! I might even sell my Honda XL250R in the auction
It seems to be very difficult to get a licence in Britain.
It’s certainly getting harder