topaz325 Posted November 6 Report Share Posted November 6 Rotrax 1950 speedway bike went for £3000.00 , provisional . Quote Link to comment Share on other sites More sharing options...
THE DEAN MACHINE Posted November 7 Report Share Posted November 7 9 hours ago, topaz325 said: Rotrax 1950 speedway bike went for £3000.00 , provisional . Unfortunately prices are bombing in the classic car and bike markets including speedway bikes, 2 valve Jawas are particularly bad, japs have pretty much halved in price, weslake’s seem to be holding up but have never really been high priced,there have always been dips and highs and it’s definitely a buyers market at the moment but this time I struggle to see where the next high is coming from, the older collectors are dying off and the younger generation are just not interested in classics, in the car market things like pre 1970 cars are not selling as the new collectors couldn’t care less, they think a classic is an escort XR3I or a sierra cosworth 1 Quote Link to comment Share on other sites More sharing options...
piston197 Posted November 7 Report Share Posted November 7 Dean, having a foot in the classic market, a lot of what you say is true, in the bike world generally there is a downward trend, the only areas bucking the trend seem to be military WW2 machines, 1970's Japanese and Italian machines and top of the range limited edition bikes from 1990/2000's ( Ducati especially) The age demographic of the owner now has sealed the fate of many 1940/50/60's British lumps of iron and the forty year old rule for free tax and non-requirement of MOT has driven up the desire for just pre 1984 machines, this is largely why, as you say, the rubbish we were buying for a few hundred quid in the day as a second hand vehicle have now become so desirable in the car world, this includes a lot of what were absolute shockers in the day , allegro, avenger , ital ,marina, Princess, Granada etc. meanwhile anything with a low survival rate from this period like alfasud , Lancia Beta, Saxo etc that rotted to death if they went near a puddle are also now desirable, before we even get onto Escorts, capris,205's Golfs etc Meanwhile, like the bikes, the older cars are in a downward spiral, I have sheds full of bikes which most are now not worth the price I paid for them when I bought them, for example I have a 1966 Triumph TR6 Trophy I bought about 6 years ago for £7k, I doubt even on a good day it would be unlikely to achieve £5k now. Quote Link to comment Share on other sites More sharing options...
SJA Posted November 7 Report Share Posted November 7 8 hours ago, THE DEAN MACHINE said: Unfortunately prices are bombing in the classic car and bike markets including speedway bikes, 2 valve Jawas are particularly bad, japs have pretty much halved in price, weslake’s seem to be holding up but have never really been high priced,there have always been dips and highs and it’s definitely a buyers market at the moment but this time I struggle to see where the next high is coming from, the older collectors are dying off and the younger generation are just not interested in classics, in the car market things like pre 1970 cars are not selling as the new collectors couldn’t care less, they think a classic is an escort XR3I or a sierra cosworth One of my neighbours is in the classics market, deals with top end cars. However, speaking to him recently he has a collection of over 10 Saab 900 Turbos. He thinks this will be the next car to explode price wise. His bread and butter has always been Aston's Ferraris etc. Now he is interested in anything to do with Group B rallying. Quote Link to comment Share on other sites More sharing options...
piston197 Posted November 7 Report Share Posted November 7 1 hour ago, SJA said: One of my neighbours is in the classics market, deals with top end cars. However, speaking to him recently he has a collection of over 10 Saab 900 Turbos. He thinks this will be the next car to explode price wise. His bread and butter has always been Aston's Ferraris etc. Now he is interested in anything to do with Group B rallying. Saab 9-5 3.0 V6 Turbo, low mileage, excellent condition, silky smooth, powerful | eBay Can still be bought cheap enough to have a wager ? Quote Link to comment Share on other sites More sharing options...
topaz325 Posted November 7 Author Report Share Posted November 7 It seems the bike market as said above is at an all time low , many jap superbikes from the 80,s and 90,s are going for a few thousand pounds and are generally in good condition. I am not a biker but the auction was interesting to see the variety of bikes on sale , Steve Berry the co host said its the best time to buy eg a Fireblade from the 90,s as prices are only going to rise in the future. Quote Link to comment Share on other sites More sharing options...
piston197 Posted November 7 Report Share Posted November 7 "It seems the bike market as said above is at an all time low" Definitely not at an all time low, I have auction catalogues going back 30 years all marked up, if you go back to around 2000-2005 you can see Honda C50/C90 and CG125's estimated at £50-80 the current price these are making shows where the growth is, similarly BSA 500 Gold stars were estimated £5000-6500 and 350 Gold stars £4000-5000, while the prices are on the way down, they have not yet slid to an all time low, although taking in inflation buying classics is not the "investment " it was, buy it today, sell it tomorrow, make a small profit is the nature these days, keeping the wrong thing for years and expecting a substantial profit has ended I am afraid. 1 Quote Link to comment Share on other sites More sharing options...
customhouseregularisback Posted November 9 Report Share Posted November 9 On 11/7/2024 at 7:01 AM, piston197 said: Dean, having a foot in the classic market, a lot of what you say is true, in the bike world generally there is a downward trend, the only areas bucking the trend seem to be military WW2 machines, 1970's Japanese and Italian machines and top of the range limited edition bikes from 1990/2000's ( Ducati especially) The age demographic of the owner now has sealed the fate of many 1940/50/60's British lumps of iron and the forty year old rule for free tax and non-requirement of MOT has driven up the desire for just pre 1984 machines, this is largely why, as you say, the rubbish we were buying for a few hundred quid in the day as a second hand vehicle have now become so desirable in the car world, this includes a lot of what were absolute shockers in the day , allegro, avenger , ital ,marina, Princess, Granada etc. meanwhile anything with a low survival rate from this period like alfasud , Lancia Beta, Saxo etc that rotted to death if they went near a puddle are also now desirable, before we even get onto Escorts, capris,205's Golfs etc Meanwhile, like the bikes, the older cars are in a downward spiral, I have sheds full of bikes which most are now not worth the price I paid for them when I bought them, for example I have a 1966 Triumph TR6 Trophy I bought about 6 years ago for £7k, I doubt even on a good day it would be unlikely to achieve £5k now. I don’t know if anyone would call this a classic car, but if I had the money to buy and run I would love a 1960 Buick LeSabre sedan. For it’s time a beautiful design which in my opinion still looks good today. Quote Link to comment Share on other sites More sharing options...
piston197 Posted November 9 Report Share Posted November 9 Fill you boots Price Guide: Buick LeSabre [UPDATED H2 2024] I have ran a Mustang and a Camaro at various times , and probably some will think I am personally responsible for "Climate change", lots of fun, V8 power, only tempered by V8 thirst ! Quote Link to comment Share on other sites More sharing options...
customhouseregularisback Posted November 9 Report Share Posted November 9 42 minutes ago, piston197 said: Fill you boots Price Guide: Buick LeSabre [UPDATED H2 2024] I have ran a Mustang and a Camaro at various times , and probably some will think I am personally responsible for "Climate change", lots of fun, V8 power, only tempered by V8 thirst ! My eldest son has a 2018 Mustang GT 5Litre. Roars like hell. Many years ago my dad had a 1959 Pontiac Strato Chief. Quote Link to comment Share on other sites More sharing options...
piston197 Posted November 9 Report Share Posted November 9 Yes lots of fun, my mate ran a big block 71 Camaro in street class bracket racing with a breakout dial time of 9,9 sec, car was called Honest John, we all had big yanks in the 80's/90's, I used my Camaro 5.7L as a daily driver, it would do about 26 MPG on cruise at 70MPH on motorways, but was nearer 12/ 14MPG around town and showing off ! sounds Thirsty, but the Sunbeam Alpine IV that replaced it only did about 19 MPG until I chucked the single Stromberg and replaced it with a twin choke Webber off a Mk1 Cortina then if went up to a heady 26MPG, cars have come a long way on economy, whereas motorcycles have gone backwards, I replaced a Francis Barnett 197 with a Honda 175 around 1973 and the fuel consumption doubled!, then again the speed was much better as well. Quote Link to comment Share on other sites More sharing options...
customhouseregularisback Posted November 9 Report Share Posted November 9 1 hour ago, piston197 said: Yes lots of fun, my mate ran a big block 71 Camaro in street class bracket racing with a breakout dial time of 9,9 sec, car was called Honest John, we all had big yanks in the 80's/90's, I used my Camaro 5.7L as a daily driver, it would do about 26 MPG on cruise at 70MPH on motorways, but was nearer 12/ 14MPG around town and showing off ! sounds Thirsty, but the Sunbeam Alpine IV that replaced it only did about 19 MPG until I chucked the single Stromberg and replaced it with a twin choke Webber off a Mk1 Cortina then if went up to a heady 26MPG, cars have come a long way on economy, whereas motorcycles have gone backwards, I replaced a Francis Barnett 197 with a Honda 175 around 1973 and the fuel consumption doubled!, then again the speed was much better as well. Going back to my early childhood (early 1950’s) our next door neighbours had a V8 Pilot. Just looked it up on Wiki…3,5Litre, 80 bhp, 0-60 in 21 seconds and 18 mpg. Things have certainly changed. My 1.4 Citroen reaches 60 in half the time and recently on a long run to Wales achieved 67 mpg. 1 Quote Link to comment Share on other sites More sharing options...
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