OzVMX Forum
Clubroom => General Discussion => Topic started by: Slakewell on September 27, 2014, 01:12:43 pm
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You know the deal your surfing e-bay or Gum tree etc and the words super rare / very rare / Rare
Here it is from a car point of view but sums it up.
Rarity vs. Value!
Another frequent myth associated with the old car hobby, and especially related to collector car values, is rarity.
Rarity of Vehicle
How many times have you been to a car show and seen a sign on a car that reads, "Only one of 308 ever produced!"? Was it a true limited edition vehicle? A car of extreme high cost, engineering excellence or exclusivity? Or, did they sell only that many because no one wanted to drive the ugly thing? Could it have been grossly overpriced compared to similar vehicles? Cars are rare for many reasons; some build collector value and some reinforce why the car didn't sell in the first place.
Not many Duesenbergs where built, mostly because of cost and the economics of the time...they're certainly among today's top collector cars. Ford only produced 76 Edsel convertibles in 1960...not because the car was especially bad, or ugly, but production was cut short as the entire Edsel line was dropped shortly after introduction. Yet, these too are highly collectable.
Without trying to offend any of our readers, cars such as the Hudson Jet, Henry J, and King Midget never sold in great numbers due to missing some element that would attract the masses. As collector's items these cars are but a few of many that continue to lack some certain appeal that would yield high value. Some modern factory "limited editions" are "limited" to only as many as the factory can sell.
Rarity of Survival
There are certain cars that, while built in lower volume than most collector cars, seemed to be perceived as "special" from the start. Examples include; ’55-’57 Thunderbirds, Ford retractable hardtops, Avantis, Chevrolet Nomads, early Corvettes, Chrysler Town & Country convertibles and sedans and so on. These cars sold well, due to exceptionally appealing styling or filling a specific marketing niche, and many were delegated to "Sunday's only" or at least a little pampering.
How many times have you gone to car a show and read the most dangerous sign of all: "Only one of 3 known to exist in the world today!"? Known to whom? By what standard? By registrations? By some formula? We can practically guarantee that if you place one of these signs on your car at a major car event, an identical car will pull in next to you!
Ironically, cars such as the ones we've listed above, while being "blue chip" collector cars, have seen relatively stable fluctuations in value. No rapid jumps, no skyrockets, but a solid, constant demand that has allowed them to climb slowly in value and yet remain less volatile.
Rarity of Options
Yes, the third famous ill-fated car show sign: "One of only 3 known to exist with hi-po 454 engine, factory air, lighted tissue dispenser and special order DO9 code Burgundy paint!" Yes, some of these factors can matter to the purist, but in the overall hobby market you won't find too many sympathetic ears. Good, solid, basic collector cars don't need gimmicks or obscure options to prove solid value. Of course, some high-performance car engine options can mean a whole lot. That "R" code as the fifth digit in the serial number of your 1967 Mercury Comet can more than double the car's value, as it would indicate a super-rare 425HP/427-cu.-in. V8.
Rarity can help you car's value, but it isn't everything. Originality, low miles, restoration authenticity, quality of construction on restorations and especially street rods, can mean a lot. As a matter of fact, condition, condition, condition is paramount in collector car valuation. So grab that Eastwood catalog and head for the garage—a little resto-upgrade may be more important that rarity.
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My pet hate is
"Never been raced"
Yes but it has been flogged around the bush and ridden on the road and had very little maintenance
but never been raced
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ive never bothered looking at anything that has never been raced. will always consider a race bike to be maintained..if not well....
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My favourites :
" perfect for restoration/would suit enthusiast " ie. it's a piece of poo and unless you rebuild it from top to bottom you might as well take it to the tip
"Dragged it out of the shed after twenty years and it started third kick." ie. after pouring fuel into the gummed up carby i managed to get it to fire and suck the remnants of the air filter through the engine. (Probably spun a couple of bearings in the cases for good measure)
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we should put together a bible for the "unwary resto noob" ;D that quote is first!
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the other classic was "purchased to restore but have too many other projects ..this must go"
actually means "bought it of a kid up the road for $20 bucks...want to flog it for as much as possible!!"
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That's the one I like the most," to many other projects " !!!! I thought everyone was like me with 8 or 10 rebuilds going at once . I have only once given up on a rebuild it was a 75 Maico 250 half way through Les wanted it so I sold it to him other than that when I get stuck for a while I start on one of the others till I can find the part I need . Iain
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awesome power.................
Experienced riders only...................
pulls mono's in every gear.................
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race ready = slow shitbox
fully restored = bodgey shitbox
US model = no fu..king idea what it's like
selling for a mate = not game to admit its mine
lots spent = $3.50
ground up resto = marginally better parts used from my shed
receipts = been through the bin at my bike shop
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Pulls like a truck
Has a heart of gold
Always backs up for a couple of laps
Standard bore
"teddy"
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Receipts, I once did keep all of them for a 1977 YZ250 I built . never again I added them up at the end and scared myself plus if you do it the finance minister could find them . Then you would be in deep shite . Iain
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Pulls like a truck
Has a heart of gold
Always backs up for a couple of laps
Standard bore
"teddy"
Shoemakervanoffal = pseudo Swede
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8)
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8)
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"First to see will buy" My second job is fortune telling
" Thousands spent " I have wasted twice what its worth and still its a pile of crap, your turn.
" Offers over $3500" Just seeing if there is any wood ducks stupid enough to make an offer.
" Nothing to spend" Not straight away but second ride in it will shit itself.
" Final time listed" No ones interested in this pile of crap, i am taking it to the tip.
"Heaps of spares" all the old worn parts for you to take home with you, saves me paying to take them to the tip.
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125 MXer = "great beginner's bike".
XR200 = "goes real hard".
DR250 = "experienced riders only".
The other thing that has been annoying me are idiots who don't know what year model their bike is - especially when they claim they've fully rebuilt it...
And kids talking up any f$%ked out CR or KX500 as though its the second coming of Christ.
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I would never buy a bike from someone who states "goes hard" any where in there description.
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I cannot stand the rare description either. If you have been looking for something for months and have not found it, you will know it is rare without someone telling you in the description. Then some guy advertises something as rare and the dealer still has a thousand of them waiting to be sold. ::)
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just saw one..." XL 125...make a great Vinduro bike"....
sawa CT 125 have 25 goes at a hill at a recent Vinduro.....so the answer is "I don't think so"
I never saw one entered in my time riding enduros and general completion.... wait! once at the Puckapunyal race there was an agbike and gumboot class....there was an xl 125 or was it a 175?
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My fav dirt bike test quote of all time from Super Hunky
Regarding the 74 xl 125 , Honda dose nor quote a power figure for the XL which we think is just about right :D
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My fav is about power bands , I wonder how many just print what others have on the past . The other is the use of VMX in descriptions is it the new catch word any bike older than 15 years has VMX in the description . Iain
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Yep, "VMX" is the biggy...
Dt125 (or any soft dual purpose bike from the 60's to the 80's) for sale ...suit VMX or Vinduro... :o
obviously never ridden it!