OzVMX Forum

Clubroom => General Discussion => Topic started by: Slakewell on September 22, 2016, 05:26:13 pm

Title: Are prices droping ?
Post by: Slakewell on September 22, 2016, 05:26:13 pm
Been unable to sell a few bikes lately for what I felt was under current asking prices. Been following a few on ebay that seem like bargains but are not selling? This lovely Montesa is surely a 5/6K bike but cant get bids over 3k? Even CR 500 are not selling
http://www.ebay.com.au/itm/montesa-250-h7-/122121399866?_trksid=p2047675.l2557&ssPageName=STRK%3AMEBIDX%3AIT&nma=true&si=pSPIOx8TnwWpxTmxTnUjbYk3be8%253D&orig_cvip=true&rt=nc
Title: Re: Are prices droping ?
Post by: pecrazy on September 22, 2016, 05:39:28 pm
I think these are just hard times, market flooded with bikes doesn't help either. On another note I am happy with my latest sales, latest purchase well that's another story.
Title: Re: Are prices droping ?
Post by: Wasp on September 22, 2016, 07:01:44 pm
Its a racers dream . Lovely bikes below cost . Petrol at is lowest . Tracks galore .
Title: Re: Are prices droping ?
Post by: Rossvickicampbell on September 22, 2016, 08:09:07 pm
I am amazed at the high prices being asked around the traps - whether people are getting it I don't know - but $8-$10K for a 78 CR250!!!!!!!!!!!!
Title: Re: Are prices droping ?
Post by: Richo52 on September 22, 2016, 08:27:12 pm
Just got a fair price for my YZ360B......not the 10k heady prices of 5 years ago but a decent price nonetheless ....I'm happy and the buyers happy.....win/win.
Title: Re: Are prices droping ?
Post by: evo550 on September 22, 2016, 08:58:28 pm
Asking price is one thing.......selling price is another.
Title: Re: Are prices droping ?
Post by: pokey on September 22, 2016, 09:13:12 pm
Apparently , if you want big money you have to have have an old cow chaser, hose it off and  fit a set of clip ons and call it a cafe racer.  :o

I do see very nice bikes at reasonable or what i would consider the top end of the market being offered for sale and they just are not being sold. Just like Slakewell has described. Then i see the above mentioned and Im wondering  what the hell is happening to the entire vintage market. its all arse up.

At a guess i think we should advertise or look on reputable places that weed out the BS . Fleabay has always been hit and miss but the amount of bikes advertised i estimate has dropped to 10% of what it was ten years ago. This leaves all the crap still there and only a few bone fide bikes so the result has more of a shock effect.

 It would be good if we could file a law suit against the falsely advertised as  "full resto just blows smoke on start up"  as that may settle the market down to somewhere near realistic..
Title: Re: Are prices droping ?
Post by: Curtis on September 22, 2016, 10:04:38 pm
As generations get older the VMX buyers maket is shrinking. Who will want these nice old dirt bikes in the future??...other than me ;)
On the other hand pre 95 MXers are going up in value as that class grows.
Title: Re: Are prices droping ?
Post by: 80-85 husky on September 23, 2016, 08:09:48 am
just like the cars...10 years ago it was hk monaros and gt falcars now its brock commodores and xf fords.

can you believe a bloke paid near on a mill for a gt falcon, promptly went bust in the gfc and it was sold for half or so ouch...
Title: Re: Are prices droping ?
Post by: Nathan S on September 23, 2016, 08:23:09 am
I'm seeing more and more optimist sellers, and less and less bikes being sold.

There's definitely a larger number of punters (rather than enthusiasts) trying to make money from buying and selling old bikes and cars. I see a lot of them having small wins, a lot of them disappointed, and a few making reasonable money - but mostly I see them creating a market bubble that will leave a lot of them stranded when the bubble pops.



Title: Re: Are prices droping ?
Post by: OverTheHill on September 23, 2016, 09:00:17 am
price on my 490 isn't dropping--which is why it's not selling lol--don't realy care, yet!!.
http://www.trademe.co.nz/Browse/Listing.aspx?id=1160218197
or my HT1 come to think lol.
http://www.trademe.co.nz/Browse/Listing.aspx?id=1165355159
but wait there's more--my Jag won't go away either.
http://www.trademe.co.nz/Browse/Listing.aspx?id=1165352433
greedy bastard.
Title: Re: Are prices droping ?
Post by: 80-85 husky on September 23, 2016, 12:56:47 pm
for a quick sale, you need to fit a "barn find kit"...jar of red dust, jar of red back spiders and an old tyre. they usually throw in a can of instant spider web as well...
Title: Re: Are prices droping ?
Post by: Mike52 on September 23, 2016, 05:13:25 pm
Put up a 83/WR430 white tank for a mate $4200 neg.
Tank respray the only thing to do.

Over 50 people sang it's praises but when it came to the money.
Not a nibble.
Even fired it up and took it for a run.
Mate says " Runs too good I'll keep it " .
and there ya go.
Title: Re: Are prices droping ?
Post by: cemotobull on September 23, 2016, 06:30:36 pm
I'm happy to help someone sell a Bultaco mk7 250 pursang if they have one available.
I'm looming to spend around the $1K mark. PM me.
Title: Re: Are prices droping ?
Post by: mark1076 on September 24, 2016, 06:43:00 am
Wage growth has been slow in the last few years (tightarses!), and with that, people's budgets for their recreational pursuits (including bikes) has shrunk. Therefore, there is slightly less competition and less people willing to pay more for what is on offer. One thing for sure though, I watched a pristine U.S model XR600RG bid up to almost $12K last week, and an unrestored, but tidy XT500 sell for $6K, so compared to 15 years ago, these bikes are still expensive if they are very tidy.

I guess there are other things at play too, as has been mentioned above, the pool of buyers for "older" pre 80 bikes may be shrinking because 1- Some have got too old to ride and 2- Some are migrating to the Pre-90/Pre-85 classes.

Food for thought.   8)

Cheers, Mark
Title: Re: Are prices droping ?
Post by: pecrazy on September 24, 2016, 01:21:03 pm
Over the hill, that YZ490 looks good, just paid $3500 for an Aus YZ490 that I found had a roached motor. I like Pokey's idea of filing a lawsuit against advertisers and sellers of said bikes, so called ex Yamaha race team mechanics ppffft.
Title: Re: Are prices droping ?
Post by: Wasp on September 27, 2016, 09:22:50 pm
I think pre90, 95 or pre 2000 for that matter will be short lived . Most of that clientele is only going for that , because its cheaper than current stuff  or classic .( A new decal kit and your 95 is just about current ) And when the cheap hacks dry up , they move on . Thats how I see it . In the long run a good Maico , Montesa , Bultaco , KTM or even better a Puch will be the Icon . Just went to a event in NT on the weekend ( thanks for the ride Brent ) and out of 120 bikes there was one (1) H2 . Guess where the crowd gathered and wanted to hear the roar ? Yes prices are dropping for many models , but some will actually rise now  . You just have to pick the right one .
Title: Re: Are prices droping ?
Post by: William Doe on September 28, 2016, 05:59:37 am
I think pre90, 95 or pre 2000 for that matter will be short lived . Most of that clientele is only going for that , because its cheaper than current stuff  or classic .( A new decal kit and your 95 is just about current ) And when the cheap hacks dry up , they move on . Thats how I see it . In the long run a good Maico , Montesa , Bultaco , KTM or even better a Puch will be the Icon . Just went to a event in NT on the weekend ( thanks for the ride Brent ) and out of 120 bikes there was one (1) H2 . Guess where the crowd gathered and wanted to hear the roar ? Yes prices are dropping for many models , but some will actually rise now  . You just have to pick the right one .

I think your spot on with this Wal  :)

The reality is real VMX captures a moment in time when inovation and development of MX bikes was changing week to week , and real factory bikes .

This later model shit , is as beige as a Camira . I agree 100% about the cheap shitter racing being the attraction .
True classics will always have a value but like any antique that value is a moving one up and down with the economy .
Title: Re: Are prices droping ?
Post by: 80-85 husky on September 28, 2016, 07:41:59 am
the yanks are back on the boil and with the dollar where it is they have a 30% discount working in there favour so a lot of prices are tilted toward them.
Title: Re: Are prices droping ?
Post by: Curtis on September 29, 2016, 01:50:27 pm
Sorry dont agree, VMX is total nostalgia for most blokes. Look at the age groups riding, pre 75 as opposed to pre 95. Guys in the pre 95 class are are in there 30s and 40s. Not 50 years old. The bikes that hold the price are the ones being raced in popular classes.
Pre 95 is here to stay as VMX progresses, ...early 90s MXers are far from beige, (in my opinion). Also pretty different to fuel injected, titanium valved reverse mounted four strokes.

Just to show im not biased and love the old bikes too, I finished Harrow this year on my 76 XT500 ;)
Title: Re: Are prices droping ?
Post by: 80-85 husky on September 29, 2016, 02:13:53 pm
you rode a 500 xt Yamaha at Harrow :o fittest man on the block... 8)

Title: Re: Are prices droping ?
Post by: Curtis on September 29, 2016, 05:31:37 pm
Well at 35 im only a Junior Vinduro rider  ;)....one of the youngest guys on one of the oldest bike
Title: Re: Are prices droping ?
Post by: Nathan S on September 29, 2016, 09:40:14 pm
There was a time when people claimed that XA Falcons weren't classics.

The people who made those claims were wrong too.

The late 80s to mid 90s is my pet era. The only way I'll lose interest in it is if the whinging old bitches in the VMX world beat me down and go play with moderns exclusively.
Title: Re: Are prices droping ?
Post by: Wasp on September 30, 2016, 07:50:32 am
Nathan , you are a Volvo man , I believe . If you could freely choose , would you go for a B22 , 1800 S  or a 144?
Title: Re: Are prices droping ?
Post by: Nathan S on September 30, 2016, 08:21:46 am
As a car for me to pay for, and live with, a 144. And by a significant margin.
The P1800 simply doesn't rate for me.

The reasons for this is much the same as why I'm way more passionate about a 1994 KX125, than a 1979 KX125: I have a direct emotional connection with one of the newer model, and that's WAY more significant than rarity, what other people want, or market speculation.

Title: Re: Are prices droping ?
Post by: djr on September 30, 2016, 08:28:59 am
My own favourite era would be pre 75, but I am 50 years old,
 if I was 35 years old I would probably be buying 1990s bikes
Every generation has different nostalgia, for different stuff
Farleigh Castle VMXDN has pre90 bikes, no one calls that event " cheap shitter racing"
Lots of old guys used to say Japanese bikes could never become classic, they were wrong.
The only bikes I think will fall in value a lot are the ones which are already overpriced & overrated
 (we all have an opinion on those ! )
And at least most of the pre90/95/2000 bikes are 2 stroke, which makes a change from the modern 4 stroke stuff
Title: Re: Are prices droping ?
Post by: oldyzman on September 30, 2016, 08:36:09 am
how bout the 242GT Nathan, underpowered for the mass of car, but i think its the coolest classic volvo made for the general public.
Title: Re: Are prices droping ?
Post by: pokey on September 30, 2016, 08:56:50 am
I feel the formula for success is, Is it rare was it rare Is it wanted was it wanted is it correct? Tick those boxes and the price will hold or elevate. Anything else is a weekly yoyo. My exceptions are period correct Accessories as they are window dressing and were wanted. I still get plenty of giggles out of those ambitious sellers. Then again we have bikes that were like fleas that are now wanted.. take the humble bsa bantam, every man and his dog had one but now they are becoming trendy.. lambretta...   Its a crazy world with crazy people and I may be one of them.
Title: Re: Are prices droping ?
Post by: Mick D on September 30, 2016, 10:22:34 am
What about a 64 Vespa?
Greatest price drop ever :)
A lady(couple) on my cycling route, who I have befriended over the years, flagged me down last weekend.
She has a 100% complete one laying up the side of her house. No sun damage, upholstery and chrome still very good,
Cover blew off and has a lot of rust in floor pan and tin tunnel thingy,,,,,,,,,but running well when parked because of illness.

As I tried to weasel out of it she said, "I don't want anything for it, you can have it Mick"
Now normally I would have been back with the ute quicker than Donald Trump can put his foot in his mouth ::) ::) ::)
  "Well its ok it can sit there as long as you want, think about it. You can come and get it when you want"

Its nearly the next week end and I am still standing strong >:( >:( >:( No more, no more
Why couldn't it have been a MaicoLetta ::) ;D
Title: Re: Are prices droping ?
Post by: Mick D on September 30, 2016, 10:32:01 am
Now the asking prices for these keep going up and up
(http://i677.photobucket.com/albums/vv132/mc125mick/13258875_1027680720660155_2058178053_n_zps8kajmz09.jpg)

I probably should print a photo of that and put it on the wall of hope and dreams ::)
Title: Re: Are prices droping ?
Post by: Rossvickicampbell on September 30, 2016, 10:56:59 am
talk about insane prices and especially for accessories - I am watching the guy who wants $1200USD for a set of NOS old school Scott boots. :)
Title: Re: Are prices droping ?
Post by: Mick D on September 30, 2016, 11:11:32 am
talk about insane prices and especially for accessories - I am watching the guy who wants $1200USD for a set of NOS old school Scott boots. :)

Now he is dreamin,,







of a drug effected more cash than brains buyer ::) ::) ::) ::) ::)
Title: Re: Are prices droping ?
Post by: Freakshow on September 30, 2016, 12:48:26 pm
Ha ha i had a maicoletta with tradesman side car. only sold it a few years back.  Pin striped by old mate at regal design before he passed away, electric osoalting start, gear change indicator, for a 53' model it was space age tech.

the one you really need to track down is the maico mobil ! not that is a collector and cool piece if you can ever locate one.
Title: Re: Are prices droping ?
Post by: Freakshow on September 30, 2016, 12:52:13 pm
What about a 64 Vespa?
Greatest price drop ever :)
A lady(couple) on my cycling route, who I have befriended over the years, flagged me down last weekend.
She has a 100% complete one laying up the side of her house. No sun damage, upholstery and chrome still very good,
Cover blew off and has a lot of rust in floor pan and tin tunnel thingy,,,,,,,,,but running well when parked because of illness.

SOLD. Pick it up and then hook me up ill take it off your hands now for $200 clams ASAP.  fastest $200 youll make this week :)


Title: Re: Are prices droping ?
Post by: pokey on September 30, 2016, 01:04:33 pm
What did I say Mick?  Those fugly things are worth dollars now. Freaky your a very ill man.. its a scooter
Title: Re: Are prices droping ?
Post by: 80-85 husky on September 30, 2016, 06:31:05 pm
there is a guy in Cairns who retro fits the vespa with a hot 150cc motor with chrome expansion chamber....mate has one.
Title: Re: Are prices droping ?
Post by: Nathan S on September 30, 2016, 07:39:54 pm
how bout the 242GT Nathan, underpowered for the mass of car, but i think its the coolest classic volvo made for the general public.

I will own another GT, providing their prices haven't gone crazy when I my nostalgia finally outweighs my pragmatism.
Title: Re: Are prices droping ?
Post by: bazza on October 01, 2016, 12:35:34 pm
Ross, lots old NOS scott boots floating around Unzud (20 pair came in few years ago) 1 set for $1000 nz on trade me
Title: Re: Are prices droping ?
Post by: Mick D on October 02, 2016, 02:12:40 pm
What about a 64 Vespa?
Greatest price drop ever :)
A lady(couple) on my cycling route, who I have befriended over the years, flagged me down last weekend.
She has a 100% complete one laying up the side of her house. No sun damage, upholstery and chrome still very good,
Cover blew off and has a lot of rust in floor pan and tin tunnel thingy,,,,,,,,,but running well when parked because of illness.

SOLD. Pick it up and then hook me up ill take it off your hands now for $200 clams ASAP.  fastest $200 you'll make this week :)

Sorry Freakshow and in answer to several PM's received.

If I were to grab it and "Flip" it. I would have to be fair and that means probably the first hand up to ask the same question.
That being the PM, which was from Yamacio.

Not sure if I will move it straight on, but has a lot of bad rust so maybe I will. Need to mull it over for a bit.
Had dinner with them last night. probably pick it up this arvo.

Title: Re: Are prices droping ?
Post by: Mick D on October 02, 2016, 02:27:58 pm
Trouble is, then I will owe them a favor.
Hot tip I have learnt, if you have friends or family, don't buy a ute ::) ::) ::) ::)

Next problem will be when they ask how are you going with the Vespa? Having fun?

How do I get it to a stage where I can say ooh I sold it and spent the money on  ::) ::) ::) ::) ::) ::)

Ummh, one step at a time
Title: Re: Are prices droping ?
Post by: 80-85 husky on October 02, 2016, 05:23:48 pm
just tell a mate dropped by and said his father had one just like that blah blah and so you sold it...take em out for coffee on the proceeds...
Title: Re: Are prices droping ?
Post by: Mick D on October 02, 2016, 07:26:18 pm
It has deteriorated even heaps further since I originally first saw it years ago, very sad but here it is anyhow
(http://i677.photobucket.com/albums/vv132/mc125mick/20161002_165550_zpsmpej8fb9.jpg?t=1475310012)

(http://i677.photobucket.com/albums/vv132/mc125mick/20161002_165638_zpswyfqi8au.jpg?t=1475310032)

(http://i677.photobucket.com/albums/vv132/mc125mick/20161002_165655_zpsk1mvamsx.jpg?t=1475310060)

(http://i677.photobucket.com/albums/vv132/mc125mick/20161002_165608_zpsmhtkenyd.jpg?t=1475310068)

(http://i677.photobucket.com/albums/vv132/mc125mick/20161002_165632_zpszjvwjusy.jpg?t=1475310074)
Title: Re: Are prices droping ?
Post by: Mick D on October 02, 2016, 07:28:39 pm
As I said very sad and heaps of rust.

Yamaco's PM came through first on a time line, then Freakshows post, then three other PM's.
So you have first refusal Yamaco.
Title: Re: Are prices droping ?
Post by: Mick D on October 02, 2016, 07:37:30 pm
The floor plan and leg guard are fixed to the tunnel with bolts.
Kick start seems jammed, so didn't want to force it. but turns over with plenty of compression when it is put in gear.

Not hot, last regoed in Senior Police prosecutors name.

Box of extras/spares and Manual.
Title: Re: Are prices droping ?
Post by: DR500 on October 02, 2016, 10:32:04 pm
that's not that bad.
Title: Re: Are prices droping ?
Post by: Mick D on October 03, 2016, 08:57:30 am
(http://i677.photobucket.com/albums/vv132/mc125mick/20161003_084803_zpszaslngum.jpg)
Title: Re: Are prices droping ?
Post by: Mick D on October 04, 2016, 09:54:55 pm
just tell a mate dropped by and said his father had one just like that blah blah and so you sold it...take em out for coffee on the proceeds...

I think more of myself, than to do that.