Author Topic: Honda return on investment Q?'s  (Read 2974 times)

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Offline Don R

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Honda return on investment Q?'s
« on: April 26, 2016, 07:34:12 PM »
 How about a discussion on fixing a bike up and what to spend your hard earned money on.  Most of us build or buy the bike we want but you also don't want to take a bath on it later. Like when you see the  bike you've been wanting since you were 12 and need to sell something to buy it.


 For Example, my decision now is I have a nice original mid year 750, when you spend $1500 putting on an original reproduction exhaust does it add that much to the value of the bike? I'm a big fan of original paint, but what about a new body kit?
No matter how many times you paint over a shadow, it's still there.
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Offline jaguar

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Re: Honda return on investment Q?'s
« Reply #1 on: April 26, 2016, 09:55:47 PM »
My opinion is that the only good money is in clean original bikes.
Really original stuff, NOT restored bikes.

Have made money with picking the right "barn find" and spending $1000-1500 doing a major service.  Actually going through the needed things and getting the bike on the road to sell.

Offline Duke McDukiedook

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Re: Honda return on investment Q?'s
« Reply #2 on: April 27, 2016, 08:28:06 AM »
Yeah, it is best to see restos not as an investment but something you do out of love for you.
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Offline Steve F

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Re: Honda return on investment Q?'s
« Reply #3 on: April 27, 2016, 09:38:56 AM »
My dad used to say "if you're not making money on it, then it's just a hobby".

Offline Gene

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Re: Honda return on investment Q?'s
« Reply #4 on: April 27, 2016, 09:55:44 AM »
It depends on how much you want to make.  If you spend a ton of money restoring a bike from the ground up, you're never going to make that back.  There's not enough of "us" out there that are willing to spend top dollar on a restoration, regardless of the intrinsic beauty and good work.  IMO, if I were "turning" bikes, I'd pick one up as cheaply as possible with a solid frame and engine, get it running well - i.e. spend resto money on the engine - then pick up a new body kit, slap it on.  Why?  Cuz it would look "newer" and appeal to the younger gents who are searching for a cool bike but don't have tons of cash.

But hell, I'm guessing at best.  I like the old faded bikes myself.
*1973 CB750K3 (Bow)

Offline Don R

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Re: Honda return on investment Q?'s
« Reply #5 on: April 27, 2016, 10:19:22 AM »
 I agree finding a nice original bike is best. however an original exhaust around here is almost unheard of.
No matter how many times you paint over a shadow, it's still there.
 CEO at the no kill motorcycle shop.
 You don't need a weatherman to know which way the wind blows.

Offline grcamna2

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Re: Honda return on investment Q?'s
« Reply #6 on: April 27, 2016, 10:41:53 AM »
I agree finding a nice original bike is best. however an original exhaust around here is almost unheard of.

I like your signature Don,I know you must have 'saved' quite a few by now  ;)
75' CB400F/'bunch o' parts' & 81' CB125S modded to a 'CB200S'
  I love the small ones too !
Do your BEST...nobody can take that away from you.

Offline Johnie

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Re: Honda return on investment Q?'s
« Reply #7 on: April 27, 2016, 12:52:51 PM »
I don't think the majority of us are working on these bike to make a profit, but to ride a reliable vintage machine. Vic World is a much different story, but I am sure he has some rides under his crotch too. Let's face it, we all enjoy the guy who comes up and talks about his old Honda...or the person on the sidewalk giving us a thumbs up. Something so cool about ridin' these machines that have stood the test of time.
« Last Edit: April 27, 2016, 12:54:41 PM by Johnie »
1970 CB750K0 - Candy Ruby Red
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Offline Don R

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Re: Honda return on investment Q?'s
« Reply #8 on: April 27, 2016, 01:06:12 PM »
 Maybe i'm like the crazy cat lady except with Hondas. 
No matter how many times you paint over a shadow, it's still there.
 CEO at the no kill motorcycle shop.
 You don't need a weatherman to know which way the wind blows.

Offline greenjeans

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Re: Honda return on investment Q?'s
« Reply #9 on: April 27, 2016, 02:01:05 PM »
FYI - you can find re-pop 341s for right at $1000.   I've bought and sold about 10 CB750s over the last 5-6 years and if they don't have original pipes I usually buy used ones (if I can find them) or now, that you can get re-pops again, I buy those.    Typically, when somebody shows up to take a look, the pipes sell the bike.   I usually don't have a bunch of cash in the bike to start - I try to find complete original bikes, but they just aren't out there like they used to be.   I do all the mechanical work and painting so my labor is "free".  That is the only way I make money on them.  If I had to pay myself for labor, I'd break even at best.

I agree that clean, original and complete bikes bring the money.   But, I usually get between $5-6 for mine when they are done.  Mine typically don't go to investment collectors.  They go to the guys that used to have one or just want a good clean, nice vintage ride.  That's my niche.  So, in my case, I do get a little return on my investment.  Just not much.   The thing that I find that sells these bikes the most is re-plated fasteners, shiney paint and shiney pipes.  Everybody sees the paint first, but there is nothing like 4 gleaming chrome pipes.

Restorations, if correct always seem to sell easily and for good money.   I don't like spending $8000 to make $1000.   That's why I've kinda settled into my $5-6k range.   More people can afford them and the investment collectors really are looking for the early ones and very low mileage originals.
« Last Edit: April 27, 2016, 02:05:31 PM by greenjeans »
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Offline flybox1

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Re: Honda return on investment Q?'s
« Reply #10 on: April 27, 2016, 02:29:33 PM »
My ROI is having a fun, dependable mode of transportation.
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Offline Gene

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Re: Honda return on investment Q?'s
« Reply #11 on: April 27, 2016, 02:40:35 PM »
My ROI is having a fun, dependable mode of transportation.

Aye.
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Offline CycleRanger

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Re: Honda return on investment Q?'s
« Reply #12 on: April 27, 2016, 03:24:09 PM »
FYI - you can find re-pop 341s for right at $1000.   I've bought and sold about 10 CB750s over the last 5-6 years and if they don't have original pipes I usually buy used ones (if I can find them) or now, that you can get re-pops again, I buy those.    Typically, when somebody shows up to take a look, the pipes sell the bike.   I usually don't have a bunch of cash in the bike to start - I try to find complete original bikes, but they just aren't out there like they used to be.   I do all the mechanical work and painting so my labor is "free".  That is the only way I make money on them.  If I had to pay myself for labor, I'd break even at best.

I agree that clean, original and complete bikes bring the money.   But, I usually get between $5-6 for mine when they are done.  Mine typically don't go to investment collectors.  They go to the guys that used to have one or just want a good clean, nice vintage ride.  That's my niche.  So, in my case, I do get a little return on my investment.  Just not much.   The thing that I find that sells these bikes the most is re-plated fasteners, shiney paint and shiney pipes.  Everybody sees the paint first, but there is nothing like 4 gleaming chrome pipes.

Restorations, if correct always seem to sell easily and for good money.   I don't like spending $8000 to make $1000.   That's why I've kinda settled into my $5-6k range.   More people can afford them and the investment collectors really are looking for the early ones and very low mileage originals.

Pretty much this. I try to take the same approach.
Cosmetics usually take the most time but that's what sells the bike.
That being said, if the price is right I'll buy it anyway and figure it out later.  ;)

Or else I'm just deluding myself and....
Maybe I'm like the crazy cat lady except with Hondas.
  ;D
Do you have a copy of the Honda Shop Manual or Parts List for your bike? Get one here:
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Offline ekpent

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Re: Honda return on investment Q?'s
« Reply #13 on: April 27, 2016, 03:37:32 PM »
The "good old days" of finding original owner bikes with original parts are now dwindling. I was lucky to find some which I still have but have not seen many good clean 'survivors' around lately locally because those guy are now gone and if your lucky you buy one from the 'kid'.  When they do pop up speculators get them and they go to E-bay and bring good money. And it can be worth putting some dollars into a worthy candidate if you want to make some money in the right marketplace on the right machine.  Like I tell my Son as far as hunting, fishing, and motorcycle and muscle car buying I am glad I grew up when I did. The "70's-80's" were a great time to be a young Man !!
« Last Edit: April 27, 2016, 03:39:09 PM by ekpent »

Offline eigenvector

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Re: Honda return on investment Q?'s
« Reply #14 on: April 27, 2016, 04:14:11 PM »
I've never looked at any of the Honda's I've restored as anything but a hobby.

When I sell them, and that might be in a long time, I'll take a loss.  I don't care, all I know is I rescued them from turning into rusted hulks in the back of some forgotten junkyard.  Besides, I'm an engineer - I love working on mechanical devices and objects.
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Offline CycleRanger

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Re: Honda return on investment Q?'s
« Reply #15 on: April 27, 2016, 04:27:15 PM »
I've never looked at any of the Honda's I've restored as anything but a hobby.

When I sell them, and that might be in a long time, I'll take a loss.  I don't care, all I know is I rescued them from turning into rusted hulks in the back of some forgotten junkyard.  Besides, I'm an engineer - I love working on mechanical devices and objects.
I know what you mean. I have certainly purchased and restored more bikes than I've sold.
I do try make sure they're worth more than I have into them. (Not counting my time....)
Do you have a copy of the Honda Shop Manual or Parts List for your bike? Get one here:
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Offline BPellerine

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Re: Honda return on investment Q?'s
« Reply #16 on: April 27, 2016, 05:46:42 PM »
should be easy to do the math,new exhaust,1000,new body kit,1200,tires,tuneup,or worse,say 1000,and purchase price,you are already into some change,so many mid year bikes around,does not help,was offered some very nice bikes for those prices,restos are a hobby not a job.billp
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Offline 333

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Re: Honda return on investment Q?'s
« Reply #17 on: April 27, 2016, 07:24:36 PM »
There's a saying in car sales( and applicable here) that states "there's an a$$ for every seat", basically meaning that someone out there will pay what you're asking.  That being said....

The odds of you making a profit on a resto are slim at best. Or any used vehicle, for that matter.
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Offline CycleRanger

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Re: Honda return on investment Q?'s
« Reply #18 on: April 27, 2016, 09:02:24 PM »
The odds of you making a profit on a resto are slim at best. Or any used vehicle, for that matter.

I dunno, the current market is a big factor in that.
Right now I'm confident that all my bikes are worth more than the cash I put into them.
(If I tried to sell them in my area at this time.)
Factoring in my time doing the work, forget it, not even close. But I write that off as "recreation". ::)

If I were trying to do it for a living I'd have to learn to work a lot faster and smarter and I'd still be pretty hungry.

Right now the vintage Honda market is good, that may (will) change.
Eventually supply will catch up with demand for sure.
It's like 15 or so years ago when the vintage Mustang market was hot.
Now there's many Mustangs with 20K restorations you can buy for 6 or 8K.
Do you have a copy of the Honda Shop Manual or Parts List for your bike? Get one here:
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Offline Don R

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Re: Honda return on investment Q?'s
« Reply #19 on: April 27, 2016, 09:40:26 PM »
 I have more than I can keep but would prefer to sell someone a nice bike than a project. That said, I'm not pouring money down the rabbit hole either. 
No matter how many times you paint over a shadow, it's still there.
 CEO at the no kill motorcycle shop.
 You don't need a weatherman to know which way the wind blows.

Offline grcamna2

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Re: Honda return on investment Q?'s
« Reply #20 on: April 28, 2016, 05:29:48 AM »
Maybe i'm like the crazy cat lady except with Hondas.

I can't think of anything better to 'save from the crusher' or the PO...  ::)
75' CB400F/'bunch o' parts' & 81' CB125S modded to a 'CB200S'
  I love the small ones too !
Do your BEST...nobody can take that away from you.

Offline Johnie

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Re: Honda return on investment Q?'s
« Reply #21 on: April 28, 2016, 05:31:17 AM »
So how long do you think before the vintage 750 market drops out on us? You got the older guys who rode and want these bikes, but they are getting older too. The younger generation that grew up on the crotch rockets will not know the nostalgia in riding these 750's nor with they want one.
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Offline Stev-o

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Re: Honda return on investment Q?'s
« Reply #22 on: April 28, 2016, 05:53:17 AM »
So how long do you think before the vintage 750 market drops out on us?

Depends on what market.  Your fully restored mint stockers? Never!

750 Honda choppers?   Dropped years ago.

Honda cafe racers?   Hard to say, maybe another 10 years til the next fad - Steampunk gets rolling!
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Offline edwardmorris

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Re: Honda return on investment Q?'s
« Reply #23 on: April 28, 2016, 08:51:17 AM »
..........maybe another 10 years til the next fad - Steampunk gets rolling!

And when that happens, the hipsters of today will be like "I was steampunking 750s before it was cool  ::)"

Offline grcamna2

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Re: Honda return on investment Q?'s
« Reply #24 on: April 28, 2016, 09:59:59 AM »
..........maybe another 10 years til the next fad - Steampunk gets rolling!

And when that happens, the hipsters of today will be like "I was steampunking 750s before it was cool  ::)"

lol  :D I hope not
75' CB400F/'bunch o' parts' & 81' CB125S modded to a 'CB200S'
  I love the small ones too !
Do your BEST...nobody can take that away from you.