Chortling, how much today do you think it cost to do an 836.. sust the bore kit?
Herein lies the dichotomy, you've really hit the nail on the head 754.
The cost of modding a bike cannot be got back. No way.
Most of us know that.
But the companies who sell mod parts aint gonna tell you, no way.
They assume you KNOW that you are personalizing your bike, not
trying to INCREASE ITS VALUE.
I know what bore kits cost. I 100% know you are personalizing your bike for you.
Very few will pay you for your personal choices on your bike. Very few.
Let me use an analogy from Real Estate.
You buy a 3bed/2bath in a neighborhood of very similar tract homes and the
comparable sales for recently-sold homes in that neighborhood were $250,000+/-.
You get a good deal, you buy your place for $210,000.
Now you 'invest' $200,000 on marble entry, granite bathrooms and kitchen, you spend
$100,000 on the kitchen remodel alone (easy to do, I sold remodeling for a living).
New deck, new landscaping, the works. You now have a $210,000 home with
another $200,000 in mods.
Now you have $210,000 + $200,000 = $410,000 in the place. ITS NOT WORTH $410,000.
The
market, the people who want to buy that type of home,
will see that the market price is around $250,000+/-.
You see folks, the truth is -- and most of you know this -- you can almost NEVER get your money back from parts and labor costs on a modded bike. Custom bikes like Harleys -- different story. But Jap imports go down in value after a mod.
It's just the PERCEPTION of most buyers that an old bike is gonna be less reliable. And, an old bike that's been leaned on-- you see the point.
I 100% know what it costs to build a bike.
That's why I don't do it. I let others spend all the money on the mods.
Then I use the facts like in those eBay listings I showed, I use the fact that
the market won't pay for those mods, that most modded bikes go for a discount --
I let others pay for all the mods then I buy them on the cheap.
I'm just like Shenanigans. He said that he feels he's getting a deal 'because I know what it would cost to get me those mods he already put in.'
I'm just like Shenanigans in that regard. I love modded bikes. But I have sold *and* bought modded bikes. My strategy is just like Shenanigans. I LET OTHER PEOPLE OVERSPEND ON THE MODS. Then I use the fact that few buyers will pay for those mods as leverage.
I've been on *both* ends of the transaction. I know what sellers go through. Buyers are almost NEVER willing to pay for your mods.
Look at it this way. You put your personal touch on your bike. Common sense tells you "My personal preference is MINE, not everyone elses."
As to the 'cb750s are different' nope.
Just look at those ebay listings I posted. And go check 'Completed Listings' on ebay.
THAT'S THE MARKET.
Shenanigans, offer $1500 tops. In this economy you'll probably get it.