Saturday, December 26, 2015
Blue Chip Moto-Cycles
Vintage motorcycles have always been good investments depending on what you purchase or purchased, if you were smart. I once knew a motorcycle collector who went from 5 bikes to over 70 motorcycles in a very short time period. The collection was housed in a custom built display building that most would kill for. He caught the bug and started buying everything he saw that HE thought was a good deal. I told him to invest in marques such as Vincent, Brough and the like. He said they were too expensive but he spent more than that on bikes that were not coming up in value and frankly never will. A word to the wise...rarity does not always mean it's a good investment. When he totally lost interest in motorcycles he could not get his money back despite the promises of a very prominent auction house...
AS AN INVESTOR DO NOT BUY MOTORCYCLES IF YOU DO NOT REALLY LOVE THEM !
If an investor decided to put aside a few bikes for a long term gain he or she would be wise to consult someone who has been around the motorcycle scene for a long period of time as these can be shark infested waters. Classic Moto-Cycles have performed as well or better than most stocks but the same rules apply, buy the right stock and hold it long enough to see it appreciate.
Just because a motorcycle has been "restored", what are you really buying. Are the parts original or reproduction ? Who did the restoration and who built the power plant ? You may say it doesn't matter I just want to display it BUT it does matter if you ever plan to sell and realize the capitol gain you hoped for.
More to come.......................