It’s about time there was some equilibrium with old motorcycle prices. Everyone accepts/ understands that the more chased after/desirable models will never be ‘cheap’ but the prices that have been asked for the ‘porridge’ bikes has just been greedy. Good to hear Cosmo’s business is getting along nicely, even though I don’t know the guy or his shop.
Very interesting video - great choice of subject and dealer - 👍 😊 great to see Cosmo Classics actual premises . . . (Isn't that 1949 Norton gorgeous - did you buy it ?)
Thanks - glad you like it! Cosmo's is always worth a visit. I managed to resist the Norton .... if it had been a bit older would've been a close thing!
I think of my 1999 HD FXDL as new, but I suppose it's not. When I started out a Vincent would have been around 30 years old and I never found mine. My first 3 bikes would now be tax exempt.
Let's face it, so many bikes were so hugely overpriced that it's about right that they're coming down to something reasonable that sane people are prepared to pay. To be honest it's the cost of living crisis and brexit that have done the most damage to the small business repairing, manufacturing parts for classic and vintage motocycles. Mind you, it does make me smile when we get gammons with BSA Bantams and horrible Tiger Cubs who think they're goi g to get the 2 1/2 grand back they bought these heaps for.
I agree with everything you said about the bike market paticularly with the scare mongers .But I do think you forgot to mention .The monthly income from USA. More than is needed .20 years ago .z1 for instance .We're hard to find today it's esey to find one .Supply I think is out waying demand .It will cause prices to stop rising .Just my thought's .
In Poland, the market was very hungry an even year ago. Now investors stoped buy, but passionate still buy and enjoy lowering price market. Of course, socialism meant that motorcycles from 1946-1980 are unknown in the former countries of people's democracy and there is very little demand for them compared to machines produced until 1945.
Hmmm..🤔. I don’t thing it’s just mundane models that are dropping considerably. Recent auction results show Velocette Thruxtons for instance selling for just under 5 figures, much less than the 20k they were not so long ago being advertised, if not sold for.
Been 8 months contemplating getting a classic bike, 70s, or just sticking with the good old fuel injected more modern bikes. Most vids i look at are people fixing theirs or customers bikes and together with e10 as my only option, i stops me from getting one
I find the good bikes are still selling OK...The bikes that have not been rebuilt so well are struggling....Overall the market is suffering from oversupply for various reasons....I think the investor market is declining but there are still a lot of enthusiasts who are not so obsessed with money/profit....
Nice sensible discussion about classics.
Enjoyed the good informative video and it rings true..
It’s about time there was some equilibrium with old motorcycle prices. Everyone accepts/ understands that the more chased after/desirable models will never be ‘cheap’ but the prices that have been asked for the ‘porridge’ bikes has just been greedy. Good to hear Cosmo’s business is getting along nicely, even though I don’t know the guy or his shop.
Cosmo Motorcycles, located on the seafront at St Leonards, Hastings.
Very interesting video - great choice of subject and dealer - 👍 😊 great to see Cosmo Classics actual premises . . . (Isn't that 1949 Norton gorgeous - did you buy it ?)
Thanks - glad you like it! Cosmo's is always worth a visit. I managed to resist the Norton .... if it had been a bit older would've been a close thing!
I remember when this shop was Vic Millers
Yes, thinking I will include this in a future installment!
I think of my 1999 HD FXDL as new, but I suppose it's not.
When I started out a Vincent would have been around 30 years old and I never found mine.
My first 3 bikes would now be tax exempt.
That shop….did it used to be Millers? Grumpy old bugger but I liked him.
Schrodinger's prices - they have dropped, but they haven't dropped...
Let's face it, so many bikes were so hugely overpriced that it's about right that they're coming down to something reasonable that sane people are prepared to pay. To be honest it's the cost of living crisis and brexit that have done the most damage to the small business repairing, manufacturing parts for classic and vintage motocycles. Mind you, it does make me smile when we get gammons with BSA Bantams and horrible Tiger Cubs who think they're goi g to get the 2 1/2 grand back they bought these heaps for.
I agree with everything you said about the bike market paticularly with the scare mongers .But I do think you forgot to mention .The monthly income from USA. More than is needed .20 years ago .z1 for instance .We're hard to find today it's esey to find one .Supply I think is out waying demand .It will cause prices to stop rising .Just my thought's .
Good point
In Poland, the market was very hungry an even year ago. Now investors stoped buy, but passionate still buy and enjoy lowering price market. Of course, socialism meant that motorcycles from 1946-1980 are unknown in the former countries of people's democracy and there is very little demand for them compared to machines produced until 1945.
Imteresting..
Hmmm..🤔. I don’t thing it’s just mundane models that are dropping considerably. Recent auction results show Velocette Thruxtons for instance selling for just under 5 figures, much less than the 20k they were not so long ago being advertised, if not sold for.
Been 8 months contemplating getting a classic bike, 70s, or just sticking with the good old fuel injected more modern bikes. Most vids i look at are people fixing theirs or customers bikes and together with e10 as my only option, i stops me from getting one
I find the good bikes are still selling OK...The bikes that have not been rebuilt so well are struggling....Overall the market is suffering from oversupply for various reasons....I think the investor market is declining but there are still a lot of enthusiasts who are not so obsessed with money/profit....