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Forums: Public Access
General Chat (Vincent Related)
H&H on 24th June
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<blockquote data-quote="John Oakes" data-source="post: 122737" data-attributes="member: 3647"><p>I agree with Kerry that some of these estimates seem beyond ambitious. A lot of very average / poor / dodgy bikes end up in auctions and I think that now only top notch or very original/rare examples have any chance of getting high prices. At the end of the day I think a lot of classic enthusiasts are suffering a bit of auction fatigue in that there are so many of them and in reality auctions are always BUYER BEWARE in that why would anyone really want to pay top book price for a bike they can't startup, can't hear running, can't test ride and can't talk to the owner about. For me you should only ever pay 'bottom book' or trade prices at an auction unless it is a bike so rare you can't buy it privately or from a dealer. Therefore I think that any prices realised at auction shouldn't necessarily be the benchmark for the true market value of any model of bike.</p></blockquote><p></p>
[QUOTE="John Oakes, post: 122737, member: 3647"] I agree with Kerry that some of these estimates seem beyond ambitious. A lot of very average / poor / dodgy bikes end up in auctions and I think that now only top notch or very original/rare examples have any chance of getting high prices. At the end of the day I think a lot of classic enthusiasts are suffering a bit of auction fatigue in that there are so many of them and in reality auctions are always BUYER BEWARE in that why would anyone really want to pay top book price for a bike they can't startup, can't hear running, can't test ride and can't talk to the owner about. For me you should only ever pay 'bottom book' or trade prices at an auction unless it is a bike so rare you can't buy it privately or from a dealer. Therefore I think that any prices realised at auction shouldn't necessarily be the benchmark for the true market value of any model of bike. [/QUOTE]
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H&H on 24th June
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