Chaps
I know that this subject will piss a few people off, but I will do it anyway.
I am soon about to retire and will have a lot more time on my hands. I currently run a BSA B31 and over the last two years have clocked up a massive 300 miles. This is only due to lack of time. I work ludicrously long hours and thank goodness this is soon to end.
Therefore I am going to be able to potter about a bit more often on the bike as well as indulge in my other hobbies of clay pigeon shooting and gardening.
Here is the question, we are coming into a recession that will probably take 5 years to climb out of, hopefully a bit quicker, but I wouldn't bet on it.
Should I treat myself to a Vincent as an investment that I can also use. I know I can invest in shares and property ( I have 2 uk houses and one in Spain plus a load of shares) but I could justify buying a Vincent to the wife if I could safely bet on selling it in say 10 years at a decent profit.
On one side, most enthusiasts are like me, in their fifties and sixties and we are going to slowly die off and that could see a lot of bikes coming up on the market and hence it would be a crap investment.
On the other side, men like toys and classic bikes are toys and there will always be rich ******s who can buy them without batting an eyelid. The Indian and Chineese economies will be prospering with a lot more potential buyers.
I will leave it until early next year when I retire and I suspect prices will be tighter than now and more bargains will appear.
If I buy it, I will carefully maintain it and use it but I do want to edge my bets financially.
So any views on whether it is worth jumping in
Regards
Mick
I know that this subject will piss a few people off, but I will do it anyway.
I am soon about to retire and will have a lot more time on my hands. I currently run a BSA B31 and over the last two years have clocked up a massive 300 miles. This is only due to lack of time. I work ludicrously long hours and thank goodness this is soon to end.
Therefore I am going to be able to potter about a bit more often on the bike as well as indulge in my other hobbies of clay pigeon shooting and gardening.
Here is the question, we are coming into a recession that will probably take 5 years to climb out of, hopefully a bit quicker, but I wouldn't bet on it.
Should I treat myself to a Vincent as an investment that I can also use. I know I can invest in shares and property ( I have 2 uk houses and one in Spain plus a load of shares) but I could justify buying a Vincent to the wife if I could safely bet on selling it in say 10 years at a decent profit.
On one side, most enthusiasts are like me, in their fifties and sixties and we are going to slowly die off and that could see a lot of bikes coming up on the market and hence it would be a crap investment.
On the other side, men like toys and classic bikes are toys and there will always be rich ******s who can buy them without batting an eyelid. The Indian and Chineese economies will be prospering with a lot more potential buyers.
I will leave it until early next year when I retire and I suspect prices will be tighter than now and more bargains will appear.
If I buy it, I will carefully maintain it and use it but I do want to edge my bets financially.
So any views on whether it is worth jumping in
Regards
Mick