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General Chat (Vincent Related)
Want to buy my first Vincent, a project Comet
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<blockquote data-quote="b'knighted" data-source="post: 45800" data-attributes="member: 59"><p>I don't entirely agree. You are right about the similarity in cost but I wholeheartedly disagree with considering as an investment.</p><p></p><p>Lino wants a bike to ride. If he buys a modern bike or car it will depreciate. The chances are that whatever he puts into The Bank of Vincent will repay him more than mere money. He may apparently pay over the odds but as someone on this forum once pointed out, he wouldn't have paid too much, just paid it too early. </p><p>These machines were built to be enjoyed not to be treated as investments. </p><p>If Lino gets it right, whatever he spends will pay non-cash dividends during his ownership, and may well recoup more cash than other vehicle purchases for whoever his will bequeaths it to. </p><p>If you look at the acquisition as an investment you can't thoroughly thrash (non-Cleese style) the machine as its makers intended. You may even be unwilling to risk it on public roads. </p><p>Our section's newest Vincent rider's partner, who also rides, said she won't ride the Rapide as it's too valuable. I pointed out that last time I threw the Knight up the road, on ice, it cost me some scratches, a mirror, a screen and a gearlever. Mirror and screen from my stock meant it cost £43 and about three days off the road. The scratches may one day polish out. When her partner threw his modern Triumph up the road, again on ice, it was written off.</p></blockquote><p></p>
[QUOTE="b'knighted, post: 45800, member: 59"] I don't entirely agree. You are right about the similarity in cost but I wholeheartedly disagree with considering as an investment. Lino wants a bike to ride. If he buys a modern bike or car it will depreciate. The chances are that whatever he puts into The Bank of Vincent will repay him more than mere money. He may apparently pay over the odds but as someone on this forum once pointed out, he wouldn't have paid too much, just paid it too early. These machines were built to be enjoyed not to be treated as investments. If Lino gets it right, whatever he spends will pay non-cash dividends during his ownership, and may well recoup more cash than other vehicle purchases for whoever his will bequeaths it to. If you look at the acquisition as an investment you can't thoroughly thrash (non-Cleese style) the machine as its makers intended. You may even be unwilling to risk it on public roads. Our section's newest Vincent rider's partner, who also rides, said she won't ride the Rapide as it's too valuable. I pointed out that last time I threw the Knight up the road, on ice, it cost me some scratches, a mirror, a screen and a gearlever. Mirror and screen from my stock meant it cost £43 and about three days off the road. The scratches may one day polish out. When her partner threw his modern Triumph up the road, again on ice, it was written off. [/QUOTE]
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Forums: Public Access
General Chat (Vincent Related)
Want to buy my first Vincent, a project Comet
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