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> I bought my motorcycle around 1995 for ~$800 […] > I've looked around at a lot of used motorcycles and I've see other 1984 Honda's that are asking $2500-$3000
by bch 5y ago
> I bought my motorcycle around 1995 for ~$800
[…]
> I've looked around at a lot of used motorcycles and I've see other 1984 Honda's that are asking $2500-$3000 The average price seems to be $4k-$5k for 20 year old bikes!
To be devils advocate here, that’s a one-time capital cost that you may well be able to make money on once you sell again, assuming the price trend continues. It seems to me that price is also way cheaper than a comparable* car. If it were me, I’d be enjoying fun driving, cheap operating costs and easy parking long after the sting of not getting the bike for $800 had worn off.
*for some definition of “comparable”