Pop quiz to test your vintage motorcycle buying mojo:. Which is worth more—a Honda V40 Magna VFC with very low mileage in near flawless condition or a Whizzer Roadmaster in good serviceable condition but with some dents, rust and some non-Whizzer bits used for backyard repairs? Your choices in the yard are:. From everything you can see, it is all original and in showroom condition. No evidence of ever having been dropped or crashed—not a scratch.
Time To Invest: Value of Vintage Motorcycles on the Rise
Born To Run: The World's Most Valuable Vintage Motorcycles
Fast forward to today and that same motorcycle is worth close to half-a-million dollars. Having said that, a lot of pretty safe assumptions can be made about bikes of a certain age or older. Will the value of the model fluctuate over the next decade? However, Honda isn't making any more of them and a lot of the models in existence are being ridden or chopped-up and customized which means that the supply of stock, unmolested models is steadily dwindling. According to the specialist insurance outfit, demand for all vintage bikes has increased by more than 50 percent since While this original Indian three-wheeler may have been seen as an obsolete pile of junk for several decades, its value has clearly returned. Furthermore, auction records are constantly being broken.
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While there's no shortage of online car valuation tools, deciding on a motorcycle's value can be a black art that involves Craigslist cross-shopping, polling a sampling of friends, and more guesswork than you care to admit. Hagerty Insurance brings some science to the equation with their new Motorcycle Valuation Tool , which builds upon the platform they've used to value cars. By selecting "Motorcycle" under Type of Vehicle and choosing the year, make, and model of a bike, the system pulls from a database of 9, motorcycles built between and and offers pricing for four different levels of condition. Hagerty says that the number of motorcycles sold at collector vehicle auctions has nearly doubled compared to last year, and that demand for vintage motorcycles is up more than 50 percent from