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Author Topic: What do you think the value of our 97-03 Valks will be in five and ten years?  (Read 1973 times)
_Sheffjs_
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Jerry & Sherry Sheffer

Sarasota FL


« on: April 29, 2019, 01:42:50 PM »

After seeing some of the extremely low prices some Valks have actually sold for recently I wonder what do you think the future prices will be or what will be the driving factor that sets the price in a few years?

 ???


 
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Jess from VA
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« Reply #1 on: April 29, 2019, 02:31:47 PM »

I think overall prices will continue to fall, but less and bottoming out.

But I also think individual cherry bikes can still command a decent price (more decent than give away); though it may take awhile to find a buyer who knows what he's getting.
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vanavyman
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Suffolk, VA


« Reply #2 on: April 29, 2019, 02:52:22 PM »

I'd think with these really low prices we will continue to see some nice Valkyries parted out.  Hard to believe some of the prices they are selling for now.  Kind of glad i'm out of garage space.  Self control can be a difficult thing.

Dan
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2000 Valkyrie Interstate Roadsmith Trike (Wife's)
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Bighead
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« Reply #3 on: April 29, 2019, 03:51:41 PM »

I will lick up another for the right price Roll Eyes
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_Sheffjs_
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Jerry & Sherry Sheffer

Sarasota FL


« Reply #4 on: April 29, 2019, 04:04:14 PM »

I'd think with these really low prices we will continue to see some nice Valkyries parted out.  Hard to believe some of the prices they are selling for now.  Kind of glad i'm out of garage space.  Self control can be a difficult thing.

Dan

My problem is the wife says go ahead get the bike life is short. I actually said no to another bike recently when she was saying go get it. There is a glitch in the system though,  When I ask for a new wing.  Sad 
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cookiedough
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« Reply #5 on: April 29, 2019, 05:13:52 PM »

I think the bottoming out is near done, not much out there below 3K worth buying in a large cruiser.

the days of 8K are gone, but 3-7K top end is still much alive. 
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old2soon
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Willow Springs mo


« Reply #6 on: April 29, 2019, 05:17:13 PM »

            This group here and Inzane attendees are whatcha call a cult following. Do NOT under any circumstances take cult following wrong here cuz I mean it in a good way. Who other than us would ride clear acroos the country or halfway across the country to spend a week with others that have the very same affliction-Valk madness?  Roll Eyes Far as the prices currently being received for these machines Is criminal But the very demographic of M/C Riders is aging. I Hope when the time is here to give up my I/S and a buyer shows up I would prefer a buyer that Knows about these Fine Machines and won't larf out loud when I tell him/her what I expect to get out of it. I've already seen one or two that were I Not making a car payment I would Seriously consider increasing my personal Valkyrie count.  Roll Eyes RIDE SAFE.
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Bighead
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« Reply #7 on: April 29, 2019, 06:07:07 PM »

I think the bottoming out is near done, not much out there below 3K worth buying in a large cruiser.

the days of 8K are gone, but 3-7K top end is still much alive. 
7k? Really that bike has about 12 miles on it.  We all know these bikes will run well past 500k so no worries in buying one with a 100k+ on it if it has been taken care of.
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« Reply #8 on: April 29, 2019, 06:14:38 PM »

After seeing some of the extremely low prices some Valks have actually sold for recently I wonder what do you think the future prices will be or what will be the driving factor that sets the price in a few years?

 ???


 
I suppose one day the prices will be too expensive. I've been wanting a Hodaka 100 and a Yamaha RD350 for a few years. Paying 3 to 5 times what they were new is too much for me. Maybe 20 or 30 years from now somebody will be complaining on a forum somewhere about how expensive Valkyries are.  Smiley
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_Sheffjs_
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Jerry & Sherry Sheffer

Sarasota FL


« Reply #9 on: April 29, 2019, 06:31:08 PM »

After seeing some of the extremely low prices some Valks have actually sold for recently I wonder what do you think the future prices will be or what will be the driving factor that sets the price in a few years?

 ???


 
I suppose one day the prices will be too expensive. I've been wanting a Hodaka 100 and a Yamaha RD350 for a few years. Paying 3 to 5 times what they were new is too much for me. Maybe 20 or 30 years from now somebody will be complaining on a forum somewhere about how expensive Valkyries are.  Smiley
I want a 1975 DT 400 but not many of f the old dirt bikes survived compared to street bikes. 
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John Schmidt
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« Reply #10 on: April 29, 2019, 07:02:51 PM »

Take a look at the older Wings, the decent...not collector restored type....are selling for nearly as much as our Valks are now. Find a good GL1000, 1100, or 1200(the early 4 cyl. models) and if it's in good shape and running you'll pay a nice price for it. A year ago I sold my 1200 for $2500 only because it was my granddaughter that wanted it for her husband. At the same time there were others in the area purely stock and in fine shape, being ridden daily but the owner wanted to either move up or quit riding altogether and were going for well over $3k. I think in 20-25 years these Valks will be a real sought after classic and will demand as much if not more than they are now. Partly due to being the classic they're prone to be but also because there will be fewer in existence to draw from, not nearly as many as the old 4-cyl. Wings. Remember, the fours were built for ten years(the R&D model was actually a six) so there are thousands more still around, not so with the Valks.
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Alberta Patriot
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« Reply #11 on: April 29, 2019, 07:53:12 PM »

This bike has a cult following. However, those not yet in the cult see aging tin and rubber with lots of mileage and lots of inventory to choose from.
Until available numbers become scarce,  like everything else that is for sale, prices will fall. Valkyrie value is a victim of it's own bullet proof longevity and large numbers still on the road.
I didn't buy my bike as an investment...that's Jay Leno's Shtick...and passion.
« Last Edit: April 29, 2019, 08:03:46 PM by 7th_son » Logged

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3fan4life
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« Reply #12 on: April 30, 2019, 09:59:13 AM »

Since I have a couple of them, I'm hoping that they go up someday.


Spotted this one on Craigslist the other day:

https://roanoke.craigslist.org/mcy/d/willis-1997-honda-valkyrie/6867277554.html


I really don't think that he's going to get what he's asking.  But, I wish him luck!
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Patrick
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Largo Florida


« Reply #13 on: April 30, 2019, 02:05:47 PM »

I surprised at the low prices these critters have brought and continue to bring. I have thought these are such a great classic ride they would command a good price. I'm still hoping some day that will happen.
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Moonshot_1
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« Reply #14 on: April 30, 2019, 03:09:48 PM »

This bike has a cult following. However, those not yet in the cult see aging tin and rubber with lots of mileage and lots of inventory to choose from.
Until available numbers become scarce,  like everything else that is for sale, prices will fall. Valkyrie value is a victim of it's own bullet proof longevity and large numbers still on the road.
I didn't buy my bike as an investment...that's Jay Leno's Shtick...and passion.

Pretty much spot on assessment right there.

If you have a Valk with ridiculous low miles and keep it indoors and meticulously keep it up your great great great grand kid might get a premium price for it down the road.

No question it is the best bike ever made. But in the end, it is a bucket of bolts, plastic and rubber.

But this one is MY bucket of bolts, plastic and rubber. And first 50k can have it.
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Mike Luken 
 

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« Reply #15 on: April 30, 2019, 05:30:12 PM »

Well I didn't buy them as an investment.  Not the right ones for that anywho - like hafta be quite old and in great shape for them to appreciate - daily use vehicles are always bad investments.  Bought one to help out a dead friend's daughter then decided to just store it for parts - it's low miles but he didn't take care of his stuff so better to use for parts than to spend $ to fix it up to break even.  Not selling George it's a monument to GJ and besides it's too cool to part with.  My daily riders - well keeping them too.  Looks like by the time these are worth more & start appreciating I'll be on the other side of the lawn.  I might think about parting with the wing though.  However it's not gonna command a lot either.
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F6Dave
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« Reply #16 on: May 01, 2019, 05:40:26 AM »

Like others have said, I never bought my Valks to make money.  I've had over a dozen bikes in nearly 50 years and never made a nickel on one of them.

One great thing about the GL platform is that you can drive one for decades.  Out on the road I often see old Wings from the '80s and even the '70s.  I wouldn't hesitate to ride my Valkyrie from coast to coast.  OTOH, I wouldn't be confident riding my 31 year old BMW to the next state.
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semo97
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« Reply #17 on: May 01, 2019, 05:57:41 AM »

In yrs. to come parts will be the costly feature and parting out will be the money maker. We already see high after market prices of parts that were functional and are not made any more. The center stand, try and buy one. The ST1300 is in the same boat.
« Last Edit: May 01, 2019, 05:59:37 AM by semo97 » Logged
98valk
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« Reply #18 on: May 01, 2019, 09:35:59 AM »

well if certain agendas get pushed through and finalized, there will be no gasoline or ethanol levels will be higher, requiring carb rebuild, jetting and tuning, so prices will drop.

not trying to make this political but just a fact of the times we live in.
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F6Dave
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« Reply #19 on: May 01, 2019, 10:51:40 AM »

well if certain agendas get pushed through and finalized, there will be no gasoline or ethanol levels will be higher, requiring carb rebuild, jetting and tuning, so prices will drop.

not trying to make this political but just a fact of the times we live in.

True.  The Corn Cartel has us burning food in our vehicles.  Even NASCAR and IndyCar bought into the scam.
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J.Mencalice
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« Reply #20 on: May 01, 2019, 12:33:07 PM »

Here'ya go today!

https://denver.craigslist.org/mcy/d/broomfield-1997-honda-valkyrie-low-low/6875889271.html

In 5-10 years: $2000-4000 on the open market.  The kids won't want Valkyries; electric motorcycles will eventually emerge from the minority and become commonplace.
Do they want 1953 Packards?  They'll consider our motorcycles as obsolete, non-essential, and slightly collectable. 

Maybe as 50 years pass they'll be marveled at for their unique style, much like the CBX's are starting to gain traction on the collectable scene.
https://www.cycletrader.com/Honda-Cbx-1000-Motorcycle/motorcycles-for-sale?type=Motorcycle%7C356953&make=Honda%7C2316874&model=CBX%7C764948835&trim=1000%7C3907
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J.Mencalice
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« Reply #21 on: May 01, 2019, 12:49:08 PM »

In yrs. to come parts will be the costly feature and parting out will be the money maker. We already see high after market prices of parts that were functional and are not made any more. The center stand, try and buy one. The ST1300 is in the same boat.
You said "center stand"?
https://denver.craigslist.org/mcy/d/golden-1997-honda-valkyrie/6866392067.html
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DGS65
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« Reply #22 on: May 01, 2019, 05:41:40 PM »

Considering  I was given my 98 tourer with only 3300 miles I'm really not concerned what the value will be in ten years.
This said I believe my bike was worth close to $5000 when I got it about a year ago and now I see them for about $3500. At this rate in about three years it will be worth exactly what I paid for it!
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JimC
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« Reply #23 on: May 01, 2019, 08:51:32 PM »

Considering  I was given my 98 tourer with only 3300 miles I'm really not concerned what the value will be in ten years.
This said I believe my bike was worth close to $5000 when I got it about a year ago and now I see them for about $3500. At this rate in about three years it will be worth exactly what I paid for it!

Give me a call in 3 years, I will come and get it out of your way.
Jim
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Jim Callaghan    SE Wisconsin
9Ball
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« Reply #24 on: May 02, 2019, 01:35:12 AM »

The only time I’ve ever heard of buying or owning a road ridden motorcycle as an investment has come from the H-D crowd.  Anything that is driven or ridden on a frequent basis is just transportation.  Ask any of these people now how their “investment” has paid off.

Now a new Valkyrie in the original crate might be an investment.  I saw a few of these back in late 2001 or 2002 at Sun Honda in Denver.  They were dumping two year old interstates for $8800 and standards for around $7k.  They really cut the legs out from those that bought new ‘97 to ‘01 Valkyries for near MSRP.

I never plan on selling my ‘99 even if I stop riding altogether.  It will go to someone after I’m gone.
« Last Edit: May 02, 2019, 01:39:21 AM by 9Ball » Logged

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czuch
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« Reply #25 on: May 02, 2019, 11:06:45 AM »

Yea, well the world is gonna end in 10/12 years, so there's that.
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hueco
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« Reply #26 on: May 02, 2019, 05:07:49 PM »

I have thought about selling mine. Then I thought. It is not costing me anything. Under 60,00 miles. Just getting broke in. I do not need the money. It brings me great joy. They are not selling now for what they are worth. A buyers market.  The only bike I would think about trading it for would be a Honda VTX 1800.
About the only problem I see would be replacement of parts.
« Last Edit: May 02, 2019, 05:13:02 PM by hueco » Logged
cookiedough
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southern WI


« Reply #27 on: May 02, 2019, 06:40:26 PM »

I have thought about selling mine. Then I thought. It is not costing me anything. Under 60,00 miles. Just getting broke in. I do not need the money. It brings me great joy. They are not selling now for what they are worth. A buyers market.  The only bike I would think about trading it for would be a Honda VTX 1800.
About the only problem I see would be replacement of parts.

I keep telling myself that same thing when looking at other cycles lately.  Once my I/S is gone, hard to find one like that again vs. a sea of say used Goldwings to pick from...  that, and either my Valk I/S fits me best which I think it does even over Goldwings or I have broken it in to fit my keester.... 2funny
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Hook#3287
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« Reply #28 on: May 03, 2019, 05:05:11 AM »

I've never considered my Valks a financial investment, but they have been the single mechanical influence in my life and a huge investment in my well being.

The investment they have given back to me can not be measured, financially or otherwise.  I can't imagine what the last 20 years would have been like, if I hadn't bought my first.

Their value is up to each of us, individually.

Seeing as I have no plan to sell any, their value is both zero monetarily and priceless emotionally.

I told Andy Popoli, owner of Popoli's Honda, back in 1999, I considered the Valkyrie a destined classic.

I still believe that.

Whatever value that gives.
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The emperor has no clothes
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« Reply #29 on: May 03, 2019, 05:59:12 AM »

I've never considered my Valks a financial investment, but they have been the single mechanical influence in my life and a huge investment in my well being.


cooldude
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Savago
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« Reply #30 on: May 03, 2019, 10:03:02 AM »

I think it will continue to go down, probably stabilizing in the 1.5K-1.8K mark.

Even though this are marvelous machines (we all know it!), it is not appealing for the current riding generation (?) for the following reasons:
a) It is not a HARRRRRLEY!!!!!1!
b) Big, heavy, intimidating. Plus current gen lacks upper body strength.
c) 30mpg? You crazy? Won't have money left for the avocado toasts and the barista prepared latte.
d) Lots of shops won't work on 20-something old motorcycle. Plus current gen don't work on their bikes.
e) No gizmos, cruise control, bluetooth or electronic stuff. Soooo lame!
f) Carburated? Damn... my granpa used to like this stuff...

Looking at the bright side: we may be able to easily add another one to the stable for cheap.

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98valk
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« Reply #31 on: May 03, 2019, 10:15:29 AM »

I think it will continue to go down, probably stabilizing in the 1.5K-1.8K mark.

Even though this are marvelous machines (we all know it!), it is not appealing for the current riding generation (?) for the following reasons:
a) It is not a HARRRRRLEY!!!!!1!
b) Big, heavy, intimidating. Plus current gen lacks upper body strength.
c) 30mpg? You crazy? Won't have money left for the avocado toasts and the barista prepared latte.
d) Lots of shops won't work on 20-something old motorcycle. Plus current gen don't work on their bikes.
e) No gizmos, cruise control, bluetooth or electronic stuff. Soooo lame!
f) Carburated? Damn... my granpa used to like this stuff...

Looking at the bright side: we may be able to easily add another one to the stable for cheap.



actually, many V-twin cruisers are heavier than the std/tourers, about the same or slightly more than the I/S.   
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Tundra
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2014 Valkyrie 1800

Seminole, Florida


« Reply #32 on: May 03, 2019, 02:59:57 PM »

5 years, not much. Whatever a buyer is willing to pay.
10 years, much less, or much more. I'm thinking much more as it will be nostalgic collectable.
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cookiedough
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« Reply #33 on: May 03, 2019, 03:52:43 PM »

5 years, not much. Whatever a buyer is willing to pay.
10 years, much less, or much more. I'm thinking much more as it will be nostalgic collectable.

I so hope your comment is correct, thinking it might be in 10 years to some degree anyways.

as far as bottoming out at 1.8K, doubt it will ever go that low unless well over 100K miles which most will be probably in 10 more years, or I would think?  Even a 750cc honda magna say in 1997 are fetching on good shape 2 grand at 1/2 the size and about 1/2 the price when new, so am thinking bottoming out at 3K or so.

A guy local was trying to sell his 1997 yamaha vmax with around 20K miles on it in pretty good shape me test riding it saying NOT for me, and he was NOT going to go any lower than 3.5K which was too rich for my blood more like 3K IMO.   He sold it so must have gotten his 3.5K from someone who values the classics like that.  Our Valks, to the right buyer, will be 3K or more in say 10 more years I would think even with say 70K miles or more?
« Last Edit: May 03, 2019, 03:55:52 PM by cookiedough » Logged
Oldfishguy
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« Reply #34 on: May 03, 2019, 04:28:58 PM »

I’ve bought and sold over a dozen 1970’s Honda’s over the last 25 years.  I can tell you up till about 10 years ago they were super cheap.  And then things started to climb, almost across the board . . . but not all equally.

Some models have increased dramatically over others.  The biggest factor seems to be originality and how clean/running condition.  Quite a few old Honda’s have been turned into cafe racer mods,  not cheap to do.  These bikes are hit and miss in resale, mostly miss I believe.  So, outside mods are risky in recouping any money at all.

The early naked wings have seen a nice resurgence.  And the original Vetter fairings and bags are virtually worthless.  So, maybe the Standard/Tourer will fair better long term??

I would expect a 5-7% annual decrease for the next 5 years, then retaining that price for a considerable time (10-20 years), then a considerable increase in value for an original clean machine.  That’s the historical trend.

How much of an increase?  Well, Honda’s from the 1970’s in nice clean running condition sell for on average 150-200% of what the machine costs new. 
« Last Edit: May 03, 2019, 04:33:39 PM by Oldfishguy » Logged
Willow
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« Reply #35 on: May 03, 2019, 04:57:06 PM »

You all do realize that the value of the dollar changes over time?  Even if you sold your Valkyrie for exactly what you paid it would have cost you money.  You would not have made a worthwhile "investment".

Honestly I will not reclaim the money that I have paid for and put into my Valkyries.  As others have said, my return is not in the resale value but in the experience.

Their financial attractiveness will continue to decrease over the next five to ten years.  If you're around for the next thirty to forty years you may see the value increase in the dollars of the day.
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_Sheffjs_
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Jerry & Sherry Sheffer

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« Reply #36 on: May 03, 2019, 05:49:01 PM »

It is interesting that investment is a very heavy word here. For me I never think in terms of investment, same as other hobbies, sports, entertainment and vacations these things are spending money for the joy of it. For me I look two to three years choosing one Valk to keep and add a used DCT wing and I wonder what the sale of three old bikes will or will not bring to offset the price of continuing my hobby. 
Or maybe I will not be able to sell them, who knows it is still the best damn bike ever made. cooldude
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woofred1832
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My Valkyrie

northern Ill near fox lake


« Reply #37 on: May 04, 2019, 04:21:58 AM »

             Who knows the price is only set by how much someone will pay.  Like my 1975 GL1000. 23, 000 miles and runs good. 3 years ago I found it and only paid $1, 000. I have been offered $3000. No not for sale. I have been told that to a collector it could be worth as much as $5000. Parts are becomming more rare but almost anything is still available on e-bay. Like my daughter's 1981 yamaha 550. It needs carb redo, manifold boots, valve cover gasket, chain and sprockets, and fork seals. Cost to have a shop fix $2300+. Not worth it. I will donate it and take the $2300 and get a newer bike that is running.
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