Found a sweet 75 z1 today!!

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25 May 2016 08:26 #728436 by car5car
Replied by car5car on topic Found a sweet 75 z1 today!!

MDZ1rider wrote: I think most members on here share my opinion that we don't do a profit/loss analysis before starting a project. If I did, I would have done 0 projects. I've been fortunate that I could probably break even on most of my restorations (if I ever chose to sell them). However, the reward for me is not measured in Dollar$. Your numbers aren't even close, but I'll go with them. $4K purchase and $1K parts for a total investment of $5K . KBB sale value of $9K. That's a 56% ROI! Beats the hell out of anything else in my portfolio.

IF it goes for 9.

96 Yamaha Royal Star
82 Yamaha Virago 920

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25 May 2016 08:30 - 25 May 2016 08:36 #728438 by car5car
Replied by car5car on topic Found a sweet 75 z1 today!!
No eBay APP ID and/or Cert ID defined in Kunena configuration74 z1 sold for 7500:

96 Yamaha Royal Star
82 Yamaha Virago 920
Last edit: 25 May 2016 08:36 by car5car.

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25 May 2016 08:36 #728440 by SWest
Replied by SWest on topic Found a sweet 75 z1 today!!

car5car wrote:

MDZ1rider wrote: I think most members on here share my opinion that we don't do a profit/loss analysis before starting a project. If I did, I would have done 0 projects. I've been fortunate that I could probably break even on most of my restorations (if I ever chose to sell them). However, the reward for me is not measured in Dollar$. Your numbers aren't even close, but I'll go with them. $4K purchase and $1K parts for a total investment of $5K . KBB sale value of $9K. That's a 56% ROI! Beats the hell out of anything else in my portfolio.

IF it goes for 9.


As long as some HACK doesn't get it, puts on used mismatched parts, mungs it up, cheaps out on the engine work, then try's to sell it as original, It'll get at least that. B)
The price will keep the lowlives away. Good thing too. It deserves better. :woohoo:
Steve

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25 May 2016 08:56 #728449 by SWest
Replied by SWest on topic Found a sweet 75 z1 today!!
No eBay APP ID and/or Cert ID defined in Kunena configuration

car5car wrote: 74 z1 sold for 7500:


Mismatched parts, incomplete, no reserve. Not bad. :woohoo:
Steve

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25 May 2016 09:25 #728457 by MDZ1rider
Replied by MDZ1rider on topic Found a sweet 75 z1 today!!

IF it goes for 9.

Or, as my wife frequently reminds me...IF you ever sell it(at all). My attitude is that if I buy stock, and the Company crashes tomorrow (Enron anyone?), what have I got...nothing. If the same thing would happen with a bike's value, I've still got a bike to ride and enjoy!
Do a search on alternative investing and you'll find classic cars are currently one of the hottest investment markets. Although not as large, the same principals apply to motorcycles. The supply has stopped and the demand is still going.
That all just a story for my wife's "how many bikes do you need?"question. Truth is I buy bikes because I like them. Dealers buy based on resale value.
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25 May 2016 14:45 #728514 by GregZ
Replied by GregZ on topic Found a sweet 75 z1 today!!
I spoke with the owner twice, yesterday and today. Both times he said he would get me photos of the bike . I'm still waiting. This doesn't sound to promising and i tossed out a pretty good number $

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26 May 2016 07:07 - 26 May 2016 07:14 #728630 by MDZ1rider
Replied by MDZ1rider on topic Found a sweet 75 z1 today!!
There's some pictures on Baltimore Cycle Salvage's facebook page. If it's the same bike, it's actually a 74 Z1A. I work about 1/2 hour away from the place. If he doesn't get back to you let me know. I'll swing by and check the bike out. It looks like the owner is more into BMW airheads from his facebook posts.

www.facebook.com/BaltimoreCycleSalvage/photos?ref=page_internal
Last edit: 26 May 2016 07:14 by MDZ1rider. Reason: Added link

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27 May 2016 03:18 #728781 by GregZ
Replied by GregZ on topic Found a sweet 75 z1 today!!
The 74 he has is not for sale. I'm still waiting on photos of the 75.

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28 May 2016 08:53 #728960 by car5car
Replied by car5car on topic Found a sweet 75 z1 today!!
If you want it, you should run and grab it before it is too late.
If they sell for 9k, 4k price is a good deal.

96 Yamaha Royal Star
82 Yamaha Virago 920

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  • Tirefire Pat
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30 May 2016 17:38 #729276 by Tirefire Pat
Replied by Tirefire Pat on topic Found a sweet 75 z1 today!!
Sorry guys for any misinformation ,,there was a ton of sales\ old kaw talk going on,,just tring to pass a good. Lead along to anyone,,so I guess your welcome,,,lmao
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