That's what people are saying and asking on a lot of fronts regarding prices. Somehow my gut tells me the increased prices are here to stay in almost every area. They most certainly will never go back to what they were a couple of years ago. When I drive around my local area I tend to look at the number of "Help Wanted" signs posted. They never go away, only multiply. Unfortunately, many times when the Help Wanted Sign is taken down the replacement says "Going Out Of Business". I just learned from my wife today that the emergency room at the hospital she works at just started using traveling/temporary staff. They have never done that before as it was felt only well qualified, experienced people should work in the emergency room for obvious reasons. Times are a changing.
With people on lockdown/reduced travel/WFH, they have had a lot of free time; some people filled that time with buying and working on bikes. Increased demand leads to increased prices.
I think demographics also come into play. The guy (or gal) that jonesed for one in the '70's or had one back then is now in a good position at this point in their life to afford one and pay handsomely for the privilege. They are also most likely to be a weekend rider, so owning/maintaining a 50 year old bike that was/is so dependable is easy. "King of the Road" for less than a Corolla?, count me in! I've had mine since 1979, but the number of times I've been approached by someone my age wanting to tell me tales of ownership or longing for one is countless.
My last purchase was in 2016 at $1,500 ($CAD) and the final tally was about $20,000 for a bike that still needed some final touches. (steering lock, handlebar levers, etc.).
Did $1500 buy a motorcycle or a frame and engine ?
In 2019 I needed some some engine parts.
I bought an engine on ebay for $500.
I went to Pennsylvania to pickup the engine.
While I was there the guy says I have a 75 z1 if you are interested.
I looked at it, it was rusty (the rusty hunk if you recall the story).
I was not sure if I should bring it home or not.
Finally decided to bring it home (Does anyone recall my harrowing trip in the snowstorm?)
I still have the bike, I think of the snow storm every time I ride it).
It bought the entire bike.
It was a lot nicer when I finished it. I bought it in 2016 when prices were a little lower. It had a close ratio tranny that caused me to pull the cases apart 5 times to figure out why the kick start kept grinding. It had been registered as a 74, probably because of the build date, but it's a 75.
I have several restored bikes along with a 2006 Goldwing with a sidecar. My wife has a 2019 Suzuki DR 650 for on and off road.
That Rickman has SOS (Secretary Of State) stamped serial numbers from Illinois. If I remember right the Rickman rolling chassis kits came with their own serial number stamped on the frame. I have not been around a Rickman framed Kz since back in '77 so I am not 100% sure they did.
Something don't add up in my book.......
Check out the piss poor stamping of the frame numbers!!!!!!!!
1972 H2 750 Cafe Racer built in 1974.
1976 KH400 Production Road Racer.
1979 Kz1000 MK. II Old AMA/WERA Superbike.
1986 RG500G 2 stroke terror.
1986 GSXR750RG The one with the clutch that rattles!