Are our scooters now investment grade assets?
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Hooked
61 VBB and 79 P200
Joined: 01 Jan 2018
Posts: 125
Location: Folsom CA
Fri Apr 02, 2021 12:41 pm quote
Scooter prices are really accelerating.I've been contemplating parting with my VBB since I love riding my P200 so much. But then I was thinking, since it's a sunk cost and requires no cost/effort to store I'd be better off waiting.

Anybody else hanging onto something because it's only getting more valuable by day?
Hooked
PX200
Joined: 08 Apr 2014
Posts: 194
Location: Dublin
Fri Apr 02, 2021 1:48 pm quote
My PX200 is like a Rolex... Can't be bought from an authorized dealer and gaining value on a daily basis...

But I didn't buy it as an investment, so just drive it and enjoy it...
Moderator
VNB VSC VBC VSX
Joined: 28 May 2008
Posts: 4800
Location: Hustletown, TX
Fri Apr 02, 2021 2:25 pm quote
Or this...

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Hooked
61 VBB and 79 P200
Joined: 01 Jan 2018
Posts: 125
Location: Folsom CA
Fri Apr 02, 2021 3:41 pm quote
Birdsnest wrote:
Or this...
It seems even pieces of shit are seeing ridiculous prices
Ossessionato
Joined: 22 Oct 2011
Posts: 4399
Location: Tega Cay, SC
Sat Apr 03, 2021 7:49 am quote
I think they are asking ridiculous prices. Whether the scoots are selling is another story. Prices on parts have certainly been climbing on any 2 wheeled transportation - scoots or motorcycles, so maybe that plays into it. I have rarely even gained on selling any of the ones I've personally owned. I'm much better off on working on them and getting paid for that. But the journey is taking something that was considered junk and making a rider out of it has pretty much been the reward.
Ossessionato
Joined: 22 Oct 2011
Posts: 4399
Location: Tega Cay, SC
Sat Apr 03, 2021 8:02 am quote
I will also add that the ones that keep there value and gain the most are the ones that do not stray too far from being kept in stock form. This goes for cars and motorcycles as well, of course. Older Honda original bikes are going thru the roof, with the other Japanese manufacturers trailing close behind. As far as investment goes, I think it is a maybe. Maybe you will gain by buying one at a good price and holding onto it for a number of years. Most people that paying the high prices are the ones that have an emotional attachment to a certain machine, say a 1969 Honda CB350. They had one in high school or college and would like to own one again. Even if it is just something for an occasional Sunday afternoon ride and/or be part of a group. But these bikes are a bit rare and usually not a deal to begin with, so making any money on them in the selling is up in the air.
Ossessionato
79 P200E, 62 Allstate, 2008 Stella
Joined: 11 Jan 2006
Posts: 2072
Location: Florence, OR
Sat Apr 03, 2021 8:10 am quote
Tierney wrote:
But the journey is taking something that was considered junk and making a rider out of it has pretty much been the reward.
This is what I like to do...Making a rider....
Addicted
1967 Granturismo 177, 1979 P200E, 1974 Primavera 125 Hooligans S/C Seattle/Austin
Joined: 11 Mar 2013
Posts: 605
Location: Austin, TX
Sat Apr 03, 2021 8:48 am quote
P200 Motor
The cost of a P200 motor is even ridiculous these days. I bought my P200 for $900 and thought that was high (not recently). Motors alone going for upwards of $2500
Hooked
61 VBB and 79 P200
Joined: 01 Jan 2018
Posts: 125
Location: Folsom CA
Sat Apr 03, 2021 10:19 am quote
Tierney wrote:
I will also add that the ones that keep there value and gain the most are the ones that do not stray too far from being kept in stock form. This goes for cars and motorcycles as well, of course. Older Honda original bikes are going thru the roof, with the other Japanese manufacturers trailing close behind. As far as investment goes, I think it is a maybe. Maybe you will gain by buying one at a good price and holding onto it for a number of years. Most people that paying the high prices are the ones that have an emotional attachment to a certain machine, say a 1969 Honda CB350. They had one in high school or college and would like to own one again. Even if it is just something for an occasional Sunday afternoon ride and/or be part of a group. But these bikes are a bit rare and usually not a deal to begin with, so making any money on them in the selling is up in the air.
I hear ya. My larger point was simply don't sell something you don't need to sell. In 1986, I passed on a 53 Telecaster for $1500 that is now worth six figures. I sold a 71 for $200 that is approaching $10k today.
Hooked
2001 LML 150 2t
Joined: 16 Jul 2017
Posts: 370
Location: Queensland, Aus
Sat Apr 03, 2021 1:10 pm quote
Popgunandy wrote:
I hear ya. My larger point was simply don't sell something you don't need to sell. In 1986, I passed on a 53 Telecaster for $1500 that is now worth six figures. I sold a 71 for $200 that is approaching $10k today.
Ouch!! I have a couple of those in the bass guitar world. I donít have many regrets in my life but my Ď70ís Ampeg V6B amp that I basically gave away is definitely on that list.

Back to Vespa prices... same thing is happening in Australia. Big big rises in the last few years. Itís almost impossible to find a bargain now. I doubt the lmlís are going to rise in price at the same rate but the 2 early ones I own I plan on keeping. Why not? I have the space and Iíve done a lot of tidying up on them.
Style Maven
74 50s x3 78 P200 x2 84 Cosa PK50XL2 58 AllState 68 Sprint 80 50special '66(?) Super125
Joined: 22 Nov 2010
Posts: 8128
Location: seattle/athens
Sat Apr 03, 2021 4:55 pm quote
Just try to find a new LML motor anymore, they used to be all over, but are no longer made. I understand that Piaggio even bought up a big lot of them for spares? I'm feeling Super lucky that I got a nice Super last year with a fresh LML motor in it for less than you'd pay for just the motor now! That would be $1,440.06 at SIP currently and almost $400 for just bare LML crankcase set. And trying to find good stock P200 cases? That's no fun at all.

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Veni, Vidi, Posti
a not so normal vbb2 '64, a weirdo vbx '86, a not so normal pts100 '82 and a red lipstick '74 sprint
Joined: 15 Jun 2009
Posts: 5738
Location: Indo
Wed Apr 07, 2021 7:50 am quote
qascooter wrote:
Tierney wrote:
But the journey is taking something that was considered junk and making a rider out of it has pretty much been the reward.
This is what I like to do...Making a rider....
Me too, its been almost 4 years since the last time i able to buy a whole vespa, after that i am making vespa out off scrap and make it a rider, normally i buy for $100 now with that price i cannot even buy an engine, amd my wife is preventing me to sold any of the vespas as ahe know me best that i will be clueless after selling one and spend the next several years to track another one

Keep the vespa and ride it with smile and cheer guys
Ossessionato
79 P200E, 62 Allstate, 2008 Stella
Joined: 11 Jan 2006
Posts: 2072
Location: Florence, OR
Wed Apr 07, 2021 8:41 am quote
koenig blues wrote:
And my wife is preventing me to sold any of the Vespas as She know me best that i will be clueless after selling one and spend the next several years to track another one
I'm glad your wife knows you so well. My wife does the same for me. She always reminds me of the one bike I sold, and now I'd love to have it back!
Hooked
1977 Super 150 (PT Danmotor), '64 VBBs, a few old motorcycles
Joined: 01 Apr 2017
Posts: 197
Location: Western Mass., USA
Wed Apr 07, 2021 11:32 am quote
qascooter wrote:
koenig blues wrote:
And my wife is preventing me to sold any of the Vespas as She know me best that i will be clueless after selling one and spend the next several years to track another one
I'm glad your wife knows you so well. My wife does the same for me. She always reminds me of the one bike I sold, and now I'd love to have it back!
I know I'm lucky too this way. My wife has been overly generous with letting me take over almost any available work- and storage space. She indulges me in my addiction, which also serves as my therapy.
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