Buy now, ridiculous value for money right now

just reading the latest issue of MCN and there is an article by their used bike dealer and he mentions various bikes to buy but he says of the VFR 750 "I'd also tip Hondas VFR 750 and 800 (not the VTEC) especially the final carbed models.I don't think Honda have made anything to the same quality since, both are ridiculous value for money right now'', just about says it all really I think !

 

Yep, I just bought my 97 VFR750 a couple of months ago. $1800 which feels like a steal to me.

 

Agreed, around here the 1st-5th gen asking prices have been about 1/3 or 1/2 of what they are really worth. For a couple years now.

I think that the mint condition ones are about to ascend to unobtainium status, very soon, if they allready haven't.

If money was no object, I'd get a 96-97 mint condition bike now, or a 98-99. I'll have to testride both next summer if at all possible..

Riding on the storm

 

In Ontario, Canada, the Vfr750 is a very underrated bike and pretty much goes for peanuts. There’s one now going for $1100 with 86000 kilometres and appears to be in good condition. I bought my ‘95 in 2011 with 38000 kilometres for $3500. It came with givi rack and 2 sets of givi luggage, including Corbin seat and touring screen. Definitely not a bike I could turn down.

 

I bought my 91 VFR750 with 26,000 miles and almost new tires for a grand total of $350. Had to replace some busted plastic and clean carbs plus a couple minor issues, have less than $1000 in it. It runs great. Low price was due to owner getting a big DUI and his dad selling it. I happened to drive by on my way to church just as his dad put it at the end of driveway with FS sign on it. I guess it was fate?

My only compliant is it is HEAVY ! I've been riding a 2001 SV650S since 2004 and it feels like a feather after riding the VFR. The weight isn't an issue on the road but it's a chore moving it around in the shop. Oh well, at 72 I guess I should be glad I can still get my leg over the seat.

Looking forward to spring so I can ring it out. My cold threshold keeps going up as I age.......

Bottom line IMO, yes I got an unusual deal but as I observe the asking prices on craigslist, etc. the VFR's in general seem to be a great value. OTOH the market in general seems very much depressed. Too many bikes and not enough buyers. I do not believe it will get better. The demographics are against the market as us Boomers either can no longer get their leg over the seat or have the dirt thrown over our faces.....

So I believe they only "seem" to be under valued. In reality they are selling for their actual true value. A good deal only if they are what you happen to want. I wouldn't be buying them for an investment. A good deal if you plan on riding them 50,000 miles or more and throwing them away...

Jack

 

The weight of the vfr is a downside. Only having half a tank of gas when going through the twisties makes a big difference I find, and due to its great gas mileage, that is not a problem.

 

L

Nailed it.
The only bike of mine that's dropping in value is my VFR..
There are only 2 (technically vfr s) that don't drop - the RC30 & the RC45.
But that's ok as it gives me one bike I don't need to worry about...

 

The VFR in this neck of the woods has always been a bit of a hard sell. I picked up my 99 for $1500., this fall, which in my view was cheap. That year should probably sell for $ 3000. up here, and there are several for sale in Alberta, of various vintages, in and around that price.

The number of bikes that are for sale is stagering. In my view many are overpriced for what they are and what they were worth when they were new. I'm aware of inflation, but in reality it has very little relationship with disposable assets like bike, cars etc. Very few are actually collectable or rare.

I've had one new bike in the last 50 yrs and a dozen or so used ones. There are so many good used bikes with low miles, it really pays to shop around.

 

Another bargain.............1986 VFR700

https://buffalo.craigslist.org/mcy/d/rare-sportbike-1986-vfr-700/6740236676.html

 

Well, in Finland, everything that has "low mileage", or was newly bought here instantly doubles or triples in price.

So a low mileage "Finn-bike", "Finn-car", Finn-whatever", would be a good investment to restore and store somewhere.

I find it funny and totally idiotic, especially in cars, since most finns are not that methodical when it comes to owning and maintaining anything. Also, when fall comes, absolutely every bigger road is coated with salt, so corrosion is a big factor, especially with non existent ownership.

So for an example, a German car, bought used from Germany, that has for example 200mi behind it. Is mostly in a way better shape, than the same car, that was bought new here, and has about 100mi on it now.

Also, the ridiculous taxes and importer overhead makes it impossible to find anything but the plain minimum stock configuratuions. Still these things commanf premium prices.. I live in seriously weird hick of the woods...

Riding on the storm