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Messages - swede74

#1
Wanted / For Sale / 77 MC5 250 FOR SALE
February 02, 2001, 06:56:14 AM
Quotequote:
First, may I qualify this as _MY_ opinion. After all, you asked for it.

Feel free to debate my points:

Wow, valuation sight-unseen....
Factors in some semblence of order:
condition
condition
condition
and then, uniqueness of model
intended purpose
level of desire of the buyer
local interest/activities for vintage

Lucky for the internet, it's easy to expose an item (any item) nationally without much cost or effort. This makes your access to a possible interested party much higher, hence generating a higher possible value.

From your pictures it looks like a complete, straight bike with a fairly normal "ridden" look. It also looks authentic, so qualifies for someone that would want it to restore to new condition.

If the working components are still functioning properly, ie. shocks, seals, brakes, controls, and serviceable things, it might make a nice entry level rider for someone wanting to vintage race.

It's also of suffecient displacement to make a decent trail/sport rider albiet not as smooth as a newer bike that could be had for probably less than this bike is "probably" worth. I love my 400 for trail and desert riding, as a play bike; this bike would put out good power and handle well for a sport rider as well.

I'm not familiar with any particular rarity of this model (well, all Pentons are rare) like some of the really early bikes. However it's the last year they were sold as Pentons, so a buyer may be drawn to the peak of development for the brand. It races in the later model class under all vintage racing rules.

Complete cores ready for restoration, even if they don't run, are worth a few hundred dollars to me. If there is some rarity to the model or if they are older they can be worth much more.

The potential buyer is the key to the value of your machine. The question is, is that buyer a collector or a rider?

A good running rider or possibly race-ready bike with everything working (not necessarily new, as long as everything works) seem to sell in the $800-$1,600 range. Yes it's a large spread because of the other factors.

Completely restored models of any type that are within specification of factory new condition, both appearance and running condition, can bring $2,000 to $7,000, again, depending on model and condition. I think Rick Doughty at Vintage Iron here in southern California, consistantly gets $4,000 to $7,000 to restore an old race bike to better than factory new condition. He has a Maico on the showroom he claims is worth $15,000. A complete restoration is very costly and time consuming, done right, and then, is the bike worth that much to a potential buyer?

So, the answer to your value question is to place your machine in a value catagory of what you believe is it's honest condition, and what you think a buyer of either collector or rider might be willing to pay you for it.

Alternatively, place it for auction and set a reserve at a level you'd be willing to part with it under your current financial condition and see what's bid on it. If it sells.... it sells! If it doesn't you can decide if you want to drop the price or hang on to it until you decide to offer it up for sale again.

I'm always cash poor because my spendable income is already tied up in toys, so I would only be willing to bid a rediculous amount to "steal" it. A fair transaction is a seller willing to sell, and a buyer willing to buy - at a fair market value.

When someone sells a machine, always try to find out what they sold it for, as that will help differentiate for you the the true value selling price from "asking prices", in an average sale. If someone tells you they just HAD to sell, then they probably sold it for less than it's true market value.

So much for my ramblings.... and sorry for being so long winded. My wife's out tonight, and I'm too tired to work on my latest project (Penton 6Days) so I have nothing else to do!

Cheers!  Chris




 

 
#2
Wanted / For Sale / 77 MC5 250 FOR SALE
February 02, 2001, 06:53:57 AM
Quotequote:
First, may I qualify this as _MY_ opinion. After all, you asked for it.

Feel free to debate my points:

Wow, valuation sight-unseen....
Factors in some semblence of order:
condition
condition
condition
and then, uniqueness of model
intended purpose
level of desire of the buyer
local interest/activities for vintage

Lucky for the internet, it's easy to expose an item (any item) nationally without much cost or effort. This makes your access to a possible interested party much higher, hence generating a higher possible value.

From your pictures it looks like a complete, straight bike with a fairly normal "ridden" look. It also looks authentic, so qualifies for someone that would want it to restore to new condition.

If the working components are still functioning properly, ie. shocks, seals, brakes, controls, and serviceable things, it might make a nice entry level rider for someone wanting to vintage race.

It's also of suffecient displacement to make a decent trail/sport rider albiet not as smooth as a newer bike that could be had for probably less than this bike is "probably" worth. I love my 400 for trail and desert riding, as a play bike; this bike would put out good power and handle well for a sport rider as well.

I'm not familiar with any particular rarity of this model (well, all Pentons are rare) like some of the really early bikes. However it's the last year they were sold as Pentons, so a buyer may be drawn to the peak of development for the brand. It races in the later model class under all vintage racing rules.

Complete cores ready for restoration, even if they don't run, are worth a few hundred dollars to me. If there is some rarity to the model or if they are older they can be worth much more.

The potential buyer is the key to the value of your machine. The question is, is that buyer a collector or a rider?

A good running rider or possibly race-ready bike with everything working (not necessarily new, as long as everything works) seem to sell in the $800-$1,600 range. Yes it's a large spread because of the other factors.

Completely restored models of any type that are within specification of factory new condition, both appearance and running condition, can bring $2,000 to $7,000, again, depending on model and condition. I think Rick Doughty at Vintage Iron here in southern California, consistantly gets $4,000 to $7,000 to restore an old race bike to better than factory new condition. He has a Maico on the showroom he claims is worth $15,000. A complete restoration is very costly and time consuming, done right, and then, is the bike worth that much to a potential buyer?

So, the answer to your value question is to place your machine in a value catagory of what you believe is it's honest condition, and what you think a buyer of either collector or rider might be willing to pay you for it.

Alternatively, place it for auction and set a reserve at a level you'd be willing to part with it under your current financial condition and see what's bid on it. If it sells.... it sells! If it doesn't you can decide if you want to drop the price or hang on to it until you decide to offer it up for sale again.

I'm always cash poor because my spendable income is already tied up in toys, so I would only be willing to bid a rediculous amount to "steal" it. A fair transaction is a seller willing to sell, and a buyer willing to buy - at a fair market value.

When someone sells a machine, always try to find out what they sold it for, as that will help differentiate for you the the true value selling price from "asking prices", in an average sale. If someone tells you they just HAD to sell, then they probably sold it for less than it's true market value.

So much for my ramblings.... and sorry for being so long winded. My wife's out tonight, and I'm too tired to work on my latest project (Penton 6Days) so I have nothing else to do!

Cheers!  Chris




 

 
#3
Wanted / For Sale / 1976 penton250mc5 petcocks
February 02, 2001, 06:34:51 AM
Where can I find petcocks for my penton 250 mc5. NOS