Stupidly overpriced motorcycle for sale thread
- Thread starter killerkeith
- Start date
Here's one comparable from 2021
Soooo, yeah, probably double what he'll actually get for it.
2021 was the height of covid pricing, the market has tanked since then.
There isn't a lot of collectors looking for that bike. I betcha it doesn't sell... EVER.
TK4
Well-known member
I don't recall these ever being imported into Canada - likely grey market. The current owner likely paid too much and is being greedy.
According to that Iconic ad the Ohio bike was originally sold in Canada and has pictures of a RIV sticker.
I didn't know they were sold here....
Every time I have seen an old bike still in the crate they are grossly overpriced, to anyone but a specific collector... meaning they're financial losers, if you put the bike purchase price into the S&P500 you would have more money.
AND THEN: the bike is in Canada... so estimate the US price, then subtract at least 25%... if the seller shipped it to Iconic or Mecum he would get the shipping costs and probably more. The bike being in Canada REALLY limits the bidders. If the bike was in the states you would get 5x as many bidders... so probably a better price.
I didn't know they were sold here....
Every time I have seen an old bike still in the crate they are grossly overpriced, to anyone but a specific collector... meaning they're financial losers, if you put the bike purchase price into the S&P500 you would have more money.
AND THEN: the bike is in Canada... so estimate the US price, then subtract at least 25%... if the seller shipped it to Iconic or Mecum he would get the shipping costs and probably more. The bike being in Canada REALLY limits the bidders. If the bike was in the states you would get 5x as many bidders... so probably a better price.
Relax
Well-known member
That doesn't make any sense. If it has a RIV (Registrar of Imported Vehicles) sticker, that's from importing it INTO Canada.
From Japan, where it was made. Honda imported into Canada to sell it. If it was imported into Canada and was sold, it had a RIV cert.
TK4
Well-known member
Unless it has the little round maple leaf sticker it's a one-off personal import.
That sticker was applied at a Canadian Honda dealer, as per Canadian law.
It also gets the sticker with the maple leaf
Canadian ICES-002 references compliance to radio interference laws
JDM's don't have these
Relax
Well-known member
RIV only regulates vehicles originally manufactured for distribution in the US or mexico:
RIV - Registrar of Imported Vehicles
As far as I understand, it's designed mainly for personal or low volume (grey market) importation from within North America. Canadian dealers probably have some other system they go through, where Transport Canada has already pre-cleared cars destined to Canada directly from the manufacturers.
TK4
Well-known member
Transport Canada dictates the round maple leaf sticker (and a number) on anything imported directly, even 'for off road use only'. I'm not certain what hoops the manufacturers have to jump through, but Yamaha imported lots of TZs back in the day and they all had that sticker.RIV only regulates vehicles originally manufactured for distribution in the US or mexico:
RIV - Registrar of Imported Vehicles
www.riv.ca
As far as I understand, it's designed mainly for personal or low volume (grey market) importation from within North America. Canadian dealers probably have some other system they go through, where Transport Canada has already pre-cleared cars destined to Canada directly from the manufacturers.
I have been through the RIV process quite a few times for vehicles I have personally imported, as far as I know it is specifically for personal imports only. Our current camper has an RIV sticker on it because we bought it in New Jersey last year and imported it back to Canada. The fact it was manufactured here originally was irrelevant, it was exported for sale in the USA and as such was a foreign registered vehicle.
Accordingly I would have to guess that this bike was originally from the USA and was imported by an individual buyer at some point in its past.
Yep, and I think that any dealer import is exempt from that process. My 2011 Chevy Volt daily driver, for example - the Volt was not sold in Canada until 2012, so my car was an import from the USA, but there's no RIV sticker anywhere on it because it was a dealer managed import.
...but it only needs love. Love is free.
...not so much a wiring harness and why it needs it....
My KLR (2006) has a MPH speedo because it came up from the states at some time. I've never seen the RIV or maple leaf stickers on it.
turbofj6
Well-known member
1984 Honda Nighthawk 550
$6000. WTF? Coming into December? almost 40 years old. Not the 750 or the 650. $6000.
$6000. WTF? Coming into December? almost 40 years old. Not the 750 or the 650. $6000.
