Hi everyone. I have had my 748r on ebay a few times this year and had no luck selling. I know the market is on its arse ATM. Is anyone else having the same experience? On the bright side I have been contacted by every timewaster, dreamer and crackpot in the country! Cheers Guys and girls.
Become a forum subscriber (costs you £5) and put it on here. Having been a recent previous owner, model year, condition (collector or ridden), service history, originality and price point contribute equally to its sellability and it’s a very small market. Andy
Thanks for reply Andy. I did have it on here last year. It has been off the road for about 5 years so needs recommissioning. Perhaps I was asking too much. Wiil try again. Thanks again Andy.
Just my opinion, the recommissioning service needs to look at shims which, if it is done by a recognised and respected dealer or independent, the buyer would need to budget (dealer) £2k or (independent) £1k+ on top of the purchase price. From my perspective, it’s a rider (which is the right thing for it) not a collector which again reduces your market share and the value. Your rear sprocket looks original and is totally toast Andy
The UK spec Mk1 748R only came in yellow and if you find one in red, it’s been imported from another country or resprayed. I cannot verify what I was told by a main dealer, which was that there were no red, UK spec 748Rs that came to the UK from Ducati in 2001 although I’m sure someone will contradict me. The last time I was challenged on that though, the owner discovered that his red bike had been resprayed from the original yellow by a previous owner. And yes, the 748R in yellow is the faster of the two colours Andy
I appreciate that money would need to be spent on recommissioning which is why I set the price to reflect that Andy.
It might be better for you to get the re commissioning done and sell at market value. If a fully sorted 748r is 10k (for instance) and you've got yours up at 8k but with a 2k bill coming to the next owner, buyers might as well buy one that's sorted and doesn't immediately need to go into a specialist.
Using your example, what price would you put on the bike that needs recommissioning in a year when the market is really slow?
I have revised the price down to £7500 but iam reluctant to go any lower so I guess I will need to get the recommissioning work done.
Yes. So in your opinion if the bike would require a recommission after 5 years what would its price be relative to a £10K, fully road going bike, in a slow market?
It's tricky, I don't want to insult the owner etc. But, for me, if i were in the market for 10k bike that needed a 2k re commissioning then I'd want to save a grand. With anything that's been stood for such a long time, there will be other issues and it's got to be a worthwhile purchase. For me, it would be a 7k buy..... But I'm not buying it Like I said earlier, I would get the re commissioning done and sell at market value. Difficult isn't it, do you spend to sell or reduce to sell
Yes! I was thinking the same except that it would be at least £1000 to cover me incase other surprise issues that showed up. My purchase limit would probably be £6Kish max using your example. Sorry to have put you on the spot a little but I was wondering what the consensus was, and if I had stated my thoughts it might have made a difference to your reply. I also think that most people who are buying expensive bikes (or anything else) don't want a project, which makes the item appeal to an even smaller niche group. How many millionaires buy fixer upper homes? Thanks!
There may also be a smaller (but quickly expanding?) market of people who prefer/love to DIY such things. I personally love to buy bikes to both ride and tinker with. And I realized that my greatest pleasure comes from recommissioning bikes before riding them. No matter how great the dealer or indie is, no one will ever put the level of detail and attention mechanically inclined owners do when recommissioning a bike for themselves. It is simply impossible for a pro to spend this much time on a single customer’s bike and then bill corresponding labor…
