Greetings, I could use a little help here. A friend of mine was named co-executor of a buddies estate. The guy had 3 bikes including 2 Triumphs. He's obligated to get "fair value" for the bikes "as is" and has asked for my help trying to establish as much.
Bike #1: 67 T120R
Numbers match - DU 48xxx, original paint in faded/dinged up shape, pretty much stock except handlebars, shorty mufflers, back rest. Chrome in bad condition. Proper monoblocs (389/95). Last on road 2000ish. Kicks over. All rubber is rotten. Original seat with a variety of small tears. IIRC odometer reads ~10,300. Really nasty smelling gas in tank. The guys 3rd bike was a '92 Sportster 883 so I imagine that became his regular rider from that point on, this Bonnie probably didn't get much use after that.
Bike #2: 66 T120TT
Numbers match. Beautiful restoration by Tim Bardsley/"Mostly British Motocycles" back in '98. We think it's been sitting in the guys living room ever since then, no evidence of it being run since then. Does kick over.
There should be valid paperwork (transferrable NYS registration) for these but it is tied up with the estate so there may be some drama.
Mecum Las Vegas last month had 4 TT's - prices ranged from 6750-12000, avg 9750. A year prior they had 3 - prices were higher - avg 15800 (are classic bike prices really dropping that much?). Anyway there's some basis for recent pricing to use there. Having a harder time on the T120R... seems like perfect restos are in the 9-12 range. Clean mostly stock riders ~ 5-6ish? But cosmetically rough, non-running - but mostly original bikes... not so sure.
Anyway, opinions are welcomed. I'm somewhat interested in the T120R - have resurrected many bikes like this - so I'm a little biased here - he'd welcome a "reasonable" offer from me just to get one headache behind him... but I'm actively trying to downsize my collection so my interest level only goes so far...
Thanks for any thoughts...
Steve
Bike #1: 67 T120R
Numbers match - DU 48xxx, original paint in faded/dinged up shape, pretty much stock except handlebars, shorty mufflers, back rest. Chrome in bad condition. Proper monoblocs (389/95). Last on road 2000ish. Kicks over. All rubber is rotten. Original seat with a variety of small tears. IIRC odometer reads ~10,300. Really nasty smelling gas in tank. The guys 3rd bike was a '92 Sportster 883 so I imagine that became his regular rider from that point on, this Bonnie probably didn't get much use after that.
Bike #2: 66 T120TT
Numbers match. Beautiful restoration by Tim Bardsley/"Mostly British Motocycles" back in '98. We think it's been sitting in the guys living room ever since then, no evidence of it being run since then. Does kick over.
There should be valid paperwork (transferrable NYS registration) for these but it is tied up with the estate so there may be some drama.
Mecum Las Vegas last month had 4 TT's - prices ranged from 6750-12000, avg 9750. A year prior they had 3 - prices were higher - avg 15800 (are classic bike prices really dropping that much?). Anyway there's some basis for recent pricing to use there. Having a harder time on the T120R... seems like perfect restos are in the 9-12 range. Clean mostly stock riders ~ 5-6ish? But cosmetically rough, non-running - but mostly original bikes... not so sure.
Anyway, opinions are welcomed. I'm somewhat interested in the T120R - have resurrected many bikes like this - so I'm a little biased here - he'd welcome a "reasonable" offer from me just to get one headache behind him... but I'm actively trying to downsize my collection so my interest level only goes so far...
Thanks for any thoughts...
Steve