What a lovely colour combination. Cost will soon be forgotten.....
After my first real restoration of a vintage motorcycle I calculated the depreciation per year on the back of a beer stained napkin during a football game arguing with my buddies that vintage bikes are way cheaper than newer ones and not even close to renting a bike.
Bike cost $1,000
Restoration cost $5,000
Value at debut at show - $6,500
Value at end of first year - $4,000
Value at end of 2nd yr - $3,500
Value for years 3-9 - $3,500
Value for years 10-15 - $3,000
Cost per ride -
year 1 - 25 rides =$160 each(ouch)
year 2 - 15 rides = $33 each
Year 3 - 18 rides = $27 ride
years 3-15 basically each ride is free
way cheaper than a newer bike that looses $10,000 in value over 10 years with less rides.
Compare that to renting a Harley for $250 per weekend.
I did the same calculations for my pagoda and after 4 years with prices going up its paying me each time I drive it.