Wild Dog Adventure Riding

General => General Bike Related Banter => Topic started by: Sheepman on February 05, 2019, 12:46:03 pm

Title: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on February 05, 2019, 12:46:03 pm
Following on from the 950/990 thread by KTM Forever on the number of bikes hitting the market, what's the view on so called legend tax ?
Is it real ? Is it just a gimmick to inflate old bike prices or what ?
For example - XT Yamahas, XL and R Hondas, KTM 640 's and on the road side, Moto Guzzi Le Mans , Laverda Jota, Ducati SS etc.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Piet on February 05, 2019, 12:49:16 pm
Following on from the 950/990 thread by KTM Forever on the number of bikes hitting the market, what's the view on so called legend tax ?
Is it real ? Is it just a gimmick to inflate old bike prices or what ?
For example - XT Yamahas, XL and R Hondas, KTM 640 's and on the road side, Moto Guzzi Le Mans , Laverda Jota, Ducati SS etc.
I see you forgot to include KLRs.  :peepwall:  :imaposer: :imaposer: :imaposer:

Legend tax is simply a free-market phenomenon. If buyers are desperate and sellers are scarce, then the price is free game.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Noneking on February 05, 2019, 12:50:53 pm
I think It’s determined by the market. Usually rare bikes in decent condition selling at prices higher than one would expect due to “legend status” and not many becoming available on the market
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: sidetrack on February 05, 2019, 01:11:55 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: ROOI on February 05, 2019, 01:15:35 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.
Doubdt that 650 R's came down in price  :deal:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on February 05, 2019, 01:15:43 pm
I think It’s determined by the market. Usually rare bikes in decent condition selling at prices higher than one would expect due to “legend status” and not many becoming available on the market

Sure, I hear you - the HP, SE and others and not to forget the  KLR  :laughing4: fit this bill.
However, a quick check in scumbranch under " vintage and collectors bikes " reveal, for me at least, total unrealistic prices advertised.Granted, its another thing whether they fetch those prices of course.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: sidetrack on February 05, 2019, 01:17:02 pm
My picks for future legend tax :

DR650  :deal:
Anything 2 stroke (already expensive)
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Ganjora on February 05, 2019, 01:22:03 pm
My picks for future legend tax :

DR650  :deal:

jussis boet.
stop smoking crack,  stop talking smack.
 :thumleft:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on February 05, 2019, 01:25:43 pm
My picks for future legend tax :

DR650  :deal:
Anything 2 stroke (already expensive)

I don't know the DR that well, but it seems to be getting very popular because of its affordability, simplicity and durability.
2 Smokes, I agree 100%. I saw a guy advertising a Suzi Water Buffalo  for R250 K recently......and it was never even considered to be an outstanding bike in the day 
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: sidetrack on February 05, 2019, 01:57:03 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.
Doubdt that 650 R's came down in price  :deal:
Nee man kyk hier R38 bargain  :biggrin:

https://www.gumtree.co.za/a-motorcycles-scooters/barberton/2001-honda-xr650r/1004105256570910004749009
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: ROOI on February 05, 2019, 02:10:53 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.
Doubdt that 650 R's came down in price  :deal:
Nee man kyk hier R38 bargain  :biggrin:

https://www.gumtree.co.za/a-motorcycles-scooters/barberton/2001-honda-xr650r/1004105256570910004749009
Cheap but look at the condition  :o
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: ClimbingTurtle on February 05, 2019, 02:29:39 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.
Doubdt that 650 R's came down in price  :deal:
Nee man kyk hier R38 bargain  :biggrin:

https://www.gumtree.co.za/a-motorcycles-scooters/barberton/2001-honda-xr650r/1004105256570910004749009

WD Stickers on it too - whose is it?
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: ROOI on February 05, 2019, 02:33:49 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.
Doubdt that 650 R's came down in price  :deal:
Nee man kyk hier R38 bargain  :biggrin:

https://www.gumtree.co.za/a-motorcycles-scooters/barberton/2001-honda-xr650r/1004105256570910004749009

WD Stickers on it too - whose is it?
See it has a cape reg could be stof streeps old bike ???
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Kortbroek on February 05, 2019, 02:45:02 pm
Cheap but look at the condition  :o
Looks used maybe but I see no obvious issues with the condition at first glance. Hell my XR is normally so dirty people will think it's a piece of scrap  :imaposer:

Legend tax comes down to how people relate to certain bikes. The old XR's became famous because of their racing pedigree and the many successes over the years. Famous guys rode them. Take the XR650R and it's Baja track record. Even though they were only produced from 2000 - 07, Johnny Campbell made it famous. Interestingly the KX500 was just about as successful as the XR650R and came a few years earlier but Kawasaki pulled it and being less well known only people that know them will buy them.

Another point for the XR650R, they are fairly rare and they are the most bike you can buy for the money. Not many 55-60hp bikes around for R40-50k and that is what you're paying for a used one. In a few years clean low km examples are going to fetch crazy prices I suspect.

The old Africa twins often attract some legend tax because of their dakar lineage. KLR's on the other hand have full legend status, but 0 legend tax because there's a ton of them around. The same is true of the DR and XRL, all three effectively being 30 years old designs.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Fuzzy Muzzy on February 05, 2019, 03:32:37 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.

Yeah you are wrong there, if anything the XR650R has continued to hold their price and if you get one in good condition you still pay a premium, . The happy button has very little to do with it, the XR650R will outlast a 690 by about a decade.

What everyone is saying is true, its the market. When a 650R hits the market watch the chatter fly. I sold my 650R within 2 hours @ full asking price when I sold it, almost started a bidding war
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Fuzzy Muzzy on February 05, 2019, 03:37:50 pm
Cheap but look at the condition  :o
Looks used maybe but I see no obvious issues with the condition at first glance. Hell my XR is normally so dirty people will think it's a piece of scrap  :imaposer:

Legend tax comes down to how people relate to certain bikes. The old XR's became famous because of their racing pedigree and the many successes over the years. Famous guys rode them. Take the XR650R and it's Baja track record. Even though they were only produced from 2000 - 07, Johnny Campbell made it famous. Interestingly the KX500 was just about as successful as the XR650R and came a few years earlier but Kawasaki pulled it and being less well known only people that know them will buy them.

Another point for the XR650R, they are fairly rare and they are the most bike you can buy for the money. Not many 55-60hp bikes around for R40-50k and that is what you're paying for a used one. In a few years clean low km examples are going to fetch crazy prices I suspect.

The old Africa twins often attract some legend tax because of their dakar lineage. KLR's on the other hand have full legend status, but 0 legend tax because there's a ton of them around. The same is true of the DR and XRL, all three effectively being 30 years old designs.

Spot on, The KLR was also too heavy, much like the Transalp. great bike but 0 legend tax.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Beserker on February 05, 2019, 03:51:33 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.

The rand dropped in value - I received a serious offer on my bike, for nearly 30% more than I paid for it..

I know of a 2007 XRR, 800KM on the clock, with aftermarket e-start ...  R128k
The new owner took it, the first thing he did was to rip the e-start out, rip the battery out, sold it on for R30k (XRR doesn't really need it, it weighs a ton)
Still leaves him with an XRR of R90k.

Another one, has full 650 (not 680) HRC kit, incl. upgrade Showa rear etc etc, R85k

For an XRR with less than 25k km - R50k - R60k ("standard"  means farkled with long range tank, should be RWC)

Without Long Range tank, RWC and 30k km +, the price drops quick.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Ganjora on February 05, 2019, 04:31:01 pm
Same experience selling my XRR as fuzzy.
Previous owner still hates me after I forgot my pledge to sell it back to him...
Definitely my favourite bike.
The 950 got a few looks, the XRR had to have the drool wiped off it regularly.
 :thumleft:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: sidetrack on February 05, 2019, 04:39:05 pm
XR650R one bike I have never owned but have to admit not man enough to start that beast on a lever only. I have seen them on cold misty mornings refusing to wake up  :snorting:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Kortbroek on February 05, 2019, 04:53:18 pm
XR650R one bike I have never owned but have to admit not man enough to start that beast on a lever only. I have seen them on cold misty mornings refusing to wake up  :snorting:

I will be dead honest, if the bike is in good condition, carb setup is correct and valves are in spec, mine starts 1st kick, sometimes 2nd. Cold or hot. I've heard of people struggling once they've been flooded, I have had mine flooded when I had offs etc and if you clear our the combustion chamber first starting it is a breeze. If you're lazy or skip steps then you'll struggle.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Grumpleton on February 05, 2019, 05:24:36 pm
Ok so my  2003 KTM 950 Adventure S , yes the tall one, must qualify for legends tax :imaposer:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Kobus Myburgh on February 05, 2019, 06:04:10 pm
Will just leave this here .....

(https://uploads.tapatalk-cdn.com/20190205/0c47db094be935c31ec0a79ea1faec2e.jpg)

(https://uploads.tapatalk-cdn.com/20190205/07f5530320dea75c6cb0367839537e17.jpg)

(https://uploads.tapatalk-cdn.com/20190205/ef009313c2b6569f9008e9d5298217a8.jpg)

(https://uploads.tapatalk-cdn.com/20190205/7ea18ed2222e3e4e37dd47f7cb4ab803.jpg)

(https://uploads.tapatalk-cdn.com/20190205/6863d5e1bc9d671b3371710eec97ac39.jpg)


Sent from my iPhone using Tapatalk
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: ROOI on February 05, 2019, 06:10:55 pm
XR650R one bike I have never owned but have to admit not man enough to start that beast on a lever only. I have seen them on cold misty mornings refusing to wake up  :snorting:
That was my 990  :imaposer:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: teebag on February 05, 2019, 07:21:19 pm
I have a friend that has a few, well 13 to be exact...

(https://scontent.fcpt8-1.fna.fbcdn.net/v/t31.0-8/14102769_1806611882903980_6916791049442958223_o.jpg?_nc_cat=106&_nc_ht=scontent.fcpt8-1.fna&oh=43e951c66db0d6f0813bfba2cb96b825&oe=5CEDC0FE)
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on February 05, 2019, 07:33:06 pm
Will just leave this here .....

(https://uploads.tapatalk-cdn.com/20190205/0c47db094be935c31ec0a79ea1faec2e.jpg)

(https://uploads.tapatalk-cdn.com/20190205/07f5530320dea75c6cb0367839537e17.jpg)

(https://uploads.tapatalk-cdn.com/20190205/ef009313c2b6569f9008e9d5298217a8.jpg)

(https://uploads.tapatalk-cdn.com/20190205/7ea18ed2222e3e4e37dd47f7cb4ab803.jpg)




(https://uploads.tapatalk-cdn.com/20190205/6863d5e1bc9d671b3371710eec97ac39.jpg)


Sent from my iPhone using Tapatalk



That CBX Magnum is simply  stunning  :thumleft: ( However, they never came with auto box  ;) )
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: RobC on February 05, 2019, 07:35:45 pm
When the last electric bike gets banned because it uses fossil fueled electricity my KLR may be for sale... :sip: :snorting:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Edgar on February 06, 2019, 08:01:05 am

I have a Honda Z50, a lot of legend tax on that bike, now if I could only have a Suzuki RGV 250 in my garage I would feel complete  ;D
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Edgar on February 06, 2019, 08:04:16 am
 :drif: :drif:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: sidetrack on February 06, 2019, 08:45:34 am
:drif: :drif:
Had one just like that mint  :'( Looked exactly like Schwantz GP 500 bike !
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: boland on July 22, 2019, 03:16:19 pm
https://www.gumtree.co.za/a-motorcycles-scooters/other/ktm-950-super-enduro-r-+-uncrated-in-2016-showroom-condition-fully-loaded-once+in+a+lifetime/1005213518530910010773609

Just saw this...

That's R50K more than a geniune factory 690 RR currently also for sale on Gumtree!
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on July 22, 2019, 03:47:16 pm
https://www.gumtree.co.za/a-motorcycles-scooters/other/ktm-950-super-enduro-r-+-uncrated-in-2016-showroom-condition-fully-loaded-once+in+a+lifetime/1005213518530910010773609

Just saw this...

That's R50K more than a geniune factory 690 RR currently also for sale on Gumtree!

Saw that - I'm sure that bike was advertised on this forum some time ago
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on July 22, 2019, 06:42:19 pm
Legend tax is exactly what it says, what has the bike done/achieved to be a legend or seen as legend?

Take a Yamaha XT500 as example, winning the first ever two Dakar races guaranteed it legend status, but........lots of them sold so the rarity is not there.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: voorvel on July 22, 2019, 08:50:09 pm
And the ones sold, refused to die

Sent from my FIG-LX1 using Tapatalk

Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: katana on July 22, 2019, 08:55:34 pm
And the ones sold, refused to die

Sent from my FIG-LX1 using Tapatalk
And THAT is the LEGEND.  Now 99% of them are worn out and thrashed.  The 1% was collected by collectors long ago.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Altie7deLaan on July 22, 2019, 08:56:26 pm
1. Legend Tax refer to certain bikes, and they are few and far in between  ....
2. As opposed to Legendary Taxing, where an owner thinks everybody wants his boney, at a ridiculous price.
You get a whole lot more of no 2 nowadays... :pot:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on July 22, 2019, 09:14:05 pm
1. Legend Tax refer to certain bikes, and they are few and far in between  ....
2. As opposed to Legendary Taxing, where an owner thinks everybody wants his boney, at a ridiculous price.
You get a whole lot more of no 2 nowadays... :pot:

And everything older than 5 years is a "collector's item" :eek7: :xxbah: :pot: :pot:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on July 23, 2019, 08:04:06 am
1. Legend Tax refer to certain bikes, and they are few and far in between  ....
2. As opposed to Legendary Taxing, where an owner thinks everybody wants his boney, at a ridiculous price.
You get a whole lot more of no 2 nowadays... :pot:

Agree 100% - On 2 above, a 916 SPS Duc popped up yesterday at the bargain price of 300k  ::)
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Matewis on July 23, 2019, 08:43:21 am
BMW R1150GSA/GS also legend tax.

And we bought a XT600 Tenere yesterday as well for R25000
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Edgar on July 23, 2019, 09:07:33 am
As previously mentioned in this thread, some people advertise a bike with apparent "legend status" or a bike with high "nostalgia value" for astronomical prices. Sometimes you just have to shake your head and smile.

case in point:   https://www.olx.co.za/item/honda-mini-trail-iid-1059899814

This Honda Z50 Mini Trial is not even original, with a Chinese 110cc engine, and a dubious make-over, and the guy is asking R30 000. Now that will never happen.

Sorry if this bike belongs to a fellow dog, but jeez what are you smoking......
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Dwerg on July 23, 2019, 09:40:59 am
As previously mentioned in this thread, some people advertise a bike with apparent "legend status" or a bike with high "nostalgia value" for astronomical prices. Sometimes you just have to shake your head and smile.

case in point:   https://www.olx.co.za/item/honda-mini-trail-iid-1059899814

This Honda Z50 Mini Trial is not even original, with a Chinese 110cc engine, and a dubious make-over, and the guy is asking R30 000. Now that will never happen.

Sorry if this bike belongs to a fellow dog, but jeez what are you smoking......

Yeah I see a few of those knock offs as well and really hope people don't fall for them. I think 30k is realistic for a real Z50. Even saw one advertised on facebook last week for 60k which is a bit much.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Fuzzy Muzzy on July 23, 2019, 10:29:17 am
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.

I doubt this is true at all. The 650R still commands a higher price because they are not easy to come by.. 990's are a dime a dozen and you can pick one up anywhere.

But give the 990 another decade and then lets see the mint ones come out on the market and it will be a different story

I also don't think there are as many guys buying these legend bikes.. there used to be massive hype and legend tax given to the Honda Africa Twin.. after the new one came out that legend tax dropped, now the old Africa Twin is just an old Africa Twin and I think we seeing the same with KTM. Their new models are so good that who wants a 990?
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Edgar on July 23, 2019, 10:36:44 am
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.

I doubt this is true at all. The 650R still commands a higher price because they are not easy to come by.. 990's are a dime a dozen and you can pick one up anywhere.

But give the 990 another decade and then lets see the mint ones come out on the market and it will be a different story

I also don't think there are as many guys buying these legend bikes.. there used to be massive hype and legend tax given to the Honda Africa Twin.. after the new one came out that legend tax dropped, now the old Africa Twin is just an old Africa Twin and I think we seeing the same with KTM. Their new models are so good that who wants a 990?

you are correct, but hell, you are going to get flak for this statement.  :imaposer:

Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Fuzzy Muzzy on July 23, 2019, 03:35:27 pm
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.

I doubt this is true at all. The 650R still commands a higher price because they are not easy to come by.. 990's are a dime a dozen and you can pick one up anywhere.

But give the 990 another decade and then lets see the mint ones come out on the market and it will be a different story

I also don't think there are as many guys buying these legend bikes.. there used to be massive hype and legend tax given to the Honda Africa Twin.. after the new one came out that legend tax dropped, now the old Africa Twin is just an old Africa Twin and I think we seeing the same with KTM. Their new models are so good that who wants a 990?

you are correct, but hell, you are going to get flak for this statement.  :imaposer:

What do I know, I bought a Honda that not only has no legend tax but it has a resale value like a pebble in a pond.  :imaposer:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on July 29, 2019, 08:17:32 am
Saw an ad for a Yamaha TY50 on Gumtree, and it stated "no papers [even more collectable]"

 :eek7: :eek7:

 :imaposer:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Bappas on July 29, 2019, 08:22:34 am
XR650R had big legend tax then people discovered 690's, 500's and other bikes with e-start now I reckon they dropped a bit in value. Flavour of the week is now KTM 990's it seems.

I doubt this is true at all. The 650R still commands a higher price because they are not easy to come by.. 990's are a dime a dozen and you can pick one up anywhere.

But give the 990 another decade and then lets see the mint ones come out on the market and it will be a different story

I also don't think there are as many guys buying these legend bikes.. there used to be massive hype and legend tax given to the Honda Africa Twin.. after the new one came out that legend tax dropped, now the old Africa Twin is just an old Africa Twin and I think we seeing the same with KTM. Their new models are so good that who wants a 990?

All KTM will collect legend tax being as reliable as they are! Very few will remain!
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Cracker on July 29, 2019, 10:03:29 am
If 950s are selling for 40-50k now, how much of that is legend tax? Seems to me that without the legend tax they're not worth anything at all.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: m0lt3n on July 29, 2019, 10:36:14 am
damn, lots of people now just begging to be banned from the forum! Next someone will claim you can ride sand with something bigger than a 500 and it will be the end of Wilddogs forever!
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Welsh on September 19, 2021, 07:54:26 am
This is REAL LEGEND TAX, 1968 Husqvarna 360 Viking, sold by Sotheby's for $204,000.  :biggrin: Owned and ridden by one Mr. Harvey Mushman, Mr. Cool.

 
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: skydiver on September 19, 2021, 08:42:17 am
I wonder if the unique sardine can side stand extender was included in the sale?
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Dux on September 19, 2021, 08:52:47 am
This is REAL LEGEND TAX, 1968 Husqvarna 360 Viking, sold by Sotheby's for $204,000.  :biggrin: Owned and ridden by one Mr. Harvey Mushman, Mr. Cool.

Only ridden on Sundays  :biggrin:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on September 19, 2021, 09:24:50 am
You get bikes with real and deserved "legend" tax, like the Yamaha TZ racebikes, or their RD/RZ series, that influenced a generation of bikers.

You get bikes that already has legend status, like Welsh's post with the Husky 360, and to further enhance that legend tax, ridden by Steve McQueen.

Early edition CB750 SOHC's, Kawa Z1 900, etc has firm legend tax due to their role in establishing the Superbike trend.

Ducati MH900, due to it's "link" to Mike Hailwood, and racing success.

Every single Yamaha DT ever built of course......
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Welsh on September 19, 2021, 09:56:25 am
You get bikes with real and deserved "legend" tax, like the Yamaha TZ racebikes, or their RD/RZ series, that influenced a generation of bikers.

You get bikes that already has legend status, like Welsh's post with the Husky 360, and to further enhance that legend tax, ridden by Steve McQueen.

Early edition CB750 SOHC's, Kawa Z1 900, etc has firm legend tax due to their role in establishing the Superbike trend.

Ducati MH900, due to it's "link" to Mike Hailwood, and racing success.

Every single Yamaha DT ever built of course......
There was a CB750 for sale which had legend tax, it had sand cast casings (pre production) 😎
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Dorsland on September 19, 2021, 10:43:07 am
This is REAL LEGEND TAX, 1968 Husqvarna 360 Viking, sold by Sotheby's for $204,000.  :biggrin: Owned and ridden by one Mr. Harvey Mushman, Mr. Cool.

I like the fact that there are no plastics and other crap to be removed to service the air cleaner.  :biggrin:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Welsh on September 19, 2021, 12:06:46 pm
You get bikes with real and deserved "legend" tax, like the Yamaha TZ racebikes, or their RD/RZ series, that influenced a generation of bikers.

You get bikes that already has legend status, like Welsh's post with the Husky 360, and to further enhance that legend tax, ridden by Steve McQueen.

Early edition CB750 SOHC's, Kawa Z1 900, etc has firm legend tax due to their role in establishing the Superbike trend.

Ducati MH900, due to it's "link" to Mike Hailwood, and racing success.

Every single Yamaha DT ever built of course......

Mr McQueen was a legend, he had a TZ750 (maybe a 700) he was known to have used it to go fetch his mail from the post box on what I guess was a longish driveway.

Back in the day, a few guys had "street legal" TZ's in California, a different world from where we are now.  :sip:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: BuRP on September 19, 2021, 01:41:27 pm
a different better world from where we are now.

Fixed that for ya  :thumleft:
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 73 Peanut on September 19, 2021, 06:37:10 pm
I would say a KTM  950SE  or a Honda XR650R could be classed as legends but if it can be found on Gumtree daily then sorry its Stupid tax which is being paid because you want bigger nuts . :imaposer: :imaposer:  Vintage deserve high prices. 
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on September 19, 2021, 07:01:22 pm
@Welsh  Yes, anyone that owned a TZ750, let alone ride it to fetch his mail, is beyond legend. :ricky:

And the sand-cast crankcase 750SOHC Honda of 1968 is legend itself.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Dux on September 19, 2021, 07:12:18 pm
@Welsh  Yes, anyone that owned a TZ750, let alone ride it to fetch his mail, is beyond legend. :ricky:

And the sand-cast crankcase 750SOHC Honda of 1968 is legend itself.

I think less than 100 sand cast crankcase models were made .
Another Honda with serious legend tax is the RC30 , only a few in SA , but a worldwide legendary bike and one of the best bikes I have had the pleasure of riding .
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on September 19, 2021, 07:18:55 pm
@Welsh  Yes, anyone that owned a TZ750, let alone ride it to fetch his mail, is beyond legend. :ricky:

And the sand-cast crankcase 750SOHC Honda of 1968 is legend itself.

I think less than 100 sand cast crankcase models were made .
Another Honda with serious legend tax is the RC30 , only a few in SA , but a worldwide legendary bike and one of the best bikes I have had the pleasure of riding .


There is a great video of Joey Dunlop beating one of the other greats, Dunlop on the 750 RC30 and the other bloke on a Yam R1.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Sheepman on September 19, 2021, 07:24:41 pm
On road / track bikes, I always loved the 2008 RC8 and 2009 and later RC8R offerings from KTM. Although I rode both versions, I never owned one. They were mostly regarded as " a good first attempt at a superbike  by the Mattighofen guys " but nothing more ! Roll on 13 years from their launch and I am looking to lay my hands on a good unmolested RC8R......and guess what ? Scarce as hens teeth ( understandable ) and they are suddenly regarded as collectors bikes at a cost of at least 150% of the new price at launch   :o What do you guys say.....does this qualify as legend tax or is it a simple case of opportunism to coin a packet ? 
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on September 19, 2021, 07:37:28 pm
On road / track bikes, I always loved the 2008 RC8 and 2009 and later RC8R offerings from KTM. Although I rode both versions, I never owned one. They were mostly regarded as " a good first attempt at a superbike  by the Mattighofen guys " but nothing more ! Roll on 13 years from their launch and I am looking to lay my hands on a good unmolested RC8R......and guess what ? Scarce as hens teeth ( understandable ) and they are suddenly regarded as collectors bikes at a cost of at least 150% of the new price at launch   :o What do you guys say.....does this qualify as legend tax or is it a simple case of opportunism to coin a packet ?


Possibly on scarcity, as they achieved nothing else. Also novel value, a first, and only, attempt from this large and successful company to build a superbike.
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: PapaDragon on September 19, 2021, 07:54:43 pm
Would you rate this as a fair price?

https://www.gumtree.co.za/a-motorcycles-scooters/other/yamaha-dt-175-enduro-1981-model/1009831429240910010370309
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: Dux on September 19, 2021, 08:20:03 pm
On road / track bikes, I always loved the 2008 RC8 and 2009 and later RC8R offerings from KTM. Although I rode both versions, I never owned one. They were mostly regarded as " a good first attempt at a superbike  by the Mattighofen guys " but nothing more ! Roll on 13 years from their launch and I am looking to lay my hands on a good unmolested RC8R......and guess what ? Scarce as hens teeth ( understandable ) and they are suddenly regarded as collectors bikes at a cost of at least 150% of the new price at launch   :o What do you guys say.....does this qualify as legend tax or is it a simple case of opportunism to coin a packet ?

I have ridden both RC8 and RC8R , I rode them at the same time that I rode the Ducati 1098R and I was very impressed with the KTM's , not just because it was their first superbike but also in comparison with other bikes of the time , the R in particular I found to be way better than the standard model , far better than the numbers would have one believe , if you can get an R then go for it .
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: 2StrokeDan on September 19, 2021, 08:51:14 pm
Would you rate this as a fair price?

https://www.gumtree.co.za/a-motorcycles-scooters/other/yamaha-dt-175-enduro-1981-model/1009831429240910010370309


This, while certainly on the high side, is a good example of how these price structures work.

These DT "MX" models, the D,E and F models, are now becoming scarce in good nick, and many of us rode them as younger men, and if you want one now, how much are you willing to pay?
Title: Re: Legend Tax - What, How and by Whom determined ?
Post by: IceCreamMan on September 19, 2021, 09:35:04 pm
https://www.ebay.co.uk/itm/1973-yamaha-Fs1e-50-Fizzy-Pedal-UK-bike-Resto-Project-spares-or-repair-BARN-FIND-/154611115024?mkcid=16&mkevt=1&_trksid=p2349624.m46890.l6249&mkrid=710-127635-2958-0

Here’s an example. Makes no sense.

Good nick ones go for 10 grand an more.