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Author Topic: Legend Tax - What, How and by Whom determined ?  (Read 3469 times)

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Offline Fuzzy Muzzy

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #40 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?
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Offline Edgar

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #41 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:

« Last Edit: July 23, 2019, 10:39:19 am by Edgar »
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Offline Fuzzy Muzzy

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #42 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:
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Offline 2StrokeDan

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #43 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:

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Offline Bappas

Re: Legend Tax - What, How and by Whom determined ?
« Reply #44 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!
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Offline Cracker

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #45 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.
« Last Edit: July 29, 2019, 01:33:31 pm by Cracker »
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Offline m0lt3n

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #46 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!
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Offline Welsh

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #47 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.

 
« Last Edit: September 19, 2021, 07:56:33 am by Welsh »
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Re: Legend Tax - What, How and by Whom determined ?
« Reply #48 on: September 19, 2021, 08:42:17 am »
I wonder if the unique sardine can side stand extender was included in the sale?
 

Offline Dux

Re: Legend Tax - What, How and by Whom determined ?
« Reply #49 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:
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Offline 2StrokeDan

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #50 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......
 

Offline Welsh

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #51 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) 😎
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Offline Dorsland

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #52 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:
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Offline Welsh

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #53 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:
« Last Edit: September 19, 2021, 12:07:15 pm by Welsh »
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Offline BuRP

Re: Legend Tax - What, How and by Whom determined ?
« Reply #54 on: September 19, 2021, 01:41:27 pm »
a different better world from where we are now.

Fixed that for ya  :thumleft:
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Offline 73 Peanut

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #55 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. 
 

Offline 2StrokeDan

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #56 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.
 

Offline Dux

Re: Legend Tax - What, How and by Whom determined ?
« Reply #57 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 .
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Offline 2StrokeDan

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Re: Legend Tax - What, How and by Whom determined ?
« Reply #58 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.
 

Offline Sheepman

Re: Legend Tax - What, How and by Whom determined ?
« Reply #59 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 ?