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A 1903 Harley is worth how much? Hagerty adds bikes to price guide
Fri, Oct 16 2015Whenever the big auctions begin in places like Monterey, it's hardly a surprise to hear about classic Ferraris or other exotics crossing the block for a few million dollars. But, the record sale price last year for the "Captain America" bike from Easy Rider is just a small sign that there's a growing market to own a piece of motorcycle history, as well. To answer this demand, vehicle insurance and valuation company Hagerty is now including vintage bikes in its price guide. The most expensive cycle there is a 1903 Harley-Davidson Single with a value pegged at an eye-watering $15 million for an example in No. 1 condition. You don't need to be a multi-millionaire to buy a vintage bike, though. If there's an old cycle you're eyeing or there's one already in the garage, you can check what Hagerty thinks it's worth on the company's website, now. The database includes 61 motorcycle makers and 9,200 models from 1894-1996. The pages also have a ton of useful details, including a price history for four conditions. According to Hagerty, the market for classic bikes is up over 50 percent since 2010, and more of them are showing up at auction, as well. The vintage cycles with the biggest demand are Harley-Davidson FLHs from the '60s and '70s. Hagerty Launches Motorcycle Valuation Tools Motorcycle Market Demand Drives Creation of Database Covering Everything from $15 Million Harley-Davidsons to $1,500 Yamahas TRAVERSE CITY, MICHIGAN (October 14, 2015) —Hagerty, the world leader in collector vehicle insurance and valuation tools, is pleased to announce the Hagerty Price Guide now includes motorcycles. The motorcycle guide, published on the Hagerty Valuations Tools website, includes 61 makes, 9,200 individual motorcycles built from 1894 -1996, and pricing for four conditions. Like its vehicle car and truck valuation guides, Hagerty's comprehensive motorcycle guide features model histories, images, current and historic pricing, and recent auction sales. "Motorcycles are one of the fastest growing segments in the collectible vehicle market," said McKeel Hagerty, CEO of Hagerty. "The recent interest is inspiring enthusiasts to pull their bikes out of long-term storage to enjoy again and share with the next generation.
BMW has a rough 100th birthday as share prices slide
Thu, Mar 10 2016BMW is 100 years old now, but falling stock prices are giving the German automaker the birthday blues. Investors are worried about the company's future outlook against luxury rivals, and the shareholders aren't happy about the recent dividend payments, either. According to The Wall Street Journal, BMW's shares dropped almost 2 percent on March 9. Investors have concerns that rivals are closing in. While BMW is in first place, it's not a commanding lead. For example, the German was first in the US luxury market last year with 346,023 deliveries. However, a Polk study found that Lexus actually earned the high-end crown in the US after looking at vehicle registrations rather than sales. BMW performed well last year, including delivering a strong 2.25 million vehicles. Net profits also jumped 10 percent to $7.05 billion, and revenue grew 15 percent, according to the WSJ. However, the shareholders wanted larger dividends after the successful year. The automaker paid out based on a percentage of earnings, but the investors expected more. BMW CEO Harald Kruger has an opportunity to get stockholders back on his side next week when he announces the automaker's new strategy. Expect technology to play a major role in that discussion, including electric vehicles and digital services. We might even see the i5 debut there, according to the WSJ. To be the automotive tech leader of the future, BMW plans to make computer programmers half of its research and development staff. The goal is to develop the most intelligent car on the road. Related Video:
BMW C 650 scooters refreshed with Side View Assist
Tue, Sep 22 2015Beyond just building a full lineup of automobiles and a plethora of motorcycles, BMW is a player in the scooter market, too. As part of a refresh to the company's C650 GT and Sport models, the GT is now available with an optional Side View Assist blind-spot monitoring system. This marks a first for the two-wheeled segment. As the demonstration video above shows, Side View Assist is quite similar to what's found in many modern automobiles. The tech uses sensors positioned at each corner to monitor over 16 feet around the scooter. If the system detects a vehicle hanging out in the blind spot, then the rider sees a triangle as warning on the mirror stalk. Both the C650 GT and Sport fall into the niche known as maxi-scooters that offer much of the capability of a more traditional motorcycle. They're quicker than the little models you might see puttering around city streets, but maintain the foot-forward riding position of that classic design. For this refresh, the BMWs get an updated CVT with a revised ratio spread, and the 647cc inline two-cylinder engine is offered in 59- and 47-horsepower forms. Both scooters are quite rider-friendly, too. With this new update, stability control joins anti-lock brakes on the list of standard safety features. There's an automatic daytime riding light, and suspension setup is tweaked for a more comfortable ride. BMW leaves absolutely no detail unexplored in the company's announcement, below. 1. The new BMW C 650 Sport. The new BMW C 650 GT. (Short version) With the new BMW C 650 Sport and C 650 GT, BMW Motorrad continues its series of premium vehicles in the maxi scooter segment. Perfect for the city and urban environment, they combine practicality and cost-efficiency with maximum riding fun and touring comfort. In addition to this, they also provide enjoyment for riders with sporty ambitions on winding country roads as well as riding fun on lengthier tours, too. The new C 650 Sport and C 650 GT – dynamic maxi scooters for sports, touring and urban cruising. The differing conceptual emphasis of each of the two BMW maxi scooters enables a broader target group to be addressed than previously: the C 650 Sport is geared towards riders with a sporty bent while the C 650 GT sets its sights on those who attach greater importance to comfort and touring capability. The new C 650 Sport and the new C 650 GT now go further towards addressing these aspirations.
