Well… almost always. And of course we have to take into account that the world has gone mad. Yet. When I saw the advertisement about the - of course again - Moto Guzzi V7 found in a shed, I immediately fell in love. From experience, however, I immediately put him in oblivion. In the meantime he will no doubt have been sold or adopted.
Even a major service can be too expensive
I heard the valid explanation for this very clearly in the past when I asked at TLM in Nijmegen why they demolished all those bikes, which were all better and more beautiful than my then daily driver (also a classic by the way). “Do you know what it costs to prepare such a machine for sale? And then we also have to earn a little bit of it.
Saved from demolition
And then there was talk of a major overhaul and some minor repairs. Later on I was allowed to buy such a demolition machine under the strictest agreements. My 'workshop hours' cost nothing. And after two days I had a bike with which I could drive miles with no problems for years to come.
But barn finds, however heart-conquering they may be, usually take more than two days to get rid of overdue maintenance. This means that the 'market value' if you have the work officially performed is already exceeded. Ideally, these types of bikes need a major overhaul, including new tires, and a brake overhaul, including new brake hoses. Plus of course a fresh battery and probably a new sprocket / chain set. Chrome has often gone so far that brushing can no longer get the pits out. Scoring or chroming new parts? That's expensive! And paint can have patina or just become too sad.
There is a serious chance that the tank is rusted through and leaving 40+ years of wiring is asking for trouble. In some of the cases, the parts supply can be an additional problem. For Haley and English brands, reference parts are often sub-modal in quality. And put the case neatly in the or a new lacquer coat? This can be achieved with three hundred euros and a handy sprayer without a receipt. But for craftsmanship 1000 euros comes first, or 1700 euros.
Spreading the costs helps
To reduce the pain, you can of course organize your purchasing policy in such a way that you only work with used stuff and take the time for it. But never buy only 1 part of 'a set'. It is a law that after purchasing 1 nice right exhaust…. Only other nice right exhausts can be found. By the way, that must be a good concept for conspiracy thinkers.
If you start with pleasure and patience, you can be completely happy and satisfied at the end of the ride. If you don't mind that your pride has cost a lot more than it ever will. Or as a trader once described it: “Your restoration is my profit”.
Of course, that doesn't matter if you take the time and realize that you are having a good time. Moreover, doing something like this is usually after some time a good reason for friends and acquaintances to come and visit. So it also does a good job for your social life.
If, by the way, you want to 'earn' something from a restoration - without actually counting your hours - there is only 1 option: Choose a complete, sought-after classic as a starting point. Then go for an absolutely 100% guaranteed new condition. And have patience. Because then a BMW R68, of which about three thousand are made, can just bring 40D + euros. Not directly. And certainly not in the Netherlands… But still.
We would like to get in touch with the new owner
After the restoration, the costs of the collection will be settled, yes
An R69S can be 'worthwhile'