01-04-2021, 01:06 PM
I'm guessing that a few of you have grown tired of my frequent mentions of the Honda S2000 that I purchased back in 2017. My apologies for bringing it up as often as I have, especially as this is a motorcycle forum and I've been pretty clear about keeping the conversation rooted in motorcycles in general and the CB1100 specifically.
But in this case, the S2000 has actually led me back full-circle to a motorcycle-specific topic. You see, I've kept the S2000 insured with Hagerty beginning not too long after buying the car (initially I was using State Farm as they insure pretty much everything else my wife and I own). But Hagerty is much more focused in their approach and when I learned that they would cover the S2000 I jumped ship. I've kept a pretty close eye on the market since buying the S2000 as it has appreciated at an unbelievable rate since 2017. At the rate things have been going, by this summer it will likely be worth at least double the price paid for it just four summers ago. Honestly, this doesn't make sense to me, despite the fact that I'm a huge fan of the car. While I don't understand the world of car/motorcycle collecting, I do like to keep the guaranteed value of the car set accordingly with Hagerty based on the market value. As a result I'll be raising the value placed on my own car once again soon enough.
When I signed up with Hagerty, I elected to join what they call their "Drivers Club" which among other things means that I receive their bimonthly Hagerty Drives Club publication. It's actually an incredibly well put together magazine, better than most anything that I might find on the newsstand today (on those rare occasioins when I still visit the rare newsstand). At any rate, every year Hagerty produces a "Bull List", which is a cross-section of vehicles that Hagerty elects to highlight as those that they feel will do well from a collector's standpoint based on market values. This year's list featured not just one, but two Honda's. In addition to the S800 (a predecessor to the S2000 I own), Hagerty also included the CB750 (a predecessor to the CB1100 I and so many of you own). In this case Hagerty focused specifically on the Sandcast models and featured a beautiful Candy Blue Green example that had been restored from bike that had been found in pieces. Definitely a beautiful machine. Despite the fact that I've always liked the CB750's paint schemes better, I've always found the Kawasaki Z1 to be a bit sexier to my eye, yet I don't view the Z1 (or any other bike released within my lifetime for that matter) to be as monumental as the CB750.
Being a Honda fan (of both the two and four wheeled varieties) for practically my entire life, it was really cool to see Honda as a brand being recognized to this degree by Hagerty this year. You can definitely see this opinion reflected in the marketplace as well, from the S2000 to the older Civic Si's and CRX's (along with the Acura Integra Type R's and NSX's) to any number of different two-wheeled models including a number of CB's. While prices for our CB1100's sit at insanely low levels, I don't expect that to always be the case. However, just as with the S2000, my purchase of the CB1100 had nothing to do with values and how much money I might stand to gain or lose over the course of time. I simply wanted to experience these vehicles for myself. As much as I marvel at the market for the Sandcast CB750's, I'm remain plenty happy with my CB1100 and have no desire to swap it out for another bike. It's good to be a happy owner, whatever it is that you choose to ride or drive.
But in this case, the S2000 has actually led me back full-circle to a motorcycle-specific topic. You see, I've kept the S2000 insured with Hagerty beginning not too long after buying the car (initially I was using State Farm as they insure pretty much everything else my wife and I own). But Hagerty is much more focused in their approach and when I learned that they would cover the S2000 I jumped ship. I've kept a pretty close eye on the market since buying the S2000 as it has appreciated at an unbelievable rate since 2017. At the rate things have been going, by this summer it will likely be worth at least double the price paid for it just four summers ago. Honestly, this doesn't make sense to me, despite the fact that I'm a huge fan of the car. While I don't understand the world of car/motorcycle collecting, I do like to keep the guaranteed value of the car set accordingly with Hagerty based on the market value. As a result I'll be raising the value placed on my own car once again soon enough.
When I signed up with Hagerty, I elected to join what they call their "Drivers Club" which among other things means that I receive their bimonthly Hagerty Drives Club publication. It's actually an incredibly well put together magazine, better than most anything that I might find on the newsstand today (on those rare occasioins when I still visit the rare newsstand). At any rate, every year Hagerty produces a "Bull List", which is a cross-section of vehicles that Hagerty elects to highlight as those that they feel will do well from a collector's standpoint based on market values. This year's list featured not just one, but two Honda's. In addition to the S800 (a predecessor to the S2000 I own), Hagerty also included the CB750 (a predecessor to the CB1100 I and so many of you own). In this case Hagerty focused specifically on the Sandcast models and featured a beautiful Candy Blue Green example that had been restored from bike that had been found in pieces. Definitely a beautiful machine. Despite the fact that I've always liked the CB750's paint schemes better, I've always found the Kawasaki Z1 to be a bit sexier to my eye, yet I don't view the Z1 (or any other bike released within my lifetime for that matter) to be as monumental as the CB750.
Being a Honda fan (of both the two and four wheeled varieties) for practically my entire life, it was really cool to see Honda as a brand being recognized to this degree by Hagerty this year. You can definitely see this opinion reflected in the marketplace as well, from the S2000 to the older Civic Si's and CRX's (along with the Acura Integra Type R's and NSX's) to any number of different two-wheeled models including a number of CB's. While prices for our CB1100's sit at insanely low levels, I don't expect that to always be the case. However, just as with the S2000, my purchase of the CB1100 had nothing to do with values and how much money I might stand to gain or lose over the course of time. I simply wanted to experience these vehicles for myself. As much as I marvel at the market for the Sandcast CB750's, I'm remain plenty happy with my CB1100 and have no desire to swap it out for another bike. It's good to be a happy owner, whatever it is that you choose to ride or drive.