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Showing posts from February, 2018

A tale of two XTs

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Over the years I have almost always had more than one motorcycle at a time, but never really had a collection.  Collecting stuff has a lot in common with activities like recreational drug use or gambling, it can be fun, but watch you don't get hooked.  In my case the wake up call arrives when I can't get into the garage anymore, and then it's 'everything must go!' until the garage is empty.  After which, like coat hangers in a closet, a bike creeps into a corner, and another and another. The collecting bug does not discriminate, people collect all kinds of shit, from buttons to military tanks. I never saw my random moto acquisition binges as an investment, I was mostly sucked into buying old bangers through the motorcycle price-age curve, a tool used by economists to study the demand for rusty old crap. As you can see in the graph below, the actual selling price of a motorcycle descends very swiftly the moment it leaves the showroom, mostly because the dealer...