1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

When is it time to cut your losses?

Discussion in 'The Pub' started by Tim_, Aug 17, 2014.

  1. Tim_

    Tim_ resident nutcase Premium Member Dirty Wheel Club Contributing Member

    Messages:
    1,337
    Likes Received:
    661
    Trophy Points:
    543
    Joined:
    Jan 8, 2014
    Gender:
    Male
    Location:
    In your bike shed
    My Bike:
    Modified 1990 Honda MC22 CBR 250RR
    Ok.. So have been thinking about this a lot recently in regards to my bike.... Now I understand that these a 20+ year old bikes.. And you will never recover any of the money you put into the bike(unless your name is Chris aka kiffsta).... So my question is..... Is there a time to say "Ok, I can not justify any more money on this" and move on.. or do you keep at it and keep putting more time and money into it.. even if you could have moved on and brought some with less hassles?

    I do understand that it comes down to how passionate you are about bikes.... This is more just a "whats your opinion" thing..
     
  2. Th3_Huntsman

    Th3_Huntsman Senior Member Premium Member Contributing Member

    Messages:
    2,428
    Likes Received:
    1,172
    Trophy Points:
    823
    Joined:
    Jul 1, 2013
    Gender:
    Male
    Occupation:
    Dispatch Manager
    Location:
    Beenleigh
    My Bike:
    NONE
    Well in the case of yours I reckon 90% of the money is spent it is just timeleft know.
     
  3. Th3_Huntsman

    Th3_Huntsman Senior Member Premium Member Contributing Member

    Messages:
    2,428
    Likes Received:
    1,172
    Trophy Points:
    823
    Joined:
    Jul 1, 2013
    Gender:
    Male
    Occupation:
    Dispatch Manager
    Location:
    Beenleigh
    My Bike:
    NONE
    Also these zxr's are very fuel moody. Your nearly there!
     
  4. Tim_

    Tim_ resident nutcase Premium Member Dirty Wheel Club Contributing Member

    Messages:
    1,337
    Likes Received:
    661
    Trophy Points:
    543
    Joined:
    Jan 8, 2014
    Gender:
    Male
    Location:
    In your bike shed
    My Bike:
    Modified 1990 Honda MC22 CBR 250RR
    There is still A LOT more money to be spent on mine... But in this case I'm talking about in general... your personal opinion..
     
  5. Th3_Huntsman

    Th3_Huntsman Senior Member Premium Member Contributing Member

    Messages:
    2,428
    Likes Received:
    1,172
    Trophy Points:
    823
    Joined:
    Jul 1, 2013
    Gender:
    Male
    Occupation:
    Dispatch Manager
    Location:
    Beenleigh
    My Bike:
    NONE
    I don't really have one, other then if it's a bike you really want who cares if you lose out when you pass it on as the enjoyment of riding something YOU have saved from being parted is worth a lot more then cash!
     
  6. Mclaren

    Mclaren Well-Known Member Contributing Member

    Messages:
    1,974
    Likes Received:
    939
    Trophy Points:
    698
    Joined:
    Jul 31, 2013
    Gender:
    Male
    Location:
    Brisbane
    My Bike:
    cbr250rr
    My advice is gut I payed nearly 2500 for my fizzer got it mechanically a1 and cost well over a grand and now trying to sell it for 2300 I love the fizzer doesn't miss a beat and wish I could keep it but want to go racing instead but I don't regret the money spent as I have had it apart learnt a lot and enjoyed it my mates would of spent more at the clubs then I have on the fzr in last year and now I can pass on to someone knowing it will keep going so if u don't intend on keeping u have to way it up mate
     
  7. Tim_

    Tim_ resident nutcase Premium Member Dirty Wheel Club Contributing Member

    Messages:
    1,337
    Likes Received:
    661
    Trophy Points:
    543
    Joined:
    Jan 8, 2014
    Gender:
    Male
    Location:
    In your bike shed
    My Bike:
    Modified 1990 Honda MC22 CBR 250RR
    with my failed cibby then the ZXR to replace the cibby.. And the endless about of things I have found.. I am into this for close to 4k... And when you see bikes in a lot better condition I.E yours selling for 2,3 I have been to question weather to keep spend the money on this or peronalise a bike thats is road ready...
     
  8. Mclaren

    Mclaren Well-Known Member Contributing Member

    Messages:
    1,974
    Likes Received:
    939
    Trophy Points:
    698
    Joined:
    Jul 31, 2013
    Gender:
    Male
    Location:
    Brisbane
    My Bike:
    cbr250rr
    Yer I now what u mean u could do that and part out ur other bikes take time but would get bit back from them
     
  9. kiffsta

    kiffsta Administrator Staff Member Dirty Wheel Club Contributing Member

    Messages:
    8,115
    Likes Received:
    5,940
    Trophy Points:
    1,168
    Joined:
    Aug 7, 2010
    Gender:
    Male
    Location:
    Brisbane
    Home Page:
    My Bike:
    90 CBR250RR ,Suzuki T500, 2005 GSF1200 Bandit and a 1972 t250j
    Ha Ha, me make money from them, that's sort of true in so far as I always took a risk on buying non runners, I always bought 2,3,4 sometimes 5 of them and would often make 1 from 2, or 2 from 3 etc , I then take the best parts to make a full one, then the 2nd best bits to make a second one, the rest is sold. Parting them is the only way I can make some cash back and continue to do what I love, but in saying that I think I save more than I strip.

    My advice to you is don't get disheartened as its a journey , I'm by no means a mechanic and I have no issues in paying a mechanic to do stuff beyond my ability, this was a lesson learnt later in life, and I had a few ZXR's that were low on compression, I just assumed engines were worn out, rather than checking valve clearances etc I just stripped them.

    I have a compression tool you can borrow if you want to check your cylinders, if they are low, then it could be a head gasket, could be valves, valve stem seals etc who knows, but once its done and done correctly, you know that it will be sweet.

    I'm going through a phase at the moment that its no longer fun to do what I was doing, I found even going to the post office to send some parts a stress, hence why I'm thinning the heard and trying to buy something modern just to ride. I'm sure I will get back into it, but I need a break.

    If your enthusiasm is waning, then maybe its time to put a sheet over it and get your R6 back on the road, then come back to it in a few months with fresh enthusiasm.
     
    • Like Like x 5
  10. Revolver

    Revolver Big Member

    Messages:
    559
    Likes Received:
    359
    Trophy Points:
    373
    Joined:
    Aug 30, 2013
    Gender:
    Male
    Location:
    Dipswich, QLD
    My Bike:
    "Cherry" the 3ln3 FZR250
    Depends on how long you intend to keep it. The longer the ownership, the more valuable an more return on your "investment".

    While circumstances change (Macca and Kiffsta) if you intend to keep the bike for a long period, it is worth it. If not, it's not.

    While I agree that buying one that is immaculate (Maccas) I don't think it's worth it. I have my fizzer, and if I had money to burn id buy and road his, track mine. However, a month or 6 later I may just have the same issues I do now. 6 one way, a half dozen the other. At least when you keep at it, you'll have a ripper problem free bike in the end. Utter frustration until then.....

    But that's a little off topic.

    The REASON I went another FZR after I bought my old one (read my build thread, first post) http://2fiftycc.com/index.php?threads/my-1990-tech-21-fizzer.1544/ is the fact that I would cost more to rebuild my old one. Not just in money but:

    Time. We easily dispose of it. How much is it worth to you?
     
    • Like Like x 1
    Last edited: Aug 17, 2014
  11. Mclaren

    Mclaren Well-Known Member Contributing Member

    Messages:
    1,974
    Likes Received:
    939
    Trophy Points:
    698
    Joined:
    Jul 31, 2013
    Gender:
    Male
    Location:
    Brisbane
    My Bike:
    cbr250rr
    @Revolver and @kiffsta spot on we all can give u r opinion but they all vary and my situation is different to chris as to you but at the end don't let frustration make they choice take a couple of days or weeks and come back and think do I wanna project or do I wanna just ride me personally I like both this is y I think I will like racing have time in between to tinker and get my kicks on track every now then rather than on the road (have had a few nasty accidents) and over other ppl on them
     
  12. Tim_

    Tim_ resident nutcase Premium Member Dirty Wheel Club Contributing Member

    Messages:
    1,337
    Likes Received:
    661
    Trophy Points:
    543
    Joined:
    Jan 8, 2014
    Gender:
    Male
    Location:
    In your bike shed
    My Bike:
    Modified 1990 Honda MC22 CBR 250RR
    Cheers chris. I may test both engines. And see if the other engine is worth keeping.

    Just sick of hitting brick walls every time I touch the bike. Never had this many issues with my cibby nor with my R6. I leave it alone for weeks at a time spend money and put new parts on it and still nothing. And because I have nothing to ride at the moment got nothing to relax me when the frustration gets to me.
     
  13. kiffsta

    kiffsta Administrator Staff Member Dirty Wheel Club Contributing Member

    Messages:
    8,115
    Likes Received:
    5,940
    Trophy Points:
    1,168
    Joined:
    Aug 7, 2010
    Gender:
    Male
    Location:
    Brisbane
    Home Page:
    My Bike:
    90 CBR250RR ,Suzuki T500, 2005 GSF1200 Bandit and a 1972 t250j
  14. Mclaren

    Mclaren Well-Known Member Contributing Member

    Messages:
    1,974
    Likes Received:
    939
    Trophy Points:
    698
    Joined:
    Jul 31, 2013
    Gender:
    Male
    Location:
    Brisbane
    My Bike:
    cbr250rr
    Little disappointed fzr250 not mentioned lol
     
  15. kiffsta

    kiffsta Administrator Staff Member Dirty Wheel Club Contributing Member

    Messages:
    8,115
    Likes Received:
    5,940
    Trophy Points:
    1,168
    Joined:
    Aug 7, 2010
    Gender:
    Male
    Location:
    Brisbane
    Home Page:
    My Bike:
    90 CBR250RR ,Suzuki T500, 2005 GSF1200 Bandit and a 1972 t250j
    Mate, the last 2 I stripped didn't sell that well, in saying that, would you take $400 for yours ?:thumb_ups:
     
  16. Revolver

    Revolver Big Member

    Messages:
    559
    Likes Received:
    359
    Trophy Points:
    373
    Joined:
    Aug 30, 2013
    Gender:
    Male
    Location:
    Dipswich, QLD
    My Bike:
    "Cherry" the 3ln3 FZR250
    Actually I think your glad. Unless your selling yours for $500? I so I call it I'll be there Thursday.

    MINE! Hands off!

    Edit: SH*THOUSE phone didn't post before kiffsta...... Damn this phone.
     
  17. Mclaren

    Mclaren Well-Known Member Contributing Member

    Messages:
    1,974
    Likes Received:
    939
    Trophy Points:
    698
    Joined:
    Jul 31, 2013
    Gender:
    Male
    Location:
    Brisbane
    My Bike:
    cbr250rr
    Haha I rather set fire to it and sacrifice it to the bike gods lol I now what u mean thou like a collectors piece lol

    Haha @Revolver would let go that cheap lol

    Just remember thou if u do continue and restore it back these things are rippers and they won't make them like this again and people will be in ore of them later
     
    • Like Like x 3
  18. Murdo

    Murdo The Good Doctor Staff Member Premium Member Ride and Events Crew Contributing Member

    Messages:
    5,111
    Likes Received:
    4,016
    Trophy Points:
    1,148
    Joined:
    May 4, 2013
    Gender:
    Male
    Occupation:
    Retired
    Location:
    Tamworth, NSW
    My Bike:
    Maico 250, Royal Enfield 250, CF 250 V5 and 650TK, XL250, CBR250, ZZR250 plus a few others.
    Sounds like your at a crossroads in life. As said, take some time to do something else for a while and come back and have a think about what you wish to do.
    I have sold bikes (and cars) that have just been frustration and heart ache, and so far have not regrated it. Then bought good ones that are in top condition and only need servicing and riding, but had nothing to tinker with, so back to buying 'dungers' to fix up and play with. Six of one, half a dozen of the other.
     
  19. lupin

    lupin Active Member Premium Member

    Messages:
    51
    Likes Received:
    63
    Trophy Points:
    188
    Joined:
    Jun 8, 2014
    Gender:
    Male
    Location:
    Victoria
    My Bike:
    1990 GSF250
    After working on mine on the weekend I was starting to wonder if I should cut my losses and move on. It was also made worse by finding something better for not too much money.

    Then I added up what this bike owes me and remembered its fark all in the grand scheme of things, and it would be nice to finish what I started.
     
    • Like Like x 2
  20. Wade Wilson

    Wade Wilson Beaяs Premium Member

    Messages:
    178
    Likes Received:
    83
    Trophy Points:
    253
    Joined:
    Jan 16, 2014
    Gender:
    Male
    Occupation:
    Security.
    Location:
    Dapto, New South Wales
    My Bike:
    94 ZXR250C, 02 Triumph TT600, 06 Daytona 675.
    I don't think I could ever get rid of mine.

    Started off as an $800 bike and now owes me well over 2 grand and I still have to possibly get a new gearbox, clutch, cam chain, And fairings just to bring it back up to scratch.

    I think a normal person would scrap it (that's what the previous owner was going to do)

    I don't regret it one bit, I think I'm a little emotionally attached.
     
    • Like Like x 3

Share This Page