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. From a collecting standpoint, motorcycles are very approachable because many can be purchased for less than $10,000, and they take up very little space in your garage.”
The number of motorcycles offered at collector vehicle auctions has nearly doubled compared to last year, and demand for vintage motorcycles is up more than 50 percent from 2010. While bikes from the 1920s have increased dramatically in value over the past five years, bikes from the 1970s and 1980s remain relatively flat in their average quoted values during the past five years.
Demand in the market has increased the most for Harley-Davidson, Honda, BMW, Triumph and Yamaha, with the most popular collector motorcycle models being 1960s and ’70s Harley-Davidson FLHs. The most valuable motorcycle in the price guide is the 1903 Harley-Davidson Single with a #1 condition value of $15 million. The most expensive motorcycle ever sold at auction is the “Captain America” Harley-Davidson Panhead from Easy Rider, which sold for $1.62 million in October 2014 (by Profiles in History Auctions).