GB500tt going for £9200 at Bonhams auction last Sunday..... I think the biggest winner there must be Bonhams themselves. The "hammer price" must have been about £8375. Bonhams usually charge £30 plus vat, to include a single picture in their glossy auction brochure, and they also get a 10% commission from the seller, AND, the buyer. This means they have made over £1700 on this lot, with the chancellor getting about £340 in vat. If the buyer wants to put the bike on the road, DVLA would want a chunk of vat, because I understand that with the bike being zero miles.... it is regarded as "brand new". So the seller has made a whisker short of £7500 on a £3000 bike over an investment period of 23 years..... What would all of you lot rather have done....? Lock it away to apreciate in value, or do as nature intended....? and enjoy the ride.....
