1299 Supeleggera

Author
Discussion

Lambo FirstBlood

Original Poster:

979 posts

185 months

Sunday 14th May 2023
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Evening all,

I’ve been offered a high mileage (13500 miles) 1299 SL and have been to see it (not ridden yet).

It’s not officially on the market. There are a few on the market between £57K and 60K but they are all museum pieces with zero mileage on.

Be interested to hear the general opinion on what sort of price you guys would expect to pay for a well ridden example like this.

Also anyone that’s got any experience of owning or riding one, would love to hear from you.

It’s definitely too much bike for me but I like the rarity, the looks, the engineering and its piqued my interest.

I’d be looking to do 500 - 1000 miles per year on it. Wouldn’t be buying for investment per se but it would be nice if it holds its money.


dibblecorse

6,941 posts

198 months

Sunday 14th May 2023
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Buy it if you intend using it, I've ridden one a few times on track, on road you'll not really feel a difference between it and a 1299S, in another few years there will be fewer buyers the higher the mileage as has been proven by all the recent R sales, the older they get the fewer are bought to use so if its a long termed to use and you're happy to lose money on it, get it bought.

Lambo FirstBlood

Original Poster:

979 posts

185 months

Sunday 14th May 2023
quotequote all
dibblecorse said:
Buy it if you intend using it, I've ridden one a few times on track, on road you'll not really feel a difference between it and a 1299S, in another few years there will be fewer buyers the higher the mileage as has been proven by all the recent R sales, the older they get the fewer are bought to use so if its a long termed to use and you're happy to lose money on it, get it bought.
Interesting - so you think the delivery mileage unridden bikes will continue to hold their value or increase but bikes with proper miles on will continue to decrease?

Out of interest, what would you say is a fair price for a bike with 13,500 miles on?

dibblecorse

6,941 posts

198 months

Sunday 14th May 2023
quotequote all
Lambo FirstBlood said:
Interesting - so you think the delivery mileage unridden bikes will continue to hold their value or increase but bikes with proper miles on will continue to decrease?

Out of interest, what would you say is a fair price for a bike with 13,500 miles on?
Your first point, yes, servicing intervals and costs are also higher on the SL, similar to the V4R

Personally for me, I wouldn't buy it as in 10k miles time you'll need to give it away as no one will be buying it to ride, especially as the game will have moved on again.

Look how few 1199R's are selling as everyone is jumping on gen one V4Rs

If I had to buy it, similar to a sub 3k V4R, about 33k, but I'd probably just do 40k on the new V4R.

Lambo FirstBlood

Original Poster:

979 posts

185 months

Sunday 14th May 2023
quotequote all
dibblecorse said:
Your first point, yes, servicing intervals and costs are also higher on the SL, similar to the V4R

Personally for me, I wouldn't buy it as in 10k miles time you'll need to give it away as no one will be buying it to ride, especially as the game will have moved on again.

Look how few 1199R's are selling as everyone is jumping on gen one V4Rs

If I had to buy it, similar to a sub 3k V4R, about 33k, but I'd probably just do 40k on the new V4R.
Interesting point - I hadn’t really considered that the market for a 25000 mile 10 year old bike might be even smaller than the current market for any bike with any meaningful mileage.

It does seem more than a little sad that they never get ridden. Whether I do buy it or not, I’m pleased that at least one owner has done 13,500 miles on his 75 grand bike!

I don’t think he’d let it go for as low as £33K. Think it would have to start with a 4.

The new V4R looks fantastic and is likely to be a direct comparison price wise to the 1299SL I’m looking at.

I’m sure the newer bike is subjectively “better” but I am drawn to the rarity of the SL along with the light weight and the carbon frame.

I hadn’t seen the new V4R in the flesh but the SL does look fantastic with the race pipes.

dibblecorse

6,941 posts

198 months

Sunday 14th May 2023
quotequote all
Lambo FirstBlood said:
dibblecorse said:
Your first point, yes, servicing intervals and costs are also higher on the SL, similar to the V4R

Personally for me, I wouldn't buy it as in 10k miles time you'll need to give it away as no one will be buying it to ride, especially as the game will have moved on again.

Look how few 1199R's are selling as everyone is jumping on gen one V4Rs

If I had to buy it, similar to a sub 3k V4R, about 33k, but I'd probably just do 40k on the new V4R.
Interesting point - I hadn’t really considered that the market for a 25000 mile 10 year old bike might be even smaller than the current market for any bike with any meaningful mileage.

It does seem more than a little sad that they never get ridden. Whether I do buy it or not, I’m pleased that at least one owner has done 13,500 miles on his 75 grand bike!

I don’t think he’d let it go for as low as £33K. Think it would have to start with a 4.

The new V4R looks fantastic and is likely to be a direct comparison price wise to the 1299SL I’m looking at.

I’m sure the newer bike is subjectively “better” but I am drawn to the rarity of the SL along with the light weight and the carbon frame.

I hadn’t seen the new V4R in the flesh but the SL does look fantastic with the race pipes.
Don't get me wrong, they are stunning, my mate has one as his track bike, its a weapon if you can ride it.

Thinking about it, I'd buy a Desmo if I wanted something to stare at and ride occasionally

Lambo FirstBlood

Original Poster:

979 posts

185 months

Monday 15th May 2023
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Actually saw a Desmo yesterday. First one I’ve seen in the wild actually being ridden. There were lots of bikes parked up so couldn’t work out who the owner was and didn’t get to talk to him but did take a pic.




Freakuk

3,383 posts

157 months

Monday 15th May 2023
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Dibble has kind of summed this up for me, if you're looking at something as exotic as a 1299SL you need a low mileage one which will retain value over time. Most will have been bought as an investment and will be sat there gathering dust for a couple of decades before being sold for a profit. Leggy ones will only go one way.

Anything like an SL or R models will be generally pigs to ride on the road, they'll be too stiff generally and peaky power, my 1299S is too stiff for the road, but makes total sense on a race track. If you're looking at just road use you'll probably need to get the suspension reworked.

Also, insurance will be something to consider, you're buying a very expensive bike so expect insurance to be through the roof. For example I had a 1299S and a Desmo on the same policy (Ducati insurance) I was paying around 1800 per year full protected NCB. The Desmo doesn't get used now and is on a specialist policy and the bike is classed as auto memorabilia and costs around £300 per year, 1299S around £200 on the road.

ChocolateFrog

27,732 posts

179 months

Monday 15th May 2023
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Does beg the question as to the value.

Just do what the majority of Ferrari owners do. Correct the mileage every year.

dibblecorse

6,941 posts

198 months

Monday 15th May 2023
quotequote all
Lambo FirstBlood said:
Actually saw a Desmo yesterday. First one I’ve seen in the wild actually being ridden. There were lots of bikes parked up so couldn’t work out who the owner was and didn’t get to talk to him but did take a pic.

if thats Rykas at Box Hill which I think it is thats my mate Pauls bike :-)

dibblecorse

6,941 posts

198 months

Monday 15th May 2023
quotequote all
Freakuk said:
Dibble has kind of summed this up for me, if you're looking at something as exotic as a 1299SL you need a low mileage one which will retain value over time. Most will have been bought as an investment and will be sat there gathering dust for a couple of decades before being sold for a profit. Leggy ones will only go one way.

Anything like an SL or R models will be generally pigs to ride on the road, they'll be too stiff generally and peaky power, my 1299S is too stiff for the road, but makes total sense on a race track. If you're looking at just road use you'll probably need to get the suspension reworked.

Also, insurance will be something to consider, you're buying a very expensive bike so expect insurance to be through the roof. For example I had a 1299S and a Desmo on the same policy (Ducati insurance) I was paying around 1800 per year full protected NCB. The Desmo doesn't get used now and is on a specialist policy and the bike is classed as auto memorabilia and costs around £300 per year, 1299S around £200 on the road.
Stop flirting ....

Not too late to come to Brno in June ;-) go on ... you know it makes sense ...

Freakuk

3,383 posts

157 months

Monday 15th May 2023
quotequote all
dibblecorse said:
Freakuk said:
Dibble has kind of summed this up for me, if you're looking at something as exotic as a 1299SL you need a low mileage one which will retain value over time. Most will have been bought as an investment and will be sat there gathering dust for a couple of decades before being sold for a profit. Leggy ones will only go one way.

Anything like an SL or R models will be generally pigs to ride on the road, they'll be too stiff generally and peaky power, my 1299S is too stiff for the road, but makes total sense on a race track. If you're looking at just road use you'll probably need to get the suspension reworked.

Also, insurance will be something to consider, you're buying a very expensive bike so expect insurance to be through the roof. For example I had a 1299S and a Desmo on the same policy (Ducati insurance) I was paying around 1800 per year full protected NCB. The Desmo doesn't get used now and is on a specialist policy and the bike is classed as auto memorabilia and costs around £300 per year, 1299S around £200 on the road.
Stop flirting ....

Not too late to come to Brno in June ;-) go on ... you know it makes sense ...
Off to the TT this year for a few days fella.

Whatever happened to Mugello? Guess it's too expensive for NL to commit given the state of UK TD's currently.

Lambo FirstBlood

Original Poster:

979 posts

185 months

Monday 15th May 2023
quotequote all
I would have thought there was 2 markets as there is with the upper echelons of super cars (Carrera GT, F40 etc) - “investment grade” cars with very low or zero mileage for collectors and well looked after, used cars for those that want to drive them.

The former will always be more expensive but there is still a market for the latter. Is it not the same with bikes? I might be looking for what I want to hear but surely there is a market for say a 20,000 mile 1299SL when it’s 12 years old at a % of the price of the unridden examples?

I guess the question is what that discount is.

I don’t want to get too bogged down on the value issue - just want to buy it right and use it as it was intended.



Edited by Lambo FirstBlood on Monday 15th May 13:50

Freakuk

3,383 posts

157 months

Monday 15th May 2023
quotequote all
Lambo FirstBlood said:
I would have thought there was 2 markets as there is with the upper echelons of super cars (Carrera GT, F40 etc) - “investment grade” cars with very low or zero mileage for collectors and well looked after, used cars for those that want to drive them.

The former will always be more expensive but there is still a market for the latter. Is it not the same with bikes? I might be looking for what I want to hear but surely there is a market for say a 20,000 mile 1299SL when it’s 12 years old at a % of the price of the unridden examples?

I guess the question is what that discount is.

I don’t want to get too bogged down on the value issue - just want to buy it right and use it as it was intended.



Edited by Lambo FirstBlood on Monday 15th May 13:50
To use as intended is to take it on track as the SL's were a money no object example of what could be achieved as a "road bike" without having to be homologated for WSBK.

I'm sure there would be a market, and if you want to get one to enjoy rather than as an investment then I think that's the right thing to do and just enjoy the experience. As per my previous comments though it's going to be an expensive ride though, insurance, servicing will be more than the other/cheaper variants. I suspect there's a big service looming given the mileage so I would check that before chucking your money at something.

rodericb

7,069 posts

132 months

Monday 15th May 2023
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It's an expensive bike and the usual thing is that if they're "enjoyed" they depreciate quite a way. They used to depreciate even if they weren't used. That's the cost of the enjoyment and, as with these instruments of leisure, the more you pay, the more the law of diminishing returns applies. And you know that it'll be outperformed by the next model.... that's progress. It doesn't take anything away from the fact that it was the ultimate streetbike that Ducati could come up with at the time and you're riding it.

Lambo FirstBlood

Original Poster:

979 posts

185 months

Tuesday 16th May 2023
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dibblecorse said:
if thats Rykas at Box Hill which I think it is thats my mate Pauls bike :-)
Newlands Corner so only 30 mins away - must be your mate. Would have loved to have chatted. Hovered around the bike for 15 mins but couldn’t see anyone.

dibblecorse

6,941 posts

198 months

Wednesday 17th May 2023
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Lambo FirstBlood said:
dibblecorse said:
if thats Rykas at Box Hill which I think it is thats my mate Pauls bike :-)
Newlands Corner so only 30 mins away - must be your mate. Would have loved to have chatted. Hovered around the bike for 15 mins but couldn’t see anyone.
Yep, that's his then as i know he was out.

Skin981

80 posts

46 months

Wednesday 17th May 2023
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Saw these 2 beauties last week for sale

Skin981

80 posts

46 months

Wednesday 17th May 2023
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Krikkit

26,921 posts

187 months

Wednesday 17th May 2023
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dibblecorse said:
Lambo FirstBlood said:
dibblecorse said:
if thats Rykas at Box Hill which I think it is thats my mate Pauls bike :-)
Newlands Corner so only 30 mins away - must be your mate. Would have loved to have chatted. Hovered around the bike for 15 mins but couldn’t see anyone.
Yep, that's his then as i know he was out.
Pass on a nod from us for riding it about, I'd love to see a Desmo being used not dusted.