City Garage
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- Joined
- Aug 6, 2018
- Messages
- 959
I know I have brought up sales numbers numerous times but I was recently talking with a customer that we service his 961 and is involved with one of the largest automotive groups that also has some interests in the Powersports area as well. Basically someone in the know of all things automotive, dealer, sales, etc.
We discussed the rarity of the 961 and the fact that there are no solid sales numbers like you see for other manufacturers etc so its hard to determine the numbers sold and the fact that the last one on BAT sold for 10k dropping the values
He brought up a valid point I'd thought I would share. He said that the 961 failed in the "scarcity" area where a product is sold or is perceived as a limited item which should make it more valuable. He said initially supply and demand were already limited but SG Norton misjudged the market and the service issues that followed dropped the demand even further. He stated that he spoke to numerous in-the-know motorcycle collectors who don't value the 961 at all or the new Norton brand with any seriousness. You can throw a stick here in the Los Angeles area and find some rather extensive collections and he pointed out that even some very prominent collectors that have every Norton model produced made a choice not to have a 961 in their collection.
He echoed my point about the forums and other avenues where one might find other owners and agreed that there is a lower number produced than anyone thinks might be possible. Even out of the approximately 900 members of this forum, how many actually own one?
It seems that the "rarity" of the Norton 961 does not translate into higher prices even with the low numbers produced and the "scarcity" of parts which in a weird way should drive the market up but it doesn't.
I think in the 961 world scarcity actually means not enough demand.
We discussed the rarity of the 961 and the fact that there are no solid sales numbers like you see for other manufacturers etc so its hard to determine the numbers sold and the fact that the last one on BAT sold for 10k dropping the values
He brought up a valid point I'd thought I would share. He said that the 961 failed in the "scarcity" area where a product is sold or is perceived as a limited item which should make it more valuable. He said initially supply and demand were already limited but SG Norton misjudged the market and the service issues that followed dropped the demand even further. He stated that he spoke to numerous in-the-know motorcycle collectors who don't value the 961 at all or the new Norton brand with any seriousness. You can throw a stick here in the Los Angeles area and find some rather extensive collections and he pointed out that even some very prominent collectors that have every Norton model produced made a choice not to have a 961 in their collection.
He echoed my point about the forums and other avenues where one might find other owners and agreed that there is a lower number produced than anyone thinks might be possible. Even out of the approximately 900 members of this forum, how many actually own one?
It seems that the "rarity" of the Norton 961 does not translate into higher prices even with the low numbers produced and the "scarcity" of parts which in a weird way should drive the market up but it doesn't.
I think in the 961 world scarcity actually means not enough demand.