Triumph Motorcycles Ltd
Triumph Motorcycles Ltd is a British motorcycle manufacturer.
Triumph Motorcycles is the largest, still functioning, English motorcycle manufacturer. Upon being established in 1984, it derived from the previous company 'Triumph Engineering' after they went into receivership, Triumph Engineering had been manufacturing since 1902.
Triumph Motorcycles Ltd CEO is John Bloor, who initially understood that he was unable to compete on a level with superior Japanese manufacturers. To combat this approach Bloor went on a tour of Japan, scoping out the efficiencies of his competitors and trying to mimic these back home. He also wanted to use similar new computer-controlled machinery to make the production of his motorcycles more efficient.
On March 15, 2002, just before celebrating 100 years as an established company, a fire broke out in their main manufacturing company. The fire tore through most of the building rendering it unusable, nevertheless this was rectified quickly and efficiently, production began again by September of that year.
Guide For Collectors
Triumph's best selling motorbike is the '675 cc Street Triple'. There are various websites that you can purchase Triumph Motorcycles from. An example website is that of 'Gumtree.com' - which mostly sells used and second-hand bikes. The price-range is particularly versatile and in most circumstances will begin at around £800. These bikes are usually in non-working condition (an example is a non-working Triumph Tiger Cub 1957).
At its highest (for second-hand bikes) the price can reach around £7000 (The Triumph Bonneville Replica 1960). If you're looking to purchase a new Triumph Motorcycle it would be advised to visit 'www.triumphworld.co.uk' for brand-new motorcycles. When purchasing new motorcycles, you will look to be paying in excess of £6000 and at the highest price, would be around £13000, this being the Triumph Rocket III Touring.
Their best selling bike the 'Speed Triple' is valued new at £8649. Although when considering vintage Triumph motorcycles, generally pre-1975, the price range is incredibly more vast. As with any collector’s item, the older the product is and the better the condition of the product, the more the product will sell for. It can also often be the case that some collectors may wish to buy parts separately and then construct the bike from that, themselves.
However, this method can sometimes prove a lot more costly and it can sometimes be extremely difficult to locate necessary parts.
Notable Auction Sales
Most notably in respect of auction sales would be the highly expensive older models (1900's, 1910's, 1920's and 1930's) - it is not uncommon for motorcycles spawning from those era's to go upwards of £30000, many of these sales can be seen taking place on 'www.classicbikeshed.com'.
Currently the highest a Triumph model motorcycles has sold for is unknown. It's wise to take note that, although these older models are of an extremely pricey nature, it is often the case that they won't be functioning. This is for obvious reasons (age, rust etc). There are many places you can visit on the internet that hold auctions for Triumph Motorcycles - www.webuyanybike.com - for example. Another notable auction website is www.liveauctioneers.com. On this website it lists sales of Triumph Motorcycles that have sold at auction, here are some examples:
- A 1961 Triumph Tiger T100 sold for £1800 at John Nicholson Auctioneers in 2010.
- A 1966 Triumph 650 Bonneville sold for £4000 at Fantasticantiques Inc in 2007.
- A 1969 Triumph Bonneville sold for £3100 at Seasons Auction Gallery in 2011.
- A 1960 Triumph TR6 sold for £8500 at World Of Decor in 2011.
- A 1960 Triumph Tiger 750 sold for £3250 at DuMouchelles in 2011.
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