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Investment Bikes: Continued PDF Print E-mail
Written by BMWVMCA NEWS   
Thursday, 31 July 2008

Investment Bikes:
continued from last issue.


 
      John Klomp, owner and manager of Investment Bikes, responded to inquiries on the KRADRIDER @ Yahoo Group about classic bikes he has sold within the last several years. Here is what he had to say on June 17th of this year:

    
“My name is John Klomp, director and owner of Investment-Bikes, classic bike dealer in Belgium.


    
One of my customers has told me about this Kradrider group and the comments which could be read on it about my company.


    
I was quite surprised when reading all those to my company related messages and I don't understand that nobody has ever given me notice about what was going on, or has complained to me about the facts as described directly.


    
For instance this frame-number matter is something completely new to me, also I've seen another message which doesn't tell the full story, regarding that matter I consider my behavior back then to be more than correct.


    
Furthermore I've read messages of which I don't recognize the contents, neither do I know or have I ever heard from the persons who've made them.

    
It's my intention to support this group as much as possible, in that respect I will also answer all questions regarding my company, products and activities.”



From: Mike Dunn:


Jun 17, 2005


John,


    
“I have known you for over 4 years now and met you last year personally. I have never had any bad dealings with you and both of my bikes I purchased from you were ok. Anyway, the frame issue of numbers was brought up some time ago and there was some concern about that on BMW bikes.”


Mike
 


On June 17, 2005 Brian Schneider wrote:

   “I also have not had any bad dealings with Mr. Klomp. He has addressed all questions I have ever had regarding my R35 and R12 that were purchased in February over the internet with him via photos only. My serial numbers are verifiably genuine by BMW and they retain their original stampings as I stripped the paint off the R35's frame. I recently decided on a full restoration of this R35 and decided to remove the motor from it and take it to the bare frame although it ran fine. In doing so I found the motor was probably rebuilt not too may miles ago as it had no radial play in the crank bearing, timing gears and sprockets were new, lifters looked perfect and valves sealed with no leakage and there was no scoring or wear visual on the cylinder wall. Piston and rings looked good also and the inside of the motor was fairly clean with new seals over the front timing pulley for the generator belt as well as the camshaft drive for the breaker point plate. Clutch and transmission work perfectly also. Other than a slightly bent front wheel and incorrect fork springs that I replaced for $40, the bike rode great. I did also find the generator did not charge, but that was minor compared to the other more expensive essentials that were good. All this on a bike that Mr. Klomp had described as being merely "ok". I cannot speak for others’ experiences, but it is apparent to me, that in my personal situation, he had no real idea without a costly disassembly, how good of a machine it turned out to be. Buyers and sellers sometimes operate too much off of the assumption that if it looks good or bad, it must run good or bad and I am guilty of that as well.

Brian
 


On Aug 20, 2003 Mike Dunn wrote:


    
“Let me warn everyone on this web site about Investment Bikes. They were good to deal with on a professional level. They don’t know a lot about DKW's, that’s for damn sure. If you are going to buy a bike from them have a bunch of friends look at it and ask them for as many pictures as you can get. If I would have known the people I know now, I wouldn’t have thought other wise. The more people that run a fine tooth comb over your bike with pics or in person if you know someone in the Netherlands you are in much better shape. They failed to tell me a few key things about my bike and I was told with just some gas and a battery it should  run. Well yea, no shit!! After finding clutch parts, missing cables, air filters, battery straps, missing bolts, Coil box repair, chain, etc, etc, etc.  Then, yes it will run!! The list is really long for me now! I almost bought a R35, they seem to have a ton of them listed on their web site for really cheap. I can tell you my bike was part Frankenstein, this means they found parts to  make it look 100% complete, and it was very clear when I started restoring it. I am positive a few of their bikes are Frankenstein bikes and not just mine. They delivered the bike and worked with me. Would I buy another bike from them, yes. Why you ask?? Well I will make sure I inspect it as much as possible next time. They didn’t rip me off, they just failed to mention a few key things.”


Mike Dunn
 


In an open letter of Aug 20, 2003, Todd Gylsen wrote:
 

    
I can attest to everything Mike has said about Investment Bikes. That is the place I purchased my NSU from.


    
They told me the brakes needed redone and the bike runs. That was a pure lie. It couldn't run when it is missing a few vital parts. I am looking at putting in well more than 1-2K in replacement parts, repairs, etc. A lot of the parts on the bike looked right but were in fact the wrong part completely. Now I have to hunt for parts for a bike that is much more rare than a DKW or BMW. I just sent the Magneto-Dyno off for a repair job. Most of the wires from it were cut. In fact, all the wiring and cables on the bikes were missing. I expect it will take a year or two to get it back into the proper condition. As Mike said, they were very professional business wise, just forgot to mention a few vital things about the bike.


Todd 
 


    
Note: the very name of the company, ‘Investment Bikes,’ suggests that investing should be more important than one’s individual collecting interests.


    
‘Investing’ in my mind conjures up a picture of a fellow wearing a grey pinstripe suit. This fellow is about to withdraw funds from his Wall Street Investment Company to transfer to an overseas company in order to purchase a share value in  what he believes is a treasured antique motorcycle. He further intends to hold this ‘treasure’ long enough for it to increase in value, then sell it at a profit.


    
For those of us who have been in this hobby for any reasonable length of time, know that it doesn’t work like that. Yes, it is true that sometimes we get lucky, and have the pleasure of owning a bike that is skyrocketing in value. Most of our bikes require restoration, regular maintenance, numerous spare parts, tires, and various accessories before we are satisfied with them.


    
We still have to get some grease on our hands. We have to do our homework. We have to learn as much as we can about what we own. The journey is the real joy and reward in what we do.


    
Collecting for the sole purpose of investment and profit misses the whole point collecting, repairing and riding these old bikes.


RS



Further Thoughts


    
It is not the mission of our club to tell its members where and from whom to buy anything. It is our job to report what we think is relevant to all of our members’ interests.


    
As Mr. Klomp pointed out, his firm has sold several thousand bikes over a twenty-five year period. How much negative feedback have we heard about over that period?


    
To be safe, can it hurt to have a trusted friend living near Mr. Klomp’s business go and carefully inspect and appraise an item we are interested in buying?


RS

 
Last Updated ( Thursday, 31 July 2008 )
 
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