Over a week ago, I heard about a naked '78 for sale nearby. I spoke to the seller a couple of times who claimed that it was in beautiful, nearly perfect condition with low miles on it. I asked for pictures and never got any, so I was skeptical of the condition. Today I had some extra time to take a ride and check it out, take pics, etc. Here it is:
If the odometer is reading correctly, then this is indeed a low mileage bike. While the seller's description wasn't quite accurate, the bike is in nice shape. Bodywork, although not perfect, is very nice for the age. A good cleaning and waxing will make it look pretty nice for an original paint job.
I love this color and have been in the process of slowly restoring a '78 with a much higher mileage motor and bodywork that will need repainting. This naked GL has pretty much everything intact and looks like it never got dressed - wiring isn't hacked into and no missing turn signals. Both side covers are in great shape with no cracks or broken tabs. The chrome on the rear fender and brake light mount is immaculate:
So here are the pros and cons:
Pros - Low mileage, nice paint, good seat, nice rear fender, clean frame, monroe air shocks, (is this a pro?) nice seat, owner's manual, nearly complete tool kit in cloth pouch.
Cons - Right exhaust is rotted at the muffler joint, left chrome ffler tip is bent to the left, chrome muffler guards are damaged, broken clutch cable, carbs need cleaning, fuel tank condition unknown, rear brakes drag, belts will need to be replaced, fork seals leaking, missing tool tray, needs battery, tires cracked form early dry rot, small dent in front fender. Finally, not sure if the engine turns over since the battery was dead and the clutch cable was busted. (unable to turn over by hand) I assume that it's probably ok and would confirm before making an offer.
I have virtually everything that this bike needs and in many cases, I've already powder coated many of the parts such as the swingarm, calipers, battery box, etc.
Asking price is $1700 firm which I think is too much for a non-running bike that needs work to be back on the road. I'm thinking that for $1000-$1200 it would be a good buy. Considering what it will cost to have my present bodywork professionally repainted with the correct decals, this bike would defray much of that cost. I could get it in good running shape and then put the other one back together and sell it as a running, restorable bike.
I need another bike like I need a hole in the head, but this one is at a great starting point. Thoughts and opinions?