1978 Wing?


Information and questions on GL1000 Goldwings (1975-1979)
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portugeezer
Posts: 424
Joined: Sun Feb 13, 2011 3:44 pm
Location: Mchenry, Illinois
Motorcycle: 1976 gl1000
1982 Gl500
1984 Honda Magna V30

1978 Wing?

Postby portugeezer » Thu Jan 03, 2013 6:14 pm



There is a 1978 wing about 75 miles from me with 40,000 on it. Has Vetter faring, sidebags and trunk. It looks decent the seller is asking $1,000. I'm thinking about taking a look. Is there much difference between my now deceased 1976 :cry: and the 78? Any particulars I should be aware of with a 78? I have a friend with an enormous garage and a trailer. He will let me store it until I get a structure together. Any thoughts or advice will as usual be appreciated!



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virgilmobile
Posts: 7663
Joined: Sun Sep 19, 2010 5:39 pm
Location: Denham Springs,La.
Motorcycle: 1988 GL1500 I
Previously owned
78 GL1000
81 GL1100
82 GL1100 I
83 GL1100 I
83 GL1100 standard
84 GL 1200 I

Re: 1978 Wing?

Postby virgilmobile » Fri Jan 04, 2013 9:04 am

For a grand it should run great,good tires and fully serviced.That's what I sold mine for.Electronic ignition and electric fuel pump added.
Price goes down as faults present themselves.
Dry rot tires,sticking brakes,low compression,etc.
My 78 had a 8 out of 10 grin factor on acceleration

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portugeezer
Posts: 424
Joined: Sun Feb 13, 2011 3:44 pm
Location: Mchenry, Illinois
Motorcycle: 1976 gl1000
1982 Gl500
1984 Honda Magna V30

Re: 1978 Wing?

Postby portugeezer » Fri Jan 04, 2013 11:10 am

Here in the Chicago metro area you couldn't touch a bike like that for a grand! During riding season any wing that runs even very poorly will sell for about $1,200 in the offseason a beater would go for around $800. There is a guy near me that had 3 Gl1000's that were basket cases in pieces. He already sold two of them for $550 each and has only one left! Everything here costs more gasoline, Housing, taxes. In the area I live most real estate taxes are around $10,000 a year on a single family dwelling. Even WalMart costs more. When I travel I'm always shocked how much less everthing costs. I only have to drive about 90 miles in almost any direction from Chicago and gas will be 80-90 cents less per gallon! The only thing that seems to cost the same everywhere is food! I have also noticed that here in Chicago you can buy any type of food you want but if you leave the area not so true. I would move from this area but my entire family lives here. When I travel everyone asks if I'm from Chicago because of my accent! I'm pretty much stuck here :cry: . I have often thought about buying a trailer and traveling around buying nice bikes to bring back here for resale!

User avatar
portugeezer
Posts: 424
Joined: Sun Feb 13, 2011 3:44 pm
Location: Mchenry, Illinois
Motorcycle: 1976 gl1000
1982 Gl500
1984 Honda Magna V30

Re: 1978 Wing?

Postby portugeezer » Fri Jan 04, 2013 11:20 am

I should also add that depending on what time of year you sold your bike you would have gotten anywhere from $2,000-$2,500. Our riding season depeneds on how tough you are. I ride from about March 1st to around Thanksgiving. For the yuppies that mostly ride Harleys the season goes from about the third week of May until about the second week in Oct. Bikes sold between the months of November and March will go for much less. I actually found another 78 up in Wisconsin that has low miles. A one owner bike that has been left sitting for two years because the owner can no longer ride! I can pick that one up for $600. The drive would be about 200 miles round trip. I know that one will need carb work a battery and new belts for sure! The pics of it look great. It looks like it's been babied!

User avatar
virgilmobile
Posts: 7663
Joined: Sun Sep 19, 2010 5:39 pm
Location: Denham Springs,La.
Motorcycle: 1988 GL1500 I
Previously owned
78 GL1000
81 GL1100
82 GL1100 I
83 GL1100 I
83 GL1100 standard
84 GL 1200 I

Re: 1978 Wing?

Postby virgilmobile » Fri Jan 04, 2013 11:48 am

I do understand....it's what the market demand will support.
Our gas is lower(currently $3.05/gal) but we have multiple refineries here.
Wages are also lower.
My word....I made almost the same take home wages 25 years ago in San Diego as I do now here in Louisiana but then a rental house was $1500 a month back then.
I was always broke at the end of the year no mater where I lived or where I worked.
Bikes still demand a good price here too due to the long riding season,so I look in the off-season for new projects.
At best,a gl1000-1200 would end up costing me $1500-$2500 to make nice.Total cost.
A serviced older gl1500 goes for $5000,A DOA in poor shape gl1000-1200 goes for around $500.
The last good running wing priced out at $3000.
There are good deals out there.You just have to be first at it as they don't stay listed very long.
My last bike(88 gl1500) was listed for $2500...3 hour drive...just made it...beat out another fellow by 2 hours.First with cash took it.
I did miss many other "deals" over the years..That's the game.

User avatar
portugeezer
Posts: 424
Joined: Sun Feb 13, 2011 3:44 pm
Location: Mchenry, Illinois
Motorcycle: 1976 gl1000
1982 Gl500
1984 Honda Magna V30

Re: 1978 Wing?

Postby portugeezer » Fri Jan 04, 2013 1:17 pm

Here once the ground is covered with snow it would be tough to sell any bike. The other thing is that everyone knows if they wait until May they will get more for the bike. So during winter you have to find a seller who really needs money. The second bike I'm looking at here is owned by someone who has no use for it! If I get it for $600 and have to go through the carbs,replace the belts,and replace the battery I would be Ok with that! I can get the bike now and work on it come spring. As for gas we are at around $3.45. If I go into Iowa it's usually much cheaper.




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