Recommendation on price for a 1994 Goldwing Interstate


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Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Tue May 03, 2016 7:13 pm



Hello All,
I've come across a 1994 Goldwing Interstate with 10 k miles - Wanted to know what would be a good price to pay for it.
Has some cosmetic issues
Seems to start and run OK
The trunk lock doesn't seem to work - you turn the key and sometimes it unlocks but most times it does not.
The side bags are a little tricky to open - has some kind of push button in a hole thru the trunk floor -
no latch that I could find to release the side bags.
The battery side cover has a broken tab - he said when he went to change the battery he must've forced it a little too hard
The bike apparently sat for 10 years - but starts up everytime with first crank
Seemed to start and run OK
One of the front speakers is ripped (visible thru the grill)

Any suggestions on anything else to check and what would be a good price to pay for it
Would be greatly appreciated
Thank you



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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby trike lady » Wed May 04, 2016 2:22 am

Hello and welcome to the forum.
The link is for one in excellent condition: http://www.kbb.com/motorcycles/honda/gl ... ype=retail
A little info, this bike has no reverse, cruise control or on board air compressor like the Aspencade or SE, its a bare bones Goldwing. You may want to check Craigslist to see what other GL1500s are going for in the same year or newer.
I.M.B.B.A. Technician II Certified

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Wed May 04, 2016 9:24 am

Sorry about a little confusion - listed the wrong model year.

I was looking at different bikes and put the wrong year on this one.
It's a 1992 and not a 1994.

The main reason I was asking was because the bike was sitting untouched for 10+ yrs and
needs the things I mentioned fixed and also needs new tires, I'm sure I missed something else also

The one thing I forgot to mention earlier was after the bike was parked and we were standing around talking -
I heard like a air pressure noise similar to letting the air out from a tire with no one touching it - is that normal ?
Since the Interstate don't have the air compressor option

I saw the KBB value but I was looking for more realistic actual prices that people in the forum have paid for in the recent past.

I've seen a few of them on craigslist but some seemed "unrealistic" in their asking price (eg: $11,500 for a 1992)
I realize the Interstate doesn't have the options of the Aspencade or SE.
I was looking to atleast start off with something in the newer (1500) body style - based on my budget.
He's asking $4500 for it - seemed a little high (to me atleast) based on condition.
Need your opinion on it.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby virgilmobile » Wed May 04, 2016 11:41 am

I can't explain the noise but hissing is not one that a bike should be doing just setting there.
Do expect to spend a fair amount to get it roadworthy.Tires are not cheap,close to $350 before mounting and balancing beads.
Better invest in new timing belts,age takes its toll,not miles.Not too pricey if you do it your self (less than $100).
Also replace every ounce of fluid in the entire bike.eg,oil change, fork oil,brakes and clutch,final drive,etc.This includes a good battery.Another hundred or so.
I've yet to buy a bike that it took much less than $500 to get it up to my safety and reliability expectations.
As far as the price.I kinda added this all up and deducted it from the asking price and made a offer.Telling the seller what I planned.
$4500 is a fair price for a well maintained bike (as in yearly serviced).
This one you describe is not.
I purchased my 88 under this condition.
Asking price was also $4500.I estimated a dealer cost to repair it's problems at $2000.
Offered $2500 and took it home.Mine had more troubles.Carbs,tires,brakes,electrical and it would also run..kinda.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby NVSB4 » Wed May 04, 2016 12:00 pm

First, welcome to the forum.
About 5 months ago I sold a '92 Interstate in perfect condition with 61k miles and lots of extras for $3500.
You also didn't mention how many miles the bike has on it.
With that many things that you know needs to be fixed, plus the ones that you will discover as you get into it, my estimation is in the $2500 range.
I was going to suggest that you check on Craigslist for comparables, but when I did they seemed way over priced. I guess that it depends on the area.
This '90 SE with 56k miles for $3800 is probably a better deal.
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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby WingAdmin » Wed May 04, 2016 12:05 pm

virgilmobile wrote:I can't explain the noise but hissing is not one that a bike should be doing just setting there.
Do expect to spend a fair amount to get it roadworthy.Tires are not cheap,close to $350 before mounting and balancing beads.
Better invest in new timing belts,age takes its toll,not miles.Not too pricey if you do it your self (less than $100).
Also replace every ounce of fluid in the entire bike.eg,oil change, fork oil,brakes and clutch,final drive,etc.This includes a good battery.Another hundred or so.
I've yet to buy a bike that it took much less than $500 to get it up to my safety and reliability expectations.


This is pretty much my experience as well. My safety/reliability standards are very high - I refuse to ride a bike with any broken or non-functional pieces, nor do I want to ride a bike that might leave me stranded somewhere. So I will typically spend about the same amount going over the bike from front to back and replacing/fixing parts, re-doing or removing previous owner "modifications" and so on.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Wed May 04, 2016 12:14 pm

Thanks for the replies.
I thought I had listed the mileage in my first post - it had 10,003 miles on it (yes 10K miles only - atleast that's what the speedo shows)
UNLESS I read it wrong and it is actually 100,003 - Makes me sound stupid.
When I tried to get an idea from him yesterday if he was negotiable on the price - he kept saying look on craigslist - they are much more expensive than his asking price (chicagoland area).

Based on your suggestions I will give him an offer of $2500 and see what he has to say.
Is there a max amount I should go upto in case he counters - because I have a feeling he wouldn't be willing to go so low from his asking price.

His claim was that someone owed him money for work (he's an electrician) he did for them and couldn't pay so they gave him the Goldwing instead as payment.

He also said he just a put brand new battery (said he would give receipt) - and that's how he broke the tab from the battery compartment.
Attaching some pics from the ad. - looks good in the pics but there are scratches and chrome peeling etc that are not visible.







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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Wed May 04, 2016 1:51 pm

GoldWing 1500 is a Million Miles Meter.
10K? Might be 100,000.

I skimmed CL last week, I think I seen this bikes listing. $2800 or was it $3800 ???
Last edited by FM-USA on Wed May 04, 2016 2:10 pm, edited 2 times in total.
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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Wed May 04, 2016 1:57 pm

I offered him $2500-$2700
He said he'll pass on the offer
Oh well I tried

I told him he could counter offer
He countered back with $4000 as the lowest he will go.

is it worth pursuing at $4000
or
Should I forget that one and keep looking for something else (possibly) better.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Wed May 04, 2016 2:07 pm

FiDude wrote:I offered him $2500-$2700
He said he'll pass on the offer
Oh well I tried

I told him he could counter offer
He countered back with $4000 as the lowest he will go.

is it worth pursuing at $4000
or
Should I forget that one and keep looking for something else (possibly) better.

10K miles 99% take it.
100K @ $4,000 (mmmmm my thoughts) Keep looking for lower miles and $1,000 more. They are out there.
ALSO, it's an Interstate, less goodies = lower price.
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Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby 97Aspy » Wed May 04, 2016 4:38 pm

After looking for about four months found a 97 aspencade 45K miles last October wanted $4000 bought it for $3500. Not perfect some cracked plastic lower cowl and left fairing deflector and the linked brakes were not working at all.
Replaced brake pads and fluid all around and lucked out on the linked brakes they just needed bled.
Have about $200 in parts and fluids. Probably will have another $200 in the bike before it will be the way I want it. Keep looking and eventually you should find what you want.

Rick

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Wed May 04, 2016 6:21 pm

I made a final offer of $3000
but he said he's gotten other offers that were better

time to look for something else

I found a 1994 Aspencade for $4995 (thru dealer) with 32,000 miles
have to go check it out
doubt they will negotiate very much on the price

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Wed May 04, 2016 6:37 pm

FiDude wrote:I made a final offer of $3000
but he said he's gotten other offers that were better time to look for something else

I found a 1994 Aspencade for $4995 (thru dealer) with 32,000 miles
have to go check it out doubt they will negotiate very much on the price

Bring a trailer behind your truck and tell them you have a trade in to knock off some of that price.

I've heard dealers don't really care for motorcycles on there lots, they sell cars and trucks, not bikes.
That could be a negotiating factor.
Last week of the month best time to deal, they're either needing sales or they made their quota. I got a 77 Toyota wagon for $99.00 from a used car dealer. Drove it home, needed no repairs or parts.

NEVER show eagerness. With a passing glance, "Eh, that looks nice. Got anything else to show me?"
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Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
And don't flirt with dirt or darkened oil, all the faster your engine will spoil.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Wed May 04, 2016 6:48 pm

I wish that were the case - LOL

This is a motorcycle dealer

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Wed May 04, 2016 7:15 pm

As one naked turkey said to the other getting dressed, ....
.
you're PLUCKED. :lol:
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Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
And don't flirt with dirt or darkened oil, all the faster your engine will spoil.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby Fatwing Chris » Thu May 05, 2016 6:53 pm

FiDude wrote:I made a final offer of $3000
but he said he's gotten other offers that were better

time to look for something else

I found a 1994 Aspencade for $4995 (thru dealer) with 32,000 miles
have to go check it out
doubt they will negotiate very much on the price

Being that it sat for a long period of time and it being an Interstate I personally think he did you a favor by turning down your offer.No reverse and no history to me = a really low price.Mileage is good but too low a mileage on a bike that old can be bad too.Too many real nice Aspey's and SE's out there to buy an Interstate IMHO.
If I'da known it would last this long,I'da taken better care of it.
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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Thu May 05, 2016 10:05 pm

As for me I like Interstates. I can add MY choice of accessories and where to install them.
Less accessories = less to go wrong.
No reverse = good exercise of both mind and body. (Mind? Think ahead to park flat or uphill)
1. Less bike weight = more personal stuff can be loaded.
2. Less bike weight = Quickererer.
.
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Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
And don't flirt with dirt or darkened oil, all the faster your engine will spoil.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Fri May 20, 2016 1:42 pm

Update 05-20-16
I went to go see the 1994 GW ($4995) at the dealer - started raining (bummer) just as I reached there, so didn't get a chance to try it out.
I haven't had a chance to go back out there to check it out yet, it's about a 50 mile drive for me each way.
The dealer said their prices are "fixed" and no negotiation - WOW
Never heard of a dealer who said that before (other than Carmax).

And now back to the original bike I started the thread for.
The owner just sent me a text msg saying the bike is mine for $3600 (I guess his "other" offers were not as good or better as he claimed)
So back to the original question - is it worth pursuing or should I just forget about it.

In the meanwhile I bought a 1986 GL1200A (no cracked pieces - just faded paint from leaving outside - I'm guessing) with about 63000 miles on it with a trailer for $2500 (don't know why I did it - LOL) :idea: :o
It has the aftermarket "car" alternator and a voltmeter installed on it.

Went riding (with a group of guys) the next day after buying it and while stopped at a stop sign (on the way back home) waiting for a car to pass the rider behind me (for some ungodly reason) decided to go (he was maybe 5-6 bike lengths behind when I stopped) even though he saw the car as well and in the process knocked me and the bike over and his bike as well (he broke his shift lever and a few pieces of plastic when he fell - bike had to be towed back - waited 2 hours for tow truck to show up).
The right side tail light broke on my bike, bent the highway pegs, and a few minor scratches on the crash bars for the saddle bags.
I also saw a crack on the bottom of the rear trunk (which wasn't there before) on mine.
My hazards work but turn signals do not work.
Now I also hear some kind of a "whine" (if you will) coming when the bike is running - sounds more like a "loose" belt on the aftermarket alternator installed on it.
I also smell oil leaking/burning but I don't see any leaks at all.
I also feel like something is grinding (or noise sounds like if oil is low).

I went to the dealer the next day after the accident and they said they couldn't get to the bike for a few days and that I would have to leave it there for them to do an estimate on the damage for a few days.

Any suggestions on where to start looking for some of the problems mentioned.
It still runs ok but get a slight wobble from the front while starting off also.
Should I just sell the bike or get it fixed is the big question on this bike.

Thanks for the suggestions and advice.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Fri May 20, 2016 2:45 pm

FiDude wrote:Update 05-20-16 ..... Any suggestions on where to start looking for some of the problems mentioned.
It still runs ok but get a slight wobble from the front while starting off also.
Should I just sell the bike or get it fixed is the big question on this bike.

Thanks for the suggestions and advice.

Your accident is JUST WRONG!
No suggestions... well maybe one.
GOTTA MOVE OUT OF THE CITY,
TOO HIGH A CHANCE TO GET HIT'Y.
DAILY DINGS, BANGS AND BOOMS ARE WHAT YOU FACE,
COUNTRY RIDES ARE SLOWER-N-SAFER PACE.
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Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
And don't flirt with dirt or darkened oil, all the faster your engine will spoil.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Fri May 20, 2016 6:28 pm

LOL :D :lol:

We weren't in the city - we were about 60 miles west of the city - country roads.

We went for a leisurely ride in the countryside for about a 100 mile ride (round trip) - all back roads - less traffic.
It was a good ride till this happened.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Fri May 20, 2016 8:07 pm

AWWWW MAN.... Was it done on purpose?
"OIL CHANGE?" _FM 07-2009
Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
And don't flirt with dirt or darkened oil, all the faster your engine will spoil.

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FiDude » Sat May 21, 2016 12:15 am

I don't think it was on purpose

He had a new bike (2014 Yamaha 1900 - I think) with less than 2000 miles on it so I highly doubt it was on purpose.

He purchased that thing brand new from the local dealer - the estimate for damage to his bike was $4000+

He babied that thing and spent a lot of money with aftermarket parts
took off all the factory chrome stuff and replaced it with blacked out stuff

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Re: Recommendation on price for a 1994 Goldwing Interstate

Postby FM-USA » Sat May 21, 2016 7:21 am

OH-OH-oh, I thought it was the car that hit you guys from behind.
My-Oops.
I can see a possible presumption of him expecting you to take off together through the stop sign.

I get the similar thing when unknown riders catch up at intersections expecting to go through together.
They're just other riders thinking they are suddenly in a group and riding as one but aren't.

This also happens to me when in a group ride. I will stop as if I was a car and the rider[s] behind expect to ride as one through the intersection but SUDDENLY have to stop. To me if we're side by side we are one vehicle and ride through together. But if 3 or more and in proper staggered formation, the next row of riders is a different vehicle and must stop separately.

CONFUSING! :shock: to say the least.


"OIL CHANGE?" _FM 07-2009
Know its new taste and be loyal, you'll know when to change that oil.
Taste testing as the miles flow, souring as that acid grows.
And don't flirt with dirt or darkened oil, all the faster your engine will spoil.


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