Advice on purchase?


Information and questions on GL1000 Goldwings (1975-1979)
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phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Advice on purchase?

Post by phoenixtubs »



Hi, I'm a member, but a lurker for the most part. I came across a 78 Goldwing for sale, 24000 miles, owner said ran last year but sat all winter, and not running now, calipers sticking, carbs probably need a rebuild, needs fork seals. Looks like missing windjammer and saddle bags and needs seat work. Gauges all work, nothing major added on. Asking $800.00. I'm fairly handy, I've rebuilt carbs before, I'm confident I could rebuild calipers and replace the fork seals. I'm in the market for something to tinker with. Owner said he rode it for two years prior.

I'm hoping you all could give me your thoughts about the value here.
Thanks!




mmrabit
Posts: 3
Joined: Wed Dec 14, 2016 11:09 pm
Location: Bakersfield, Ca
Motorcycle: 1978 Goldwing

Re: Advice on purchase?

Post by mmrabit »

$800 doesn't seem too bad, I paid more for my 78......but it ran very well when I got it and still does but at the same time I bet I end up spending close to $1500 getting it in the condition I want it to be in.
By the time you refurbish the brakes, tires, battery, cooling system and who knows what else it really starts to add up.
But they are great bikes, pretty easy to work on, and for the $$ hard to beat in my opinion.
Just my 2 cents
Mike
Bakersfield, Ca.
GL_Steve
Posts: 34
Joined: Tue Feb 28, 2017 12:16 am
Location: Calgary, Ab
Motorcycle: 1976 GL1000

Re: Advice on purchase?

Post by GL_Steve »

I just bought a 76 w/45000 miles, for Canadian $1000, it ran while spraying gas into the intake, that was the $200.00 deciding factor from my offer to his bottom dollar. Not sure the exact exchange rate is now but 7-$800 seems about right to me.. It is worth exactly what the buyer is willing to pay and the Seller is willing to accept.

You can knock him down if you want to but for that low mileage on a goldwing it should have at least 3 or 4+ times that many miles left in it.

My friend was trying to convince me to buy a new bike and I could have bought a brand new 2014 DL1000 for 10,500 canadian, I could have put 3500 down but still, I don't want to have to pay for a bike for 5 years... I'd rather ride one that's paid for and work on it a bit when needed than have to pay for a bike for 5 years.
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

Thanks for the advice so far, I've been reading through the forum and looking around online and it seems like there are parts still available, and a lot of mechanical knowledge out there. Do you know if these bikes come with a stock windshield and fairing and are these available?
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

Follow up: I am the proud owner of a 1978 GL1000! Got it for $550.00. I've been reading through all the forums, I just changed the timing belts, and moving on to valve adjustment. Thanks for the advice, I feel like I've got a fun project for myself,
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smittyboy734
Posts: 34
Joined: Tue Apr 12, 2016 7:21 am
Location: trenton,mi.usa
Motorcycle: 1978 gl1000..owner 70 cl70 .previously owned 81cb750k,76 cb500T ,78 kz650,71 H1500

Re: Advice on purchase?

Post by smittyboy734 »

i purchased my 78 with 20,000 two years ago, paid 800.00. sent the carbs off to pistol pete best money i ever spent,worked on the rest of the systems while they were getting rebuilt, put some new rubber on her and with A LOT of tlc have a great looking, running, riding bike.
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

Good to hear. I'm going through step by step, following the advice on Randakk's blog. So far I've put on new timing belts and adjusted the valves. I'm going to buy Randakk's kit and rebuild the carbs myself. So far everything looks pretty clean. Next I think I will check ignition and see if I can get it started, then on to rebuilding master cylinders and calipers.
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badandy
Posts: 79
Joined: Tue Nov 01, 2016 7:03 pm
Location: Weirton, West Virginia
Motorcycle: 1977 GL1000 Goldwing
1982 GL500I
1983 VT500 Shadow

Re: Advice on purchase?

Post by badandy »

So far this is the list of what I have in mine since October of last year: I got this bike in non running condition. Sat for 16 years. It is being restored to running condition with little spent on cosmetics other than a good cleaning. I do all the work myself and really enjoy the challenge of bringing old bikes back to life.

Title work - $40
Battery - $90
Timing belt set - $50
Tires and tubes - $300
Caliper and m/c rebuild - $120
Fluids - $35
Filters - $35
Thermostat - $10
Radiator hoses - $17
Fan switch - $20
Points/plugs - $60
Water pump and gaskets - $135
Carb kit - $150
Changed all the light bulbs - $50

To do list:

Fork seals
Rear shocks
Other things I find as I ride it
User avatar
SnoBrdr
Posts: 784
Joined: Fri Mar 07, 2014 9:01 am
Location: Providence, Rhode Island
Motorcycle: 1978 GL 1000

131K Original Owner

Re: Advice on purchase?

Post by SnoBrdr »

badandy wrote:So far this is the list of what I have in mine since October of last year: I got this bike in non running condition. Sat for 16 years. It is being restored to running condition with little spent on cosmetics other than a good cleaning. I do all the work myself and really enjoy the challenge of bringing old bikes back to life.

Title work - $40
Battery - $90
Timing belt set - $50
Tires and tubes - $300
Caliper and m/c rebuild - $120
Fluids - $35
Filters - $35
Thermostat - $10
Radiator hoses - $17
Fan switch - $20
Points/plugs - $60
Water pump and gaskets - $135
Carb kit - $150
Changed all the light bulbs - $50

To do list:

Fork seals
Rear shocks
Other things I find as I ride it
Good luck with the fork seals.

The biggest PITA on the whole bike.

The rear shocks I have are original.

Can't justify the outlay for a set as I only ride one up.
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

I am also enjoying the challenge. So far:

Timing belts
Valve adjust
Oil/Filter
Thermostat
Radiator hoses
Battery
Plugs

Next - check/replace points
Try to get it started

After that:
Timing
Carbs
Rebuild brake calipers and masters
Tires/tubes
Fork seals

I do have an issue with the clutch linkage at the clutch lever. Looks like lever was damaged and cable end is not seating correctly. The cable feels "short".


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SnoBrdr
Posts: 784
Joined: Fri Mar 07, 2014 9:01 am
Location: Providence, Rhode Island
Motorcycle: 1978 GL 1000

131K Original Owner

Re: Advice on purchase?

Post by SnoBrdr »

Are those the stock bars ?
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

I don't know.




harvey01
Posts: 873
Joined: Thu May 31, 2012 7:14 pm
Location: Henrico, Virginia
Motorcycle: 2004 GL1800

Re: Advice on purchase?

Post by harvey01 »

Check for private massage.
harvey
harvey
Ride Safe and Ride Often
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

Where do you guys find new points?

Thanks
User avatar
SnoBrdr
Posts: 784
Joined: Fri Mar 07, 2014 9:01 am
Location: Providence, Rhode Island
Motorcycle: 1978 GL 1000

131K Original Owner

Re: Advice on purchase?

Post by SnoBrdr »

phoenixtubs wrote:Where do you guys find new points?

Thanks
EBay but there are certain ones to avoid.

I don't use them so others will chime in with the brand.

The K&L stuff is good.
User avatar
badandy
Posts: 79
Joined: Tue Nov 01, 2016 7:03 pm
Location: Weirton, West Virginia
Motorcycle: 1977 GL1000 Goldwing
1982 GL500I
1983 VT500 Shadow

Re: Advice on purchase?

Post by badandy »

Honda nos points can be had on ebay. They are pricey. Watch the repop one's. Some are shady. I bought a decent repop set from a company in Japan and they look like the oem set and work fine. Avoid the cheap priced ones (you get what you pay for). I spent $45 on a set.
phoenixtubs
Posts: 48
Joined: Mon Jun 01, 2015 2:56 pm
Location: Chicago, IL
Motorcycle: 1985 Interstate
1987 VT700C Shadow
1978 GL 1000

Re: Advice on purchase?

Post by phoenixtubs »

Thanks, I ended up ordering a set of these:

https://www.davidsilverspares.com/GL100 ... rt_157082/

Hope they work out OK.


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