1983 Honda Goldwing Aspencade

[mcphersonpk08]

I have a 1983 Honda Goldwing Aspencade (Located in Lafayette Indiana). This is a rare bike that has just had a significant amount of work done to it. The following items have just been replaced, overhauled, or completed: rear master brake cylinder, front and rear brake calipers rebuilt entirely, rebuilt carburetors, new fuel lines, cleaned gas tank, rear shocks and front forks rebuilt, new valve cover gaskets, new exhaust gaskets and cleaning of pipes, oil change, coolant change, rear chain oil replaced, new fuses, a lot of new wiring (all lights working), new battery and new mirrors. I think that is all but may be more. Asking $7,000 OBO. Starts first time. Has 114,000 miles on it. I would like it gone ASAP as I do not ride, just merely fixing and selling for my parents. Title in hand. Contact information is mcphersonpk08@gmail.com or 937.403.7367

[autonoob]

Good luck with this sale.
I recommend that you create more ads on different websites for a wider audience.

[mcphersonpk08]

I currently have it on facebook marketplace. Where else might you recommend? I am open to offers on the motorcycle as I personally don't ride but now is the season for sure and I would prefer to have it on the open road not in my garage. If you think I am too high on price for all the new parts and labor please let me k m.j ow what would be reasonable as I merely took some advice from a local motorcycle shop on where to start. Thanks in advance.

[winguyjo]

while '83 goldwings are getting a little harder to find these days, i would stop way short of calling them 'rare'. there are many people here who have resurrected similar bikes to yours and have done all the work listed (and sometimes more) and in the end have a bike that is a tough sell at $2500. so, if you want an ASAP sale i think you are going to have to lower your expectations considerably. good luck.

[dingdong]

The only thing about that bike that is rare are the engine side covers. It it were mine I would remove them. They can cause an engine heat problem that can damage the stator. But since you are selling the bike I suppose it doesn't matter. And yes your price is about $5k to high. Early models of the gl1800 can be bought for 7k.

[mcphersonpk08]

Thank you for the input, I really can't go much lower than about $4,000 as that is what I have in it between purchase, parts, and labor. Any recommendations as to where else I might post a listing for it? Thanks in advance.

[WingAdmin]

Looking online, prices for 83 Aspencades range from $1500 to $3500, with a median at around $2200, with many of those having 1/3 or 1/4 of the mileage of your bike (most seem to be around 30,000 to 40,000 miles). I doubt you will find any takers at your asking price of $7,000 - as you can buy a decent GL1800 for that price.

Honestly, people don't care how much you spent on parts, labor and accessories, you can think of that money as "sunk cost" - it does not affect the market value of the bike one bit. The market will bear what the market will bear, and if there is another bike that is in similar condition, with far less mileage, for sale for $2200, you can guarantee that's the bike that they are going to buy.

[Solo So Long]

Another place to list it would be Craigslist.

I'm going to agree with WingAdmin regarding your pricing. The '83 was the best of the 1100s, but they are not rare, and can be found for much less than even your $4000 investment, much less $7K. I have an '83, been sitting for several years so needs TLC, btty and timing belts, that I will sell for $650, so that gives you an idea what a ready-to-restore is worth.

Your bike looks like it's in beautiful shape, so your best bet would be to get it (and the receipts for the work done) somewhere that people are admiring motorcycles, such as a rally, a hot-rod show-n-shine, etc. Ask around and you may hear of a good place to show it off.

The age isn't a problem, and 114,000 miles is only middle-aged for a Goldwing. But the bike shop was doing you no favors by suggesting that price (go to another shop and see what they have for $7K, and you'll see what I mean).

[Wilcoy02]

I got a bike and did what you did. All the upkeep to get the bike running in good shape. I would not hesitate to ride it across country.
I bought it to sell at $2500. I still have it after a year. But I do ride it. Along with my other wing. I have had it on craigs list, bike trader , and several other places.
The pandemic did hurt people's pocket book.

But your price of $7000 is way out of bounds. You can not recover what you put into these bikes. You just have to live with keeping these old gals running and enjoy doing the work on them, most times at a loss or maybe break even. Not for making any money on them.