Finding my standard...

I'm going to look at adding a 2nd XS to my stable tomorrow. I found a '77 Standard in Bountiful Blue for a very reasonable price (IMO). Looks to be all stock except having taller bars added. There is some rust (spokes, shocks, bars) as he said he pulled it from a clean but unheated barn where is sat for some years. Claims to run good and not leak with just shy of 23k miles. The gentleman selling it is a retiree who fixes and flips bikes regularly. I have spoke to him over the phone a couple of times and have a pretty good feel about it. This one would be a straight clean up with maybe mild resto-mod. I have lots of extra parts on hand too help offset my costs. Fingers crossed that it will be as good in person as the pics i have seen. Biggest issue is (other than explaining it to my wife..) the incoming snow storm we are expecting tomorrow bringing anywhere from 4-8 inches. I am driving down (30 miles) on my lunch break to have a look and possibly lay some cash in his hand. I don't want this one to slip past me if its a good deal. Anything specific I should look out for while looking this one over?

 

I intend to. I have no problem walking away if I need to. My ideal bike would be a 75, but I’ve been watching my area for years and not had luck. I’ve learned so much with my 78 special project that I feel well equipped in knowing what this one will need. The down side of buying in this weather is not being able to rest ride. I’m just going to follow my gut instinct when I get there tomorrow.

 

I’ve actually already got a black star tank and some black side covers. Tank has some dents and scratches but is presentable enough for me as a rider. I personally don’t think 23k is a lot of miles. Especially given its 41 years old. When I opened up my 78 with 18k it all looked great, with the exception of the cam guide. I just honed it and put new standard rings in.
Attached is a pic of the potential purchase.

 

Since the picture I posted was taken, he said he’s replaced the tires, forks tubes (see rust in pic) and seals, points and battery. There are 2 busted spokes on the rear wheel, but those need changed anyway. As far as the price, let’s just see how the chips fall tomorrow.

 

Thanks Mailman, I have watched your thread since it started and have enjoyed it thoroughly. I fully expect there to be some issues at the price. It seems I may have let the cat out of the bag a little early. Several others know of the exact bike I am speaking of. If he sells it before noon today, then oh well and it wasn’t meant to be. I still have my tracker project that hasn’t been finished yet. If I buy this it will be a long term project anyhow.

Spectra, is your profile pic your current ride? I’d love to see some more pics of it.

 

Update.... I drove down and met him and gave it a good looking over. He had it on a lift table and I was able to give it a good inspection. There was significant rust on the frame, particularly on the welds. It could have been cleaned up, but would have been a big job and in my opinion really needed stripped and redone. The chrome was pitted and scratched from him trying to clean it up, as were the engine covers. There was evidence of a leaky head gasket at some point and was gummed up around the cam tunnel. Almost all the hardware was rusty, some of it really bad. The rims were straight and would clean up with some significant elbow grease, but the spokes were shot and a couple broken. Sheet metal was decent for a rider, but had a decent sized dent on the side. He had red-coated the inside. The one side cover had corrosion, likely from the battery. We took it outside where he started it. He had a new battery but didn't want to start. I gave the benefit that it is February and cold out. I made sure it was cold and not started prior to my arrival. Got it started but was only firing on one cylinder. A fouled plug. He had told me previously that he put new points in, but now the story changed and he just cleaned the old ones. He said there was maybe only 30 miles on the oil and plugs. Why is it fouling???? New plug in and it fired up. I rode it around the block and seemed ok. The clutch was a little soft, but I attribute that to sitting so long. After all this i made an offer. He was asking 1200. I offered a grand which he firmly said no. He told me he had another guy calling back at 3 to see if it was still available (tactic?). My gut was telling me to walk away, my greediness was saying to buy it. I was short on time and was trying to calculate in my head everything it would take to make this a presentable bike, and it was not adding up for me. Mailman's story was echoing in my head.... I walked away.

This bike is worth his asking price. Ultimately it came down to me doing the work to get it where I want it. Driving home I re-affirmed myself that I should really just concentrate on finishing the project I already have before diving into another mess. Will I kick myself for not grabbing it? Probably so! Of all the bad decisions and impulse purchases I have made in my life, it's time i start listening to my gut instinct. If anyone is interested, here is the craigslist add.

https://fortwayne.craigslist.org/mcy/6487003059.html

 

Yamadude, at $1500 i would have grabbed that one in a heartbeat too !!!! That is far better shape than the one I just looked at.