Is a value question allowed?

Brought it home today for $1000. 1977 Standard needing love. I'm done now!

Bought not running, no battery, carbs have new floats but not attached, slight rip in seat, good but old tires, original airboxes need new foam.

Sissy bar. crash bars will be removed, Special handlebar will be replaced with normal handlebars. Will eventually find a spoked front wheel.
Attaboy! Told ya, show up cash in hand ready to deal and good things have a strong likelihood of happening! I think the $1K was the right price. As a point of comparison, there is a fully rebuilt, restored, totally stock XS1B for sale in the Montreal area. It started out at at $5200 and is now down to $4000. There is no way you could replicate it for $4K unless you were starting out with a very clean original to begin with.
 
Attaboy! Told ya, show up cash in hand ready to deal and good things have a strong likelihood of happening! I think the $1K was the right price. As a point of comparison, there is a fully rebuilt, restored, totally stock XS1B for sale in the Montreal area. It started out at at $5200 and is now down to $4000. There is no way you could replicate it for $4K unless you were starting out with a very clean original to begin with.
Willing buyer/willing seller syndrome. I am certainly not a "turn around " buyer or would quickly be de$titute. The way I do it I will be slowly de$titute... ;)
 
A buddy almost talked me out of it. He was talking about our poor economy and how nothing is selling well. He's seen some prices on cars and bikes dropping by half from asking prices a year ago. He's a mechanic that does motorcycle safety checks at a Canadian Tire. He told me that there are new government regulations coming and that most garages will stop doing motorcycle safeties because of it. It's going to get harder to get those for the bikes we're fixing up. But the heart wants what the heart wants.
 
A buddy almost talked me out of it. He was talking about our poor economy and how nothing is selling well. He's seen some prices on cars and bikes dropping by half from asking prices a year ago. He's a mechanic that does motorcycle safety checks at a Canadian Tire. He told me that there are new government regulations coming and that most garages will stop doing motorcycle safeties because of it. It's going to get harder to get those for the bikes we're fixing up. But the heart wants what the heart wants.
Good thing he failed! My Ontario friends tell of a thing they call a "dirty certy". Seems to be a prevalent solution to certain problems.
 
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