1968 suzuki t500 cobra

Discussion in '2 smokers' started by bringenufgun, Oct 3, 2012.

  1. bringenufgun

    bringenufgun Been here awhile

    Joined:
    Oct 9, 2010
    Oddometer:
    723
    Location:
    apparently halfway to motorcycle hell
    picked this up from a guy today who traded a conveyor belt for it. 9900 miles, rough, but it runs and is titled.
    [​IMG]
    [​IMG]
    #1
  2. MacNoob

    MacNoob piney fresh

    Joined:
    Jun 2, 2010
    Oddometer:
    1,954
    Location:
    The mosquito-y Center of Canada
    Nice. Why isn't it smoking? ;)
    #2
  3. dpforth

    dpforth no inline fours

    Joined:
    Oct 22, 2010
    Oddometer:
    507
    Location:
    YQQ
    Check the front hub for cracks (webs inside the drum).
    #3
  4. killfile

    killfile 49/50

    Joined:
    May 16, 2010
    Oddometer:
    355
    Location:
    SF, CA
    Are you going to come back to this thread and tell us how you flipped it on ebay or in the ADV flea market, like all your other bikes/threads?
    #4
  5. bringenufgun

    bringenufgun Been here awhile

    Joined:
    Oct 9, 2010
    Oddometer:
    723
    Location:
    apparently halfway to motorcycle hell
    oh the bike will be sold. ebay, cl, or some other web site. when i do i'll make sure i pm you so you can post it up.
    some members just like to see bikes you don't see everyday, thats why i post the pictures. i don't solicit leads from these postings, nor do i imply i'm going to bring them back to running condition.
    a lot of members on this site purchase motorcycles, then re-sell them just like auto/trucks, recreational vehicles, livestock, real estate, your neighbors riding mower you bought at his garage sale, etc.
    yep, i buy and sell a few, no secret.
    #5
  6. killfile

    killfile 49/50

    Joined:
    May 16, 2010
    Oddometer:
    355
    Location:
    SF, CA

    I believe that most of the people that fix, repair and up keep old motorcycles are like a loose knit family. If I had not been given some very kind free advice and been offered numerous bikes from charitable individuals, I wouldn't have the small collection that I have now (all of which I ride). Personally, I'm a little offended when I see individuals that go after exceptional deals, haggle to no end with sellers to get ultra low prices and then flip bikes for high prices.

    This thread is a perfect example of that, but thank goodness the bike is now in the hands of someone that is putting some proper work into it, rather than just flipping it:
    http://www.advrider.com/forums/showthread.php?t=772319

    In the 90s I bought about 15-20 bikes for between free and $300. I turned around and sold most of those bikes to people in my local motorcycle community for the price I paid, or for slightly more to cover my cost only. One of the last bikes I sold was a fairly amazing specimen that I had purchased for $300, with a number of problems. I took the bike completely apart, did some work, but didn't complete the bike before I decided to move to another state. I sold this bike to a young man that was trying to get started on vintage bikes with his first purchase. I sold it to him for $600, a fraction of what it was worth, but an amount that respected the price I had purchased the bike for, and who it was going to. When I returned home a couple years later, one of the local shop openers came and told me to my face that I had been silly to sell such a bike for such a low price, and that he had gouged every penny out of the poor kid to finish fixing the bike, to the extent of $2000. He was proud of how he had made money off a new individual into the community, I was horrified.

    I believe the interconnectivity of the web has grossly inflated the profit margin on vintage motorcycle, as well as the resulting prices. Personally, I think this is a shame, as I see this as people who put money above the love of motorcycles and above working to keep the local and global motorcycle communities alive. For every post like the Kawasaki Triple post, I feel saddened by people's greed and selfishness, but those that are motivated by money are not the types to care about my opinion. I guess I'll have to keep throwing free shows for my local community and trying to broker vintage motorcycle sales at reasonable prices. Anyone want a R50/2 at a reasonable price and promises to ride it instead of flipping it on ebay?

    YMMV.
    #6
  7. assquatch20

    assquatch20 Hoss Cat

    Joined:
    Jan 31, 2010
    Oddometer:
    1,136
    Location:
    Alpine, TN
    Ha, you bet I do! I don't know what a reasonable price for a /2 is though.
    #7
  8. bringenufgun

    bringenufgun Been here awhile

    Joined:
    Oct 9, 2010
    Oddometer:
    723
    Location:
    apparently halfway to motorcycle hell
    Rick Brett is probably the most knowledgeable and comprehensive collector/restorer/retailer of early kawasaki's in the world.
    ultimately that bike will be restored to concourse condition, then sold for a price that makes what i sold it for look like peanuts. or he may already have a buyer for it overseeing the bikes restoration. Rick does the same thing i do, just on a much larger scale. i buy 'em one at a time, a few a year.
    http://www.classickawasaki.com/
    http://www.classickawasaki.com/bikesforsale.htm
    i disagree with your statement that the internet has grossly over inflated a bike or a bike parts worth. i think its just the opposite.
    #8
  9. nachtflug

    nachtflug infidel

    Joined:
    Jan 23, 2002
    Oddometer:
    49,037
    Location:
    Harrys place
    given the condition of that bike what was he supposed to pay for it. that thing had more issues than bikes that are on ships sunken during WW2.
    #9
  10. Valleyrider

    Valleyrider I Survived The '60s

    Joined:
    Apr 12, 2007
    Oddometer:
    1,896
    Location:
    Idaho Panhandler
    Nice find!! Hope the crankseals are OK...
    #10
  11. killfile

    killfile 49/50

    Joined:
    May 16, 2010
    Oddometer:
    355
    Location:
    SF, CA
    Yes, thank god that bike is in Rick's hands now. He fixes them up and sells his work for a profit, which is very different than buy a bike and simply passing it along for 5x the price.
    I don't see how you can say the net has brought prices down. It has made parts more available and easier to find, but they are at a premium now. This price increase has filtered down to even the swamp meets out here, where every Tom Dick and Harry thinks the rusty parts they bring to the swaps are coated in gold.


    Vernon paid a low amount for the bike and then sold it to someone else for 5x the price, without doing a single thing to it. From this post, I'm assuming that's common behavior for him, hence my post.


    Valleyrider is right, good luck with the crank seals, and don't forget the 1400 cc improvement while you are in there.
    #11
  12. bringenufgun

    bringenufgun Been here awhile

    Joined:
    Oct 9, 2010
    Oddometer:
    723
    Location:
    apparently halfway to motorcycle hell
    i don't think its brought bikes or bike parts prices down, i think now their true value is now being shown in a world market compared to a local, regional or national one.
    Rick knew what i bought the bike for, he also knew its inherent value. i've bought motorcycles that i know people have bought for a fraction of what i paid them for it, but i wanted the bike. and like Brett, i sold them and made a profit.
    if you gauge your behavior in everyday life based on how much someone is making off you, i don't know how you survive. especially in san francisco.
    i'm familiar with the gear box issues inherent in the earlier t500's. it won't be an issue for me.
    #12
  13. nachtflug

    nachtflug infidel

    Joined:
    Jan 23, 2002
    Oddometer:
    49,037
    Location:
    Harrys place
    so based on that it's safe to say that if the original owner of that train wreck of an H2 had wheeled (assuming it rolls) the bike into Rick Brett's shop and said "what will you give me for it" Rick Brett would have given him exactly what he paid for it on ebay. get real Vernon isn't gouging anyone he came across a bike in need of serious help and sold it for what someone was willing to pay for it. it's not some starter like you "sold to people in your community for the price you paid" the bike is one of the later year H2's which were made in significantly less numbers than the earlier ones and are in serious enough demand to warrant what it brought plain and simple. your not very well hidden premise that Vernon is gouging people is bullshit.
    #13
  14. nachtflug

    nachtflug infidel

    Joined:
    Jan 23, 2002
    Oddometer:
    49,037
    Location:
    Harrys place
    buff it.

    [​IMG]
    #14
  15. killfile

    killfile 49/50

    Joined:
    May 16, 2010
    Oddometer:
    355
    Location:
    SF, CA
    #15
  16. XS500RUS

    XS500RUS Been here awhile

    Joined:
    Jan 23, 2008
    Oddometer:
    376
    Wow quite a nice little racket :rofl

    I bought a pair of inop T500s a month ago from a friend for $400, currently doing a low budget-restoration on the '75 and using the much rougher '70 for parts. I guess I can't blaim the guys that make a living off of flipping these things, whereas I'm a person with genuine interest in seeing the bike run and on the road. My friend sold the bikes to me at a 'below market' price because he knew the motorcycles would be put back on the road and respected (ie not hacked to bits and covered in checkerboard stickers).


    [​IMG]
    #16
  17. Shocktower

    Shocktower Long timer

    Joined:
    Jul 27, 2009
    Oddometer:
    9,535
    Location:
    Oregon City Orygun
    I totally agree, with you, and I think this is not a bragging forum, for what I got and gonna make a killing, yes we really like to see the old bikes, but we ( most of us) don't give a ratsass how big of a killing you made and all the money you are getting for the bike you aquired at a smoking deal. I got a great deal on my RD with low miles but I am not going to sell it, it is my dream bike since I was a kid. So if you scored a bike and are planning to flip for a huge proffit it we don't care :ear
    #17
  18. killfile

    killfile 49/50

    Joined:
    May 16, 2010
    Oddometer:
    355
    Location:
    SF, CA
    XS500RUS,
    PM if you need any help for that Titan. Do you have any of the 1970 T500-III bodywork? The S logos and the castrator rack are very nice touches to that year, but building up the 1975 is a much smarter choice from the stand point of the gearbox!
    #18
  19. XS500RUS

    XS500RUS Been here awhile

    Joined:
    Jan 23, 2008
    Oddometer:
    376
    Mine doesn't have a rack, the tank might be off of a different year bike. It's really rough cosmetically, painted primer gray with a white on the plastic tank cover :huh It's donating the headlight bucket, and some other odds and ends for the '75. The '75 has 36k miles whereas the '70 only has 8k. Both turn over freely and shift through the gears. I'll PM you as the restoration progresses. :deal

    EDIT: parts bike might actually be a '72, I misspoke earlier.
    #19
  20. petefromberkeley

    petefromberkeley -

    Joined:
    May 13, 2004
    Oddometer:
    3,294
    Location:
    Berkeley, CA

    I do! If you still have it, send me a PM. I'm right across the bay. I've wanted one of those for many, many years.
    #20