Are goldwings really made of gold?

Discussion in 'Old's Cool' started by datchew, Dec 2, 2010.

  1. datchew

    datchew Don't buy from Brad

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    Educate me here folks. No agenda here, just really curious due to recent sale sightings.

    They're goldwings. Some call them fatwings or deathwings due to the semi-comatose octagenarians riding them that are often more dangerous than soccer moms in Explursions while texting.

    But besides all that gross negative generalization, what makes people think they're made of gold?

    I see these 1970's fat... er, *ahem*goldwings on craigslist and people want $3k for them. Sometimes more!!!

    Are they really going for these prices?
    #1
  2. ozmoses

    ozmoses Ride On

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    actually a guy I know has a naked/cafe 70's version; all you see is motor. Never ridden one but understand they actually handle well.
    #2
  3. rufusswan

    rufusswan Been here awhile

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    I've heard nothing but good things about them for touring bikes. Honda quality, et al, and the earliest kinda naked models were rather simple machines compared to later models.
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  4. Jasper ST4

    Jasper ST4 Guest

    Have you checked the price of scrap metal lately? Do the math.
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  5. Scratch33

    Scratch33 Fugawi?

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    The original GL wasn't envisioned as a luxobargetourer. It was only when owners started cribbing Vetter fairings and hard cases onto 'em that Honda said "Hmmmm...."
    #5
  6. wirewrkr

    wirewrkr the thread-killer

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    The early models had lots of problems. Alternator stators go bad and unfortunately they are inside the engine and the engine has to be removed to replace them. A real mo-fo of a job. Same goes for the starter "sprague" clutch and the carbs, if the bikes sit too long. They are interesting bikes though. I bought my first one for $100.00 and it was just a parts bike.
    I bought a runner, (a 1976) for $300.00 from a dealer because they couldn't find the voltage draw that was killing the battery. I had it home for 3 hours and fixed it by correctly wiring up the Dyna ignition.
    It was a fun bike for a while kind of bobber.
    I sold it to a guy visiting from Germany who wanted to tour all over California, which he did. Before he went back to Germany, he called and thanked me for selling him the bike, which he said performed flawlessly.
    I think I sold it to him for $650.00.
    $3 k is just rediculous.
    #6
  7. Scratch33

    Scratch33 Fugawi?

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  8. Jack Daniel

    Jack Daniel See Ya At The Swamp

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    In 1980 I purchased the first factory full dressed GW Interstate delivered to Orlando

    It has 28000 miles on it and has always been garaged kept

    How much would you give me for it? :1drink

    I'd really like to beef-up the suspension and dual sport it :lol3
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  9. Jack Daniel

    Jack Daniel See Ya At The Swamp

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    Oh...

    And in 1980 it cost $5K
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  10. datchew

    datchew Don't buy from Brad

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    Aluminum is currently going for just over $2200/ton which is just over $1/Lb. not that you could get that price for 5-600 Lbs.

    Plus, the bikes most likely are more steel than Aluminum (aluminium for you Brits) which knocks the price down even more.

    So with conservative estimates and assumptions that these beasts are mostly steel, I'm thinking about $300-$400 would be the scrap value.
    :deal
    #10
  11. DaveBall

    DaveBall Long timer

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    I don't see why the old Lead Wings, oops I mean Gold Wings can't be worth $3K or even a little more. There are some very nice examples out there that have been well taken care of and should go for a good price. Heck, lots of other brands of that age are going for around that and much more.

    Basically, it is simple economics. The bikes are only worth what people are willing to pay for them. If they are selling for $3K or more, then that is the current market price.
    #11
  12. Mista Vern

    Mista Vern Knows all - tells some.

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    There's a 78 model in the PDX CL for $900.00 so that is not bad. No crap on it, just a naked bike. Looks kinda nice.
    #12
  13. Waco

    Waco Renegade Sickle Hound

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    Asking prices of Japanese bikes in general from the 70's and 80's seem high to me because I remember what they went for when I used to read Cycle Trader religiously in the late 80s/early 90s. But, the value of the dollar has changed and some of those bikes have become collectible.
    #13
  14. datchew

    datchew Don't buy from Brad

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    ok, that kinda makes sense.

    Not knocking them or anything, I was just curious if they were one of those hidden gems that just didn't catch my attention or if it was just a few boneheads trying to upsell something.

    Seems to me that older bikes only get expensive if they're rare, quirky or revolutionary, famous for some historic event or happening, have a cult following, or something similar. I just don't think of goldwings as fitting any of those categories.
    #14
  15. JWhitmore44

    JWhitmore44 pistolero

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    A 70's wing should sell for anywhere from $500 to $1500 for a really nice specimen. An 80's can run you anywhere from $1500 to $3500 depending on the model and the shape. Millage doesn't usually come into play that much as a low millage bike can mean a lot of work for the next owner.

    The full dress ones had two trim levels, the interstate and the Aspencade. The Aspencade having more bells and whistles. There were also two fuel injected models, the LTD and the SEi, these will sometimes get a little higher price. The 1984 GL1200 Standard can bring a little more money since it was a one year one off type of thing.

    The naked GL1000 and GL1100 were pretty sporty in their day (still are) handle well and nice power. The full dressed GL1100 and GL1200 still have nice power and handle well but they are heavy. This makes them great for long haul bikes. The motors aren't stressed and therefore will give 200k miles of service with out much work. Letting them set causes the most problems. If you let those carbs get gummed up you have 4 to clean.

    My wing had more miles and less problems (no problems for me) than my R90 had. The whole stator issue gets a little blown out of proportion. The 1200's were probably the worse but they would still typically go 30k to 60k miles before the stator would go out. If you caught the culprit (the stator wire plug) quick enough the stator would last better than 100k. The 2nd problem was some third party stators that wouldn't last very long once replaced. You do have to pull the motor to replace the stator and most say that after the first time it only takes about a days work to pull the motor and have the new stator in. Probably a little more time than replacing the rear seal on an airhead :)

    Oh, yea, whats with the comment about no agenda yet the comparison of most wing riders to "soccer moms in Explursions while texting". Those older wing riders may be a little slower, but more dangerous? You been talking to zoomsplat jockeys that aren't sure of their manhood? :D
    #15
  16. JWhitmore44

    JWhitmore44 pistolero

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    Well not rare as there were lots built. Some what revolutionary, a large, comfortable, low maintenance, long distance tourer designed for the expanses of North America?

    A cult following? maybe close :)
    http://www.goldwingfacts.com/
    http://www.ngwclub.com/


    But bottom line, a 70's wing for $3k? It better has some real gold on it :lol3
    #16
  17. anonny

    anonny What could go wrong?

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    The insurance company just paid out a buddy that was hit and totaled his 80's something wing with 62,500 miles.... he got 10 k for the bike and gear.
    #17
  18. bgoodsoil

    bgoodsoil Dare to be Stupid

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    I got a better question: why are you looking up goldwings!? shouldn't you be fixing that /2?

    I should be starting on those 350s in the next few weeks. After graduation I'm taking a few months off to wrench on bikes and bugs. I'll swing by sometime after the holidays. Heck I might take a 350 up there if I'm feeling crazy.
    #18
  19. lake_harley

    lake_harley Been here awhile

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    Barring any personal distaste for GoldWings in general, or for the type of riding they're built for, there probably aren't too many bikes that'll do two-up with packed bags comfortably, with a better bang-for-the-buck, than a $2000-$3500 well maintained 'Wing. Who cares that it probably would be 25+ years old. Try to convince my wife that she's more comfortable on anything but a Gold Wing...even bikes costing 2-4 times as much. We have a 14,000 mile '83 GL1100I. Beauty (value?) is in the eyes and wallet of the beholder.

    Lynn
    #19
  20. datchew

    datchew Don't buy from Brad

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    Oh I'm working on it. The house projects are DONE!!! :clap I've been working on the /2 for 2 days straight. Just haven't taken pictures or done any updating of the thread. You should come sample the new brew and check out the progress.

    I'm surfing at work and a couple expensive gold wings caught my eye so curiosity got the better of me.

    My chief engineer is a HUGE motorcycle guy. Does MSF coaching, races an Aprilia on the track, and rides a giant purple goldwing to work everyday. :lol3

    So they kinda got on my radar recently and the prices made me curious.
    I'm young enough to not feel secure being seen on one and old enough to look at them and say "damn, that looks really comfortable." :lol3
    #20