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Main Area => General GS500 Discussion => Topic started by: Unnamed on June 12, 2006, 01:04:23 PM

Title: Tough call- Money issues
Post by: Unnamed on June 12, 2006, 01:04:23 PM
So I've been looking at GS's for a few months now and I definitely want one, but I'm having trouble finding them for sale within my price range. As a broke college student, my budget for a bike is only about $2000, and less would be better. At that sort of price I can't really find any GS's. So, knowing my budget, would you recommend trying to hold out and find an old, heavily used GS or would you suggest broadening my search to include almost any standard/ sport bike under 70hp and $2000? I can find EX500s occasionally and some Katana 600s, and while I don't really want to start on them I'd rather be riding something I don't like as much than nothing at all.
Title: Re: Tough call- Money issues
Post by: My Name Is Dave on June 12, 2006, 01:29:05 PM
Oh boy, $2K may get you a bike, but there's a lot more that will come your way for expenses. Gear, maintenance, and so on will cost a fair amount also, so I can't really tell you what I would do. Other than keep saving for a little while.

Regardless, good luck.

Dave
Title: Re: Tough call- Money issues
Post by: TragicImage on June 12, 2006, 01:35:44 PM
Be Stingy with your money.


The right deal will always present itself.  Be Patient.

Don't settle for something you don't want, just cause its there.
Title: Re: Tough call- Money issues
Post by: RVertigo on June 12, 2006, 01:40:29 PM
++ on the gear...

Minimum gear:
Then you have:
THEN!!!

When you get a used bike for cheap, there's a reason...  Will it need:
And before you even ride the thing...  Do you need MSF?  MSF in WA is $240...  

AND!!!

The cost of licensing the bike in your name...

You're looking at a minimum $500 investment, not counting problems the bike might have.
Title: Re: Tough call- Money issues
Post by: BaoQingTian on June 12, 2006, 01:47:34 PM
I got my '92 a few weeks ago for $900.  But...I've had to shell out about $300 in parts- a new rear tire, chain and sprocket set, carb rebuild kits, hoses, oil change, clymer manual, fork seals, and various other maintenance items.  I already owned the tools, so that didn't cost any extra, but figure you'll need a decent sized metric socket set and wrench set just to get started.  

I have spent about 20-30 hours of wrench time on the bike spread over a couple weeks, but that's really just a weekend if you're single and don't have to spend time with your family.

So anyways, if you're buying a used bike from the 1000-2500 dollar range, I'd be prepared to budget about $500 in maintanence (if you do it all yourself).   Also, don't be afraid to try to talk people down.  The bike I bought was listed for $1500, he was willing to go down $600 and deliver it 200 miles for $50 more.  Craigslist, ebay, word of mouth, and local classifieds are your friends.  Good Luck!

Edit: Sorry for slow typing...doubleplusgood to what he said above.
Title: Re: Tough call- Money issues
Post by: RVertigo on June 12, 2006, 01:57:14 PM
Quote from: BaoQingTian on June 12, 2006, 01:47:34 PMI got my '92 a few weeks ago for $900.
Great deal...  I got my '01 for damn cheap and had to do the same sort of stuff...  New tires, valves (two were burnt), chain (rusted and stretched), sprockets (looked like chewed up saw blades), rear brakes, air filter, replaced the bent bars, semi-broken mirrors.

Except that I don't have the tools, talent, time, or location to do the work myself.  :mad:  I had to pay someone else...


And there's a whole bunch of other crap I still need to do to it...  (I'm just lazy, broke, and stupid :oops:).
Title: Re: Tough call- Money issues
Post by: BaoQingTian on June 12, 2006, 02:38:11 PM
Don't sell yourself short on the stupid thing man.  If the guys down at the garage can do it, then you can too (for about 90% of the jobs that don't require really special tools or knowledge).  I've never seriously wrenched before.  Most advanced thing I've done was put a CAI on my car a few years back. 

I was nervous about the very 1st thing I tackled with the GS- cleaning the carbs.  But with the manual, and this board, it wasn't too bad.  I did it again 2 weeks after that when my rebuild kits came, and it only took me a fraction of the time it did the first time.  It's really a great bike to learn on- both wrenching and riding.
Title: Re: Tough call- Money issues
Post by: Queso on June 12, 2006, 04:23:26 PM
I was looking for a bike in the same range, ended up getting a good shape 2000 GS for $2k. After registering it, paying for MSF, buying a full set of gear, buying several new tools, several new parts, and getting a new tire, and getting a few extra goodies for it, I had about 4 grand into it all together... I sold my car to get a bike, though. DEFINITELY worth it. Wouldn't trade back for nothing.

I've never worked on a bike before in my life, though I did a little maintenance on my cars, and a bit of electric work (not going to even try putting a sound system on my bike...) And the GS is real easy to work on once you get past seized bolts :mad: I don't think you could really go wrong as long as you find one that runs and just tune it up.

Title: Re: Tough call- Money issues
Post by: Phaedrus on June 12, 2006, 04:38:59 PM
Are you in Chicago now or around here? If you are around here, I can keep my eyes open. I've heard Pastrami mention a few times she sees them down toward the city for good prices; well within your range. So it can be done. I wouldn't buy something you won't be happy with, though. I bought my '04 brand new, and I am still happy with it. The "you will outgrow it" is only if you need high speed acceleration in straight lines or you are a serious track junky or something.

Keep your eyeballs on craigslist, too. I saw one on there the other day priced reasonably.

I don't know about Chicago, but if you ride in NY, you don't NEED the MSF but you do need a class M. The MSF is around $300, last I knew, FYI. Insurance is another consideration. And if you get one around here, I'd be willing to lend whatever knowledge I have to help get you up to snuff.

And +1 on what RVertigo and TragicImage said.  :thumb:
Title: Re: Tough call- Money issues
Post by: corndog67 on June 12, 2006, 08:28:00 PM
Sit back and wait, with money at the ready.  Sometimes, people will be really, really hurting for money, and if you come along at just the right time with some green at hand, you can get killer deal.  I also watch tow truck company lien sales, and repossession sales.  The deals are out there, you just have to look for them. 
Title: Re: Tough call- Money issues
Post by: makenzie71 on June 12, 2006, 08:30:44 PM
jesus $2k should get you  great GS.  If you can't find a GS, let me know...I can find you even more EX's.
Title: Re: Tough call- Money issues
Post by: GeeP on June 12, 2006, 09:39:14 PM
$2k bought me a 96 GS pre-modded just the way I wanted it and paid most of the cost of custom leathers to boot.  It took a year of waiting in the shadows, but it was worth it.  Sit back, relax, watch the papers, craigslist, the board.  Hold on to your cash and wait for a deal to come your way.  Don't get in a rush!

RVertigo's figures are good.  There's a whole lot more to motorcycling than buying a bike...

Welcome!
Title: Re: Tough call- Money issues
Post by: hmmmnz on June 13, 2006, 12:53:50 AM
the katanas and bandits are good bikes also, id broarden your search a little, dont get a smelly ex. stinky twin shock dog that they are you could also look into a 4 cylinder 400 most of them are generly quite good bikes if not harder to work on than the gs. id try to go for some thing with no fairings, as it makes it easier to work on. and every one loves a street fighter :icon_mrgreen:
good luck
Title: Re: Tough call- Money issues
Post by: shik on June 13, 2006, 02:27:26 AM
Quote from: RVertigo on June 12, 2006, 01:40:29 PM
++ on the gear...

Minimum gear:
    Helmet ($150 - $300+)
    Jacket ($100 - $350+)
    Gloves ($60 - $150+)

Then you have:
    Boots ($50-$200+)
    Pants ($80-$250+)

THEN!!!

When you get a used bike for cheap, there's a reason...  Will it need:
    New tires? ($250+)
    New Chain && Sprockets?  (I forgot how much)
    Other maintenance?  (Depending on problems...  $40 - $1000+)

And before you even ride the thing...  Do you need MSF?  MSF in WA is $240... 

AND!!!

The cost of licensing the bike in your name...

You're looking at a minimum $500 investment, not counting problems the bike might have.

Hehe, yeah. I hadn't thought of that when I bought my bike - and damn, did I get surprised.

I was lucky though - I only had to get a helmet and new reartire and pay 70$ to transfer it to my name. The rest was already taken care off.

I would say to wait for a bike - or be aware of "unforseen" expenses. They always seem to come with used stuff.   :dunno_white:
Title: Re: Tough call- Money issues
Post by: hmmmnz on June 13, 2006, 04:10:03 AM
man all you guys get shafted on prices, i can get a gs over her for under £500 cost like £2 to change ownership over, a brand new helmet for under £50 a armoured jacket and pants for under £100, but i find the pants frustrating and only wear them if its raining. so all up over here you can be blasting around for under £650 about $1200 and thats if you really cant be bothered searching for cheaper deals or buying second hand stuff.
Title: Re: Tough call- Money issues
Post by: Kasumi on June 13, 2006, 04:52:49 AM
Well having just bought a bike i was on a tight budget - thankfully i already have gear but in desperate need of some new stuff however it will have to wait.

I looked at getting a GS but i really wanted an 04+ and that came right to my budget of £2k without a restrictor kit/insurance or whatever. Getting demoralised i kept looking around - SV's were good but i wouldn't suggest to anyone with no riding experience. They were about 2K and didnt have the finish issues of the GS's. I went to a motorcycle dealer to look at the bikes and talk to the guys there and fell in love with a bike they had in for service. A zxr400. Old - yes, but modern. It must have been the absolute edge of motorcyling when it came out meaning it was still fairly top these days. I bought one thru ebay after test riding for 1K! 15 years old yet, 4 cylinder 4stroke, USD forks, fully adjustable all round suspension all sorts of trick bits at standard. Plus the one i bought had a custom paint job and polished frame and swingarm and powder coated wheels! Fantastic deal. The only work ive had to do is oil and filter change, gearbox oil change, sparkplugs were lovely and clean, its just had new sprokets and chain and sport demon's front and rear. Its beautiful and damn cheap. If you can get a 400 over in america i would heavily suggest it - try ebay. They are all imports from Japan, usually 99.9% of the time have had conversion kits already fitted. They are wonderful. It puts out 65bhp so more than the GS for half the price. Plus styling is so modern people keep asking me if its a brand new one  :icon_mrgreen:
Title: Re: Tough call- Money issues
Post by: hmmmnz on June 13, 2006, 05:30:50 AM
i had the zxr 400 as well brilliant bike to have when your 16, i thought i was so cool, got to love nz motorcycle laws.  :thumb:
Title: Re: Tough call- Money issues
Post by: Kasumi on June 13, 2006, 06:52:33 AM
You were allowed one when you were 16?!?! bloody hell lucky sod. I have to have it now im 17 and still have to have it restricted but i think il just rip it out after half a year or so. Why did you (hate to say it) but downsize to a GS?
Title: Re: Tough call- Money issues
Post by: Unnamed on June 13, 2006, 12:16:21 PM
THe $2000 price I gave counts for the extras. In reality I can spend closer to $2500 and I'm planning on putting the extra $500 into gear and other expenses. In Illinois the state pays for the MSF (equivalent) so that baby is free at least. I found this 2002 on ebay ending tonight and if the price doesnt go too high I'm seriously considering it. The price seems a bit low now, does anyone have any helpful input? The auction looks a bit sketchy but I don't mind putting in some wrench work if I can get a black, unfaired bike for less than 2k.

http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1,1&item=4648709948&sspagename=STRK%3AMEWA%3AIT
Title: Re: Tough call- Money issues
Post by: Kasumi on June 13, 2006, 12:20:50 PM
Look's good to me. However reserve hasnt been met so see if you can get him to tell you what it is. if its low enough download auction sentry use the free trial. www.auctionsentry.com

Use help files to work out how to use it. Put in your max bid and let it do its magic.
Title: Re: Tough call- Money issues
Post by: common sense on June 13, 2006, 02:23:03 PM
let's not forget about insurance...
Title: Re: Tough call- Money issues
Post by: RVertigo on June 13, 2006, 05:35:40 PM
Bike looks alright...  But, it's hard to tell with the small pics...

It's been down at least once... Maybe more.  :dunno_white:

If you can afford it (and all the other crap), then get it.  :thumb:
Title: Re: Tough call- Money issues
Post by: NWDave on June 13, 2006, 05:41:13 PM
Quote from: RVertigo on June 12, 2006, 01:40:29 PM
MSF in WA is $240...  

While TEAM Oregon training is cheaper, $95 for three day class that waves all tests if you pass,  the kicker is to get a new licence it costs some 60 odd dollars, well then you have to pay for each endorsement.  It ended up costing me $127 for my freaking licence.. talk about a rip off.
Title: Re: Tough call- Money issues
Post by: RVertigo on June 13, 2006, 05:42:27 PM
They always find a way to get ya'.  The $96 tabs are what killed me...  Not like my little moto screws up the road.  :icon_rolleyes:
Title: Re: Tough call- Money issues
Post by: sanjay on June 13, 2006, 06:04:57 PM
I was in the same position.  College student, barely any income, and my parents weren't going to help me pay for any of it.  I set aside about $2k like you did and looked for deals.  Craigslist was the best, but it's also much better in the bay area than in some places.

For $800, I ended up getting a '92 with 54k miles on the frame and 32k miles on the engine.  Former owner was a bike mechanic who used it for commuting, did all his own maintenance, and kept it in good condition.  Only problem was that it's dirty and not the prettiest thing to look at.  No dents, but just very dirty with faded paint.  He threw in a spare oil gasket, fork seals, fork oil, haynes manual, oil, and windshield.  I also spent almost $800 on gear:

$330 on helmet
$200 on jacket
$70 on gloves
$160 on pants and boots from craigslist

In the past two years, I've spent:

$60 per year for registration
$130 for a new rear tire after I got a nail in the old one
$45 for new camchain tensioner
$30 for carb rebuild kits
$70 for new brake rotor
$30 for new battery
$40 a month for insurance (state farm, liability and uninsured motorist only)

So it's possible to fit things into your budget.  Just keep an eye out for good deals and don't buy the first thing you see.   The one on Ebay looks good, but I'm always wary of buying vehicles that I haven't looked at first.  As far as post-purchase wrenching goes, avoid a bike that makes you put more time into fixing it than riding it, as that really spoils the fun.

Best of luck!
Title: Re: Tough call- Money issues
Post by: hmmmnz on June 13, 2006, 06:05:23 PM
Quote from: Kasumi on June 13, 2006, 06:52:33 AM
You were allowed one when you were 16?!?! bloody hell lucky sod. I have to have it now im 17 and still have to have it restricted but i think il just rip it out after half a year or so. Why did you (hate to say it) but downsize to a GS?
lol. i had a rgv250 when i was 15 when i got my learners licence that had almost as much balls as the zxr. we only get limited on cc rating, 250 being the max size on a learners.
on my 16th bday i got my full and could ride anything i wanted. brilliant :thumb:
Title: Re: Tough call- Money issues
Post by: Kasumi on June 14, 2006, 02:30:50 AM
SOB I had to have a crappy 50cc at 16 which im fixing up to sell. Thankfully i spent the extra money and got a greared one which would do 65mph better than any of the other 50's around here. Now ive gone onto my zxr which has to have a 33bhp restrictor kit fitted that i might just wave past due to the fact that it costs £170 to buy (fair enough only one company makes them in the UK FI Internation) so i don't mind paying that but i am capable of fitting 4 bloody washers on the carb intakes. Yet for legal reasons it has to be fitted by a garage who say its going to take them 4 hours!! and charge me £320 for the privilage. Its so annoying it's like since you have to have it fitted by us we are going to rip you off on this one.
Title: Re: Tough call- Money issues
Post by: Unnamed on June 15, 2006, 09:01:05 PM
So the bike I was watching earlier jumped up to $2100, but then this baby (http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=4651171334&rd=1&sspagename=STRK%3AMEWA%3AIT&rd=1) showed up on ebay with a 1200 buy it now so I jumped on it. It looks like its in good shape, the guy says its been sitting for a year but starts up ok, so I think a little basic maintenence should be enough to get me rolling. I'll get pictures when I pick her up!
Title: Re: Tough call- Money issues
Post by: RVertigo on June 16, 2006, 12:52:16 AM
Friggen SWEET!

Now do yourself a favor and pick up some 2nd Gen SV mirrors and huck those old black ones in the trash.    :thumb:
Title: Re: Tough call- Money issues
Post by: Phaedrus on June 16, 2006, 05:33:09 AM
Huck? Is that a Seattle word?  :dunno_white:  :icon_razz:

And yes, congrats on the bike!
Title: Re: Tough call- Money issues
Post by: RVertigo on June 16, 2006, 12:57:57 PM
Quote from: Phaedrus on June 16, 2006, 05:33:09 AMHuck? Is that a Seattle word?  :dunno_white:  :icon_razz:
Maybe a California word...  :dunno_white:  Maybe a Tennesee word...   :dunno_white:  I've been saying it for a long time...  You know...  I never realized that it wasn't a common word.  :laugh:  "That guy just hucked a rock at me"  Sounds right to me. :icon_mrgreen: 

Huck == Throw or Toss, as in to throw away. http://www.doubletongued.org/index.php/dictionary/huck/

It's also used in certain sports for jumping stuff or pulling a trick in the air...
http://www.urbandictionary.com/define.php?term=Huck
http://www.boomboomhuckjam.com/

Boom Boom Huck Jam!!  (Must be a Cali word...) :icon_mrgreen:
Title: Re: Tough call- Money issues
Post by: Phaedrus on June 16, 2006, 06:25:21 PM
Here in redneck NY, we do say "chuck". Like, "Chuck that milk, Homer, it has chunks in it" or "I chucked a rock at him and it whized his head". Huck = Chuck
Title: Re: Tough call- Money issues
Post by: veeref on June 16, 2006, 07:43:45 PM
Quote from: Unnamed on June 15, 2006, 09:01:05 PM
So the bike I was watching earlier jumped up to $2100, but then this baby (http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=4651171334&rd=1&sspagename=STRK%3AMEWA%3AIT&rd=1) showed up on ebay with a 1200 buy it now so I jumped on it. It looks like its in good shape, the guy says its been sitting for a year but starts up ok, so I think a little basic maintenence should be enough to get me rolling. I'll get pictures when I pick her up!

For a '96, that bike looks to be pretty clean.  Definitely low miles. I personally like the charcoal frame. How do you plan on getting it to NY?
Title: Re: Tough call- Money issues
Post by: Unnamed on June 17, 2006, 12:33:41 PM
Well I'm in Chicago for the rest of the summer, so I figure I'll learn to ride it here then ride it up. I think I can do it in one day, I'll just hold it close to 100 and the trip will only be like 8 hours  :)

Actually I'll probably rent or buy a trailer and tow it behind my minivan. Actually I did have a question about picking it up, its about 300 miles away so I'm gonna be driving my dad's contractors van out and putting it in the back (its a Chevy 1500 or something). There are plenty of holes for tiedowns in the back, but how would you recommend tying it down? I'm thinking of putting it on the centerstand and tying down the handlebars and wheels, but frankly I don't know anything about tying down a motorcycle.
Title: Re: Tough call- Money issues
Post by: Kasumi on June 17, 2006, 02:38:27 PM
Put it on the centrestand, anchor the front to the back of the cab so it doesn't slide back. Then i would tie down the wheels. And finally i would put one up and over the seat, just for those big bumps you might meet.
Title: Re: Tough call- Money issues
Post by: NiceGuysFinishLast on June 17, 2006, 03:03:38 PM
When I picked mine up (in a pickup) I put one around each side of the handlebars, and two (one to each side) from the bungee strap in the back. That way there's four points of tension, and they all pull against each other, to keep the bike stable. Just my $.02. My bike made the 2 hour trip from Miami just fine.
Title: Re: Tough call- Money issues
Post by: scottpA_GS on June 17, 2006, 03:43:38 PM
Dont put it on the center stand.. leave it on the side stand the wheels will help it balance better... Larger surface..and the weight is distributed better