I don't know Mike, with some of the trouble with the aluminum frames, and it had a trailer hitch and got hit. I would be leary about the welding he had done. Have someone that knows aluminum and knows the Goldwing frame. See if any of that stressed it out.
Make / Models : Model/Build Years:
HONDA / GL1800 2001-2004
HONDA / GL1800A 2001-2004
Recall Number: 05V027000
ON SOME MOTORCYCLES, CERTAIN FRAME WELDS DO NOT MEET MANUFACTURING SPECIFICATIONS. HIGH LOADS CREATED WHEN RIDING ON ROUGH ROAD SURFACES OR THROUGH POTHOLES CAN CAUSE THE AFFECTED WELDS TO CRACK.
THE WELDED AREA COULD BREAK, RESULTING IN REAR SUSPENSION COLLAPSE OR LOWER CROSS MEMBER SEPARATION, INCREASING THE RISK OF A CRASH.
DEALERS WILL INSPECT AND, IF NECESSARY, REINFORCE THE WELDS ON 2001-2002 MOTORCYCLES FREE OF CHARGE. ON 2003-2004 MOTORCYCLES, THE UNITS WILL BE REPAIRED, NO INSPECTION WILL BE NECESSARY. THE RECALL BEGAN ON FEBRUARY 9, 2005. OWNERS MAY CONTACT HONDA AT 1-866-784-1870.
HONDA RECALL NO. P66. CUSTOMERS MAY ALSO CONTACT THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION'S VEHICLE SAFETY HOTLINE AT 1-888-327-4236 (TTY 1-800-424-9153), OR GO TO HTTP://WWW.SAFERCAR.GOV.
I don't know much about welds and salvage titles, but I do know that is one beautiful bike...and at that price....it would be very hard to resist...At the price they charge for wind deflectors, it might be a good parts bike....just kidding...I couldn't resist...
Mike, I did have an 88 1500 and loved it. Except for the usual problems, it was a fine bike. I never had need of a warranty repair, it waited a few years before it stuck me with alternator brushes, fuel pump etc... nothing that major however. I wouldn't be afraid of a 2001 NOW. Any known issues are 'known' by now.
I'll bet he'd come down to 8 if he got an offer...