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Dear T140, I just did what you are considering. In August I bought a 98 GL1500 Aspencade. It too, had been sitting for a year or two. My thoughts were, have the carbs overhauled, new timing belts, bleed the brakes, change the plugs and I'd be good to go. First problem, I took it to a dealer that was suggested by the owner and later came to find out that this dealer wasn't much of dealership. They first took 6 weeks before they even touched it. Ok I get it...it was peak season and I wasn't a previous owner...I was low on the list. Because they were in a larger market (Front Range of Colorado) I thought at least they would do good work. Second problem, assuming they knew what they were doing. I have give some credit to them because before I took it in the bike wouldn't idle without choke. When I went to pick it up at least it would idle....albeit richly, with surging and leaking gas significantly. It was using gas at the rate of about 20 mpg. Because I was an idiot and the dealer was 225 miles from my home and they had take 2 months to get it done, I decided to take it home. What I found was that the petcock needed rebuilt, vacuum lines were still disconnected, the choke cable was loose from it's mounting point and the accelerator pump nozzles weren't squirting. After fixing all these things myself and running a couple cans of Seafoam through it, the bike runs much better.

The short answer to your question should you buy it? I'd say yes. But be prepared to be patient with the process of getting her back up to speed. You have all winter to get it done. Also, if you're not a little mechanical, it's essential to have a shop that will work on her. Its becoming more and more difficult to get parts and therefore find shops that will work on these older bikes. I nearly removed the carbs myself...but all the other issues seems to have fixed the problems. There's lots off support here and there, so doing some of the easier things yourself is very possible. Good luck!
 
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