imported post
I'd recommend giving it a pass. After sitting for eight years it's hard to know what it's going to need but it's very likely the rubber parts and seals are going to be pretty tired. If you have the tools and experience to totally go through the bike I'd offer $400 but not a penny more. My bet is that getting that bike roadworthy will require nearly $1000 in parts. Tires and tubes, battery, seals, brake overhaul kits, master cylinder rebuild kits, carburetor parts, and the list goes on. If you're ready to take that on it can be a very satisfying experience. I used to have a shop where I rebuilt and sold GL1100s. It took me awhile to get smart enough to know what to buy and what to pass up. My first rebuild project ate my lunch. I paid $600 for an '82 and ended up with about $1200 dollars in parts and pieces, paint and over 200 hours working on it. The final price I got for it was $1200. A real learning experience.
If you are more interested in riding a 'Wing than working on one I'd recommend looking for a decent running 1100. You could find one of those for less than that 1000 would take to bring up into shape. A bike that's been recently ridden is likely to be a better risk than one that's been sitting for a long time.