oldgoat Posted August 14, 2014 #1 Posted August 14, 2014 i went out to look at a honda cb360 so called barn find i should have took pictures. well i went to this farm house about 3o miles from my place got there went out to the barn there was a brown cb360 so he said? turns out it is a cb350. ok still interested as i had one at one time. ok story goes it ran 5 years ago before he parked it. tires have rot and flat stops from still in the same place on very low tires. gas tank was full but stank like varnish. so carbs are going to be torn down and cleaned? she turns over. brakes will need work. has chicken poop on it. has 4500 miles on it. i thought ok good winter project i offerd $500 thought that was fair? he said he wont let it go for less then $1200. sorry to say it is still there:rotf: he said he saw people pay way more for these LOL
CaptainJoe Posted August 15, 2014 #2 Posted August 15, 2014 i went out to look at a honda cb360 so called barn find i should have took pictures. well i went to this farm house about 3o miles from my place got there went out to the barn there was a brown cb360 so he said? turns out it is a cb350. ok still interested as i had one at one time. ok story goes it ran 5 years ago before he parked it. tires have rot and flat stops from still in the same place on very low tires. gas tank was full but stank like varnish. so carbs are going to be torn down and cleaned? she turns over. brakes will need work. has chicken poop on it. has 4500 miles on it. i thought ok good winter project i offerd $500 thought that was fair? he said he wont let it go for less then $1200. sorry to say it is still there:rotf: he said he saw people pay way more for these LOL From his view it's an antique man! The cb350's were made from 68 to 73... http://en.wikipedia.org/wiki/Honda_CB350 Sounds to me like you was the "Picker"... Not that there's anything wrong with that . I figure, If I can't get a price over the phone, I won't waste my time going to look at it. He could have said $5000 and that would have made you more angry... There are way to many people here in WV that state "price available on inspection" ... that's a red flag to me that says stay away...
oldgoat Posted August 15, 2014 Author #3 Posted August 15, 2014 I understand it is indeed an antique. nice bike I had one . but I thought to get this in to pristine condition it would cost some serious $$ as a daily rider it could be cleaned up for a fair price. new tires. carb work. battery flush that tank out. fresh fluids and brakes. complete tune up. maybe I was wrong? just thought I could fix it up and make a quick flip? was not looking to make a ton of $ on it. as you never get out of it what you put into with labor.
Freebird Posted August 15, 2014 #4 Posted August 15, 2014 I personally think you did the right thing by walking away. I love the old Honda 350s. I've owned a couple of CL350 Scramblers and it's one of my favorite old bikes. I bought one a few years ago that needed NOTHING. Very nice bike. I think I gave 1500.00 for it. Kept it a while and made a very little bit on it but not much. Here is a picture of it exactly as I bought it.
CaptainJoe Posted August 15, 2014 #5 Posted August 15, 2014 I understand it is indeed an antique. nice bike I had one . but I thought to get this in to pristine condition it would cost some serious $$ as a daily rider it could be cleaned up for a fair price. new tires. carb work. battery flush that tank out. fresh fluids and brakes. complete tune up. maybe I was wrong? just thought I could fix it up and make a quick flip? was not looking to make a ton of $ on it. as you never get out of it what you put into with labor. I agree... Even if you got it for $500 you'd have $1200 in it to get it in decent riding shape if you counted your labor... probably double that if you took it to a dealer... Just saying not to look at a bike if the buyer doesn't have a price ready...
djh3 Posted August 15, 2014 #6 Posted August 15, 2014 I agree. These picker type shows along with Barret Jackson type stuff have killed any deals anymore. Everybody that has a rusty old hulk prices it like it a family member becaus he saw one sell on tv for x amount. Crazy
oldgoat Posted August 15, 2014 Author #7 Posted August 15, 2014 now if it would have been that 4cyl one I might have went for his price. I too loved that old 350 I had. but back then living in MN I need a good running truck at the time. and I traded it for a nice 1964 f 100 pickup. and I wish I still had that old truck too.
Hoss Posted August 15, 2014 #8 Posted August 15, 2014 I agree ,Way to many people get a distorted concept of Value form the [NON reality ] shows and Media. Best buy is a done car or cycle form a Divorce or Estate Sale. That little Honda will bring a couple hun at that guys Estate Sale.
Venture n Dixie Posted August 15, 2014 #9 Posted August 15, 2014 Another one that makes me laugh is Antique Road Show on PBS. I wonder if the appraisers would be willing to actually buy that stuff for what they say it's worth.
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