That's within the range I found when looking for my current bike last March.
I saw bikes on the "low" end of decent, meaning needing some new parts, with lower original miles from $2.5 K rough $3.5K less rough, up to around $7K / $8K for bikes that, while weren't absolutely pristene, were fine ridable presentable low milage examples that needed only minor cosmetics.
I eneded up finding a 7K mile MK2 850 for $3K plus transport costs that really only needed paint, and a few other cosmetic bits . I've got about $3.5K into it above the original price and it looks like a new bike and has all the latest "improved" parts.... electronic ignition, belt drive, head steady , new isolastics, alloy wheels, new rubber, new seat cover, new carbs. If it went up an eBay, I could probaly get $8.5 to $10K for it. But this is a keeper.
If your's will be a keeper, then it probably is OK to be "upside down" on it, that is, more on improvements than the bike is worth if resold.
Since I like to turn my own wrenches, I preferred to "buy low" . And even with all of the aftermarket/ new parts, the bikes value is still there.
The bike is easy to work on and really doen't take much time, unless you're doing a full restoration and painting/powdercoating everything in sight. Luckily I only needed to replace the fenders, headlampshell, seatcover and new paint to be a good runner / driver. The extra goodies weren't really required.
Best advice is to take your time and just don't buy the first thing that jumps out at you. Most if not all the ones you find will probably need a little TLC , unless you're willing to pay alot more for it to have already been done. Don't forget that there are ALOT of D.P.O's out there who's bikes may "look" good and are asking a high price, may be a bit hacked when you start digging deeper after you get it in your garage, and end up costing a helluva a lot more than you thought you'd be into it.
JD
jeffmack said:
Hey guys, What's a good price to pay on a 74 850 roadster. All original except for paint tank and cover to black and gold. Original carb, points, exhaust, wheels. Etc. hass 12k miles States chrome is in good shape wheels are good but not showroom. Which is fine with me. 6k?????