Originally Posted by
beertestr
Wait till you get to tires. I watched a few youtube vids, bought a Harbor Freight bead breaker when it was on sale, some tire irons (3), made a balancing stand out of Home Depot parts and did the tires on my Triumph myself. Total cost was less than $50, and I keep the tools. I even went and got the car tire sized bead breaker too, and mount my road course and drag slicks myself now. In the last 2 years, it's saved me $100's..
The key to an older bike is to have a really good idea what the repair costs will be (part cost not labor). Picking a good running bike for $500 can be a screaming deal, but if it needs brakes, tires, brake lines, etc, the part cost can get out of hand in a hurry, labor not included. I just picked up a CB360 from a friend of mine last weekend. It kinda ran, is 110% complete(spares from a parts bike), and is in pretty decent shape. The cost of entry was low and the Cafe racer/bobber guys love these bikes, so if the wife decides she doesn't want to learn how to ride, I can flip it. If she has a mishap learning, it's a throw away.
Regarding re-jets. Re-jetting is really easy, on most CV carbs the main jet is easy to access, and usually, the needle on the slider is retained by an E-clip, and the needle may have several grooves for the clip. Move the clip down the needle to fatten the mixture. Done. It'll take you longer to pull the carbs than it will to re-jet. If you did the forks, the jetting is a piece of cake.
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