Thoughts on bike trade....

[Whiskerfish]

Different places have different rules about them. Here in Virginia no thruways and only ride to and from club/ antique events and there is also a mileage restriction. Some places you receive a substantial break on Insurance by using them.

[tlbranth]

In Washington they're called Collector plates. The advantage is you don't pay for tabs each year. Insurance is unaffected.

[SnoBrdr]

Different places have different rules about them. Here in Virginia no thruways and only ride to and from club/ antique events and there is also a mileage restriction. Some places you receive a substantial break on Insurance by using them.

Ya supposedly you can only use them on Sundays and other restrictions here but no one bothers you if you sue it all the time.

You also don't need to get a yearly safety inspection, no idea why tho.

[Dirty Dave]

I'm paying $40 a year insurance for my Wing as a 2nd bike here in Canada (Quebec). The downside...... is $570 sumpin' per bike for plates. They get you either way.

[SnoBrdr]

I'm paying $40 a year insurance for my Wing as a 2nd bike here in Canada (Quebec). The downside...... is $570 sumpin' per bike for plates. They get you either way.

$570 just to register it?

You get nothing else for that ?

[Rednaxs60]

Dirty Dave probably only has a six month riding season, and the insurance is probably pro-rated such that if you were to cancel for the off season you wouldn't get any rebate, something like boat insurance. Every province is different, but you are stuck between a rock and a hard place up here.

No sense in dwelling on the specifics, just do what you have to to have as good a quality of life as you can.

Cheers

[Dirty Dave]

They hit sports bikes for more than twice that registration fee. As Rednaxs said, you do what you gotta do in order to ride. I'd own many more bikes if not for the greedy politicians. I know of one person from Montreal who gave her bike away to a friend in Massachusetts in order to be able to ride it once in a while. As Bruce Cockburn wrote, "The trouble with normal is it always gets worse."

[robin1731]

I think this thread has run it's course. No longer about what it was started for.

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[delling3]

Here in Michigan, a "historic" plate is available. According to the law, such a vehicle is "used only for historical club activities, parades, car shows, etc. and not for routine transportation". I think most cops don't really enforce this, but that is the law. Given this "intended use", I know that most insurers will give a significant discount on insurance.

[Nybz]

Proud excited new owner of a 1979 cb750 ltd.

Starting a Honda museum here pretty soon....they are starting to breed!

25k KMs, all stock. Going to keep it for collectors plates but give her a good go over. Seals, bearings, shocks, coils, gaskets, electrics, ss brakes, master cylinder, tires, battery, brakes, raandacks (sp?) carb kit. No more room at the house, so I rolled it into one of my greenhouses to rip it apart. Soon it's gonna be a frame and engine.

Still riding the goldwing and loving it, but it is up for sale, along with the Cm400t.

Thanks to everyone who has posted their ideas and knowledge, it has been fun learning along side everyone here.

[Old Fogey]

You are all quoting wildly different rates, but not what the coverage is for each of those rates. That must surely make a difference, although I know that different States vary considerably as Doug has told me.

Over here, various insurance companies will offer you:
Comprehensive - you, bike and everyone else involved more or less are covered for just about anything other than the proverbial 'Act of God'. That can get expensive. If you are buying new on the never-never, your finance company will insist on this cover.
TFT or Third party Fire and Theft - Just as it says, it covers anyone or anything belonging to someone else that you damage, the bike if it goes up in flames or if it's stolen. It does not cover anything appertaining to you or your bike in the case of an accident.
Basic 'Road Act' cover - simply Third Party insurance, nothing else.
Classic - which most of our old stuff before a rolling cut-off date can be insured under. This generally a cheap option but usually has a limited mileage clause in it, which most times is not a problem. But the payout is also limited. That can be mitigated by having 'Agreed Value' whereby you send full details of the bike, photos, receipts for the rebuild perhaps, or expert valuations. Obviously this puts the price up. This is what The Swan was insured under.( they argued the value, I sent them 172 receipts, they stopped arguing!)

Here you cannot put your bike on the road without paying the 'road tax'. You cannot pay that without insurance and the test certificate in place.

Wow. That's a lot of coin for bike insurance. Don't need it here if the bike is paid for and you wear proper gear.

So what happens in a your-fault accident? Presumably you put your hand in your pocket and pay out. But if you can't?

[flyin900]

If you are in Canada and you are young and not too experienced as a rider then you will pay dearly for insurance and the bigger the bike the bigger the premium. The CB750 isn't a Goldwing, yet it will be light years ahead of the CB400 in terms of power and smoothness.
Being a LTD model may pay you some dividends in the future, yet I wouldn't buy it with that in mind. The DOHC motors are a great motor and it is probably rubber mounted, as the later 80's models are and that helps quell any vibration a little more than the SOHC metal on metal motor mounts.
If you can get a good deal on insurance on the CB750 then I would consider it as a bike to ride.These old Wings are fun, yet quite costly in most cases to restore and fairly complex to work on too. They have a very limited upside potential in terms of making any money back from all the work and parts purchased to restore one IMO.
If you are older and an experienced rider with a clean driving record and a number of years of bike insurance then the best deal I have found is Dalton Timmis the broker and their Home for Chrome Vintage bike program. You will need to get each bike appraised and I have three bikes insured for full coverage with $1M medical and full appraised value for the bikes for $750. for all three.
Congrats on the new addition and it looks really clean for the year and low Klm's. Worth checking the the valve clearance as they are a shim on bucket design and tend to get neglected because of the cost in a shop to do the work back in the day. They will burn valves if left too long as the gap tightens over time with use and the valves can't fully close. If you need a FSM I have one for the CB900 series which are pretty well identical and can send you a copy by Google Drive. Just PM me with the request.