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There is so much knowledge and expertise on this board that you should be able to keep her running for many years to come...I vote keep!
Keeping the bike is a no-brainer. I think he is asking how to tell his Dad that.My sage advice If your Dad likes investments and safe bets; show him a picture of that Black MV floating in another thread, or an EBay "buy-it-now" for an original Ducati 900 SS, then tell him the Eldo will fetch that price one day.
You will never be able to replace "Your Dad's Motorbike", I would give my left nut to get one of my Dad's old Harleys.Keep it and restore it one day
Most dads are less concerned about 'reliability' than they are safety, and it is possible he is actually worried that an old technology, heavy bike with Italian designed drum brakes is more dangerous than a light weight disk brake bike with ABS. He is probably right if you ride the old one the same as you would a new one. I rebuilt an old ElDorado for my son & sure wish i could make it stopped better.
.... This is not Toyota level technology.
Guess my Dad is just going to have to get used to the idea of me keeping his bike. I really do love the bike and I can't afford two bikes so the Eldorado wins. Here is a before and after picture.Only thing I haven't done is rebuild the front forks. I'll have to do some research and see how to convert to disc brake. Thanks for your input guys.