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General Category => General Discussion => Topic started by: boatdetective on July 19, 2020, 07:13:02 PM

Title: Help with LM1 pricing
Post by: boatdetective on July 19, 2020, 07:13:02 PM
Hey folks- I've run across an LM1 that seems to be in good original condition. I'll need to confirm that. I'm assuming that it will need new jugs and all the typical long term stuff- but I figure that will be a standard winter project.  The owner is someone I know- good guy. He wasn't planning to sell the bike and really is more of a BMW guy. I don't want to take advantage of the situation, but certainly want a good deal. What would be a fair price?
Title: Re: Help with LM1 pricing
Post by: PeteS on July 19, 2020, 07:35:19 PM
Its got iron liners not chrome bores. May or may not need cylinder work depending mileage.

Pete
Title: Re: Help with LM1 pricing
Post by: Canuck750 on July 19, 2020, 07:44:05 PM
IMHO a high quality restoration, stock, factory correct bike, running as it should will be in the $17 ~ $20K range

A clean, unrestored machine that needs a complete going through I would value at $7 ~ $10K

Title: Re: Help with LM1 pricing
Post by: JJ on July 19, 2020, 07:50:05 PM
IMHO a high quality restoration, stock, factory correct bike, running as it should will be in the $17 ~ $20K range

A clean, unrestored machine that needs a complete going through I would value at $7 ~ $10K

That's a fair assessment and I agree 100% with Canuck750 :thumb: :cool: :wink:
Title: Re: Help with LM1 pricing
Post by: fotoguzzi on July 19, 2020, 07:50:52 PM
IMHO a high quality restoration, stock, factory correct bike, running as it should will be in the $17 ~ $20K range

A clean, unrestored machine that needs a complete going through I would value at $7 ~ $10K
agree here too but I'd start around $7k
Title: Re: Help with LM1 pricing
Post by: swooshdave on July 19, 2020, 09:38:40 PM
IMHO a high quality restoration, stock, factory correct bike, running as it should will be in the $17 ~ $20K range

A clean, unrestored machine that needs a complete going through I would value at $7 ~ $10K

Are those Canadian dollars?

This decent looking one when for just under US$16k.

https://www.mecum.com/lots/LV0120-402877/1978-moto-guzzi-le-mans/ (https://www.mecum.com/lots/LV0120-402877/1978-moto-guzzi-le-mans/)
Title: Re: Help with LM1 pricing
Post by: Cam3512 on July 20, 2020, 07:22:09 PM
Can't really help you without photos and more info.