The asking prices are not too unreasonable - if you are local, don't have to pay shipping, and are just looking for a parts bike. My very first vintage project was a poorly running, titled, 1973 T500 that I bought locally for $800 and the seller even delivered it my house. However, I bought with my heart and not my mind because it needed complete restoration. After buying some parts, starting the work, and realizing what additional parts, painting, and chroming costs would be, I quickly learned that there are enough nice, clean, complete, titled, running T500s out there for sale in the $1500 range that its senseless to purchase molested bikes like this one - especially if they have no title! And, unless you really just need a parts bike and you can get the bike for just a couple hundred bucks... For example, here is a mostly complete, running, titled, T500 auction that just ended on eBay - HIGHEST BID $1,025
http://cgi.ebay.com/ebaymotors/_W0QQcmd ... MEWAXQ3aIT" onclick="window.open(this.href);return false;
It's not a showbike but its located in Ohio, mostly complete (looks like just the grab bar is missing), running, titled, and not in that bad of condition, etc.... Auction says its a 1972 model, but if the paint is original like it says it was probably manufactured in 1972 and probably first titled and registered in 1972, but its a 1973 model). In my case I traded my 1973 T500, some cash and parts for a T500 Cobra so I managed to make some lemondade with my lemon. Now, if this were a 1972 H1 at this asking price, I would jump on it!
