Help buying a used r1
Hi, so as the title say I need a little help with buying a used R1. The owner is asking 3k for it but the dilemma is that she’s been sitting since 2014 and the gas tank is “rotten” with also brakes and tires gone. I’m not that much of a negotiator lol, but I think 1k for it should be ok considering all this things. Am I being what they call a “low-baller” or am I being reasonable?
I want it as a project bike to get familiarized with bikes so I can work on them more comfortably. So am I being a “cheaper” or is it an ok value?
Also any tips or things I should look out would be appreciated. After all I don’t think It be wise to waste more money rebuilding it than buying a beated but functional used one. (Like if the motor is done and I’ll need a new one, etc.)
Sorry for my bad phrasing and grammar but my English isn’t really that strong. And thanks in advance!