I may have the opportunity to purchase a 64 FL Panhead that has been in baskets for 20 year. Any idea as to what I should expect the cost should be, and what it would be worth when restored?

 

How much of the bike is there? How much of the bike is original?How much time do you have for this project.Do you have all the tools, knowledge,and space for a project like this?I have been there many times..As far as what is it worth is up in the air..are you going to put a 20 grand paint job on it..

 

As far as I know all of the original parts are there and the manual. I've got the tools and time, also a son that's a mechanic. I've also have a nephew that's a painter. I'd like to restore it back to original from original parts. Any ideas on costs?

 

Unless you're very familiar with that model, you need a good parts manual and restoration book in order to thoroughly study all the parts. Then you will be in the ballpark as to what is or is not original and what you need to find/buy/repair. Then figure your other costs (paint, etc). Then you can make a comparison to what a very similar bike costs that is in good condition. Subtract your costs as determined above from what you could buy a good one for and you will be in the ballpark as to what you could safely pay for the basket case. Final question then would be, "What is it worth to you?". Good luck!

 

Well, seems like you have a bit of time to do some research prior to buying. If not make the time. Get hold of a copy of Palmers "How To Restore Your Harley Davidson". It is "the book" for old Harleys (pre-65) and contains almost everything you will need to know for the 64 (right down to finish on things like nuts and bolts).

If you intend to "restore" it you will need this book. Lots of bikes that are for sale use the term "restored" but in fact they are just a custom finish with overly applied chrome, paint, powdercoat and Taiwan Ted parts. Never be close to what a true restoration is worth, but the seller actually believes it and seems offended when another points out the facts.

A true restoration will never fetch the price of an original one (a bike can only be original once). If the original parts are there, putting it back together with original pieces will give you a greater return on your purchase (provided you are not paying a huge some for the basket case) even though things like the paint and finish may be old and tired looking.

As far as worth I can only say that it is worth what one is willing to pay and what the owner is willing to sell for. The only bike models that have not suffered under the current economy are pre-war models and knuckles. Pan prices are down and shovels a little more than pans. Seen some original condition pans go for almost 20 and some nicely restored ones for 12-16 range. But it is always about the market and timing as well.

Good luck and if you get the chance, post some pics of what you are looking at. Lots of folks here offer an opinion.

 

I bought this '48 Pan as a basket case in 1975 for $1200. Not all the original
parts were their, but the motor had just been rebuilt by San Diego HD.
What is the price your looking at paying for it if you don't mind me asking?