At 20000km it needs rings, pistons, and a decoke as minimum.
Powervalves will probably be naffed too.
$1500 is a good price, but you'll have to reregister at $400-$500 dollars.
Oil squirters? If the oiling system/oil pump is damaged in any way then the engine is probably damaged too. Full engine rebuild required. You'll probably need to do oil seals, rebuild the rear shock, new chain and sprockets, and replace all the bearings for wheels, sprocket carrier, swing arm, and headstock.
The chassis is probably worth about $1000 by itself (wheels, frame, forks, brakes) as parts, but I reckon this bike will cost you about $2000-$3000 dollars to get on the road, if you do everything properly.
So real cost $3-$4.5k
About the same as finding one that is registered and looked after in other words.
Edit: Just to keep you on course, this guy REALLY knows what he is talking about
:
http://www.kiwibiker.co.nz/forums/sh...63&postcount=2
I'd walk away quite frankly, unless you have a woody for RGVs and the time, money, and expertise to get it all going nicely.
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