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I looked into those Lifan bikes very hard when I was looking for a second bike, but I never rode one. If you're lucky you'll have a local dealer. My closest one was 100 miles away, which is why I never test drove one and also made if kind of difficult to justify in light of the questionable quality some people were reporting. Personally I still plan to check them out once I get more financially stable from being laid off, I just wanted caution you that all may not be as it seems. That MSRP is very deceptive as well. The only way I found to get that price was in Florida or Texas where the delivery costs are lowest for some reason. The best price I found on them in Iowa was $2700 plus tax, title and license, so I figured it's be $3000 before I was done. I imagine the situation would be similar in Pennsylvania.
Please keep us posted on the restoration of your Honda. I for one am very interested about what you find in the way of gearing and jetting because yours looks strikingly similar to my 81 CM400E I've been riding for the last couple years. I think mine has a 43 tooth rear sprocket and the only taller stock gear was a 42, so I figured it wasn't worth it to have one custom made.
What exactly goes into jetting? I've ask a couple people I know and they tell me to either not mess with it or have a professional do it.
I wish you better luck with junkyards than I had on the headlight. My advice, when you find one, order two. The best I could do was $70 + shipping from a junkyard or $85 from the local dealer, either way it was going to take them a month to get it to me. My low burned out less than 100 miles after I got it, and the high burned out less than 200 miles more, by the way. That's why I retrofitted my nerdcycle with the LED headlight, but I reused the original housing, so that may not be an option for you if the previous owner didn't have it anymore.
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