I have an opportunity - could buy 1971 Triumph Bonneville T120


I totally understand what you are saying. I just don't want to fix it up to a point that I am afraid to ride it.

Unfortunately if I get it I am sure my OCD will kick in.
 
YEEEEEEEEES
 

Was at that museum yesterday while it was bucketing down.
 
I think the price is a bit high. But I'm remembering the 650 I had in the 80's that I paid and sold for $650.00

I agree, but have been looking for a couple of years and a basket case is going for up to $2000.00. The fact that none of the critical pieces are missing and it runs is a big bonus. Plus she is only 2 hours from me.
 
Last September I bought a 1970 T120R as a "project" but upon months of spare time tinkering I've found it's virtually all original and I'm going to keep her that way. It's such a lovely companion to the Rocket. No slouch, pretty nippy and handles well. The sound is awesome too.

In the UK OIF models don't have the same following. Their prices are pretty static whereas pre 1971 appreciate almost daily.
 
If you have the lose cash, do it. Even if you ride it a while and decide to sell it, you won't lose a dime at that price. Old Bonnies are selling for quite the coin these days. I was thinking of getting one myself, but the prices are crazy!