1980 Yamaha Virago 750
I owned this Yamaha Virago 750 briefly after blowing up my Mustang. For what it was, it was pretty quick (certainly no Ninja, but quick nonetheless). It had an electric starter and nice mags. I think I paid $400 for this bike, and kept it for about a year. This bike was easy on the pocket book -- decent on gas, and cheap on insurance.. I sold this bike for $400 to one of my dad's co-workers, who really fixed it up and made it look great (something I never did).
The picture below is not of my actual bike, but it looks identical. Mine was the same color and even had the same rims as the one pictured below.