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The 1982 Honda V45 Magna was available in either Candy Maroon or Candy Imperial Blue, for the gas tank and side covers. The headlight, instruments, and fenders were chrome. The front disc brakes have straight grooves, double piston calipers, and TRAC anti-dive. The speedometers read 150 mph, and the red line is 10,000. The engine is a 748 cc DOHC 16-valve liquid-cooled 90 degree V-4 linked to a 6-speed transmission with hydralic clutch and a shaft drive. Compression is high, and the stroke is short.
A milestone in the evolution of motorcycles, the V45's performance is comparable to that of Valkyries and Honda's 1800cc V-twin cruisers. However, its mix of performance, reliability, and refinement was overshadowed by the more powerful 1098cc "V65" Magna in 1983. Honda notoriously emphasised the speed of this bike.
The US government imposed tariff rate hikes for foreign-built motorcycles in order to combat their rise in sales in North America, and to aid the domestic motorcycle manufacturers, namely Harley-Davidson. So for 1984 Honda responded by reducing the engine size for the 750s, and the Magna became the VF700C in the USA. Colours available for 1984 were either black or Candy Andromeda red.