Produced for just a few years, the Ambassador was never as well known as bikes like the Eldorado (which replaced this bike). Built to target the American market, MG saw a way to compete with Harley with a 757cc variant of the venerable V-Twin.
Here’s an example with 50,000 miles that is claimed to run excellent. Everything is said to work, and it doesn’t leak. Find this Moto Guzzi V700 Ambassador for sale in San Francisco, California here on ADVRider (registration required) for $4,400.