Re: Tips for buying a salvaged bike?
Welcome to the .org, LBSC.
I'll list a few points, knowing that there is a lot more accumulated knowledge on this board.
1. What do you want to do with the bike(s)? In other words, are these for street? track? restore - resale? Parts? Check with your dept. of motor vehicles and see what restrictions will apply to a salvage title from _____ state. Last summer, I bought an SV650 for track - only use with a Penn salvage title from Northeast motorsports in Philly.
In certain states, it could be fixed to acceptable specifications, inspected, and re-registered to be streetable. However, that was not the case in Michigan. Michigan will allow certain salvage title bikes ( I think those that were originally titled within the state) to be fixed, re-registered, and put back on the street, but my insurance agent said the premiums for such a bike would be prohibitively high.
2. Is it legit? Check the title carefully and contact the insurance company that signed off on it for more information if you aren't sure. Put out a call for anyone who has dealt with the people you're buying from.
3. Is it in good shape mechanically? By this, I mean, is it a stunna bike that was rashed and abused to the degree that it got "stolen" so the previous owner could scam a new one?
4. Given the above, is it a good deal? I got my SV, which runs pretty well, for under 2 grand. It has less than 10, 000 miles on the odometer. And a big dent in the tank !
Last edited by CBRVFR; 01-10-2004 at 1:11 PM.