| Author | Message | ||
     Bueller83 |
So I know that it is different from state to state but here in FL it was easy. I bought a "totaled" bike and "rebuilt" it. The actual inspection and retitle was very easy and the lady at the DMV was very nice. I was able to get an 08 XB9SX with a screwed subframe and handlebars with 2100 miles for $2500 and got all the parts to fix it for around $1200. It does not look the best still has some scratches here and there but it is a bike that i can ride until i can afford a new one again. I plan on stunting this one out later down the road but not until i get a new one next year. | ||
| Xbrfirebolt |
Two things about a salvage title is you can't usually get full coverage insurance, or a loan from most sources. That can be a deal breaker to other buyers. For what you plan on doing with the bike, I think a salvage title bike is the best value for you. That being said, I've bought a salvage title bike before. You're usually limited to half price of a clean title bike as far as value goes though. ps. Congratulations on your new bike! (Message edited by xbrfirebolt on April 11, 2009) | ||
| Hughlysses |
I've been told some states allow you to get a clear title once you bring the bike in and have it inspected. Here in SC, once a salvage title, always a salvage title. Buying a salvaged bike can be a good way to get one inexpensively, but it can make it really hard to sell later. | ||
| Court |
>>>I've been told some states allow you to get a clear title once you bring the bike in and have it inspected. That seems REALLY bizarre. The title, in my thinking, would have to carry the SALVAGE designation in perpetuity, even if the bike was restored to perfect condition. Failing to do that would invite all sorts of scams . . . the very reason they mark the title in the first place. | ||
| S2pengy |
In some states I believe you could use a salvage title to get a homebuildt or reconstructed title. It would be inspected and a new reconstructed or homebuildt title issued.... My 1943 80 cubic inch Flathead Harley Frankinstein was put together from pieces and orginally titled that way.. The down side is it has to meet all the latest regulations and laws, the title dates the bike as the year it was titled .. State Cop that did the Inspection even wanted to ride it..... | ||
| Bueller83 |
Yeah they put a sticker next to the vin that says rebuilt but its ok i dont plan on getting rid of this one | ||
| Rombi |
How did you go about obtaining the bike in that condition? That is what I am looking for. | ||
| Rhun |
I've had full coverage on salvage vehicles. Banks will usually only load to wholesale value instead of retail. But with a trade in you've usually covered the difference anyway. | ||
| Sam_07 |
Did you buy the bike at auction or private party sale? Ive been looking for the same type of deal for racing... | ||
| Hughlysses |
Ebay is a good source for them. I bought my S3 (which was "totaled" with a salvage title) from a used car dealer in Alabama that advertised on ebay. He had actually bought the bike from a U.S. Auto Insurance auction someplace else. I paid somewhere around half of the used retail value. The bike originally came from Toledo, OH. This bike needed two tires, two turn signals, clutch lever, clutch cable, shifter, and one mirror to be rideable. Fairing was cracked but repairable and fairing mount was bent up. It had some scuffs here and there, but the only other damage of note was a ding in the rear wheel. I put ~20,000 miles on that bike without problems and sold it to Badwebber Buelltours a few months ago. | ||
| Rhun |
Sam you might look at this one: http://www.badweatherbikers.com/buell/messages/21/ 433015.html?1237924166 | ||
| Pogue_mahone |
>>>I've been told some states allow you to get a clear title once you bring the bike in and have it inspected. That seems REALLY bizarre. The title, in my thinking, would have to carry the SALVAGE designation in perpetuity, even if the bike was restored to perfect condition. Failing to do that would invite all sorts of scams . . . the very reason they mark the title in the first place. thats title washing the auto scumbags have made millions that way.they take flood damaged/hurricane damaged vehicles and clean them up and re sell them as "new" with a clean title.AFTER they clean them up and title in another state.this is why and where the laws come from where once a salvage always a salvage. the best way to play this gig is to always specialize in the same vehicle.u get 2-3-4 totals,maybe one with clean title and rebuild that one with parts u got from the others. as long as u dont buy stolen parts,it is a completely legal activity. if i did that with cars,i'd go honda accords or civics.buy a stolen stripped car,and a front and rear hit for all the bolt on parts.and you have tons of spares all around for years of use and parts selling/trading. scott |
