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price question

Started by Phil B, February 04, 2012, 09:07:01 AM

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Phil B

SO, I'm not ready to sell my bike yet, but I'm curious just how much of a pittance I could get for it.

I had one drop on it a few months back. left side plastics are toast. (right side is still pristine)
The killer is, there's a dent in the frame now :(
But the frame is still solid and straight. I still ride it to work all the time.

I guess I cant sell it as a regular title now? I have to sell it as "salvage" or something?
What will that mean for prices?  I'd be lucky to get $1000 for it?

btw, it's a 2006 GS, 8k miles on it.






Tombstones81

No expert, but going by what most ppl say here when there is ANY damage to the frame.... (that its toast or they wont trust it)
Probably get the most $$ just parting it all out.

but wait for more replies
94 GS500
01 Engine
Personally repainted!  (Traded)

87 Honda VF700C Magna
(Super Magna)

rayshon

Yeah you can deal with a few scratched up fairings and make some money.

But that dent in the frame is pretty much a big "nope" sign.

You can
-Keep riding it like it is binded to you for the rest of your life
-Part it out
-Wait and hope that someone buys it for normal price anyway for some reason

adidasguy

#3
Buying a few bikes recently for parts....

The dent is OK if you sell the bike. A bike gets a "salvage title" when sold to a wrecker/breaker for parts or scrap where the cost to fix is more than the value of the vehicle. Unless you wanted to dump the bike yourself, it would be an insurance company that would cause the title to become "salvage" because of you filing a claim after an accident or theft. They can decide it is too expensive to fix. They give you a check for the value and then auction it to the junk yards or whomever wants to buy it (if the auction is public, sometimes some states do not allow private parties into insurance auctions).

So, you can chose on your own to declare it a salvage vehicle. I would not. if I were to sell it, I could say for parts and leave it to the new owner. Keep the title clean. Once you dirty a title - it is a mess. usually involves state patrol or DMV inspection to clear the title. If you declare it salvage, you do have to go to the work of changing the title. A valid title of any kind is required if a frame is taken to a scrap yard.

Someone may say "OK - I can fix the frame". Probably a no-sale if the title is dirty.

Even if you decide to part it out, you can still sell the frame with a clean title. I bought a bare frame with clean title. That's all that was needed for Phenix to get a license plate - no inspection required (and I did get the peg mounts straightened out!)

KEEP THE TITLE CLEAN! Unless you decide to actually scrap the title and cut it up into pueces and take it to the scrap yard (and due to the VIN on the frame, you usually need the title to scrap the frame - believe it or not - to thwart chop shops).

Just passing onb information I've learned with parts bikes and going into my local licensing office (i.e. DMV tags and other city licenses so called a "Licensing Office" rather than "DMV") and re-titling parts bikes and asking questions before making purchases of parts bikes and bikes with not-so-clean titles.


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