What would it take? Need your thoughts.
#21
Imagine you are looking to buy a used bike and you must choose between two that are identical in every way - except Bike #1 has never been in an accident and Bike #2 has been laid down - with minor damage - and repaired with OEM parts.
This is not a really old, historical, custom or classic bike. 2008 Fat Bob - nothing special or unique.
If the prices were the same, I think it would make perfect sense to prefer the bike that had never been wrecked. But, for enough of a discount, the price difference may sway you to purchase Bike #2.
What kind of price reduction would it take for you to buy Bike #2 instead of Bike #1?
---
My situation - I was recently cut off in a traffic circle. Rather than collide with a minivan, I laid the bike down. The forks and frame weren't damaged, but the handle bars, gas tank, primary cover and controls were.
I'm pretty certain, even though the bike can be repaired, the eventual resale appeal will not be the same. So, I believe the bike won't be worth what it was worth before the accident.
The accident wasn't my fault - the other driver/insurance company - has accepted full liability. I'm not willing to eat the lost value on the bike for an accident that wan't my fault. I'm not looking to score a windfall, just fair compensation for what this accident will cost me for repairs and lost value.
What are your thoughts?
This is not a really old, historical, custom or classic bike. 2008 Fat Bob - nothing special or unique.
If the prices were the same, I think it would make perfect sense to prefer the bike that had never been wrecked. But, for enough of a discount, the price difference may sway you to purchase Bike #2.
What kind of price reduction would it take for you to buy Bike #2 instead of Bike #1?
---
My situation - I was recently cut off in a traffic circle. Rather than collide with a minivan, I laid the bike down. The forks and frame weren't damaged, but the handle bars, gas tank, primary cover and controls were.
I'm pretty certain, even though the bike can be repaired, the eventual resale appeal will not be the same. So, I believe the bike won't be worth what it was worth before the accident.
The accident wasn't my fault - the other driver/insurance company - has accepted full liability. I'm not willing to eat the lost value on the bike for an accident that wan't my fault. I'm not looking to score a windfall, just fair compensation for what this accident will cost me for repairs and lost value.
What are your thoughts?
My thoughts...many people wont buy a wrecked bike, Period! The value will take a considerable hit. Supply and demand. I would not consider a wrecked bike at any price.
With that stated, their is always someone willing to buy something cheap. Probably 35-40% less.
#22
Thanks for your opinion. Permit me to challenge you thinking to understand your position as the insurance company wlll likely take the same stance.
If 2 bikes sat side-by-side, identicalexcept for accident history, if properly repaired you would be OK with buying the repaired bike. I understand that. But, I would expect you would be in a better negotiating position and demand a lower price for the Accident Bike. Otherwise, why take the risk there was hidden damage or the seller was being completely truthful about the extent of the repaired damage?
if the prices were equal, I think most would prefer the unwrecked bike unless we could get a better price for the Accident Bike. By definition, the accident history had dimished the Accident Bile's value. The question is by how much?
In your opinion it may not be much, but is it really $0?
If 2 bikes sat side-by-side, identicalexcept for accident history, if properly repaired you would be OK with buying the repaired bike. I understand that. But, I would expect you would be in a better negotiating position and demand a lower price for the Accident Bike. Otherwise, why take the risk there was hidden damage or the seller was being completely truthful about the extent of the repaired damage?
if the prices were equal, I think most would prefer the unwrecked bike unless we could get a better price for the Accident Bike. By definition, the accident history had dimished the Accident Bile's value. The question is by how much?
In your opinion it may not be much, but is it really $0?
#23
Thanks. These last few posts are what I've been looking for.
To clear something up ...
Nothing is getting painted. The whole tank is being replaced by a brand new tank from HD factory with factory paint.
To clear something up ...
Nothing is getting painted. The whole tank is being replaced by a brand new tank from HD factory with factory paint.
#25
The only thing that sticks out to me comes down to paint. Bars, mirrors, stuff like that is easy to replace and put "factory" oem parts back on. OEM tanks are really expensive and some places want to just re-paint another tank to match your paint. And repainted tanks are NEVER as good as factory paint (if you believe otherwise don't bother arguing that point with me, you'll only be wasting your breath). You can spill ethanol filled gas all over your factory tank with no damage. I've never seen repainted tanks that held up well against getting gas spilled on them.
#26
The insurance company has an obligation to make you whole. The courts would view them paying to repair your bike to pre accident state as making you whole. You can try to fight them and they may cave if you sue for a nominal amount above their offer as they may view paying you as being cheaper then going to court.
Down side to this plan is that it sounds as if the bike and car did not actually crash and you laid it down to avoid contact. In court they may have a decent case to pay 0 claiming you going off the road was a result of you not being able to handle your bike not a fault of the insured.
Yes your bike is worth less after an accident. If it was me I would be doing just what you are doing and politely but firmly continue to negotiate with them asking for more $$. If you can front the repairs out of pocket and not settle quickly you are more likely to collect a bit more.
Good luck sorry to hear.
Down side to this plan is that it sounds as if the bike and car did not actually crash and you laid it down to avoid contact. In court they may have a decent case to pay 0 claiming you going off the road was a result of you not being able to handle your bike not a fault of the insured.
Yes your bike is worth less after an accident. If it was me I would be doing just what you are doing and politely but firmly continue to negotiate with them asking for more $$. If you can front the repairs out of pocket and not settle quickly you are more likely to collect a bit more.
Good luck sorry to hear.
#27
Then your painter just flat-assed sucked. I made a living for several years just painting tins. There's always the factory as long as you have deep pockets and patience. A body shop ain't the place to go. Its mindless. You need to find a guy who has the passion to do it right.
#28
First, you pretty much get the choice of colors Harley is painting now. In 2008, there was a real nice crimson denim. Not likely to get that now.
Second (according to the HD dealer - hope I got this right), Harley does paint in 6 week cycles. When you order a painted part, you go into the queue and your order gets added to the quantity of that color they will paint the next time they run that color on the line.
Third (according to the HD dealer again), HD will not tell you WHEN that color will have the next run nor will they tell you what color is next.
So, if I want Vivid Black they add me to the list and the next time they paint Vivid Black, they do my part and send it. If they color is next and that run starts in a few days, them I'm lucky and I get my part quickly. If not, it could be 6 weeks before they get to that color again (if they are still painting it - I think)
I told the guy I wan't too particular and might be willing to take what ever color was coming up next. He said HD wouldn't tell him what color was next in line. You pick your color and wait and see what happens. Maybe it comes in 2 weeks, maybe in 2 months.
I looked up the parts on Zanottis. Their prices for a plain black denim FXDF are: tank $628, rear fender $314, front fender $233 = $1175 plus shipping.
Not sure what a typical local shop charges. The only "plain" one-color price I could find online was "$900 and up". Buying new from the factory gets me (1) no skeptical questions about the quality of the job and (2) all new tank and fenders. Might be able to sell the old ones, so net-net the new factory stuff costs about the same as a local job and I get all new sheet metal. Of course, it's stock paint, but I'm OK with that.
Last edited by voudoujoe; 03-02-2011 at 11:59 PM.
#29
I would take the bike that was never in an accident for more, but that's just me. If your bike dose not have a salvage title on it and fixed right with all new OEM parts then it wil not be worth all that much less IMO. Like was said about 20% less or so. There are so may bikes that have been down and repaired it's not even funny and I go both my bikes used so for all I know they could have been down and fixed right? I guess if it bothers you all that much then get the bike fixed and then trade it in for a new one.
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