how much is it worth?
#1
how much is it worth?
A buddy of mine works at an auto body shop they got a 1999 road king in that was dropped they fixed it and the customer took the insurance check .Now the bike was turned over to them it has 7800 miles on it and lots of chrome
Last edited by jokr; 01-08-2009 at 09:41 AM. Reason: spelling
#3
I would think it would be worth about $8 thousand without the damage history. Obviously less with the bad history. You should probably check with your state laws and insurance company about potential problems. Resale will also produce problems with the buyers. I went through this once(car) and it was not fun or profitable.
#4
#5
#6
Something doen't add up here.If bike only had minimal damage ,why would owner take a insurance check and give up bike? Bike had to had enough damage to warrant insurance company to issue check that would cover owners investment in that year bike.Also bet that new title will be a salvage title since insurance co. probably totaled bike.Shop that repaired bike probably only replaced cosmetic items that were damaged.I would want to see the insurance estimate of repairs on this one.
#7
[Sometimes the amount of damage isn't a factor. Find out if you will receive a rebuilt or salvage title. This is where the problems start. I'm not familiar with NY laws regarding this so my opinion isn't worth much. Every state seems to deal with this in a different manner. In Illinois the state is increasingly getting more difficult with damaged vehicles. Of course, our state government here in Illinois is becoming infamous for it's leadership.
Trending Topics
#8
Something doen't add up here.If bike only had minimal damage ,why would owner take a insurance check and give up bike? Bike had to had enough damage to warrant insurance company to issue check that would cover owners investment in that year bike.Also bet that new title will be a salvage title since insurance co. probably totaled bike.Shop that repaired bike probably only replaced cosmetic items that were damaged.I would want to see the insurance estimate of repairs on this one.
#9