Need some opinions on buying salvage '07 600rr
#1
Need some opinions on buying salvage '07 600rr
I am in the middle of negotiating prices for a salvage titled crashed '07 600rr, it's got 3k miles and needs a complete body set and new headlights. Basically, it looks like it was laid done pretty hard on the shifter side of the bike. No frame damage and forks appear to be okay. He wants $3,500 but he might take $2,800. Does this sound like a decent deal?
#2
If it is truly just a matter of getting new plastics and a head light then I would say $2800 is a good deal. Does the bike run? Your going to want to make sure that it drives straight and true. Make sure the the rims, rotors, forks, swing arm and frame are not messed up. You are also going to want to make sure it runs good all the way up through the RPM range and make sure it shifts good to make sure something didn't get bent internally. If it is just plastics and a headlight you can pick up a set of aftermarket fairings for around $600 and a headlight for a couple hundred and you'll be back in business with a clean 07 RR for cheap. Just remember if/when you go to sell it you will not get as much for it because of the salvage title. Let us know what you do.
#4
I just rebuilt a 2003 that was a salvage title. Check my album out. Luckily I got mine for $100. How are the forks? Rotors? I assume it's going to need headlights, fairing stay, mirrors, all that stuff. Got a pic?
The salvage rebuild process is a PAIN IN THE ***. At least in Florida. Also takes about 3 weeks, if your paperwork is meticulous. It might be worth it bro I'd like to see the extent of the damage. Also when its done you shouldn't have a problem with it being worth less since it was previously a salvage. When you finish the process and get a new title it should be completely clean. Good luck!
The salvage rebuild process is a PAIN IN THE ***. At least in Florida. Also takes about 3 weeks, if your paperwork is meticulous. It might be worth it bro I'd like to see the extent of the damage. Also when its done you shouldn't have a problem with it being worth less since it was previously a salvage. When you finish the process and get a new title it should be completely clean. Good luck!
#5
Just saw your reply about the forks. That frame might be tricky though! If you remove the main engine bolts (where you install frame sliders) the frame will want to twist or move to whatever shape its stressed in; at least that's one area you can check. Convincing the owner to let you do that is another story!
#6
#7
Personally, if it's a salvage, he probably got paid for a total on the bike. Then he bought it back from the insurance company. He probably paid less then a 1000 for it.
He's probably tring to finance the differrence from total price and what he paid new retail.
I wouldn't pay more than a grand for a salvage bike, too much chance of hidden damage.
You'll end up putting 2-3 thousand into the restore + the purchase cost. So you
end up with a ton of time/money into a bike you would have had without the time and head-aches, if you had bought something else.
Basically, I'm saying, if you had to ask, you probably don't have the skill/knowledge
to prevent this from being a nightmare purchase. You should walk away, there
are lots of really nice bikes available for the budget you're proposing.
Good luck, Ern
He's probably tring to finance the differrence from total price and what he paid new retail.
I wouldn't pay more than a grand for a salvage bike, too much chance of hidden damage.
You'll end up putting 2-3 thousand into the restore + the purchase cost. So you
end up with a ton of time/money into a bike you would have had without the time and head-aches, if you had bought something else.
Basically, I'm saying, if you had to ask, you probably don't have the skill/knowledge
to prevent this from being a nightmare purchase. You should walk away, there
are lots of really nice bikes available for the budget you're proposing.
Good luck, Ern
#8
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