scrap bike?

Thread Tools
 
Search this Thread
 
  #1  
Old 11-06-2005, 01:25 PM
jiggawha1's Avatar
Thread Starter
Join Date: Nov 2005
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Default scrap bike?

my friend was involved in a serious wreck this past friday, and he doesnt know what to do with the bike, he still owes about $9000 and he needs to pay it off. Should he scrap each part of the bike and sell it, or sell the bike as a whole? Im not sure how bad the bike is but the entire rear part of the bike broke off(exhaust,tailseat,fender). It is a 2005 cbrRR 600, its black with gold graphics. so if you have any helpful information please post or even if your interested in the bike PM me.
 
  #2  
Old 11-06-2005, 01:29 PM
jiggawha1's Avatar
Thread Starter
Join Date: Nov 2005
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

o plus another thing, my friend with a 2005 r6 also witnessed the accident and he now wants to sell it, please post with some helpful info to assist our situation
 
  #3  
Old 11-06-2005, 01:47 PM
Join Date: Oct 2005
Location:
Posts: 594
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

didn't the guy with the CBR have insurance? full coverage should pay it off or get close.. as far as selling a the R6 Ebay is a good place, just bad time of the yr depending on where you live... Hope that helped!

Take care!

 
  #4  
Old 11-06-2005, 02:30 PM
Anubis's Avatar
Senior Member
Join Date: Jun 2005
Posts: 2,160
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

If he has to get the money himself selling the parts seperate will get him more money than the bike as a whole, but selling this way can take more time. People usually just want to get rid, which is why scrap merchants make so much money. e.g buy a whole wreck for 2k split it and sell the bits for a total of 4k
 
  #5  
Old 11-06-2005, 04:45 PM
doncollins's Avatar
Retired Administrator
Join Date: Jul 2005
Location: OH, KY & WV
Posts: 6,292
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

are they selling out because of this one incident? Tell them to sleep on it some. How did the wreck happen? If they are selling. part it out on eBay for more money sell the R6 locally. I will never look at a bike on eBay, too many scams.
 
  #6  
Old 11-06-2005, 08:03 PM
Join Date: Oct 2005
Location:
Posts: 155
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

If he sells parts off of it I need a tool kit and owners manual..
 
  #7  
Old 11-06-2005, 08:09 PM
chainstretcher's Avatar
Admin Emeritus & MVN
Join Date: Jan 2000
Location: Conyers, GA
Posts: 6,908
Likes: 0
Received 3 Likes on 3 Posts
Default RE: scrap bike?

He owes $9K on a 600RR? He got screwed by the dealer. Parting out a wrecked 600RR just isn't gonna make a big dent in $9k but it'll net him more than selling it whole with a salvage title. If he had insurance on it he really needs to have them pay up.
 
  #8  
Old 11-06-2005, 08:33 PM
jiggawha1's Avatar
Thread Starter
Join Date: Nov 2005
Posts: 3
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

i told my friends countless times that full coverage is the way to go, but they dont listen and now this happens he regrets it bad. For those that wanted to know what happen, we took school of for the day to visit colleges, on our way to UTSA, traveling down I-10 the traffic came to a hault, we all slammed on our brakes not to hit anyone, and my friend sped by at 120mph, he braked and stoppied, flipped over, and got smahed inbetween his bike and the truck in front of him, he broke his collar bone, pelvis, roadrash on knuckles and back, possible leg fractures, he is currently at University Hospital in ICU. They said he should pull through good and heal with no problems as they can see.
 
  #9  
Old 11-06-2005, 09:26 PM
doncollins's Avatar
Retired Administrator
Join Date: Jul 2005
Location: OH, KY & WV
Posts: 6,292
Likes: 0
Received 0 Likes on 0 Posts
Default RE: scrap bike?

ouch... I'm glad they expect a good recovery
 
  #10  
Old 11-06-2005, 10:03 PM
regener8ed's Avatar
Super Moderator and Official Welcome Crew Yeti
Join Date: Jun 2005
Location: Souf Cackilack
Posts: 2,066
Likes: 0
Received 6 Likes on 3 Posts
Default RE: scrap bike?

most underwriters require coverage for the term of a loan --- it sounds like there was no collision policy?
 


Quick Reply: scrap bike?



All times are GMT -5. The time now is 02:35 AM.