General Category > General Discussion
salvage / rebuilt title
Perazzimx14:
--- Quote from: rodekyll on January 30, 2015, 03:51:49 PM ---
Bottom line -- I'd make the PO generate the current bona-fides and inspections before committing to a purchase. Otherwise you might have a complete, running parts bike that you can't sell the pieces off of (which might be where the PO is right now).
--- End quote ---
:+1. Everybody on CL selling a salvage bike will tell you how easy it is to get a good salvage title. There is a reason they don't do it and that is there is no guarantee it will happen it takes a long time and a lot of running around.
Have the current owner get a good transferable title in his name and offer to pay him $400 extra for his trouble. If not walk away.
Perazzimx14:
--- Quote from: arveno on January 30, 2015, 04:03:59 PM ---It's cali carbed bike , want to used it to build my own motorcycle , will keep it forever. ( right now it's bone stock )
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A good carbed Cali will only generate $2,500 - $3,000 in good condition and with a good title. You have an option of finding a frame with a good title and swapping everything over.
In its current state I wouldn't pay more than $900 for it. With a good salvage title maybe $1,500.
Chuck in Indiana:
--- Quote from: arveno on January 30, 2015, 04:03:59 PM ---It's cali carbed bike , want to used it to build my own motorcycle , will keep it forever. ( right now it's bone stock )
--- End quote ---
It depends entirely on the state you are in. It's very easy in Indiana. At any rate, it is the sellers responsibility to get the salvage title. As mentioned above, it lessens the value of the bike, but if it is done well, it can be a good buy.
rodekyll:
A clean frame with title can still give you fits if the bill of sale and title transfer paperwork isn't in order. For example, I bought a cali frame from a member here. It was delivered with a title in the PO's name rather than the member's name. Unless I can find my way back to the guy who's name is on it and convince him to do the transfer paperwork, I can't do anything with the frame except cut it up and throw it away. My state won't accept 3rd party transfer work. So once again, insist on complete, and correct paper.
Perazzimx14:
--- Quote from: rodekyll on January 30, 2015, 04:16:34 PM ---A clean frame with title can still give you fits if the bill of sale and title transfer paperwork isn't in order. For example, I bought a cali frame from a member here. It was delivered with a title in the PO's name rather than the member's name. Unless I can find my way back to the guy who's name is on it and convince him to do the transfer paperwork, I can't do anything with the frame except cut it up and throw it away. My state won't accept 3rd party transfer work. So once again, insist on complete, and correct paper.
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