Author Topic: Gosh, this V7 has a salvage title but it's wonderful, says the owner...  (Read 2553 times)

Offline normzone

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http://sandiego.craigslist.org/nsd/mcy/5600051526.html

And I guess he could be right, not my specialty...
That's the combustion chamber of the turbo shaft. It is supposed to be on fire. You just don't usually see it but the case and fairing fell off.

Offline Curtis Harper

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My car has a salvage title. It just means that it had damage. Verification of proper repairs would be the responsibility of the buyer. He states up front what happened and that it was rebuilt at home. Sounds like an attempt at honest representation to me.
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ponti_33609

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Not sure I would call this a great deal regardless.  Folks were getting new leftovers for $1500-$2000 more.

Offline pikipiki

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comes with free B...S...


The $10K showroom version V7 is very tame compared to this bike because of the modifications:

...cusom painted gas ring, low profile instrument panel mount? Fender eliminated! Hand painted hobbycraft tail pipes..
« Last Edit: May 26, 2016, 01:10:19 PM by pikipiki »

Offline jackson

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Due to the salvage title (if I were a serious buyer), I would only consider it for a price somewhere between $2400-$2800...........and that's if everything else checks out okay.  No bags and an asking price that's slightly more than the same bike without a salvage title would bring in today's market.  A salvage title brands it permanently and the value will always be greatly reduced when compared to the same model without a salvage title. 
It doesn't matter how credible "the story re why it's a salvage title bike" may sound, at the end of the day; it will still carry a salvage title. 
NO longer can ride

Offline Curtis Harper

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Agreed he is a bit high on the dollars, I just think the worries of a salvage title are a bit overdone at times. Especially when the owner points it out up front.

Of course there is this one that's barely broken in with a good title.

http://www.harpermoto.com/2010-v7-classic.html
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Now thats better!  :rolleyes:

Offline rodekyll

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Depending on what you have in mind for a rig, a salvage title might not be a bad thing.  My trike started out as a salvaged EV.  At first I was pissed that the title was issued as a "reconstructed/homebuilt" vehicle.  But then it occurred to me that the DMV had certified a pig in a poke -- "homebuilt" and "reconstructed" could mean anything.  So once it was inspected and its bona-fides made bona-fide, I was free to make it into whatever I wanted it to be -- without further inspections.  So by keeping the steering head with its OEM VIN consistent with the paperwork, I can make it a trike without further scrutiny.

Oh -- for the record, it DOES meet all DOT and EPA requirements.  I'm not using the title language to shortcut that stuff.

Offline normzone

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AND it gets better MPG than my Bassa...
That's the combustion chamber of the turbo shaft. It is supposed to be on fire. You just don't usually see it but the case and fairing fell off.

Offline rodekyll

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I'm going to catch up with you on that somewhere this summer.

Offline jim_W

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  My 2009 CalVin has a "Salvage" title.  Not a big deal if you want the bike to ride and it's been repaired correctly.  It does however lower the value.  My insurance company did not have any problem selling me full coverage insurance on the bike but my agent warned me that I am paying full rate for the insurance, just as if the title was clean,  but if I have a loss, wreaked or stolen, I will get 50% of the book value since it has a salvage title.  I still choose to insure it with full coverage as it includes trip insurance that pays for rental and towing if my bike is damaged or stolen .
 With any luck I'll never need it.   :cool:
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Offline rodekyll

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  My 2009 CalVin has a "Salvage" title.  Not a big deal if you want the bike to ride and it's been repaired correctly.  It does however lower the value.  My insurance company did not have any problem selling me full coverage insurance on the bike but my agent warned me that I am paying full rate for the insurance, just as if the title was clean,  but if I have a loss, wreaked or stolen, I will get 50% of the book value since it has a salvage title.  I still choose to insure it with full coverage as it includes trip insurance that pays for rental and towing if my bike is damaged or stolen .
 With any luck I'll never need it.   :cool:

I've got a salvage title and the rig is insured.  You need to revisit your arrangement with your insurance agent.  If you agree on the value of the bike and insure that value, then that's what's being insured.  If it's valid, the language on the title has nothing to do with it.  Contracting to pay out half of the agreed value is a non-starter.  I doubt his reasoning would stand scrutiny.

$0.02

Offline Arizona Wayne

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It's true an insurance Co. will total a MC w/o much real visible damage, but before I would buy 1 I would have someone else ride it and I would follow behind it to make sure the frame wasn't bent.  It doesn't take much to bend a bike frame and if it is you can see it in the alignment of the tires from behind under movement.   Frames can be straightened, but that is where it gets expensive(labor) to have it done and why bikes are totalled some times when the damage doesn't look that heavy.
« Last Edit: May 26, 2016, 10:44:39 PM by Arizona Wayne »


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