Originally Posted by sanjaun2
Have you ever heard of a handy mans special? In this case its a painters special..Lets say that 8 fairings have scratches. To replace those fairings with brand new color matched BMW parts would cost 4k plus 1k labor. Thats 5K. So, instaed you buy some paint for 100 bucks and paint it yourself. do the math....
I have done the math have played on this ball field before. The insurance company pays what the bike is worth, for a certain dollar figure you get to keep the bike. A chance to make X amount of dollars is present, you you keep the bike.
However no matter what the bike needs, it won't float in some states.
That is why I asked about the salvage certificate (title is a misnomer)
I had a guy from NY with a LT less than 8K on the clock, could do absolutely nothing with it, because his state would not accept the PA salvage certificate. It had become so frustrating and dragged out for him. That he went to the trouble of finding a frame with NY title and was getting ready to switch everything over, when someone gave him my number.
By that time he just wanted out of it (you know how dealing with the state can be, no rhyme or reason to their madness)had an ongoing project with a Norton +Hated even looking at the LT.
He said he could not get bike titled and for for enough cash to pick up a Triumph Cub basket case, he would push the bike extra frame every part and paper work into my truck. The Cub was $1700, we agreed on 2 grand (he had to go pick it up).
I have also had to take bikes to Ohio title them there bring just the paper into the DMV and file for a PA title, and then they never even looked at the bike they would not title before???
So it can be a jackpot depending on what state!