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Discussion Starter #1
I purchased a 2013 Ultra Limited with 823 miles last month from Racers Edge salvage/rebuilt lot. This bike is like brand new except for needing bags, tour pack, seat repair and large dent in fuel tank. I drove the bike home and another couple hundred miles and its a fine ride. I was able to have the tank repaired and found cop bags, tour pack and side covers on Ebay. I am doing the test fitting of the bags and tour pack this weekend and then off to the paint shop on Tuesday. Tony at the paint shop said everything will be ready for pickup a week from Tuesday. With bags, tour pack, parts, paint and labor I will have $15,500 invested and I think a nice ride. I've just completed the 1K mile service using Redline products. I can't wait to get it finished and on the road.
Bill

 

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Sounds good. Only thing is that if your planning on keeping it for a very long time than its good but if you go to sell or trade it in, it will most likely have a salvage title which will cut book value to less than half. May be extreamly hard to sell or trade, especially if the bags and not stock to the bike for that year and model.
 

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Wayward Son
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Sounds good. Only thing is that if your planning on keeping it for a very long time than its good but if you go to sell or trade it in, it will most likely have a salvage title which will cut book value to less than half. May be extreamly hard to sell or trade, especially if the bags and not stock to the bike for that year and model.
I agree on the title type\selling price.
But, IMO, bag year is hardly a concern. We are`t talking a numbers matching Classic restoration here.
 

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I agree on the title type\selling price.
But, IMO, bag year is hardly a concern. We are`t talking a numbers matching Classic restoration here.
True but what I meant was when i see a particular bike without factory equipment such as bags I start to wonder why they were changed out. First thing that comes to mind is the bike was down. I would stick to factory everything for the year. If the bike was old it would be a different story but who changes out the bags on an almost new touring bike unless it was down, just saying, now if he's in for the long haul then it doesn't matter.
 

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Wayward Son
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True but what I meant was when i see a particular bike without factory equipment such as bags I start to wonder why they were changed out. First thing that comes to mind is the bike was down. I would stick to factory everything for the year. If the bike was old it would be a different story but who changes out the bags on an almost new touring bike unless it was down, just saying, now if he's in for the long haul then it doesn't matter.
If it`s already titled as a salvage. What does it matter. Potential buyer should already know.
 

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I {Heart} Hookers.
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If it`s already titled as a salvage. What does it matter. Potential buyer should already know.
Buyer won't get it as salvage. New buyer should get it as a blue-tag or reconstructed title. Once totaled, the original vin is only applicable via paper. A new vin will be supplied by the state. Prevents thieves from selling a totalled bike as a clean title or vin.
 

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Wayward Son
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Buyer won't get it as salvage. New buyer should get it as a blue-tag or reconstructed title. Once totaled, the original vin is only applicable via paper. A new vin will be supplied by the state. Prevents thieves from selling a totalled bike as a clean title or vin.
Do`t know all the in`s and outs. Seem`s each State varies in the way they do things.
But would`t the blue-tag or reconstruct point to it possibly\probably not being all original?
Buyer be aware.
 

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Discussion Starter #9
Buyer won't get it as salvage. New buyer should get it as a blue-tag or reconstructed title. Once totaled, the original vin is only applicable via paper. A new vin will be supplied by the state. Prevents thieves from selling a totalled bike as a clean title or vin.
I guess each state is a little different. In Kentucky you can't license a vehicle with a salvage title. You present the salvage title with a list of all the parts, paint, labor required to make the vehicle safely operable along with an inspection report to DMV in Frankfort. They review your information and affidavit and grant you a "rebuilt" title. Same procedure for motorcycles or cars/trucks. I buy and sell rebuilds so I'm use to the procedure and pitfalls. I bought the bike to ride and thought it would be fun to build it. I wanted cop bags instead of the regular saddlebags as they're much easier to get into, IMHO. All the bags, tour bag are all HD parts and will be painted the correct color coded paint. I've taken a lot of photos which I will share with a perspective buyer/owner when the time comes. I found with selling branded titled vehicles once repaired they sell for 20-25% less than a clean titled vehicle and it takes a little longer. I sold a 2010 Toyota Tacoma Pickup last week for 20% less than retail and it took 10 days. I had 50% less than retail in the vehicle. It isn't for everyone but since loosing my wife to breast cancer its been good therapy.
Bill
 

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didnt state what ya paid for it. but me i would not care if it had salvage title. i bought a trk that had salvage title. that thing was never wrecked , it just got towed in of the street and tow lot sold it. here they have to sell as salvage title. they could have just dropped the bike while sitting on it and the insurance co just salvaged it. thats what my insurance co does. dont matter if it has just a small dent it gets salvaged.
 

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Discussion Starter #11
I have talked with the owner who bought the bike new. He tells me the bike has never been down or wrecked. His X who is apparently not ready to be X found his bike out and beat it with a ball bat and razor blade. This makes sense as the dent in the fuel tank looked like the perfect imprint of a Louisville Slugger! The X beat the tour pack to pieces, ripped off the saddlebags, razored the seat, beat the mufflers, windshield and tail light. Since the bike was less than a month old with only 823 miles the insurance totaled it and sent it to the salvage auction. I bought it for 13K.
Bill
 
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