I need to stay away from the auctions

Eumuchissit? (and whereissit?)


GB

 

I know the part 2 answer; Brisneyland.

 

send your email address to r601969atyahoodotcom and I will shoot your some
photos and details.

Boxer

 

OK, well that tells me the answer to the first part. I've got a
brother-in-law up that way who WILL talk him down to threefiddy,
and Boxer will gladly take the kickindanuts to be rid of him!


GB

 

I'm in Taswegia and there aren't a lot of bikes on the market down
here and when there are they go for a premium.

 

Ahuh... and how many wrecks have you brought back from the dead to be
able to offer such in-depth, detailed advice on the subject?

(four, and working on a fifth, incidentally...)

 

2 bikes and a car so far. The other GSX-R I am going to wreck for parts
and stick everything on ebay. I should probably do that with the K7 as
well but it is too damn good to wreck.

Fraser

 

Kevin Gleeson wrote:

Boag's Premium or Cascade Premium?

 

Boag's, of course.

 

By "brought back from the dead", I mean "how many wrecks you've
rebuilt are now running around again, registered" rather than "how
many wrecks have you trailered home from the auctions."

Saying that all resurrecting a wreck takes is tools in the shed and
time on Ebay means that you've either never done it, or that you
haven't actually done your sums at the end if you had.

There's a reason the only people who manage to make enough money out
of the process to make it worthwhile have to use stolen parts to do it.

 

Sorry but you are wrong. There is 2 ways to make money. Rebuilding and
breaking for parts. I got the triumph from an auction. Took it
home, taped up the fairing and rode it to the licencing centre the next
day and registered it. I am now riding it. I just got back from
Melbourne with the new fairing and I am in the process of painting it
and the bike will be like new. Total cost for an 07 Triumph Daytona 675
will be just a tick over 7 grand.

The K7 GSX-R 1000 I am in the process of doing now needs plastics, a
radiator and a new headlight. Plastics on ebay from Hong Kong are $800
US shipped, I've got a radiator for $250 shipped from the states and a
headlight will be no more than $700 from the dealer. I paid $4k for the
bike. Total cost will be well under 7 grand. Both bikes are worth well
over 12 on the second hand market. If you aren't doing stuff like this
then you are doing something wrong.

Fraser

 

So it's done the headlight and the rad... that means a frontal impact.
Get the frame checked.

"But it looks straight."

I don't care; get it checked. The cast front halves of those frames
don't bend; they crack.

....and they come with a complimentary gold Rolex.

A brand-new GSX-R1000 can be had for under 17k on the road these days.
Absolute top-dollar for a year-old example with a few goodies on it is
about $13,500.

A REVS check done on the one you'll be selling will see it come up as
having been a repairable write-off, and it'll be dressed in bodge-
tastic Kinezo knock-off fairings.

Is the frame marked? How about the swingarm? Pipes? Footpegs and
brackets? Levers? Bar ends? Tank? Engine covers? The bottoms of the
forks? Any and all that stuff is a deduction.

My prediction; $9000... it being a repairable write-off alone knocks a
couple grand off its value.

The only way to make the sort of margin on a wreck you're thinking of
is if you find a complete muppet to sell to, and those tend to get
scooped up by bikeshops.

 

It was a side impact.

I will definitely be getting it checked.

Get on ebay and look, read the feedback and have a look on some forums.
The plastics coming out of Korea are brilliant quality.

They aren't 17k on the road here in WA. They are closer to 19k. The
one I have also has 2 grands worth of Titanium Yoshi exhaust on it.

Last 2 bikes I sold the guys buying them didn't even test ride them.

All that stuff is fine. The plastics took the brunt. The pegs are perfect.

So I make 3 grand on a bike for about 4 days work. Still not bad going.

Dime a dozen here. People would fall over themselves to get a 12k one
year old GSX-R in this state. The second hand market here is tiny. Go
to bikesales.com.au and look at all the bikes in WA.

There is 2 GSX-Rs one is an 04 for $12500 and the other is an 03 for
$11995. Even if you knock 2 k off those asking prices my bike is 12
grand all day long.

Fraser

 

While I accept that you could be buying Korean made plastics through a
Hong Kong retailer, Hong Kong is more often associated with China.

 

By "brought back from the dead", I mean "how many wrecks you've
rebuilt are now running around again, registered" rather than "how
many wrecks have you trailered home from the auctions."

Saying that all resurrecting a wreck takes is tools in the shed and
time on Ebay means that you've either never done it, or that you
haven't actually done your sums at the end if you had.

There's a reason the only people who manage to make enough money out
of the process to make it worthwhile have to use stolen parts to do it.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
They don't have all that "repairable write-off" palaver in WA IK. As far as
I'm aware it's just a simple rego inspection like any other bike; not the
whole pay-$500 for the inspection, get bounced 'cause you haven't got a
receipt for the replaced footpeg-rubber, and then pay $500 for the
re-inspection when you can get anopther appointment in 3 months time.......

 

Not sure if that is still relevant. WA are online to the NEVDIS
database which is the national shared database of driver licensing and
vehicle registrations, and since about June last year the states share
information vehicles which have been declared statutory or repairable
writeoffs.

And as an aside, a late of frustration and potential warning to the
unprepared about registering repaired writeoffs. In 2005 a bike was
written off in SA, and purchased, shipped to Victoria, all the paperwork
was in order, receipts produced, a VIV obtained and the bike registered
in Victoria and sold. Mid 2007 repairable writeoffs were added to the
NEVDIS database and information about written off vehicles shared
between states to stop bikes being written off in one state and stolen
bikes rebirthed in another state I presume. 2008 the bike is sold and
shipped to Queensland. QLD transport access NEVDIS and see that SA
transport have registered the bike on the system as a repaired writeoff,
but Vicroads have never entered the information about the VIV
certificate into the system, so they need a VIV certificate to be
obtained, for which all the receipts must be obtained, but they cannot,
because the bike was VIV'd 2 years and 2 owners prior and the
documentation no longer exists. Many telephone calls, letters, 3 trips
in the trailer to Qld transport and 14 days later the bike finally gets
registered.

Nev..
'07 XB12X

 

Fark; that's a trick!!
Thanks Nev; I'll have to be wary of that.

 

That may well be, but the problem isn't the inspection and having to
produce receipts for the replacement parts you've fitted, it's the
entirely arbitrary and thoroughly exorbitant fee they attach to it for
the express purpose of making it unprofitable to resurrect wrecks - or
more tempting to resort to Midnight Spares, Inc, and falsified receipts.

If the WA fee is a nominal $60-$70 to cover the inspectors' time, rather
than the $600-$700 they charge over this end of the country, then
Fraser's already some distance ahead.

 

What he said.

Fraser

 

Yep. $50 for a normal inspection.

Fraser