Salvage

Short version of long story:

bike a category D write off (uneconomical to repair, due to cosmetic
damage) - i.e. perfeckly rideable, just bits of plastic falling off it
and some bent bits sort of thing.

Y2K Thundercat (and sorry, there's only one of it) 24K miles. They
gave me 2.8K insurance, but want 1.1K if I want to buy it back off
them.

My questions are:
[1] Why should a written off bike be worth eleven hundred quid?
[2] What happens to it if I give it to them? (not that I'm emotionally
attached to it - I just want to know if it will cost them money to
kill it completely or make them money as manky spares)
[3] Would any of you lot pay that much for a 4.5 year old write off?
[4] How much (seriously) should I put up as a counter offer?

 

In uk.rec.motorcycles, Leo amazed us all with this pearl of wisdom:

It's worth as much as anyone is willing to pay.

Five hundred.

 

My plan was to use it for 'track skills days' as I won't be minding
throwing it down the road any more, and I'm far too crap to actually
go on a proper track day....

That's the thing. I'm not willing to pay that much, but I have no
idea what the real value would be.

A-Hah! Ta.

 

My SRX was in the same situation and I kept the bike having paid 20% of the
pre-accident price as "salvage value" , so it sounds like they are trying to
charge you over the odds.
--
Alex

Hermes: "We can't afford that! Especially not Zoidberg!"
Zoidberg: "They took away my credit cards!"

www.drzoidberg.co.uk
www.sffh.co.uk
www.ebayfaq.co.uk

 

In

I paid that for my '02 R6 as salvage, so I really think that's a little bit
steep! I'd be more inclined to get them to pay you the full 2.8K and be
done with it.

 

Yebbut that someone would either appear to be me or a slightly
retarded idiot.

As you were then.

That's the crunch isn't it. Do I really want it.

That's useful, that is. Good points, well made, and as it is at my
house already they won't have to come and pick it up now either.

Thank you.

 

hmmm.
20% of 2.8k....
takes a bit off for intheshitative..
takes off a bit more as they don't have to touch it or store it.
adds commission.
takes it off again.
removes the number first thought of

Right.
£450 it is then.

Ta.

 

There's a story attached (not very interesting so I won't tell you)
but all in all I think I'd prefer to clutter up my back yard with
bikes.

So I'm probably going to go with previous advice and do a counter
offer thingy. I'll tell 'em about your '02 R6 and see what they say.

Thanks anyway.

 

I'm amazed their first offer was so high - often insurance companies don't
want the hassle of disposing of written-off bikes / cars, and will offer you
the salvage at a 'can't refuse' price. My mate's Toyota Supra was written
off, and he bought it off the insurance company for £600. He then sold it to
a friend for £2000 - having done nothing to it.

 

What happened?

 

Previously reported here.

Back in January (yes, it took them that long to come to a decision)
passenger of a taxi opened his door in front of me in a narrow road
with parked cars either side. I lost the front end missing him and
his door, and took out a large proportion of the rhs of the bike while
sliding down the road.

<25mph spill and the bike's a write off ffs.

Never mind. New sig coming soon.

 

Oh, that.

Yeah, neg.

What you getting, then? Another one?

 

ugh.

 

Ah - I rather like those.

 

Ben Blaney emerged from their own little world to say

They go very well. Not much bike for £9k though.

They look okay in profile
http://www.the-cycle.com/webboard/TC/TC015209_A1.jpg

But from the front, oh dear
http://www.mc-huset.no/BMW/2005/r1200st-500lykt.jpg

 

Agh - you bastard! That's even uglier than the Multiminging!

 

Still running it in, but the difference from the Thundercat is er,
shall we say "noticeable"?

I just love the idea of having a bike with two cylinders, each _one_
of which is as large as all four of the ones from my previous bike.

Re: 'from the front, oh dear' - DILLIGAF - I don't have to look at it
from the front! (And it lights up the road ahead at night like a
lighty uppy thing on steroids and a jet pack.)

I'm happy with it, and it suits the getting older and fatter image
that I'm projecting these days with no effort at all.

The darsys among you will just have to stay behind me on botas so they
don't have to see the front. (Or possibly stay in front of me as
usual and not use their mirrors?)

 

**** me ragged, that's appalling.

Is that the new version of the bike they used to have the one-make
racing series for? They did a special edition that I saw at the Dick
Turpin one time.

 

Ben Blaney emerged from their own little world to say

Eww, no and yes in that order

Yes