Buy back or not?

**HDTboy** · 22nd December 2005, 11:44

If the frame's bug(juice)gered he could use my frame

**bugjuice** · 22nd December 2005, 11:47

true, he could mash the two together.. is your engine poked then? or you just trying to get a sale?

**Sketchy_Racer** · 22nd December 2005, 12:04

bugger, he got shafted!!

**R6_kid:Me** · 22nd December 2005, 12:36

make your f*cking mind up kid. Thought we were gonna rebuild it in my garage and give it a good paint job. You could probably fling it for $4500 or more if you forget to mention the accident.

**texmo** · 22nd December 2005, 13:32

Originally Posted by mattt

Nup - buy my vfr400rr

how much, I wont be able to give cash till after x-mas day I get my pay out on friday.

Originally Posted by **R1**

Mate that things fucked, let it go, and shop around for something else,

by the time you buy it back, replace or straighten the forks, replace the tank, and replace the radiator, you could have bought another bike,..

I cant really afford to buy another nice 250 I will get about $5700 after my excess, I have new forks already but one needs a new seal thats no biggie, I also have a new tank.

I have got all the parts and will need another $500 in parts that $900, then buy back which will be around $600, im sure I can get it on the road easy, the frame is perfect...

**texmo** · 22nd December 2005, 13:56

OK FUCKING HELL!
I have just spoken to my broker again, and insurance company said my bike isn't worth $6500 because they know all even though red baron said that's what its worth, so they are gonna get it re-valued by somebody else... My bike has only $5k worth of damage or something so may not be a write off and they have been offered $500 for the wreck so far... the insurance company also said its taking a while to get my driving record from the LTSA and that's holding them up!

I mean I pay like $2k in insurance and they still fuck me around.

**WRT** · 22nd December 2005, 14:09

Argue it with them. I had to with state, was well worth it in the end. Get another valuation done by an independant 3rd party, it may mean that you have to wait to get the money, but better than taking what they offer you. Dont be surprised if their valuation comes in at something like 3k, be prepared for it, dont get angry with them, just find out what you need to do to contest their valuation. When they valued mine, the assessor didnt even go out and look at the bike, they just plucked a figure from thin air and hoped I would accept it.

Get your own valuations done, and ARGUE IT! Keep a level head when dealing with them, but fight it!

**texmo** · 22nd December 2005, 14:14

Yer well there is $5k damage and they are considering putting it back on the raod for me

**Coyote** · 22nd December 2005, 15:30

Buy it as a race bike and buy a RGV250 road bike with the rest of the money

**John** · 22nd December 2005, 21:53

Originally Posted by texmo

Yer well there is $5k damage and they are considering putting it back on the raod for me

and the problem is, if it is a write off then your going to go through a few hard years if you live anything like me.

ps if you buy it back sell it to me because I want it to do burnouts on, by on I mean get my bike and burn some rubber all over the gay honda shit.

**pyrocam** · 23rd December 2005, 15:01

insurance standard is if its more than 75% of the pre-accident valuation then its a write off.

yeah getting a driving history can take up to something like 4 weeks (one of mine to 8)

**NinjaBoy** · 23rd December 2005, 21:38

Originally Posted by texmo

Yer well there is $5k damage and they are considering putting it back on the raod for me

and they are contesting its worth $6.5K? Doesn't make any sense they want to put it back on the road. I've had far less damage on my bins and my insurance coy were really quick to assess a write-off.

**poorbastard** · 23rd December 2005, 22:13

Good luck with the inurance company.

My old gsxr got written off but with bugger all damage (was only valued at 2500) the 3rd partys insurance company paid out and I got my bike back for 50 bucks. Spent a couple hundred on it and got it road worthy again. However it did take 5 months to get the bloody money off the bastards(Tower).

**inlinefour** · 24th December 2005, 11:13

Hope all this shyte is sorted out before the summer really starts. I'd suspect that you'll be waiting over the Xmas period anyhow. Bike does not look too bad in the picture, but you never know exactly what your going to end up in the end. If it has had a big knock then the motor could be screwed in 12 months or there abouts. Had a 4WD hit one of my old cars from behind, 15 months later the gearbox is playing up and the motor is not too happy.. Either way I hope you get back on the road soon without too many more hassles.