Handed bike in

[Pathos]

I got the damage priced up and it could easiliy cost over a grand.

So I've handed it over for insurance assessment.

Once they add repairing costs in it could be over it insured amount (1500 I think...)

I may never see my bike again....



Don't know whether I'd rather get the bike fixed or get a payout, I still need to get my restricted and full licences before I can get a 400.

bugger it.

[froggyfrenchman]

Sad tale mate. hope it all works out! whats wrong with the bike? crash/breakdown?

[Pathos]

http://www.kiwibiker.co.nz/forums/showthread.php?t=16949

Its mostly fairing damage/rear lights/exhaust cover/rear end but parts are bloody expensive.

[texmo]

you have first option to buy it off the insurance company, so if it is written off buy it back for $100 and you will have a bucket racer _b

[Pathos]

you're kidding!

only needs a rear tail light to be warrantable.

[stanko]

Ive got a tail light for this bike, if you need one PM me

[texmo]

then get them to write if off, buy it back off them for $100 and you will have your insurance money plus this bike...

[Waylander]

Haha I like Teximo's plan mate. Go for it.

[Flyingpony]

then get them to write if off, buy it back off them for $100 and you will have your insurance money plus this bike...
Does it really work like that?

[zadok]

http://www.kiwibiker.co.nz/forums/showthread.php?t=16949

Its mostly fairing damage/rear lights/exhaust cover/rear end but parts are bloody expensive.
Tell me about it. The quote on mine was rediculous. When it is an insurance quote, the price goes through the roof.
Texmo's idea might be a good option if that is the case.

[R6_kid]

just get the rear light and fix the other stuff over time, heck even give it a nice new paint job when you get all the fairings sorted.

If anything metal on it is broken, find a KB'er in hamilton that can get it welded for ya. I got superdaves rearset welded, looks rangi but thats coz he hasnt bothered to tidy it up :nya:

With my ZXR i never worried about dropping it, it was like 'oh well, another scractch to sand out when i paint it up' i never dropped it in the end, but its nice to know you dont have to worry so much about it - just get painted when you want to sell it anyway.

[texmo]

Does it really work like that?
Yes it does, they give you first option to buy it back at auction if it goes to say $350, they come back to you told you how much it got to and if you want to buy it back, but you have to tell them in advance that you wanna buy it back. Same if it goes to tender. But really who wants to buy a written off fxr150 so It should cost you fuck all really.

[MSTRS]

But really who wants to buy a written off fxr150
I DO!! I'll even let you keep all the bits I don't want, so you'll have some spares for your next one.

[Pathos]

But really who wants to buy a written off fxr150

no who wants a an fxr150 for less than $500 with a couple of scratches and tape with a perfectly good engine, clutch, gear box, brakes, carbs, electrics, lights, display, starter motor, suspension, etc that can be riden legally for a couple of years.

Don't need to worry about insurance or dropping it either cause you can't devalue it.

But yeah I will definitely keep it if I can.

Heh, the previous owner has seen it and was quite sad to have seen it in the state it was in. Its hard not to grow attached to the pretty thing.

[texmo]

just write it off and keep it man save the money for a new bike or buy a bucket racer.

[Pathos]

But I can't afford a new bike and don't want to go throught the hassle of buying and insuring a new bike before I have my full.

[riffer]

Another thing to think of is that if you do get the insurance company to write the bike off they have to have the bike actually taken off the road.

This usually means its very hard to get it back on the road without a lot of hassle with revinning a written-off bike.

If you do buy it back (and there's no guarantee that you can get it cheap too) you would be best only to keep it as a bucket racer.

BTW my FZR750R, which was extremely damaged by fire (see here if you missed it) (http://www.kiwibiker.co.nz/forums/showthread.php?t=10454&highlight=garage+fire) sold at auction for $1100.

[Pathos]

Argh, I found that out just on the weekend.

I'll could cost up to $600 to get it on the road and I expect around $1300 from the insurance.

[NordieBoy]

Yes it does, they give you first option to buy it back at auction if it goes to say $350, they come back to you told you how much it got to and if you want to buy it back, but you have to tell them in advance that you wanna buy it back. Same if it goes to tender. But really who wants to buy a written off fxr150 so It should cost you fuck all really.

My bike was written off by AMI and they wouldn't give me first option or even let me match the winning tender.
They were going to do it as a closed tender and the high bidder would get it.
Bastards.
:(

[Eddieb]

If they give you the option the buy it back sell it to me for bucket racing.

[MSTRS]

If they give you the option the buy it back sell it to me for bucket racing.
Take a number & get to the back of the line.