View Full Version : What should I do with my VFR?
Coyote
23rd March 2008, 13:48
If I keep it, it'll continue costing me money whilst still being a bucket of shit, wasting time, money and effort that could go towards something else. If I sell it, the most I'll get back is $2000, but the bike has cost me $4000 and I've had to spend $2500 on it and I know the guy I sell it too will be some smug arsehole that gets a bike that'll turn out mint for him and for dirt cheap.
I still have about $3000 left to pay off on the loan for it. No job yet, sent CV into a few places though.
What should I do?
discotex
23rd March 2008, 14:36
I don't have the answer but I think Kenny can help..
kn481KcjvMo
Toaster
23rd March 2008, 14:41
Well, the money spent is what I call a sunk cost. Plus, depreciation (declining market value) is inevitable mate.... you almost need to forget that bit. I consider that as 'rental' on a bike.
It really comes down to whether or not you can afford to keep it pending finding gainful employment.
If you feel that your employment prospects are good i.e. you expect to pick up work very soon... then maybe hang on a bit if you like the bike. If you feel it's unaffordable and you can't make ends meet, then sell it if you can while demand is still reasonable.
People are tending more towards conservatism as the economy slows in some sectors. The cost of living as certainly risen big time over the last couple years. If the dollar falls relative to the US greenback then that will only worsen.
hazard02
23rd March 2008, 16:30
Park it in South Auckland overnight and proceed to collect the insurance pay out.
On a more serious note, if you hate it and are convinced its only going to require more work then sell it asap. Put it on tardme with details on where the $2500 of work has gone and what else needs to be done, and you may be surprised. At the very least you'll be rid of it and can move on.
Coyote
23rd March 2008, 17:13
If you feel that your employment prospects are good i.e. you expect to pick up work very soon... then maybe hang on a bit if you like the bike.
I thought it would've already depreciated as far as it'd go. It's only aged a few more months and done a few more k's since I got it as a 15 year old bike.
I hate the thing. It's brought me back into depression.
I'm likely to get a scooter next. Nice, cheap, brand new, reliable, dependable transport. At this stage I'm halting spending any more money on the bike, except maybe getting a Haynes manual to see how much I can fix myself. Bright side of a fucked bike is the DIY challenge.
scracha
23rd March 2008, 17:59
What should I do?
Admit you were stupid to spend 6.5K on a 15 year old bike then go out and find a job.
Coyote
23rd March 2008, 18:02
Admit you were stupid to spend 6.5K on a 15 year old bike then go out and find a job.
Bah.
Sorry, short tempered.
homer
23rd March 2008, 18:07
i think thats was far comment
after all you brought a bike you cant keep up , im not having a go at ya
just that ive been there done that .
now theres 2 cars and 2 bikes
one car and one bike are due for a few bits to be done , what the fuck ,has to be done
Ill say this
you sell the bike and what youll be paying out for a scooter thats new will be the same costs involved
just my thoughts
so dont shoot me down for it
Coyote
23rd March 2008, 18:24
i think thats was far comment
after all you brought a bike you cant keep up , im not having a go at ya
just that ive been there done that .
now theres 2 cars and 2 bikes
one car and one bike are due for a few bits to be done , what the fuck ,has to be done
Ill say this
you sell the bike and what youll be paying out for a scooter thats new will be the same costs involved
just my thoughts
so dont shoot me down for it
I got a bike I was recommended to buy but several reputable members on this site after wanting something newer and bigger. They reassured me there'd be no problem, these bikes last forever, etc. Really they just wanted to sucker me into restoring a bike that they'll hopefully snap up on trademe for themselves once I give up and sell for cheap.
A brand new scooter won't need new disk brakes from Thailand that turn out to be warped, the rear shock needing to be rebuilt, forks needing to be rebuilt, failing electrics, exhaust blowing holes out of itself, and other shit. What it might have in common is a smoking motor, but I'm pretty sure 2 strokes are allowed to be that way unlike 4 strokes.
homer
23rd March 2008, 19:11
sounds like you got shafted
sorry to hear that
i know some things turn out to be better or worse that the first instance .
Yeah maybe you should sell it.
just weigh up the costs of selling then buying something else .
Ive dont it lots .
NinjaNanna
23rd March 2008, 20:17
Get yourself a proper quote on what it will cost to make it reliable note the emphasis on reliable.
I doubt your rear shock has to be rebuilt, likewise the front forks, just wipe them down before the WOF if they are only just slightly weeping.
Try some wreckers in Oz or perhaps the States get yourself a new can.
Keep an eye on your oil level and don't thrash it out, your smokey engine will probably go for a lot longer than you might expect.
Ixion
23rd March 2008, 20:26
Y'know , there's a sort of art in old bike riding. In knowing what *needs* to be fixed, versus what *should* be fixed.
Y' sort of need to accept the old bike like y' would y' grandfather. Not everything is perfect any more. But there's a difference between the imperfact that calls for a fast trip to the emergency ward, and the imperfect that just calls forth a complaint about getting old on cold mornings.
If something's wrong that might fail and kill you, yes, you must fix that. Or if it's so gutless that it can't even get up that hill. Or if something's worn that may break and leave you stranded 500km from home, you need to look at that.
But, if you tried to get *everything* on an old bike up to perfect condition, it would cost an absurd sum. Some folk do indeed do that, restore old bikes to as new condition. They have a lot of money and rather strange ideas.
But for people like myself who simply *ride* old bikes, it's different.
So, it smokes a bit. So long as it isn't so bad it will fail a WoF (don't get me started on that!), where's the problem. Just use cheap oil, and put a bit in now and then. After 100000 km or , it's *entitled* to a wee oily tipple.
If the suspension's a bit worn (bearing in mind what I said above about fixing stuff that might kill you), well, just accept that, and corner a bit slower.
And so on. Sounds to me that maybe you are demanding a state of mechanical purity that isn't really practical.
Me, I'd keep it. But I wouldn't spend any more money on it. Or, not much. Only what *had* to be spent.
riffer
23rd March 2008, 21:11
A brand new scooter won't need new disk brakes from Thailand that turn out to be warped, the rear shock needing to be rebuilt, forks needing to be rebuilt, failing electrics, exhaust blowing holes out of itself, and other shit. What it might have in common is a smoking motor, but I'm pretty sure 2 strokes are allowed to be that way unlike 4 strokes.
Geez Daniel, all these things can be fixed in your spare time.
Tell the truth - your girlfriend wants you to get a nice tidy Toyota doesn't she?
Keep it. And learn to fix it. Ignore your parents bleating on as well. Or bring it round to my house and I'll fix the bloody thing (eventually).
BTW have you finished reading my Burt Monroe book yet?
jafar
23rd March 2008, 22:54
All sounds pretty normal for an older bike, I'd be inclined to keep it & fix the things that need fixing & put up with the rest until you are in a better financial position.
Older bikes are cheaper to buy than new ones but do come with a higher maintenance factor, the trick is to figure out when the cost of repairs is higher than the cost of a loan on a newer toy & if you can in fact get the loan. When the scales point towards the later model machine then is the time to change.
As you have stated that you already have a loan for the existing machine & are unemployed then your options are limited.
The Pastor
24th March 2008, 07:35
wah wah wah look at me ive got an old bike.
HTFU.
But i'll give you 2k for it :D :D
Coyote
24th March 2008, 08:15
Geez Daniel, all these things can be fixed in your spare time.
Tell the truth - your girlfriend wants you to get a nice tidy Toyota doesn't she?
Keep it. And learn to fix it. Ignore your parents bleating on as well. Or bring it round to my house and I'll fix the bloody thing (eventually).
BTW have you finished reading my Burt Monroe book yet?
Shit, forgot to give your book back. Sorry, I kept it in good condition, never got a chance to read it sadly. You can have it back whenever.
I'm getting a Haynes manual when Capital Books are open (possibly today). Parents are loaning me the cash for it.... total owed to them is now $600 or so, lost count. A lot of the things fixing require more free time than I have since I need to commute on it and more money than I have which is nil. Unless warped brake disk is a simple matter of whacking it with a hammer.
The girlfriend wants her own bike :wari:
Fork seals are going out I'm pretty sure. If you're keen to give that a shot I'll bring the bike and book around sometime. Get the headbearings sorted too.
Coyote
24th March 2008, 08:24
All sounds pretty normal for an older bike,
Funny none of the VFR purists told me that before I bought the thing. They were all "yeah, yeah, it'll last forever, they're reliable as hell".
Y'know , there's a sort of art in old bike riding. In knowing what *needs* to be fixed, versus what *should* be fixed.
Y' sort of need to accept the old bike like y' would y' grandfather. Not everything is perfect any more. But there's a difference between the imperfact that calls for a fast trip to the emergency ward, and the imperfect that just calls forth a complaint about getting old on cold mornings.
If something's wrong that might fail and kill you, yes, you must fix that. Or if it's so gutless that it can't even get up that hill. Or if something's worn that may break and leave you stranded 500km from home, you need to look at that.
And so on. Sounds to me that maybe you are demanding a state of mechanical purity that isn't really practical.
Me, I'd keep it. But I wouldn't spend any more money on it. Or, not much. Only what *had* to be spent.
So far everything I've fixed has been due to a warrant tester saying so. Front disks, windscreen, rear disks, rear shock, tyre that burnt up to quick due to the shock, etc. And I don't think the brakes shuddering when braking for the lights, or worse, going into corners and the front end threatening to cave in, is considered demanding for mechanical purity.
This wasn't meant to be a restoration project. It was meant to be the cheap bike that replaced my RG150 which was also unreliable that wasn't exactly what I wanted but I needed something to get me around.
Get yourself a proper quote on what it will cost to make it reliable note the emphasis on reliable.
I doubt your rear shock has to be rebuilt, likewise the front forks, just wipe them down before the WOF if they are only just slightly weeping.
Try some wreckers in Oz or perhaps the States get yourself a new can.
Keep an eye on your oil level and don't thrash it out, your smokey engine will probably go for a lot longer than you might expect.
The rear shock lost all it's oil and was bouncing around. When accelerating from a corner the rear end would chatter as the wheel couldn't grip to the ground. Made for some fun drifting, but wasn't safe with the girlfriend on the back. I've already rebuilt it, got it done cheaply by my mates at the local bike store but since they took forever the battery died and the whole situation cost more than sending the shock to Robert Taylor to get it done right and quick.
As I said, fucked bike means I have something to fix. Ought to keep it just for that. Should learn a lot. Still need to get a second vehicle to move around on before tearing the VFR to pieces.
megageoff76
24th March 2008, 08:32
Are you sure the discs are warped? I had a CBR400 that would shudder under braking, which I bought new discs for only to discover that it was actually a buckled front wheel causing the problem.
scracha
24th March 2008, 08:49
Bah.
Sorry, short tempered.
That's OK. I forgot to rub in the stupidity of buying an old bike on finance.
Mate, whoever talked you into buying a high revving 15 year old jap V4 as an inexpensive commuter bike needs shot.....especially at the stupid prices they go for in New Zealand. This is what happens when you take advice from Skidmark.
I seem to remember Sketchy Racer telling you that your RVF was an overpriced piece of shite. If you're not mechanically minded then why didn't you take someone more experienced with you when you purchased it. Just to cheer you up, the new oner of my VFR750 (you remember, it was in the VFRPS for a sniff over 2K) has done quite a few tours on it and hasn't had a thing go wrong with it.
It's called shiny bike syndrome and most of us have been there. HTFU. Fix the thing up, flick it to someone on Tardme and buy a cheapo and bombproof air or oil cooled bike (Bandit springs to mind).
Deviant Esq
24th March 2008, 10:53
It's things like this that scared me off buying a near 20 year old 400 (at an inflated price), and influenced my decision to buy an under 10 year old 600 instead (at a not much higher price with all the maintenance done). Also having test ridden a VFR400 (NC30) and thinking "hmm, feels like a 250 with a little more poke..." - the benefits of getting your full before upgrading.
At the end of the day though, the end price of an NC30 compared with a more modern 600 is dependant on how well it was maintained before you bought it. It's this factor, the "how much extra will I need to spend once I get it home" factor, that caused me to go to such pains to have the bike I was considering thoroughly checked out before I went through with the purchase - I too have had my share of lemons in my life, and like you, at the time, my finances could not cope.
Also, the type of person that owns a bike like an NC30 (broad generalisation of course) in many cases doesn't have the means to look after it properly, often being younger and poorer, either spending all their money or worse, being a student, whereas the owner of a more modern 600 may well be a bit older and with a bit more disposable income... also more inclined to look after their newer machine.
Many VFRs give their owners no problems at all and are well known for lasting well... the unfortunate situation here, to put it simply, is that you wound up with a lemon. If it looks good cosmetically though, you should still get over $3k for it on trademe - there are plenty there who'll buy on emotion, the "I want it must have it" factor, and won't get it checked out beforehand. Let the buyer beware!
HungusMaximist
24th March 2008, 11:03
Cut your losses, just get ridd of the damm thing if you can't afford to keep her.
Just letting it sit there is costing you a whole of grief and plus you're wasting your productivity just by being on here asking for advice where you could be amping your CV or looking for jobs.
When you do get 600 hundy a week job, you don't need to worry about all this shit and by then you'll probably have yourself a new and better bike.
FilthyLuka
24th March 2008, 11:30
you wan't my oppinion? Keep it untill you get new work, fix it up while you are paying it off. Once its all payed off, if it still isn't up to scratch, flick it off, or if it is, keep it.
If you flick it off, head down to your local suzuki dealer and pick up a new DR400SM (they are like $7995 now) on finace, or a DR650 for a bit less... and Wallah! Good commuter bike
Warped discs? Large plate and a hammer. Fork seals? You have a vice don't you? Do em yourself. Wee bit of smoke? Extra uppercylinder lubrication never hurt anyone. Hell, i know of a dude that owned an old Z750 kwak twin that got a cap of 20-50 every tank full just for that reason. Busted rear shock? Robert Taylor.
mark247
27th March 2008, 13:05
If i was in your position id sell it. But thats just me. All these problems with it are very minor, other than the smokey engine which could be expensive. It sounds like you bought a dud. My vfr400 has nearly 50,000km on it and its running like new. Doesnt burn or drip any oil. You could possibly sit back, buy a cheap as commuter scooter for like $500 to get around, then save up some doe and when you got the cash either fix up your bike, or get another better quality VFR and use your one as a parts bike? Up to you i guess. If you are sick of the damn thing, which is sounds like you are, i would flog it off and cut your losses. meh.
xwhatsit
27th March 2008, 14:41
Nothing that's too wrong with it. I got myself into a similar situation with my bike, but unlike you, I didn't have any money, so had to learn to bodge and bash things. You sound like you've had just enough money to prevent yourself from being inventive.
First thing I did, having no other option but to leave it in the garage or catch the bus, was to buy a manual. Ixion's right, you have to learn how to use your brain instead of throwing money at the thing. Hell, even now, you're buying a brand-new manual from a book-shop?! I got mine for a few dollars on eBay UK. Your philosophy is all wrong, lol.
mark247
27th March 2008, 16:13
I have the pdf version of the NC30 manual on my computer, if you want it give me an email address and ill send it to you.
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