Advice on selling my bike?

[pampa]

So wife noticed I have two bikes and haven't attempted to sell the old one ... despite of the fact that I told her I don't have a bike myself ... since the old one is hers and the new one is from my son ... but no she wouldn't listen.

In short my question, is about what to put in the description in relation to the fact that the bike was written off after a wee accident the bike is in good condition, well maintained and with few extras.


The reality is that most of the damage was relatively minor, thus doing part of the work myself and buying the parts from the States plus some other bits carried on the shop I manage to put the bike together in a more reasonable budget and now rides beautifully.






Thanks for your advice,
Pampa

PS. If there is anyone interested don't hesitate on contact me or sending a PM

[Aslan]

Hi Pampa - you've got your Dakar looking nice.

My advice for what it's worth:

Full and frank disclosure about the bike's history and current condition - ie disclose that Insurance coy wrote it off and you have resurrected it.
Realistic expectation on price - a hard one since we all want best price when selling and buying - I'd suggest a discount to current selling price of Dakars of similar vintage / distance travelled.
Consider selling the farkle items separately for maximum sale proceeds.
Place ad under 'On Line trading' this site, TradeMe and BMWOR.
Good luck - see you out there on the road/trail soon - cheers Aslan

[Padmei]

I agree with Aslan. If you're honest there shouldn't be a problem. Obviously you couldn't expect market rates but if I was buying & saw the paperwork etc I would weigh it up vs the cost.

The bike looks good.

[Crisis management]

Full & frank disclosure always works, I have never had a problem selling a bike that has been repaired and seeing as most of mine are lazy and like lying down that means most of them!

Write up a detailed add listing the work and maintenance, it shows you cared about the bike and knew what you were doing, getting the best price is hard but maybe an auction with low start and high reserve will give you an indication, although I always like to set a price and haggle a bit with people.

It looks like a good bike and will sell readly, good luck!

[pampa]

Hi, thanks for the feedback. I'd like to note I wasn't considering hiding the truth but didn't want to scare people off and wasn't sure what the best way to approach it. So I'll follow your advise and will state clearly what the details are.

Thanks,
Pampa

[ManDownUnder]

I'm guessing it was cosmetic damage that meant it was a financial writeoff?

If so - just say it. I think most on here would either relate or understand. It wouldn't worry me personally, so long as I could see which bits/panels were replaced.

[CrazyFrog]

Yep, be honest and the buyer won't have reason to bitch about anything. There's a lot more insurance write off/rebuilds out there than you'd expect, due to the price of insurance companies fixing bikes with OEM parts. Many are written off just with cosmetic damage, priced on plastics and mirrors alone.
A lot of people buy these at good prices from insurance companies, fix them up at reduced prices using aftermarket bits and their own time, and either keep or onsell them. Any check on the registration will generally show if the bike is/has been written off and rego cancelled....or is a new rego altogether. So long as the chassis is straight, you'd should have any problem selling, the bike looks sweet. It's coming into summer man, it'll sell!

[426crasher]

Like everyone says put all your cards on the table and hide nothing is always the best policy. I have found in the past that an auction with low start and high reserve has more of a negative effect due to people thinking that as they keep bidding and the reserve is not reached they sort of get fed up and think the seller wants to much for it. Plus they tend not to bother with it if you relist it. Getting to talk with interested buyers is always best. The bike sure looks sweet and if you are realistic with your reserve bearing in mind its past history i'm sure you will sell it.
Cheers Tony.

[pampa]

I'm guessing it was cosmetic damage that meant it was a financial writeoff?

If so - just say it. I think most on here would either relate or understand. It wouldn't worry me personally, so long as I could see which bits/panels were replaced.

It was mostly cosmetic and stuff like bent rotor and bits and pieces, the problem was that the valuation was to replace every single bit, whereas I got it repaired. Plus BM values are a bit steep ...

Pampa

[ManDownUnder]

It was mostly cosmetic and stuff like bent rotor and bits and pieces, the problem was that the valuation was to replace every single bit, whereas I got it repaired. Plus BM values are a bit steep ...

Pampa

Yup - entirely normal and no big deal in my book. I just be up front about it personally. Not a big deal but something you'd want to know if you were buying it right?

[buggsubique]

hope the test riders go easy with them shiny tyres! http://nz.youtube.com/watch?v=FxbHyEIkgdU

[pampa]

hope the test riders go easy with them shiny tyres! http://nz.youtube.com/watch?v=FxbHyEIkgdU

I'm riding it today so no problem with that, I do it every time I clean it.

I know some people get suspicious about a clean bike, but I do it often cause I believe it makes easier to spot any problems may be about to happen or carry on maintenance.

Shame is raining today

Pampa