Its finally over! But what next?

View previous topic View next topic Go down

Its finally over! But what next?

Post  andyg1978 on Fri Jan 01 2016, 23:50

Just over 18 months ago I had a crash caused by a driver pulling out across my path when filtering, I posted this after it happened;
[You must be registered and logged in to see this link.]

Good news though - after getting lawyers involved the other insurance company finally paid up (they were initially claiming 50/50!!!)

The bike was written off following the accident with damage being done to the front forks, the handlebars, the crash bungs and the fairings. It was the fairing damage that was the main cause of the write off assessment.

I've had the bike in my driveway since the accident as my lawyers advised that I keep the bike in that condition until the claim was settled.

Now that the claim has been settled, what do i do with the bike. If I sell it then it will need to be sold to somebody with a trailer who can come and pick it up.

The bike was in really good condition with low mileage for its age, so I had the idea of fixing it up to sell it. A pair of second hand forks, some second hand handlebars and a fairing kit from China and it could be as good as new.

I'm basically putting this post up to get advise. Am I being stupid, should I just try and sell it as it? Or is this a good idea?

Any comments more than welcome - and happy new year everybody.

Andy
avatar
andyg1978
2Bronze
2Bronze

Male Number of posts : 13
Registration date : 2014-02-18


Back to top Go down

Re: Its finally over! But what next?

Post  weasley on Sat Jan 02 2016, 10:06

First of all, well done for seeing it through and getting resolution!

Next, the bike. My advice is to begin with remember it is just a collection of parts. Divorce yourself from any emotional connection and forget about what it used to be, because it isn't that any more.

Now you've done that you can decide... do you have the time, money and ability to fix it up? You will almost certainly not make money out of it but it would be an interesting project. Do you want to ride it again or sell it? This could effect how you repair it... if for sale then make it as standard as possible, if for yourself maybe think about how you might want to modify or customise it.

If not, then stick it up on eBay as a parts/repair, collection-only sale and see what happens. Or you could break it and sell the parts, again if you have the time and space to do this, bearing in mind you will never sell all of it so at some point will have a carcass to get rid of. Bike breakers may take it off of you but you won't get much for it.

Brutal I know, but hopefully helpful.
avatar
weasley
Administrator
Administrator

Male Number of posts : 1443
Hobbies : Yes
Humour : Yes
Registration date : 2008-11-07


Back to top Go down

Re: Its finally over! But what next?

Post  andyg1978 on Sat Jan 02 2016, 13:36

Thanks Weasley - I know you are right as well. I've got to divorce myself from the bike itself.

I don't think that I would ride it again - the crash has changed my feelings on riding a bit. It just doesn't seem a fitting end to the bike.

Seems like a good plan though, put it up on ebay for sale, collection only and see what happens. If I don't get anywhere then it would make a fun project, when the weather is a bit better.

Andy
avatar
andyg1978
2Bronze
2Bronze

Male Number of posts : 13
Registration date : 2014-02-18


Back to top Go down

Re: Its finally over! But what next?

Post  weasley on Sat Jan 02 2016, 13:59

Also, has it been officially declared a write-off? If so, which category? A buyer will want to know and it may effect its value.
avatar
weasley
Administrator
Administrator

Male Number of posts : 1443
Hobbies : Yes
Humour : Yes
Registration date : 2008-11-07


Back to top Go down

Re: Its finally over! But what next?

Post  andyg1978 on Sat Jan 02 2016, 15:19

I don't think it has been declared a write off but would need to check with the DVLA. I would be completely open with any buyer- its not fair on buyer otherwise.
avatar
andyg1978
2Bronze
2Bronze

Male Number of posts : 13
Registration date : 2014-02-18


Back to top Go down

Re: Its finally over! But what next?

Post  mechy69 on Sat Jan 02 2016, 15:49

Hi there, from past experience the insurance will have already put this as a cat C for a guess, but you might be lucky !!, can you put any pics up that will help

Pete
avatar
mechy69
Event-Organiser
Event-Organiser

Male Number of posts : 713
Hobbies : annoying bmw drivers
Humour : black
Registration date : 2008-11-06


Back to top Go down

Re: Its finally over! But what next?

Post  terry lees on Sat Jan 02 2016, 16:24

I know a certain gentleman north of the border who might be interested in your bike, it might turn what is currently a bag o s....t into something that is half reliable.
avatar
terry lees
3Gold
3Gold

Number of posts : 997
Registration date : 2009-04-20


Back to top Go down

Re: Its finally over! But what next?

Post  andyg1978 on Sat Jan 02 2016, 16:33

I'm guessing it will be a Cat C unless the insurance company have not registered it. My Lawyers had an engineers report done on the bike and the recommendation was that it would be a Cat C write off. Still a Cat C can go back on the road with a valid MoT certificate - but it would effect the price, but making a profit is not really my end goal - would be good to see it back on the road.

Ill need to look the report out............

As for photos. I'll get some of them uploaded, but might not be able to get any until Monday.
avatar
andyg1978
2Bronze
2Bronze

Male Number of posts : 13
Registration date : 2014-02-18


Back to top Go down

Re: Its finally over! But what next?

Post  andyg1978 on Sat Jan 02 2016, 16:35

Thanks Terry - might be best to wait till I can get some pics up though - might be too far gone......................
avatar
andyg1978
2Bronze
2Bronze

Male Number of posts : 13
Registration date : 2014-02-18


Back to top Go down

Re: Its finally over! But what next?

Post  Dirt Bike Dave on Sun Jan 03 2016, 09:45

I've sent you a pm Andy.
I need some parts for the rebuild of stevecat1.
Which I have disassembled in the shed awaiting new garage/workshop to be built. Hopefully this year. Rolling Eyes

__________________________________
In a previous existance i may have known the Bouncer.

[You must be registered and logged in to see this image.]
avatar
Dirt Bike Dave
Event-Organiser
Event-Organiser

Male Number of posts : 1563
Hobbies : Offshore / Bikes and beer
Humour : Feck Off
Registration date : 2008-11-10


Back to top Go down

Re: Its finally over! But what next?

Post  robertcains on Sun Jan 03 2016, 10:33

As long as the frame & headstock are ok then its repairable, it's simply down to economics.
I repaired one with similar (if not worse) damage a couple of years back using a variety of second hand parts & repairing original fairings etc.
That bike is still going strong & is owned by one of our members
avatar
robertcains
Administrator
Administrator

Male Number of posts : 2123
Humour : Lol. No chance!!
Registration date : 2009-01-10


Back to top Go down

Re: Its finally over! But what next?

Post  Rosco on Sun Jan 03 2016, 13:43

terry lees wrote:I know a certain gentleman north of the border who might be interested in your bike, it might turn what is currently a bag o s....t into something that is half reliable.

I think he is talking to you Dirt Bike Dave. I'm not allowed any more bikes or bits of bikes.

Good Luck Andy with whatever you decide to do.

Cheers
Rosco


avatar
Rosco
Administrator
Administrator

Male Number of posts : 6370
Humour : Oh Go On Then
Registration date : 2008-11-06


Back to top Go down

Re: Its finally over! But what next?

Post  0ldcat on Sun Jan 03 2016, 15:05

andyg1978 wrote:. . .  I would be completely open with any buyer- its not fair on buyer otherwise.
And, I suspect, illegal not to disclose if Cat-C written off ponder
avatar
0ldcat
founder

Male Number of posts : 5078
Hobbies : Motorcycling, Cooking, Rugby
Humour : It shrank in the wash
Registration date : 2008-11-05


http://www.yamaha-thundercats.org

Back to top Go down

Re: Its finally over! But what next?

Post  andyg1978 on Sun Jan 03 2016, 18:15

0ldcat wrote:And, I suspect, illegal not to disclose if Cat-C written off ponder

Wouldn't want to be illegal Oldcat Wink

Besides, my first car was a cat c and not disclosed at the time of purchase. I didn't do any checks on it and ended up with a lemon.
I did learn from my mistake but would not want anybody to go through that.
avatar
andyg1978
2Bronze
2Bronze

Male Number of posts : 13
Registration date : 2014-02-18


Back to top Go down

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum