Its finally over! But what next?
+4
terry lees
mechy69
weasley
andyg1978
8 posters
Yamaha Thundercats :: Forum Main :: The Senate :: The Lounge
Page 1 of 1
Its finally over! But what next?
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
[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
andyg1978- 2Bronze
- Status :
Online Offline
Number of posts : 13
Registration date : 2014-02-18
Re: Its finally over! But what next?
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.
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.
weasley- Admin2
- Status :
Online Offline
Number of posts : 1506
Hobbies : Yes
Humour : Yes
Registration date : 2008-11-07
Re: Its finally over! But what next?
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
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
andyg1978- 2Bronze
- Status :
Online Offline
Number of posts : 13
Registration date : 2014-02-18
Re: Its finally over! But what next?
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.
weasley- Admin2
- Status :
Online Offline
Number of posts : 1506
Hobbies : Yes
Humour : Yes
Registration date : 2008-11-07
Re: Its finally over! But what next?
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.
andyg1978- 2Bronze
- Status :
Online Offline
Number of posts : 13
Registration date : 2014-02-18
Re: Its finally over! But what next?
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
Pete
mechy69- Event-Organiser
- Status :
Online Offline
Number of posts : 717
Hobbies : annoying bmw drivers
Humour : black
Registration date : 2008-11-06
Re: Its finally over! But what next?
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.
terry lees- 4Gold
- Status :
Online Offline
Number of posts : 1026
Registration date : 2009-04-20
Re: Its finally over! But what next?
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.
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.
andyg1978- 2Bronze
- Status :
Online Offline
Number of posts : 13
Registration date : 2014-02-18
Re: Its finally over! But what next?
Thanks Terry - might be best to wait till I can get some pics up though - might be too far gone......................
andyg1978- 2Bronze
- Status :
Online Offline
Number of posts : 13
Registration date : 2014-02-18
Re: Its finally over! But what next?
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.
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.
Dirt Bike Dave- Event-Organiser
- Status :
Online Offline
Number of posts : 1592
Hobbies : Bikes and beer
Humour : Feck Off
Registration date : 2008-11-10
Re: Its finally over! But what next?
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
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
robertcains- Admin2
- Status :
Online Offline
Number of posts : 2160
Humour : Lol. No chance!!
Registration date : 2009-01-10
Re: Its finally over! But what next?
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
Rosco- Admin2
- Status :
Online Offline
Number of posts : 6662
Humour : Oh Go On Then
Registration date : 2008-11-06
Re: Its finally over! But what next?
And, I suspect, illegal not to disclose if Cat-C written offandyg1978 wrote:. . . I would be completely open with any buyer- its not fair on buyer otherwise.
Re: Its finally over! But what next?
0ldcat wrote:And, I suspect, illegal not to disclose if Cat-C written off
Wouldn't want to be illegal Oldcat
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.
andyg1978- 2Bronze
- Status :
Online Offline
Number of posts : 13
Registration date : 2014-02-18
Similar topics
» Finally got a ride out
» Tygra's Cat
» Finally Back!! Yay
» Finally
» hey all! I have my t/cat finally!!
» Tygra's Cat
» Finally Back!! Yay
» Finally
» hey all! I have my t/cat finally!!
Yamaha Thundercats :: Forum Main :: The Senate :: The Lounge
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum