Diminished Value
Stellar HDF Member
Joined: Oct 2008
Posts: 2,817
Likes: 176
A 4 year old used bike that has been in an accident worth a cash value of over 30 thousand. Lol. Tell the insurance company you'll sell it to them for 20. This has got to be a joke. If I were buying private or from a dealer and they started talking about value of add ons I would laugh and walk away. Add ons are a loss if your talking resale. that is why people keep take offs and then reinstall them before trade or sale.
Seasoned HDF Member
Joined: Jan 2015
Posts: 15,944
Likes: 7,037
From: Sandy Eggo's North County
Why would anyone offer decent money to a wrecked vehicle when there are literally thousands of perfect garage queens?
Road Captain
Joined: Jul 2009
Posts: 523
Likes: 4
From: New York
with an insurance claim of $9,000 I wonder if there is a "car fax" report available on it. If there is....you will not get anywhere near what you think. A case in point: I leased a 2015 Mercedes E 350 for my wife.. The lease was for two years and in that time my wife was hit head on by some kid in a pick up. He did around $9000 in damage to the car that his insurance company took care of. At the end of the two year lease I returned the car with around 10K miles on it. Because of the low miles the dealer planned to detail the car and put it on their showroom floor for a quick sale but when the "Car Fax" report came back they wholesaled the car to get rid of it.
Does anyone know if Car Fax does reports on bikes?
Does anyone know if Car Fax does reports on bikes?
Club Member
Joined: Mar 2016
Posts: 11,674
Likes: 22,156
From: Clearwater, Idaho
with an insurance claim of $9,000 I wonder if there is a "car fax" report available on it. If there is....you will not get anywhere near what you think. A case in point: I leased a 2015 Mercedes E 350 for my wife.. The lease was for two years and in that time my wife was hit head on by some kid in a pick up. He did around $9000 in damage to the car that his insurance company took care of. At the end of the two year lease I returned the car with around 10K miles on it. Because of the low miles the dealer planned to detail the car and put it on their showroom floor for a quick sale but when the "Car Fax" report came back they wholesaled the car to get rid of it.
Does anyone know if Car Fax does reports on bikes?
Does anyone know if Car Fax does reports on bikes?
https://www.cyclechex.com/
Last edited by martinj; Dec 31, 2016 at 12:27 PM. Reason: sp
Road Captain
Joined: Sep 2013
Posts: 525
Likes: 94
From: Fresno, Calif.
The bike is worth exactly what someone is willing to give for it. As you can see so many opinions, but the bottom line is if your buying it is worth what your willing to give , if your selling it is worth what the buyer is willing to give.
Road Warrior
Joined: Dec 2015
Posts: 1,416
Likes: 317
From: CA
Carfax and any of the vin checking services are worth next to nothing. Incidents have to be reported in order to be available on these services. I knew of a bike which had been demolished and showed as clean. Buyer beware, ask lots of questions and use "professional skepticism" when buying.
Club Member
Joined: Mar 2016
Posts: 11,674
Likes: 22,156
From: Clearwater, Idaho
Carfax and any of the vin checking services are worth next to nothing. Incidents have to be reported in order to be available on these services. I knew of a bike which had been demolished and showed as clean. Buyer beware, ask lots of questions and use "professional skepticism" when buying.
Seasoned HDF Member
Joined: Aug 2011
Posts: 11,814
Likes: 5,120
From: SW Ohio
it is a 2013
Electric Glide FLHTK Limited. 7299 miles. $1827 OEM options. 10,200 aftermarket options. Vehicle owner and insurance company agree the Actual Cash Value is $30,634.50.
Again, if you wanted this model and the repairs were excellent, $9,152.25 in repairs.
What would you pay for this vehicle?
I am not trying to get a professional DV experts opinion of what it would sell for, I want a bikers opinion of its post repair value.
Please respond if you can. Thank you to the ones that have already.
Electric Glide FLHTK Limited. 7299 miles. $1827 OEM options. 10,200 aftermarket options. Vehicle owner and insurance company agree the Actual Cash Value is $30,634.50.
Again, if you wanted this model and the repairs were excellent, $9,152.25 in repairs.
What would you pay for this vehicle?
I am not trying to get a professional DV experts opinion of what it would sell for, I want a bikers opinion of its post repair value.
Please respond if you can. Thank you to the ones that have already.
I'd be at 6-7K, tops and that's if you could eat off it. With 9K of damage (even though it's "repaired") and my luck there's a very good possibility of "issues" and "issues" always cost money. All that said, I do buy bikes, but not to keep. You get a guy who wants to buy it and keep it, he might not feel the value is diminished at all. But that's gonna be one rare bird. A wrecked bike (even repaired) is always hard to sell, especially when clean ones are sitting in garages with no miles.
Last edited by Campy Roadie; Dec 31, 2016 at 06:02 PM.
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Grand HDF Member
Joined: Jul 2013
Posts: 4,752
Likes: 3,271
From: West Central Florida
I bought a 7 year old CVO and i laid down in the rain 3 months later. 8000 insurance claim was paid. Saddle bag inner and outer fairing and tank replaced. Traded it in 3 years later, at 10 years old and got 500 less than i originally paid. FWIW
Seasoned HDF Member
Joined: Jun 2006
Posts: 28,473
Likes: 3,950
From: Vermont
I have to echo many sentiments already stated here. Aftermarket add-ons mean nothing and that is why many take them off and try to recoup some money by selling separately. When you indicated that it was assessed at $30k, I was sure you were going to respond to my post that it was a 2016 CVO. A 2013 FLHTK is a plain old 4 year old touring bike that could be sold in good condition at $14k. Take $9k damages off that and you're left with $5k. Offering anything more that $5k would be absolutely insane.