Your thoughts on a salvage title
#1
11-10-2018, 09:49 AM
Your thoughts on a salvage title
Would you?
There are some good looking prices on a lot of bikes with salvage titles, but I just can't bring myself to consider one. OTOH, if it was purely cosmetic damage and the insurance company totaled it out, then it was bought and repaired, it would be a smoking deal for someone. Likewise, if it was a bent frame and someone repaired it, it would be a nightmare deal for the buyer if it wasn't done right.
Salvage title; opportunity or black plague?
There are some good looking prices on a lot of bikes with salvage titles, but I just can't bring myself to consider one. OTOH, if it was purely cosmetic damage and the insurance company totaled it out, then it was bought and repaired, it would be a smoking deal for someone. Likewise, if it was a bent frame and someone repaired it, it would be a nightmare deal for the buyer if it wasn't done right.
Salvage title; opportunity or black plague?
#2
11-10-2018, 09:53 AM
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#3
11-10-2018, 10:00 AM
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11-10-2018, 10:07 AM
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11-10-2018, 10:12 AM
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11-10-2018, 10:14 AM
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#7
11-10-2018, 10:47 AM
Seasoned HDF Member
I would not myself.
A riding buddy has a grandson that wanted to start riding awhile back. While cking on bikes around our area he came across a salvage title bike that looked to be in great shape.
The bike had not sold for months and months. I think 5k was being asked for it. After a good bit haggling he bought what should have been a 7k bike for 2500 dollars cash. Salvage title limits the buyers a lot.
The boy is still riding it after 2 years but they have now illusions about it's value. In this case being a salvage title------ Maybe but .not as a rule.
WP
A riding buddy has a grandson that wanted to start riding awhile back. While cking on bikes around our area he came across a salvage title bike that looked to be in great shape.
The bike had not sold for months and months. I think 5k was being asked for it. After a good bit haggling he bought what should have been a 7k bike for 2500 dollars cash. Salvage title limits the buyers a lot.
The boy is still riding it after 2 years but they have now illusions about it's value. In this case being a salvage title------ Maybe but .not as a rule.
WP
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#10
11-10-2018, 11:01 AM
Outstanding HDF Member