So the bike already has a rebuilt title? Is it a GA rebuilt title or another state?
My wife and I purchased a 2008 Kawasaki Ninja 650R salvaged a couple years back. (It had 1k miles on it). It looked like someone had just rode through bunch of briar bushes as there were scratches everywhere, but the bike was intact other than the rear fender. We put a new set of bars, a new rear fender and had it inspected and got a "rebuilt title" We put 18k miles on it before selling. These days, they will total a bike for almost anything, so I have no issues with buying a salvaged/rebuilt bike if you get a good deal.
Buying a salvaged bike in GA and getting it a rebuilt GA title actually isn't that hard or expensive. If it already has a rebuilt title and its a GA title, you are home free. No issues at all, you will just sign it over like any other bike you buy. All the hard stuff has been done. It's just always going to have a rebuilt title. If its another state's title and you are bringing it to GA, then GA requires you to have it "inspected" again to get a GA rebuilt title. A bit more of pain, but not out of the question.
The bike will always have a lower "resale" to the general public as some people tend to shy away from rebuilt bikes, but if you plan on owning it for a long time and putting the miles on, its a great way to get a bike for reasonable. As for insurance, liability will be no problem, but some companies won't do "full coverage" on rebuilt bikes and others will, but you'll most likely get a lower pay off if you ever total it since its was salvaged already once.
Mine: KTM 650 ADV Katuki, 09 DL650, 08 Husky TE610, 08 WR250R
Hers: 07 Ninja 650R, 13 CRF250L
Last edited by BlueLghtning; 03-11-2012 at 11:44 PM.