Salvage Title Purchase - Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
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post #1 of 14 Old 03-11-2012, 08:24 PM Thread Starter
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Salvage Title Purchase

Found a reasonable buy on a wee-strom but add says it is a salvage title.

"This bike was bought at a State Farm Ins. sale. It had been laid down on the right side. It has minor scrapes on some right side plastic and they salvaged it. It will be sold with a rebuilt title. The only thing we did to bike was put a clutch switch on it."

Price is pretty good.

What should I look out for in checking out a bike like this to get a good buy but not get hosed?
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post #2 of 14 Old 03-11-2012, 11:07 PM
 
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Can't answer the mechanical end of it but I'd call my insurance provider and ask if the title designator makes a difference in the rate they charge.
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post #3 of 14 Old 03-11-2012, 11:32 PM
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Check it out for sure!

I'm not worried AT ALL about purchasing a bike with a salvage title. Of course you want to look it over, just as you would if it weren't salvage.

I was hit by a car last September. State farm totalled my bike. I couldn't believe it. My Jesse boxes did wonders, crash bars did their job, I walked away with a giant bump on my shin and a scuff on my ankle.

The shop I took my bike in to get the assesment for insurance looked over it with a fine comb. Headlight was scratched = new headlight. Crashbars scratched = new crashbars. This was the case for every part that had even the slightest scuff.

I took the money and kept the bike. There is not a single thing wrong with the bike, I've put over 5,000 miles on it since then.

Next time I'm in the market for a new bike, I'll be checking out the insurance yards FOR SURE!!

Good luck!

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post #4 of 14 Old 03-11-2012, 11:38 PM
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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.
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post #5 of 14 Old 03-11-2012, 11:43 PM
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This is what a "rebuilt" GA title looks like. Just that notation of rebuilt under the owner's name.



If you want to read the entire process we went through a few years back actually buying a salvaged bike and getting it inspected, its really not that bad in GA.

Finally Brought Her Home

Salvage to Rebuilt: The Inspection

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 11:45 PM.
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post #6 of 14 Old 03-12-2012, 05:19 AM Thread Starter
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Blue Lighting your post is a great help. The vehicle is out of state so I would have to get the inspection and will have to subtract that cost in my offer amount.

The hassle is going 400 miles to inspect it not knowing if I will want to bring it home after seeing it. It will be a month before I have a chance to go so may not still be available.
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post #7 of 14 Old 03-12-2012, 06:44 AM
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Alabama Salvage Titles are a PITA.......laws are different, lots of hoops to jump thru if the Alabama resident wants to get it changed to "Rebuilt". It can be done, but not as easily as Geegaw.

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post #8 of 14 Old 03-12-2012, 10:50 AM
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Every state's laws are different on this matter. Some states require the insurance company to total the bike if the damage is a high percentage (still under 100%) of the bike's book value. Some states allow the repaired and inspected bike to get a clean title, and some never allow this. BlueLightening's info is very useful for anyone in Georgia.

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post #9 of 14 Old 03-12-2012, 10:54 AM
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I effectively bought back my Wee after crashing last July. I asked my Ins co, State Farm, about insuring a salvage bike and was told, no problem.
I replaced the severely wanged parts and am currently riding it. With full coverage.
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post #10 of 14 Old 03-12-2012, 11:42 AM
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Quote:
Originally Posted by Fuzy View Post
Blue Lighting your post is a great help. The vehicle is out of state so I would have to get the inspection and will have to subtract that cost in my offer amount.

The hassle is going 400 miles to inspect it not knowing if I will want to bring it home after seeing it. It will be a month before I have a chance to go so may not still be available.
Yeah, even if its rebuilt in another state, my understanding is GA still requires an inspection. Good thing is the inspection is all about the money and they really don't focus on anything in particular.

Definitely get lots of pics and and details about the bike. If I'm driving 400 miles to pick up a bike, I'm pretty much coming home with it unless something totally jumps out at me about it that I forgot to check out or ask.

Mine: KTM 650 ADV Katuki, 09 DL650, 08 Husky TE610, 08 WR250R
Hers: 07 Ninja 650R, 13 CRF250L
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