Triumphrat

Triumphy · 02-22-2007, 08:13 PM

Hello All,

Well, I went today to check on the bike, the dealer quoted $7300 to fix it, which is more then what I paid new.

Delear claims the frame needs to be replaced.

I really was not expecting that and the news was not welcome because the insurance will not give me what I paid for the bike new.

If the dealer reports that to the DMV the bike will have a salvage title which can not be register in FL.

What do I do now?

Dealer will have a typed report tomorrow for me for a cost of $120.

I dont believe the frame is bad, I wonder how would it work out if I just fix the bike myself?

Has this happened to anyone here before?

d2mini · 02-22-2007, 08:19 PM

First off... sorry man, that's poo-poo.

Second, what makes you think the frame isn't bad? Maybe have another dealer look at it? But I sure wouldn't want a bike that someone says has frame damage. That could feel ok at 30 but who knows what it will do to ya at 80mph.

Third... you have to pay for a report?

: ">

Triumphy · 02-22-2007, 08:39 PM

Quote:

On 2007-02-22 18:19, d2mini wrote:
First off... sorry man, that's poo-poo.

Second, what makes you think the frame isn't bad? Maybe have another dealer look at it? But I sure wouldn't want a bike that someone says has frame damage. That could feel ok at 30 but who knows what it will do to ya at 80mph.

Third... you have to pay for a report?

: ">

Yep,

It is an offocial estimate for insurance porpuses...

The dealer doesnt do anything for free, they charge 2 hrs of work to go through the bike and list everything is wrong...

Radiator, Tank, Frame, forks and the plastic faring, that was it...

Loxpump · 02-22-2007, 08:46 PM

Man does this sound familiar. Hope you're ok. I had the same situation with my 2001, except it repair cost was about $3900. Either way it was more than blue book and the insurance was not going to fix. I could have pulled my claim, and fix it my self, but that would have cost at least $1000.00 for parts alone. As much as I hated to see it go I took the money and found another one. In my case I got one better. I had bent forks but frame was ok. If your frame has damage I wouldn't risk it myself. Cracks can be very hard to see. FYI insurance companies try to minimize their claims, and mine used NADA blue book which if you look is a bit lower than Kelly. Look on the bright side, you are apparently still able to ride again and there are plenty of great used Bonnie's out there.

SCCTrim · 02-22-2007, 08:46 PM

IMO...take what the ins co will give you, buy the bike back from them for cheap. Strip it and sell off everything you can.

Loxpump · 02-22-2007, 08:49 PM

I thought of that too, buying it back, but Illinois law prohibits it unless the vehicle is at least 10 years old. Florida may be different. I would have to have found a dealer to buy it at auction and buy it from them. It would have a salvage title, which isn't a big deal, but would have to be retitled before it would be able to be licensed again.

Triumphy · 02-22-2007, 09:09 PM

Well, Nada has two values, 4200 and 5000.
KBB has only one value $5100.

I paid $6K for the bike new, the bike is only 2mo old and it only had 514 miles.

I wonder which value the ins co will choose?

I guess I will be loosing around $1500 for having it 2 mo and riding it 500mi, plus the hospital bills, broken finger, accessories, etc...

I am at a lost no matter what...

The dealer said the angle of the socket for the triple clams was affected, meaning the forks are now a bit more strait up.

That means a whole summer without a bike. I was hoping to take that fix it up, convert it into a streetfighter and ride it for the summer...

I dont have another 6K to get a Bonnie and even if I did my wife would oppose...

I am done!

Anchorbend · 02-22-2007, 09:13 PM

Sorry to hear of your accident. Take the money and find a used bike. First you can never be assured that the bike will be fixed right. If you can swing it try and by the bike back for salvage value. I bet you can part it out and make your money back. If you can, take the engine and tranny and buy a bobber frame and go from there. I believe a new frame will get rid of a salvage title.

FRAME

REVOLT · 02-22-2007, 09:27 PM

What kind of motorcycle was it?

Triumphy · 02-22-2007, 10:00 PM

Here is the bike,

If the pictures dont work, just copy/paste the link...

By the way, in my way to the dealer I had to stop and help a fellow rider that went down taking a corner, he just gotten the bike a week ego after taking the bike course. He was okay but afraid to ride the bike home...