Is this crazy or feasible?
Posted: Mon Jul 31, 2006 5:57 am
Alright peeps, a question for the bike-rebuilding savvy:
My buddy (who is an apprentice at a bike repair shop) has been looking to buy a fix-it-up bike cheap and then turn around and sell it for a lil' profit. He was thinking cruiser...but whilst browsing the classifieds I came upon an ad that I thought must be some sort of scam.
It's a 2004 CBR 600RR with low mileage for $3k. Hrm...fishy!
Anyways, I am intrigued so I call the guy just to inquire, asking "anything wrong with it?" He gives me a quick rundown. He bought the bike from the original owner with just over 500 miles on it. His buddy jumped on it and low-sided at 20 mph so the fairing is a little scratched up. He said that the problem with it though was that when the bike slid a bolt (somewhere...) got caught in the asphalt and was ripped out and oil was leaking. The insurance company freaked and (I can't remember the details) it somehow ended up with a salvage title. He replaced the seal, put a new bolt in, and says the bike is running fine. He said that since he replaced that he's put 1,000 miles on the bike with no problems at all. The frame/swingarm were not bent at all, so the only problems (he claims) are the scratched up fairings and the salvage title.
So, my question is this: how difficult would it be to get it examined and switched over to a rebuild title? How much would we be paying?
I wish I could remember where the bolt was pulled from, but what other potential problems could a bolt pull --> leaking oil cause? Anything we should be weary of?
Is this worth checking into?
Thoughts would be greatly appreciated!
My buddy (who is an apprentice at a bike repair shop) has been looking to buy a fix-it-up bike cheap and then turn around and sell it for a lil' profit. He was thinking cruiser...but whilst browsing the classifieds I came upon an ad that I thought must be some sort of scam.
It's a 2004 CBR 600RR with low mileage for $3k. Hrm...fishy!
Anyways, I am intrigued so I call the guy just to inquire, asking "anything wrong with it?" He gives me a quick rundown. He bought the bike from the original owner with just over 500 miles on it. His buddy jumped on it and low-sided at 20 mph so the fairing is a little scratched up. He said that the problem with it though was that when the bike slid a bolt (somewhere...) got caught in the asphalt and was ripped out and oil was leaking. The insurance company freaked and (I can't remember the details) it somehow ended up with a salvage title. He replaced the seal, put a new bolt in, and says the bike is running fine. He said that since he replaced that he's put 1,000 miles on the bike with no problems at all. The frame/swingarm were not bent at all, so the only problems (he claims) are the scratched up fairings and the salvage title.
So, my question is this: how difficult would it be to get it examined and switched over to a rebuild title? How much would we be paying?
I wish I could remember where the bolt was pulled from, but what other potential problems could a bolt pull --> leaking oil cause? Anything we should be weary of?
Is this worth checking into?
Thoughts would be greatly appreciated!