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post #1 of 8 (permalink) Old 02-11-2012, 05:17 PM Thread Starter
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Good price?

Hey all I'm new on the forums but i have to ask a question. I've always rode yamahas r6 or r1 lately but I have the chance to buy a 2005 rc51 with 7000 miles for $3500. I know it sounds like a great deal and all but it is a salvage title, I do know the owner and he rebuilt and took care of the bike very well. Do you guys think this is still a good deal?
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post #2 of 8 (permalink) Old 02-11-2012, 06:09 PM
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Not a big fan of the salvage bikes myself, but if you say you know the owner and his work is good and the bike is nice, then sure that seems like a good deal.

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post #3 of 8 (permalink) Old 02-11-2012, 06:30 PM
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Something is only worth what someone will pay for it...If you feel the deal is right, do it.



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post #4 of 8 (permalink) Old 02-11-2012, 11:13 PM
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Why is the bike salvaged titled? What happened to it? crash? theft recovery?

John, 2000 RC51 #000100

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post #5 of 8 (permalink) Old 02-12-2012, 12:43 AM Thread Starter
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Its a salvage title from a wreck, I saw the bike before it was rebuilt and nothing major was damaged. He's had it for 3-4 yrs since with no problems. The more research I do into these bikes though the more i am liking it.
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post #6 of 8 (permalink) Old 02-12-2012, 02:50 AM
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It takes so little damage for a bike to be "totaled" resulting in a salvage title. My GSXR750 was knocked over in a parking lot and dragged, breaking off a foot peg, clip-on, body work. I bought it with a salvage title, fixed it and bought some Chinese fairings, then converted it to track.
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post #7 of 8 (permalink) Old 02-12-2012, 09:46 AM
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If the bike checks out, and you understand the title will affect your future sale of the thing, then it's a great deal. The fact that you know your neighbor, and history of the bike is worth something. The title is just a piece of paper that has no bearing on the bike - till you go to sell it. If the bike really checks out, go for it. It only takes about 5 or 6 grand in damage to render it a total. It's very easy to reach that figure when you pay full retail for brand new parts and OEM stuff-like an insurance company would have to.

John, 2000 RC51 #000100

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post #8 of 8 (permalink) Old 02-12-2012, 09:45 PM
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If the damage was only cosmetic then don't worry about it too much. Otherwise sounds like a pretty fair deal.
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