[Desp]

What's the difference from a salvage title and just a regular one? I know
a salvage one means it's been wrecked, but what exactly is the point?

 

[RayOSV]

What's the difference from a salvage title and just a regular one? I know
a salvage one means it's been wrecked, but what exactly is the point?

The point is that a salvage title is an alert that the vehicle may not be totally sound. There may be hidden damage, damage that wasn't repaired properly, etc. Unless you know exactly why a vehicle has been scrapped (and salvaged), what work was done, and who did the work, I would stay away. On a bike, plastic damage which is really expensive to replace, may cause a bike to be totalled then salvaged. If that's the case and the frame etc. is really OK, then it could be a bargain. If you don't know what caused it to be totalled, you may never know if all is OK. Remember though that once a vehicle has been salvaged, it will always be designated as such and be worth less and harder to sell.

 

[Desp]

Ah, Okay thanks. I figured as much. I actually bought a salvaged
EX500 7000 miles ago, it just slid on the side for a ways, thinking about selling
it but didn't know how hard it would be or how much that'd lower the price.

 

[RayOSV]

Ah, Okay thanks. I figured as much. I actually bought a salvaged
EX500 7000 miles ago, it just slid on the side for a ways, thinking about selling
it but didn't know how hard it would be or how much that'd lower the price.

Hopefully you got a good deal and will be OK with offering a good deal to sell it. A lot will depend on the used market for bikes in your area. An EX500 in good shape should be in fairly high demand by the next round of new riders. Good choice on your part.

 

[Desp]

It's a 2001 and it had like 12000 miles, I got it for $2000. It's got 20000 miles
on it now but it's been repainted and the plastic that had the hole scrapped
through has been repaired, hoping to sell it close to the same amount I paid.

 

[Flash6R]

Yeh. The states vary on their laws, but here in Jersey if you buy a salvaged bike, you have to get it fixed and have it re-inspected. You will definately not be able to sell it back for the original price. Maybe you should try and turn it to a clean title and then sell it. Just my .02

 

[Lok]

don't buy a salvaged bike if you're planning on reselling it...IMHO they are only good for track bikes

 

[Desp]

It was fixed and inspected right before I bought it, except for the plastic. So you don't
think I could get $2k for it?

 

[BuRn__]

It was fixed and inspected right before I bought it, except for the plastic. So you don't
think I could get $2k for it?

always worth a shot. just tell the future buyer why exactly it was salvaged, what ur experience with it was (how many miles u have on it), etc, and u should be able to get $2k.