Thread: $850 per hour
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Old 03-28-2009, 11:05 PM   #6
OTB
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Join Date: Feb 2008
Location: CrabTown USA
Moto: 00 Bimota DB4
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Quote:
Originally Posted by derf View Post
lucky bastard

How much you wanna bet the guy thought that the bike was completely fucked and was quoted an insane amount to fix it bu a dealership
To be honest with you, that's what I thought. I really thought I was going to end up parting it out rather than having to dump a bunch of money in to get it running right and never being able to recoup it. That's the big risk in doing this as ahobby. Every once in a while I get just a little too clever for my own good and end up with some truly awful piece of crap.

This one was a big success, but I've lost money big time on others and just been grateful to get out from under.....that's how I ended up with my "corner of shame" in the back of the garage.

I nearly bought a wrecked RSV1000R a couple of weeks ago for what seemed like a good price; an 07 MSRPed out at about $16K. Guy was selleing one with rashed plastics (both sides and upper plus dented tank) for about $7K with clean title and 1000 miles on the odo. Then I priced the plastics (about $3K, and the tank (about $900)). Looked doable.........

I called the guy up, started wheeling and dealing, guy moved a bit on price and I was really getting excited.....

....but this was more than I usually deal with moneywise on a single bike (but those Ohlins and all that CF was singin' the Siren Song). I usullay stick to bikes that will retail out no more than $5K or so. That way if I get stuck on a bike I'm not gonna lose a big wad.....(but man, I'll bet once I had it put back toegther that would be a REAL snazzy thang.......)

Anyway, before I committed money, I went back out to dealers sites to get an idea of the market for these (I've never dealt with Aprilias, have no idea of supply or demand) ....and found out dealers had beaucoup 07's leftover and they were going out the door for around $10K (with the benefit of full warranty, unlike the one I was looking at).

So, I could drop 6thou +almost 4 thou for parts and still have a rebuilt wrecked bike, or I could buy a new one for the same money.......hmmmmmm, let me think: wrecked or new for the same money..........




Came to my senses and haven't looked at bikes I don't know about since...............
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