Quote:
Originally Posted by ceo012384
That is a perfect track bike.
You can buy it back at auction for a couple grand and still have money for track parts and a street bike.
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I just heard back from the insurance company. Buy back is $2440 and it requires a scrap title since the damage was more than 91% of the value. Scrap title means it is no longer road worthy and can only ever be made into a track bike. It cant be titled for street use.
Doesn't matter to me, I wont buy it back anyway, but come on $9700 worth of damage? I find it hard to believe. But oh well...... That is the insurance companies problem now and not mine.
Oh another good thing is that if I get another bike, they cover the replacement value, so I can get an 09 or left over 08 for free. Otherwise if I just cash out, it just a check for market value of my old bike.