| Author | Message | ||
     Kyrocket |
Been looking around at some salvage yards and there are alot around the country with on-line auctions. Has anyone got any experience with salvage auctions? I know you're buying sight unseen and what may look half decent in pics might just be a pile of junk. I've got some ideas about building a bike and what I'm really after is mostly a frame, engine and wiring. Other stuff, if salvageable, would be a bonus and if good enough auctioned off to help fund the build. I've been looking at this place... http://www.bidisausa.com/index.php So does anyone have any info? Good or bad? | ||
| Glitch |
Wish you hadn't posted that link :P I've not done any auctions on line, not even e-bay. There's a couple of Motorcycle Bone Yards not too far from here that I've wandered through. Now you've given me that "I wanna build something" itch... What are you looking for? | ||
| Kyrocket |
Well, first off it has to be CHEAP. Cheap, cheap. While the Buell is down for repairs I bought an '06 Vulcan 2000. I was kinda looking for a cruiser and just happened upon this and got a heck of a deal. Well, got to thinking, these things have a heck of a motor, I mean 125CI is monsterous but it's heavy. Weighing in at over 800lbs it's not slow by any means but could go on a diet. That's where the salvage yard comes in. I'm looking at the 2000 they have. Basically all I would keep is the frame, motor, front end and wheels and make one hell of a rat rod/bobber. I've never bought a vehicle at auction much less an on-line auction so I was wanting some guidance and experience in the field. It is a cool link isn't it? Check out the Lamborghinis! | ||
| Glitch |
It is a cool link isn't it? Awesome! I.can't.keep.away... | ||
| Kyrocket |
Ohh, my heart just sunk a little...they've got a '79 Ferrari Dino that's been burned. I dig those old Ferraris. | ||
| Andymnelson |
I've not bought from one, but I've been looking! Heh, when else will you be able to buy a Victory Vision this cheap?? http://www.salvagedirect.com/asp/viewitem.asp?item id=835901& | ||
| Kyrocket |
Total burn...NO KIDDING! | ||
| Natexlh1000 |
Wow. Nice flame job. Convenient that you can get to the cams without removing the covers. | ||
| Glitch |
I love all the different views | ||
| 2008xb12scg |
we have bought 2 cars from salvage auction (copart.com) be aware there's lots of fees. Also beware lots of people who do this for a living. If you don't do the work yourself or have a serious hook up on work you will lose. Also if you plan on selling the vehicle remember salvage title makes it very hard to sell and if you do it's not worth anything close to with a clear title. | ||
| 2008xb12scg |
If you inter 2500 it gives you 100 ikn fees and I'll bet there's more fees before you bid. On the first link above | ||
| Chrisrogers3 |
I have bought from a few different auctions and as it has been said before, be prepared to pay for a LOT of fees. There are gate fees, parking fees, pickup fees, key fees, general fees, and any other fee they would like to charge. Here is a ROUGH estimate of the fees... I guess usually 15-20% in fees above and beyond the selling price of the auction. Which usually takes a good deal and makes it an ok deal. The inspection process is always a pain in the a$$ and you will have a salvage/rebuilt title forever. I have dealt with the process more times than I can remember and I ALWAYS do my own work and honestly you can be upside down really quick if you're not careful. The cheap buy in always looks really appealing but in the long run you're better off buying a used one in good condition. | ||
| Kyrocket |
That's what I was looking for. Thanks. The one I bought last year I bought from an individual but they had bought it from a insurance buddy and it has a rebuilt/salvage title. I got it for less than half of what they were going for on e-bay and the KBB but I don't plan on reselling it so it didn't bother me. It looks almost brand new. | ||
| Hybridmomentspass |
on the page you can enter your potential bid and it'll tell you total price with all fees (and detail them) | ||
| Natexlh1000 |
My friend has done well in collecting "free to a good home" stuff. He has currently: 1974 CB750 with 9000 miles on it. Needs carbs but engine rotates OK. some other 70's Jap bike that he's chopping the crap off of. He has a bin with about 45# of ballast in it already  Keep your eyes open on craigslist FREE section and keep your truck's engine warm! | ||
| Etennuly |
I have done the rebuild salvage vehicles in the body shop business many times. Generally you can end up with a really nice vehicle at a discount, BUT some insurance companies will not insure them. The resale value, if it is done professionally and completely, is about 75% even if a potential customer cannot see what was wrong with it, because of the rebuilt title. Also, you can get trapped in the "cannot find parts" zone, where it sits too long, and actually looses value because the parts you need are not available used, and new parts make the repaired vehicle cost more than a good used one or possibly even a new one. Ergo....."total loss evaluation". |
