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Old 02-15-2010, 05:17 PM   #1
wes600rr
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FIX or PART OUT??

ok.. just looking for a little advice on what to do here as far as my r1 goes.
part out or fix. and if i was to fix ...where would be the best place to get cheap parts from?

this was my first bike. its an 04 r1. had it for about a year and then went out and got my 09 cbr. had them both for a while and decided since all the r1 did was sit in the garage i would just sale it. obviously you should never sale a bike to someone while letting them make payments but that is what i did and a month later it ends up back in my garage looking like what you see here.
So basically i am back to paying for it at the moment because i cannot find the guy at the moment. i loved this bike and would hate to see it just scrapped but dont want to completely lose my on it either. motor has 13k miles

things i know for sure that it needs is:

-entire fairing kit
-both rear sets
-headlamps
-triple tree
-tank
-screen etc

cant tell yet if anything is bent

thanks!
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Old 02-15-2010, 05:24 PM   #2
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Dayum! She was so pretty too. That's just painful to look at

If I were you I'd sell it to me for $500
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Old 02-15-2010, 05:25 PM   #3
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Track bike.
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Old 02-15-2010, 05:27 PM   #4
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looks like someone looped a wheelie. How much do you owe? Full Coverage? Financial Situation? Wanna Stunt?(bad bike for it though) I would fix it if i was you, but you could be puttin thousands into a bike that could have a bad frame, so it really has a lot of variables involved.
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Old 02-15-2010, 05:36 PM   #5
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he had full coverage but apparently dropped it when he lost his job then wrecked it..
has 4k owed.but payments are super cheap. and hard to tell if the frame is bent. has like 2 little dents on the right side..an i dont think the forks are bent.

and i dont know how it was wrecked, he had one of his friends drop it off at my apartment when i wasnt home. so i know nothing.
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Old 02-15-2010, 05:48 PM   #6
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Parting out a frame w clean title may be worth about 1k; engine in good shape could be worth some money too.

Other then that, I imagine parting out the rest of the bike will take more time and patience then most people have.

In the case of this bike w the possible resell value, I'd ebay painted fairings, touch up the tank or if its not a bad dent leave it alone. Decide if you want to sell it as street or track; which will depend on whether you need tail/head lights etc. Remember a quicker turn around will likely come from a street bike.
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Old 02-15-2010, 05:53 PM   #7
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Old 02-15-2010, 05:54 PM   #8
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Old 02-15-2010, 05:55 PM   #9
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Here's a VERY rough break down estimate

Repair it
-$2000
+$4500 est sale price

Out $1500 & you have to do alot of work


Part out

Maybe $1700 in sellable parts
Payoff $4000

Out $2300 & you have have to do alot of work.

Either way you're going to be loosing money & doing work, but parting out is easier if you lack repair skills/tools.

Option 3 is to sell it as a project to someone for whatever you can get for it & don't do any work.
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Old 02-15-2010, 05:56 PM   #10
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you could fix all that for about a grand so i say it would be worth it.
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Old 02-15-2010, 06:01 PM   #11
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Wow dude that sucks... Try to sell it as is... And consider lesson learned!!
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Old 02-15-2010, 06:08 PM   #12
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Old 02-15-2010, 06:09 PM   #13
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Quote:
Originally Posted by DrAwkwArD View Post
Oh also...find this douche bag and kick his .

Did you have any type of written agreement with him?? I'd soooo kick this kids .
im not a huge fighter fan really .. had a couple friends with fightered bikes but i definately thought about that. thanks!
and ya we had written agreement but that really doesnt do much in court.

Quote:
Originally Posted by mammothmc View Post
Here's a VERY rough break down estimate

Repair it
-$2000
+$4500 est sale price

Out $1500 & you have to do alot of work


Part out

Maybe $1700 in sellable parts
Payoff $4000

Out $2300 & you have have to do alot of work.

Either way you're going to be loosing money & doing work, but parting out is easier if you lack repair skills/tools.

Option 3 is to sell it as a project to someone for whatever you can get for it & don't do any work.
yaa its a given that im going to lose money..my bro in law is possibly wanting to make it a project bike. the repairs are nothing we cant handle. i would kind of enjoy the work.

Quote:
Originally Posted by puertorico600r View Post
you could fix all that for about a grand so i say it would be worth it.
i dont think its fixable for under a grand. i was thinking in the 2500 range .
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Old 02-15-2010, 06:12 PM   #14
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Quote:
Originally Posted by CaligoneTx View Post
Parting out a frame w clean title may be worth about 1k; engine in good shape could be worth some money too.

Other then that, I imagine parting out the rest of the bike will take more time and patience then most people have.

In the case of this bike w the possible resell value, I'd ebay painted fairings, touch up the tank or if its not a bad dent leave it alone. Decide if you want to sell it as street or track; which will depend on whether you need tail/head lights etc. Remember a quicker turn around will likely come from a street bike.

the plastics that were on it were a aftermarker set that fit perfect off ebay for 650. i was amazed how well they fit. the tank has 3 good size dents in it...i think i will just end up keeping it if i repair it. track fairings would be nice for exactly that reason (no headlight.taillight replacement)

quicker turn around from a street bike?
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Old 02-15-2010, 06:35 PM   #15
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Quote:
Originally Posted by wes600rr View Post
quicker turn around from a street bike?
He just means that it would be easier to sell the bike if it were street legal.
That and if you had the title.
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Old 02-15-2010, 06:46 PM   #16
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Chris 2g's consider it done
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Old 02-15-2010, 07:09 PM   #17
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track or street?
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Old 02-15-2010, 07:16 PM   #18
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ill buy it for 1k
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Old 02-15-2010, 07:25 PM   #19
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I have built a lot of bikes.

For the guys that are saying $1K, not in nice street condition. Maybe a track , but not nice street.

If you repair:
The OEM fairings will run ~$1100, subframe/tailbox - $200, headlights - $200, rearsets - $75. Then you still have RA tubes, sty, and cluster, not to mention all of the other BS items. This will wind up costing $2K - $2.5K if you do the work yourself. Now you have an additional $2 - $2.5K tied up in a bike that will draw ~$4500.

If you part out:
2004 frame with clean title (though it does have minor damage, though highly unlikely it is bent) - $1300, complete engine (kit car assy, includes wire harness, airbox, and all sensors) - $1000, fork kit (includes forks, triples, L&R controls, etc) - $400, wheels (includes rotors and tires) - $375, and then all of the other stuff that takes forever to part which will probably drag another $200 - $400. So at the end of the day, you wind up with ~$3200 recovered on a note of $4000.

If I were in your shoes, I would repair, but that is just me.
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Old 02-15-2010, 07:34 PM   #20
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You may not be into fighters, but some people are. It would be the cheapest way to get it back to street legal and sell it.

If you were to track it, it would be difficult to sell as buyers are looking for aftermarket shocks, rearsets, steering dampers, etc.

Fighter for me..........
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