Seems like you know someting about this.
How much does crashed toys add?
Since its a recovered theft I'm thinking that it wouldn't have a salvage title. So what is involved in getting the title fixed through the DMV.
My brother bought a recovered auto theft once and he just had to get it retitiled. Normal retitling cost. He purchased it directly from an auction. They included paperwork with the sale. It included something from the insurance company indicating that it was a recovered theft item. That was years ago though.
2001 HONDA CBR 1100XX 1137 CC [?]
VIN:
JH2SC35071M400147
Odometer: 28,866 MILES - ACTUAL
Title: IN - SALVAGE CERTIFICATE
Look at the title status. All states have different laws. Here in Wisconsin you need to take before and after pics as well take the bike to a police station and pay $350 to have it state inspected which will get you a rebuilt/salvage title which will also hurt the value even if it was only a theft. Crashed toys requires you to pay a fee to register plus there is a fee for the auction plus you will have the cost of shipping. And I also remember a cost for some broker to handle the transaction but that may have changed. Most of these auctions are insurance auctions with other dealers bidding against you.
Things may have changed however since ive looked into buying a bike for the track so look into this before you just give up on it if its something you really want
Thanks. No I'm not interested although this does look like a nice bike. I think if someone was thinking of buying it with the idea of keeping it forever the hurt value of the salvage title wouldn't be too much of an issue. I was just wondering what the costs were since I've seen bikes on there before that looked like good deals. I figured that there would be some fees. I just didn't know how much it adds to the cost.