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Old 06-26-07, 08:41 PM
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SVRACER01 SVRACER01 is offline
18s!....FINALLY
 
Join Date: Mar 2005
Location: Portsmouth-ish
Age: 30
Posts: 7,131

Frame Scratches = Totalled?


Quote:
Originally Posted by Berg View Post
I looked at another thread and it looks like they use the NADA retail value of the bike. If that's the case I'd make out OK.

If it's totaled I could buy it back from the insurance co. and use it as a track bike. Not sure what they would want for it though.
if your gonna do that then why not just keep the estimate and track the bike anyway. at least it will have a clean title. if you total it and buy it back then it will have a salvage title and a huge PITA if you ever want to street it again.
do you own the bike outright or do you have a lein on it still? if you total it and buy it back then you will probably end up with less $$ in your pocket then if you kept the original estimate.
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