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Damaged 2004 SV650

  1. #1
    Lifer NobodySpecific's Avatar
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    Damaged 2004 SV650

    I haven't even had a chance to talk to my insurance company yet, but I'm trying to get an idea of what this bike would be worth if I didn't want to keep it and fix it myself but still buy it back from them. The engine has about 16,000 miles on it, but since the gauges are destroyed you'll have to take my word for it.

    The bike flipped onto it's nose and slid down an embankment, and the list of damage includes:
    -gas tank (scratched with one small dent on the left side)
    -headlight, gauges, and all related brackets are destroyed
    -mirrors
    -rear brake pedal
    -tail section (still usable, just scratched and chipped)
    -passenger grab handle (also usable, but scratched)
    -sub frame may be tweaked slightly
    -handlebars are bent slightly (usable, but should be replaced)
    -scratches on the exhaust can (Holeshot)
    It also has surface rust from spending lost of time outside (on the triples and on the right side of the bike mostly)

    But! I rode it for 1,500 miles after the crash and it seemed to ride straight, the levers didn't break, handlebar switches, though scratched, work fine (high beam, kill switch, horn, blinkers, etc), it shifts fine, and the engine runs fine.

    The chain has less than 5,000 miles on it, front tire (Pilot Power 2CT) is only 500 miles old, rear tire should probably be replaced soon (Road Attack with at least 4,000 miles, maybe closer to 6,000). Has heated grips, DL hand guards (scratched from the crash), motosliders frame sliders and swing arm sliders/spools, and currently has a Sargent seat with Buell footpeg mod done (1" lower) but both of those could be removed.

    The title is currently clean, but who knows if I can keep it that way or not (I'm guessing not).

    I can get pictures if there is any actual interest.

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  2. #2
    Tougher than a lion Sportygurl131's Avatar
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    Re: Damaged 2004 SV650

    seat condition??? and how much if u part it out

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  3. #3
    Lifer
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    Re: Damaged 2004 SV650

    head over to SVrider and part it out!

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  4. #4
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    Seat is fine, I'd let it go for $200 or best offer. It has like 4,000 miles on it (3,000 miles of it from the trip down to the Dragon and back, plus other misc miles). I already stapled the rear seat cover to my rear seat, but I could probably remove it without much harm done to it.

    I forgot to mention that the steering head bearings probably need to be replaced too.

    I'm going to post up on svrider as well, but keeping it local would be easier and I thought somebody here might like a little track bike project (which I might still do, but I want to weigh all of my options).

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  5. #5
    Just Registered Doc's Avatar
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    Re: Damaged 2004 SV650

    You looking for estimates?

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    "I'd rather ride a slow bike fast than a fast bike slow"
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  6. #6
    Lifer union's Avatar
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    Re: Damaged 2004 SV650

    I may be looking for one of these in the near future to go racing with. Let me know what you decide.

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    James

  7. #7
    Grizzly Fuckin Adams dhuze's Avatar
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    Re: Damaged 2004 SV650

    Quote Originally Posted by SV650N View Post
    Seat is fine, I'd let it go for $200 or best offer.........................

    What brand of seat is this?

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  8. #8
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    Sargent. I also have the stock seat in mint condition, which would be put back on if I were to sell the bike or let the insurance company take it.

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  9. #9
    Posting Freak pasta-rocket's Avatar
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    Re: Damaged 2004 SV650

    Are you selling the bike? And How much?

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  10. #10
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    I don't know if I'm selling the bike or not. It depends on how much my insurance company gives me and how much they want for the buy back. The price I'm willing to accept will depend on both of those factors as well.

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  11. #11
    Development Rider scottieducati's Avatar
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    Re: Damaged 2004 SV650

    Take the $, buy it back (you can often talk them down on the buy-back price) and race it. Done!

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    CCS/LRRS #83

  12. #12
    Goodbye Sweet Dreams BLACK SQUIRREL's Avatar
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    Re: Damaged 2004 SV650

    This thread tells us nothing.

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  13. #13
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    Quote Originally Posted by scottieducati View Post
    Take the $, buy it back (you can often talk them down on the buy-back price) and race it. Done!
    I just bought a house, so money is tight. Plus I don't want to spend all summer sourcing parts for a rebuild.

    Quote Originally Posted by BLACK SQUIRREL View Post
    This thread tells us nothing.
    I was trying to gauge interest, I'll be speaking with my insurance agent on Monday to file the claim, I should know more next week as far as what ballpark I'd be looking to get for the bike. I was hoping I could start at $2k and negotiate from there.

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  14. #14
    Senior Member tonyd's Avatar
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    Re: Damaged 2004 SV650

    $2k sounds like a lot of money for what is going to be a salvage title bike. I bought a nice 2007 SV650S with 25k miles on it in great shape for $3k last winter. Not bashin... just saying...

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  15. #15
    Just Registered Doc's Avatar
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    Re: Damaged 2004 SV650

    2k is trade in value on the bike.

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  16. #16
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    And this is why I wanted to wait to post a price, because I have no idea what kind of numbers the insurance agent is going to throw around. If the buy back is $750 then obviously I don't expect $2k.

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  17. #17
    Just Registered Doc's Avatar
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    Re: Damaged 2004 SV650

    Quote Originally Posted by SV650N View Post
    And this is why I wanted to wait to post a price, because I have no idea what kind of numbers the insurance agent is going to throw around. If the buy back is $750 then obviously I don't expect $2k.
    I would. It is worth that in parts (or as a race bike) :

    Maybe you can give the good bits to Bill before the insurance people come... Like the motor!

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    "I'd rather ride a slow bike fast than a fast bike slow"
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  18. #18
    Twin Addict Half Squid's Avatar
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    Re: Damaged 2004 SV650

    I need a track/Race bike so let me know what you find out!

    Could make for a smooth tranaction!

    I would like to see some pics too!

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    Rides: 13 Hyperstada, 09 SFV650, 97 CBR 900RR
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  19. #19
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    Quote Originally Posted by Half Squid View Post
    I need a track/Race bike so let me know what you find out!

    Could make for a smooth tranaction!

    I would like to see some pics too!
    My insurance agent is really starting to piss me off. They had been pretty good up until now, but he keeps saying he'll call me back and never does (at least 3 times now) and when I call back he just says he'll have to call me back. I'll try to get some pictures, but I still don't know what I'm doing with the bike.

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  20. #20
    Jamnuts jhawley's Avatar
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    Re: Damaged 2004 SV650

    can i have the engine...?

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  21. #21
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    Well I finally got a hold of the insurance company and got the claim process started, so hopefully I'll have more info soon.

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  22. #22
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    I finally have the numbers, and I'm shocked. They valued the bike at $89 more than I paid for it 3 years ago That means I don't even feel the need to haggle, as I'm more than satisfied with the amount (payout is $3,089.33 after my deductible, bike was valued at $3,589.33). However, the buy back is $1,436. I don't see it being worth my time and effort to fix it, part it out, or sell it, so I think I'm going to let them take it. I will, however, be selling the Sargent seat and the Motosliders, assuming I can find the original engine bolt. I'll be trying to reply to all of the PMs that I got.

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  23. #23
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    I'm sending in the paperwork this week. $1700 takes it. If I don't have any PMs by Wednesday it's sold to the insurance company.

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  24. #24
    Senior Member tonyd's Avatar
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    Re: Damaged 2004 SV650

    will have salvage title correct?

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  25. #25
    Lifer NobodySpecific's Avatar
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    Re: Damaged 2004 SV650

    Quote Originally Posted by tonyd View Post
    will have salvage title correct?
    That is correct

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