Rebuilt title, hows it work?

[TBOX]

OK so... I'm looking at this bike

"the first owner had laid it down so there are a few scrapes, due to the expensive nature of the bike the insurance company totaled it. It now has a REBUILD TITLE"

Now I've owned a few bikes, actually I've owned the exact same bike so I know it inside and out. It would take more than a "few scrapes" to total it even though it is a Ducati.

My real question is how is a rebuilt title treated? Is there any extra cost/procedure to register it? The seller says that the next owner should have a clean title. How would that work?

The bike looks nice and I'd love to own another Ducati, I think the selling price should be discounted because it has been totaled once. The current owner seems to have put some pride in making it look nice.

Your thoughts here...

[Devil1]

Can't usually get a loan or full coverage insurance.

[Devil1]

O and yeah the price should be quite a bit lower.

[Jim]

personally, i skip right over the ads on CL when i see salvage or rebuilt title. i'm sure there's some people that would see track bike potential out of them.

[TBOX]

He's asking 4200 for a 2000 900ss

[Devil1]

personally, i skip right over the ads on CL when i see salvage or rebuilt title. i'm sure there's some people that would see track bike potential out of them.

I'd skip right over you.

[Jim]

I'd skip right over you.

you wouldnt

[Devil1]

I would.

[MissTwisties]

Can't usually get a loan or full coverage insurance.

I'm in MA. Got my bike from someone in NH. Rebuilt title. Got full coverage on it, never been a problem.

[Devil1]

hmm... I'm not 100% sure. But I've heard of people running into insurance trouble before.

[loridin64]

as long as it gets a 'rebuild inspection' (not sure if thats what its called) by a reputable place that your insurance company allows, its ok

[Brian675]

Is the frame/sub frame ok? Every state has there own laws or regulations on salvaged bikes. In New Hampshire you have to fix every thing that made the bike get totaled ie: why the insurance company scrapped it. Then have the NH state police inspect it at a cost ($40 or $60).

I don't know about insurance company's, it might vary between different company's and there regulations.

[MissTwisties]

I went to the local PD, an officer came outside, inspected the bike real quick, took down the serial number, and sent me on my merry way. Don't remember how much it costed, or if I even paid anything. I don't remember if I went anywhere else for an inspection, probably...my mind can't remember much these days.

[GreekR1]

I just dealt with this after I wrecked my R1 last month. I spoke with my insurance company and the RMV (42 minute wait on the phone ). Anyway, the owner would have had to apply for a salvage title. In MA, a private party is not allowed to sell the bike to another private party with a salvage title (I don't know how strictly they enforce this). Once the salvage title is rewarded, the owner must fix the bike and have an inspection completed including showing all receipts for all the new parts. After that, a rebuilt title is given.

The title will never be clear so he lied about that. It will always be a rebuilt title.

As far as paying any extra to register it... I do not think so. He would have paid all the fees in obtaining the rebuilt title so right now, it can be registered normally.

As for insurance, they will pay you less if anything happens to the bike unless you have it appraised privately prior to insuring it.

[SVRACER01]

well with 900ss the frame is pretty exposed so a scratch in that frame would most likely total it. if the wasnt a dummy he couldve had the ins. co. fix everything but the frame and it wouldnt have been totaled

[mustang183]

The only differance when registering a bike or car with a "rebuilt" title is that you only pay sales tax on what you say you pay for it, not book value like a clean title!

I just picked up a '01 Triumph Speed Triple with a rebuilt title for $1,200. You definatley should be paying alot less for a bike if it has a rebuilt title.

[BrandonRoy]

Do you really have to go to inspection by the PD when you're trying to register a Rebuilt title? I thought it was only on Salvage titles that they need to inspect to register it for a rebuilt title.

[TheIglu]

well with 900ss the frame is pretty exposed so a scratch in that frame would most likely total it. if the wasnt a dummy he couldve had the ins. co. fix everything but the frame and it wouldnt have been totaled

When my (and TBOX's) old 900ss took a dive due to some wind, it added up to about $1300 in damage. Not even close to getting near the frame. They are fairly well protected.