View Full Version : found my bike on ebay!
AndyBrad
02-08-12, 02:42 PM
http://www.ebay.co.uk/itm/2003-Triumph-SPEED-FOUR-GREEN-DAMAGED-REPAIRABLE-/170887888703?pt=UK_Motorcycles&hash=item27c9b63f3f
new i should have got salvage! balls
granty92
02-08-12, 02:45 PM
bummer, its gorgeous
missyburd
02-08-12, 03:13 PM
Ah that's annoying. Buy it back? :-P
yorkie_chris
02-08-12, 03:23 PM
RS "we will sell you a bent in half bag of wank for the same money as a straight one" motorcycles.
Course you should have kept the salvage!
AndyBrad
02-08-12, 03:35 PM
aye ill give ya a ring next time..... if there is a next time.
btw pick these mags up one eve next week and ive got an abba stand fitting kit for ya!!!!
Why the hell did you let it go in the first place.
Rule number one:
It is your motorcycle, not a third party's insurance company's until you say they can have it. They cannot tell you to give it to them, they can only request that you do. They do not have any say in what happens to your bike, only you do, you are the owner.
If you want your bike repaired, they are legally obliged to repair it for you to pre-accident condition, regardless of the fact the repairs may exceed the value of the bike. You decide this, not the insurance company.. They may argue but you have possession and the law on your side.
Why the hell did you let it go in the first place.
Rule number one:
It is your motorcycle, not a third party's insurance company's until you say they can have it. They cannot tell you to give it to them, they can only request that you do. They do not have any say in what happens to your bike, only you do, you are the owner.
If you want your bike repaired, they are legally obliged to repair it for you to pre-accident condition, regardless of the fact the repairs may exceed the value of the bike. You decide this, not the insurance company.. They may argue but you have possession and the law on your side.
Sorry stupid question time.
I've I have an accident and I get the bike home why do I have to buy the bike back from the insurance company if its mine then?
Roberrrrt
03-08-12, 10:16 AM
That's cheap Andy! If I had the time / knowledge I'd buy that and fix!
Sorry stupid question time.
I've I have an accident and I get the bike home why do I have to buy the bike back from the insurance company if its mine then?
Lozzo is talking about the situation where someone else was at fault and you're dealing with a Third Party insurer.
IIRC there was no other party involved in the OP's accident so he was dealing with his own insurer. In that case, it's at their option whether they repair or not. If they deem the bike's a write off, you either take a full payment and the insurer takes ownership of the bike or you take a reduced payment and keep the salvage yourself.
What you might do in any particular situation depends on the cash offer, the value you can agree on the salvage and whether or not you can be bothered fixing/breaking the bike.
Sorry stupid question time.
I've I have an accident and I get the bike home why do I have to buy the bike back from the insurance company if its mine then?
You don't have to buy the bike back from the insurance company if you don't let them have it from you in the first place. It's your bike, they don't tell you what happens to it, you tell them.
Insurance companies are greedy cheeky bustads, they bully people into handing over valuable bikes in return for paltry payouts because they are too lazy or incompetent to do otherwise. You own the bike right up until you take an offer from them, they don't own your bike at any point up to this point. That means that at any time from accident onwards, you tell them you demand they get it repaired and legally they cannot refuse.
It may only be worth a few hundred quid and have £2000 of damage but it's your bike and you can tell them you will not be able to replace it with what they are offering, so you demand they repair it.
Simple.
You don't have to buy the bike back from the insurance company if you don't let them have it from you in the first place. It's your bike, they don't tell you what happens to it, you tell them.
Insurance companies are greedy cheeky bustads, they bully people into handing over valuable bikes in return for paltry payouts because they are too lazy or incompetent to do otherwise. You own the bike right up until you take an offer from them, they don't own your bike at any point up to this point. That means that at any time from accident onwards, you tell them you demand they get it repaired and legally they cannot refuse.
It may only be worth a few hundred quid and have £2000 of damage but it's your bike and you can tell them you will not be able to replace it with what they are offering, so you demand they repair it.
Simple.
If there was someone else at fault then, yes, you can press them to pay for repairs. If the vehicle is difficult to replace, that would be reasonable.
There's loads of individual circumstances where a cash settlement will be the best result though. It's worth knowing the cost of repairs so you can use that to push up your cash offer. I also agree that I wouldn't let a third party insurer take control of my vehicle. We have an adversarial legal system and they're the enemy.
However, if you're claiming for your own damage from your own insurance company, then they have the option to repair, replace or settle cash. Sure, you can and should negotiate, but you can't force them to pay more than the value of the vehicle.
Those are two very different situations. In the first you've suffered damage from someone else's negligence and you're legally entitled to restitution. In the second, it's fulfilment of a contract that says you'll get no more than market value.
Sorry, I didn't make myself entirely clear; I was referring to when a third party is at fault and their insurance company wants to write a bike off. In those circumstances I'd hold firm and not let the bike go until I was happy I wasn't losing a penny, or I'd want the bike rebuilding if it was sentimental or difficult to replace.
If the accident is your fault then you're pretty much at the mercy of your insurers and Glass's Guide
Sorry, I didn't make myself entirely clear; I was referring to when a third party is at fault and their insurance company wants to write a bike off. In those circumstances I'd hold firm and not let the bike go until I was happy I wasn't losing a penny, or I'd want the bike rebuilding if it was sentimental or difficult to replace.
If the accident is your fault then you're pretty much at the mercy of your insurers and Glass's Guide
NOW, it all makes sense.
So if there was a 3rd party involved, not my fault, THEY should fix it, come what may.
If it was just me and my mistake, then its up to them to decide. GOT IT! :D
:smt032
vBulletin® , Copyright ©2000-2025, Jelsoft Enterprises Ltd.