Bikes - Talk & Issues Newsworthy and topical general biking and bike related issues. No crapola! Need Help: Try Searching before posting |
|
Thread Tools |
29-04-09, 06:23 PM | #1 |
Guest
Posts: n/a
|
Is a stolen and recovered bike always a stolen and recovered bike..?
If a bike in nicked, then found and the owner does not claim BUT there is a crime reference number as it is recovered by the police, will this officially be "stolen and recovered" when it comes to sale time?
I'm looking at buying a bike and just wondered what the official line is. |
29-04-09, 07:20 PM | #2 |
Member
Join Date: Mar 2009
Posts: 454
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
My bike was stolen and hasn't been recovered, but once I notified the insurance that it had been nicked they took the keys, logbook, alarm fobs etc.
So if there's a crime reference and the bike has been reported to insurers, then it won't belong to the person who owned it before it was nicked anyway
__________________
Riding a V-strom, well it has an Sv engine, don't it |
29-04-09, 07:28 PM | #3 | |
Guest
Posts: n/a
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
Quote:
If so, I'd think it would have to be reported to the insurers as stolen, or perhaps you'd even have to claim. Insurers are the ones that slap the write-off categories on vehicles and I think they'd be the ones to slap the stolen/recovered marker on it too. Could be wrong though, lol |
|
29-04-09, 07:32 PM | #4 |
Guest
Posts: n/a
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
|
29-04-09, 07:39 PM | #5 |
Guest
Posts: n/a
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
|
29-04-09, 07:59 PM | #6 |
Member
Mega Poster
Join Date: Apr 2008
Location: Newport on Tay
Posts: 1,017
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
so what are the different insurance write off categories then and how do they affect the reuse of a bike?
|
29-04-09, 08:08 PM | #7 |
Guest
Posts: n/a
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
|
29-04-09, 08:10 PM | #8 |
Guest
Posts: n/a
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
|
29-04-09, 09:00 PM | #9 |
Member
Mega Poster
Join Date: Apr 2008
Location: Newport on Tay
Posts: 1,017
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
|
29-04-09, 09:41 PM | #10 | |
Guest
Posts: n/a
|
Re: Is a stolen and recovered bike always a stolen and recovered bike..?
Quote:
Although to go into a little bit more detail: A: have to crush, can't break for spares (e.g. burnt out) B: cannot go back on road, can break for spares (e.g. frame broken) C: costs more to repair than it's worth D: costs less to repair than it's worth but insurer doesn't want to X: minimal damage (stolen recovered falls under this apparently) I know the assignment of C & D is very vague and a lot of times has no sense to it, so don't take the above description as strict. It is the generally given description though. X might also fall under this "let's be vague" approach, but I don't see it used much. |
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
SV stolen->recovered... how do I get it back on the road? | lazymanc | SV Talk, Tuning & Tweaking | 37 | 08-04-09 09:53 PM |
Recovered bike! | Spider | Bikes - Talk & Issues | 3 | 19-05-07 04:16 PM |
V5 Stolen Recovered | wheelnut | Bikes - Talk & Issues | 11 | 23-07-06 02:52 PM |
sv stolen/recovered | schwantz fan | SV Talk, Tuning & Tweaking | 3 | 25-06-06 07:12 PM |
Glasgow - Stolen Bike X448 MSP - Now Recovered!!!! | jimmy4237 | SV Ecosse | 23 | 08-05-06 11:57 PM |