Salvage - HOW MUCH ! - Page 2 - SV650.org

28-06-05, 06:18 AM

Quote:

Originally Posted by BigApe

When my Bandit got written off, I got payed £3500, and they let me keep the bike for nought.

I sold it on as a cat c job lot and got £1500 for it.

End result I was in pocket by a couple of hundred quid.

Nice one! It's always good when you come off slightly better, makes all the aggro. you have to go through a bit more bearable.

BillyC · 28-06-05, 07:58 AM

********... 20% is generally the salvage value for any vehicle, and a breaker that would pay more is a mug.

Simply ask them to reconsider their offer!

On the other hand, if you want to give it back to them with a "dinged" tank, then I'd be happy to help

28-06-05, 10:29 AM

Quote:

Originally Posted by BillyC

Simply ask them to reconsider their offer!

I wouldn't even do that. Offer them £500 making it clear that's your final bid, then wait and see. You might get lucky.

jambo · 28-06-05, 11:39 AM

Given that the main vulture is BillyC who's been persistent if nothing else I'm not sure you'll make that money back breaking the bike, I'd call it a loss if I was you

BillyC · 28-06-05, 12:00 PM

Quote:

Originally Posted by jambo

Given that the main vulture is BillyC who's been persistent if nothing else I'm not sure you'll make that money back breaking the bike, I'd call it a loss if I was you

Oi!

Okay fair enough! I'd like the number of the breaker though please

28-06-05, 05:36 PM

Being relatively new to the forum and reading through this thread.

It is my understanding that most insurance companies (over here anyway) are contracted to a salvage agent and they have a fixed % rate that they pay to the insurance company for salvage depending on the total loss cat i.e cat D has a higher rate than cat C.

Then again you might have a different set up than we do, if so then totally ignore what I have just said.

28-06-05, 07:58 AM	#12
BillyC Moderator Mega Poster Join Date: Nov 2003 Location: The exiles of Kent Posts: 2,184	********... 20% is generally the salvage value for any vehicle, and a breaker that would pay more is a mug. Simply ask them to reconsider their offer! On the other hand, if you want to give it back to them with a "dinged" tank, then I'd be happy to help __________________ SV650 K3 - Gone. Now a member of the SV650.org Kawasaki brigade!

28-06-05, 11:39 AM	#14
jambo Member Mega Poster Join Date: Aug 2003 Location: Croydonia Posts: 5,376	Given that the main vulture is BillyC who's been persistent if nothing else I'm not sure you'll make that money back breaking the bike, I'd call it a loss if I was you __________________ Modern motorcycles are bloody brilliant, enjoy it while we can

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28-06-05, 05:36 PM	#16
H62 Guest Posts: n/a	Being relatively new to the forum and reading through this thread. It is my understanding that most insurance companies (over here anyway) are contracted to a salvage agent and they have a fixed % rate that they pay to the insurance company for salvage depending on the total loss cat i.e cat D has a higher rate than cat C. Then again you might have a different set up than we do, if so then totally ignore what I have just said.