HPI - help please

Originally Posted by Ed

Interesting coincidence that last change of owner was 31.7.06 and write off 5.8.06. Not sure what that means...

I think this looks like an insurance scam. The guy has an R1 and bought the bike off a colleague in july/august time who had an accident. He has been sorting out the repairs.


He may have bought the bike cheap and claimed on insurance and then bought it back and has done it up to make some money. I haven't seen it yet though.

Originally Posted by gettin2dizzy

theres more than one alarm bell going off here!
don't don't don't!
theres so many second hand SVs for sale- the best of which normally on this site. Just sit tight for a few days and a £1500 spotless bike with loads of mods is not out of the question

Well, thanks. I keep an eye out of the sv650 sight for decent sv650s. Does the pointy version hold its value more than curvys.

The sv650 is an intermediate bike for me. I really want a cbr600rr but i passed my test last year and don't want to have such a big jump especially as i am still on a 33bhp license. So the sv650s will be a temporary bike so i don't want to lose much in depreciation.

Want model of sv650 would you recommend to hold its value?

Originally Posted by ricky_t

I think this looks like an insurance scam. The guy has an R1 and bought the bike off a colleague in july/august time who had an accident. He has been sorting out the repairs.


He may have bought the bike cheap and claimed on insurance and then bought it back and has done it up to make some money. I haven't seen it yet though.

I think all this is telling you something...

they are cheap from new, so depreciation is never that big in comparison to other bikes. Maybe look at a cbr600f instead? its probably a better choice than a cbr600rr anyway if you plan on doing any mileage!

Just a little note on finance showing up on HPI checks.

Sometimes Experian or whoever is providing the details on the check havent updated their systems with the information when the finance was cleared. Before deciding not to purchase the bike call the finance company listed and ask them if there is finance still outstanding and that you are looking to buy the bike. If its clear then they can send you confirmation in writing that is it clear.

I see this alot when taking in part exchanges as I always HPI them before taking them in.

The damage part though. I wouldnt for £1500. There are plenty of bikes the same year for about that money private, that ok maybe a little ropey or high mileage but havent been crashed. Unless the bike has been repaired by a proper shop and you can see exactly what was damaged and repaired on that paperwork id stay clear.

[fizzwheel]

umh, HPI showing outstanding finance and a cat D right off..

Personally I'd be walking away.

Well here is an update. I have got in contact with the finance people and checkabike and the finance was paid off. There system was not updated. I have deatails of damage, all farings and the headlights.

The bike has been repaired and repainted. All cosmetic damage. The guy wants £1500 but as it is classed as a CAT D, i should be able to bargain a good price. It has not too may miles and it is black and it looks like new, because it has new fairings!

My opinion has changed, i may get this bike. The dates of insurance claiming were delayed. The guy bought the bike damaged after accident but the insurance company did not update records. He did not have the crash.

If the guy wants £1500 and has bought the bike to fix and try and make money on, I'd walk. You'll never be able to haggle him down to a realistic price.

What corners has he cut to try and turn a profit?

Trying to think of an accident that would damage both sides of the bike without hurting anything major. Narrow alleyway perhaps? :Lol: