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Message started by Steve H on 04/29/13 at 16:43:30

Title: What do you think?
Post by Steve H on 04/29/13 at 16:43:30

I've got a chance to get a 94 savage that's been bobbed with 8500 miles on it for $400.

Biggest problem is: He has the title but, they messed up the reassignment, never got it fixed for the previous owner, now he's the second in the chain to have bill of sale only, if I buy it, I'll be the third and and wondering what kind of mess I'll have to do to get it licensed.

What does everybody think?

Edit:  He has the title to the bike and I would get it with it.  It was just messed up 2 owners ago when they improperly  completed the ownership transfer on the back of it.  The 2 successive owners have never titled the bike.


Title: Re: What do you think?
Post by WD on 04/29/13 at 16:50:44

How difficult will it be to fix the papers? It's worth more than $400 as a parts junker...

Seriously, talk to your dmv before you do anything with it. Some states a b.o.s. is sufficient, in others it will get it confiscated.

Title: Re: What do you think?
Post by Steve H on 04/29/13 at 17:00:48

SC is one of those states that will confiscate it, or at least threaten to do so from what I have heard.

I was thinking the same thing.  It's worth more than that price as a parts bike.  

Title: Re: What do you think?
Post by ToesNose on 04/29/13 at 17:50:08

Buy it and worst case scenario part it out  ;)


Even better offer him $300 LOL   ;D
 

Title: Re: What do you think?
Post by groupus on 04/29/13 at 18:16:41

When I got my 78 goldwing, I got a title signed by the previous, previous owner. I didn't realize it at the time, but the notary wouldn't do anything unless it was signed by him in the presence of a notary.  Him signing it otherwise actually ruined the title. They wanted me to go through contacting him to resign ownership, and if I couldn't, I would have to go through all the hoops of applying for a lost title or whatever. Luckily, I had a friend who was a notary. Knowing now all that crap I would have had to go though, I would have kept looking. Here in PA, you ca not get it fixed easily, unless things are different where you are.

However, I got it for $450 and built a sweet cafe that is a blast. For that savage, offer 300. The engine is worth at least $100, wheels, belt, carb and gas tank make up the rest if you can find a buyer.

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