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Enforced salvage
Mark Allanson - 16/10/05 at 08:20 PM

As a few of you know, I have given up the bodywork trade after 20 years, and have moved on to being a motor insurance assessor.

I write off even more cars and now I deal with bikes too. One of the bike insurance companies insist that I value the salvage before I have a buyer, and if a buyer cannot be found, I have to buy the salvage myself. I wrote off a CBR1000 on friday, the bike was worth £3800, and I valued the salvage at 15% so I wont get stuck with it. If a buyer doesn't bite, I will be stuck with a CBR1000 with 22k on the clock for £570.

Then I got to thinking........

Deckman001 - 16/10/05 at 08:22 PM

Can't you get into trouble for thinking like that !!

Jason

bob - 16/10/05 at 09:13 PM

Blimey mark people might start thinking you are a londoner thinking like that

Mark Allanson - 16/10/05 at 09:15 PM

Oh dear, do you mean to tell me that the salvage is worth more that £570?

Who on earth would want a damaged motorcycle, when the only thing undamaged is the engine, clocks and wiring and modules? i just cannot think............

bob - 16/10/05 at 09:26 PM

LOL

Nice job mark,i'll put that with my list of favourite jobs along with dazzas flying illegals to there homeland and donuts house husband

colibriman - 16/10/05 at 11:22 PM

Mark,
you and I will need to talk....

Strolls - 17/10/05 at 02:34 AM

quote:
Originally posted by Mark Allanson
...I have given up the bodywork trade after 20 years, and have moved on to being a motor insurance assessor. I write off cars...
I really wish you were local to me - I'm looking for a donor at the moment & it'd be really nice to have someone able to keep an eye open for me.

steve_gus - 17/10/05 at 06:54 PM

thats totally daft! why the heck would someone want to price something high if they are gonna get stuck with it.... that ins co needs their bumps felt

atb

steve

wilkingj - 17/10/05 at 09:18 PM

quote:
Originally posted by Strolls
[I really wish you were local to me - I'm looking for a donor at the moment & it'd be really nice to have someone able to keep an eye open for me.


Ahh.. Mark.. We Need to talk.. I can fit a Pile of Bike engines and bits in the Caravan, and in the back of the Land Rover, and on the roofrack if I run out of space... I can transport job Lots from Cornwall but only once a year!

Mark Allanson - 18/10/05 at 08:49 PM

It seems that the salvage has to be bought by a registered buyer - still looking into the complete picture