Opinions and Advice (Scrapping bike)

Astandane · Nova Slayer Joined: 06 May 2012 Karma :

So recently I have been claiming through insurance for my bike which was damaged in an accident, and today I received a call saying my bike was a total loss.

The bike, which was a Kymco Pulsar 125, was bought for £1250 and the insurance are offering me £1080 or £955 if I want the bike back, which while they will not repair, is now a class C meaning I could still ride it if repaired (after numerous checks).

I'm at a bit of a cross roads now. I need my bike for work, and the courtesy bike will only be with me for so long. I think the pay out is quite good, and I could easily pick up a decent replacement. The question is whether I should.

I am still on L-plates, and I feel like I have two options. A; just get a new bike. B; get my full (or whatever I'm allowed) license and somehow find a good investment for whatever money I have left.

It's my birthday tomorrow, so maybe I could afford my test. Perhaps pick up a cheap 125, and leave enough money in case I do not pass first time. However, do I take back my old bike for less and hope I can get it sold for spares? So many questions, so little time it seems. I would really appreciate opinions on this as I want to make the most of what I am being offered here.

Clutchy · World Chat Champion Joined: 08 Nov 2011 Karma :

Have it back for that price, stick on gumtree for £250?

Or learn mechanics on it...
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Malaguti F12 Phantom-Dead, Suzuki AY50- Dead, NRG power DD LQ, CBR125.
*33 BHP restriction up on 10/12/14* Current bikes/car: SV 650 S/ MKIV GOLF
Guide to pass your test with no lessons!

moppy · World Chat Champion Joined: 25 Apr 2011 Karma :

Depends what the damage is. If it is a cheap and easy fix, then buy it back. I don't really know what the chinese bikes are worth, especially after being written off.

Alpha-9 · Super Spammer Joined: 19 Jan 2012 Karma :

Take the pay out, sell it sold as seen, buy new bike

JD
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Fzr-600 1999

Astandane · Nova Slayer Joined: 06 May 2012 Karma :

Learning mechanics on it sounds like a good idea, especially for the £950 I would still get for it. Sounds like a waste to let them scrap it.

As for damage, to my eyes it was mainly cosmetic but the gear lever was bent, not sure what effect that had on the engine and transmission inside. Maybe one day, when I'm rich, I could restore it to it's former glory?

Astandane · Nova Slayer Joined: 06 May 2012 Karma :

I may just look for a solid 125 as I'm applying for the Navy and can't imagine having much time to ride anyway, or even a need to. The Suzuki Marauders look rather nice.

Walloper · Super Spammer Joined: 24 Feb 2005 Karma :

Astandane · Nova Slayer Joined: 06 May 2012 Karma :

Astandane · Nova Slayer Joined: 06 May 2012 Karma :

I think, having browsed the web, I'm going to just replace with a CG125. I need something reliable and dependable.