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Do you have to tell your insurance about a write off

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BillyJ
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PostPosted: 14:48 - 07 Mar 2014    Post subject: Do you have to tell your insurance about a write off Reply with quote

So I've found a Bandit in what seems to be good nick but after a brilliant value textcheck it says that is may be a CAT D bike but due to a plate change further investigation is required?

So firstly I know CAT D is no biggie, and he's been riding it for a while but he didn't mention it. So I did Laughing

But do i need to tell an insurance company that the vehicle i wish to insure was at some point a CAT D vehicle and if so, do they care?
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Monkeypony
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PostPosted: 14:52 - 07 Mar 2014    Post subject: Re: Do you have to tell your insurance about a write off Reply with quote

BillyJ wrote:
So I've found a Bandit in what seems to be good nick but after a brilliant value textcheck it says that is may be a CAT D bike but due to a plate change further investigation is required?

So firstly I know CAT D is no biggie, and he's been riding it for a while but he didn't mention it. So I did Laughing

But do i need to tell an insurance company that the vehicle i wish to insure was at some point a CAT D vehicle and if so, do they care?


If they ask, I'd tell. Other than that, I make a point of never giving them any more than the minimum of info.

However, if you need to claim, it will come up and will effect the payout, but as long as you've not paid a non cat D price for the bike, that shouldn't be an issue.
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P.addy
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PostPosted: 14:53 - 07 Mar 2014    Post subject: Reply with quote

Never have, they'll find out when it comes to paying out time.
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BillyJ
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PostPosted: 14:55 - 07 Mar 2014    Post subject: Reply with quote

Paddy. wrote:
Never have, they'll find out when it comes to paying out time.


So out of interest...

2001 Bandit 600
21,000miles
CAT D

How much would you pay for it?
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Had: '06 CBR125R + '01 GSF600 + '07 SPRINT ST 1050 + '80 CB250 RSA + '93 Ducati 900SS
Have: '13 GSXR-1000 + '01 CB500S
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G
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PostPosted: 14:55 - 07 Mar 2014    Post subject: Reply with quote

Not much?

Depends entirely on the condition, however.
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BillyJ
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PostPosted: 14:57 - 07 Mar 2014    Post subject: Reply with quote

G wrote:
Not much?

Depends entirely on the condition, however.


Impressively good, broken indicator, that's about it.

And can you define not much?
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DrSnoosnoo
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PostPosted: 14:58 - 07 Mar 2014    Post subject: Reply with quote

Broken indicator is probably the CAT D Razz
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G
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PostPosted: 15:00 - 07 Mar 2014    Post subject: Reply with quote

I meant condition of the rest of the bike, more - rust, bearings, what the engine sounds like and so on.

In the end, while not silly miles, it's an old-tech, heavy and slow commuter bike.
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P.addy
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PostPosted: 15:03 - 07 Mar 2014    Post subject: Reply with quote

BillyJ wrote:
Paddy. wrote:
Never have, they'll find out when it comes to paying out time.


So out of interest...

2001 Bandit 600
21,000miles
CAT D

How much would you pay for it?


Mk2, so I'd probably splash out as its a far nicer version.

£900 if its got years T+T
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BillyJ
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PostPosted: 15:03 - 07 Mar 2014    Post subject: Reply with quote

I'm going to see it on Sunday, I saw a video he made like 2 hours ago of it starting and running, sounds good across the rev range, no obvious horrific sounds. I expect rust on the downpipes but I've got it down to £1050 delivered 20 minutes to my house?

Is that about right, but he didn't mention it so i might be able to push it a but lower, he was asking 1150 initially.
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Have: '13 GSXR-1000 + '01 CB500S
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BillyJ
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PostPosted: 15:04 - 07 Mar 2014    Post subject: Reply with quote

Paddy. wrote:


£900 if its got years T+T


T+T?
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Vracktal
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PostPosted: 15:06 - 07 Mar 2014    Post subject: Reply with quote

BillyJ wrote:
Paddy. wrote:


£900 if its got years T+T


T+T?


Tax and (MOT) test
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Monkeypony
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PostPosted: 15:06 - 07 Mar 2014    Post subject: Reply with quote

BillyJ wrote:
Paddy. wrote:


£900 if its got years T+T


T+T?


Tax and Test.

Edit - too slow... Crying or Very sad
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DrSnoosnoo
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PostPosted: 15:07 - 07 Mar 2014    Post subject: Reply with quote

Tonic & Tonic, he's off the booze for a while
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BillyJ
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PostPosted: 15:12 - 07 Mar 2014    Post subject: Reply with quote

Haha, Oh yh it does have that. He didn't know and just called up the previous owner Shocked

Oh well, I said I might wanna push down the price a tiny bit and he said he's got a limit but we can talk price on Sunday, not bad then.

Perhaps I should sweeten the deal... dick pics?
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Had: '06 CBR125R + '01 GSF600 + '07 SPRINT ST 1050 + '80 CB250 RSA + '93 Ducati 900SS
Have: '13 GSXR-1000 + '01 CB500S
"The aryan confuser"
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P.addy
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PostPosted: 15:28 - 07 Mar 2014    Post subject: Reply with quote

£1000 flat or no deal Neutral delivered. With fuel.

A bandit will keep you busy and the power will keep you entertained for a bit, especially coming from a 250.
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BillyJ
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PostPosted: 15:31 - 07 Mar 2014    Post subject: Reply with quote

Paddy. wrote:
£1000 flat or no deal Neutral delivered. With fuel.

A bandit will keep you busy and the power will keep you entertained for a bit, especially coming from a 250.


And I have to restrict it to 33 until January.

And yep I got it to £1000 flat, may try a bit lower on the day, won't push it.
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Had: '06 CBR125R + '01 GSF600 + '07 SPRINT ST 1050 + '80 CB250 RSA + '93 Ducati 900SS
Have: '13 GSXR-1000 + '01 CB500S
"The aryan confuser"
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P.addy
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PostPosted: 15:36 - 07 Mar 2014    Post subject: Reply with quote

Push it, check chain and sprockets, umm and ahh about it, check tread depth on tyres, thickness of pads. Thumbs Up
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BillyJ
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PostPosted: 15:38 - 07 Mar 2014    Post subject: Reply with quote

Paddy. wrote:
Push it, check chain and sprockets, umm and ahh about it, check tread depth on tyres, thickness of pads. Thumbs Up


Cheers haha it's been a year since I've done this Embarassed

The whole restrictor thing, would I need to tell my insurance when I take them out?
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Had: '06 CBR125R + '01 GSF600 + '07 SPRINT ST 1050 + '80 CB250 RSA + '93 Ducati 900SS
Have: '13 GSXR-1000 + '01 CB500S
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P.addy
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PostPosted: 15:41 - 07 Mar 2014    Post subject: Reply with quote

Nothing, say nothing unless they ask.
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Shinigami
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PostPosted: 15:45 - 07 Mar 2014    Post subject: Reply with quote

definitely check tyre tread depth, as new set of tyres will cost you, depending on choice, upto £200 ish

so if tyres are knackered, get them to drop it more, same for chain and sprocket wear Smile
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BillyJ
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PostPosted: 15:55 - 07 Mar 2014    Post subject: Reply with quote

Brilliant, thanks a lot guys Thumbs Up
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Had: '06 CBR125R + '01 GSF600 + '07 SPRINT ST 1050 + '80 CB250 RSA + '93 Ducati 900SS
Have: '13 GSXR-1000 + '01 CB500S
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P.addy
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PostPosted: 16:07 - 07 Mar 2014    Post subject: Reply with quote

BillyJ wrote:
Brilliant, thanks a lot guys Thumbs Up


Not a karma problem Laughing

Pics of said beast when you get it.
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Rogerborg
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PostPosted: 18:07 - 07 Mar 2014    Post subject: Reply with quote

A quick note. I have in the past invited a potential buyer to (politely) do one, because he kept pushing and pushing. The bike sold later that night to a much nicer chap who understood that he was getting a bargain even at the full asking price. In return he got it cheerfully delivered, serviced unasked for, with a decent set of panniers thrown in gratis, and I even slipped a tenner in the Haynes to cover an issue that I noticed while prepping it.

Good things happen to people who make selling a pleasure rather than a chore, is the nub of my gist.
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Az
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PostPosted: 18:37 - 07 Mar 2014    Post subject: Reply with quote

BillyJ wrote:


So out of interest...

2001 Bandit 600
21,000miles
CAT D

How much would you pay for it?


I paid £925 for my mk2 2000 bandit 600 which had no mot or tax, but passed mot first time with just 1 advisory, on the road it cost me £985 with mot + 6months tax.

So for a Cat D and similar mileage i wouldn't pay more than £900, and i'd aim to walk away with it for £850 as long as it had MOT and Tax.
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