Here's the link to the 2008 Stella I found for $1,250: http://richmond.craigslist.org/mcy/1257476295.html
I was wondering how or why it could have a salvage title but run great? Could it have been totaled then rebuilt with cheap chinese parts? In the left picture it looks like it has a pretty bad dent, any idea how much it would cost to fix or replace a dent in the side like that?
He also said that since it has a salvage title that the DMV would have to send somebody to inspect the bike and make sure it works to give it a 'salvage rebuilt' title or something like that, does that sound tight? If everything is legit would it even be worth buying it? Could it also be parted out and sold for more than $1,250? He says he had to repost it and had a check deposit on it but that fell thru.. Thanks again for your help!
Found this Stella on craigslist, is it stolen/worth it?
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ok a salveg title means that the insurance company has written this off as a complete loss (cost to repair exceded 70% of the value of the scoot) some times theft recoveries are sold under salvage titles too
with a salveg title the vale is normaly 1/2 of blue book value
some times just simple body work can make it expensive to fix and this could be the case
but now that it has a salvege title more then likely to be able to ride it you will have to get an inspection from your states dot to make sure its safe to be riden on the street (they should check for frame damage working lights and that the lens covers are intact the brakes are working along with the speedo and that tires are servicable) in some areas this inspection can cost several hunderd dollars
in the end unless they basicly give you this scooter by the time you fix it and have it inspected you will have a lot more money in it then the scooter is worth and will ever be worth as the salvge tiltle brand stays with it for life
im handy at fixing things so after a very thurogh inspection i might consider offering 500 to 800 but not paying anymore then 800 as a mint condtion retail value used is 2500 and trade in being 1800 per kbb 800 might even be a bit high
so if you can buy it fix every thing and have it inspected for less then 1500 you might be about even in value and from what i can tell from the pics you will need mirros to pass inspection and it looks like the front fender and both cowels will need work so i dount finacialy it would be a wise choice
with a salveg title the vale is normaly 1/2 of blue book value
some times just simple body work can make it expensive to fix and this could be the case
but now that it has a salvege title more then likely to be able to ride it you will have to get an inspection from your states dot to make sure its safe to be riden on the street (they should check for frame damage working lights and that the lens covers are intact the brakes are working along with the speedo and that tires are servicable) in some areas this inspection can cost several hunderd dollars
in the end unless they basicly give you this scooter by the time you fix it and have it inspected you will have a lot more money in it then the scooter is worth and will ever be worth as the salvge tiltle brand stays with it for life
im handy at fixing things so after a very thurogh inspection i might consider offering 500 to 800 but not paying anymore then 800 as a mint condtion retail value used is 2500 and trade in being 1800 per kbb 800 might even be a bit high
so if you can buy it fix every thing and have it inspected for less then 1500 you might be about even in value and from what i can tell from the pics you will need mirros to pass inspection and it looks like the front fender and both cowels will need work so i dount finacialy it would be a wise choice
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Check your state's laws regarding salvage titles and reconstructed vehicles. My Stella was a salvage I got on eBay and I just finished the whole process, it was not very difficult here in Pennsy, but it might be more difficult there. My scoot was listed as salvage and only needed about $200 of tender loving care to make her road worthy again. You might get lucky there, but of course, buyer beware.