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+--- Thread: 2014 CB1100 Salvage title (/showthread.php?tid=1173)
2014 CB1100 Salvage title - Honda_Fan_imp - 01-25-2019
I went and looked at a 2014 salvage title CB1100 today. Seller asking $3kand it has about 5k miles on it. I googled vin and found salvage auction pictures which indicate it’s been dropped on the right side smashing instrument cluster and causing rash on few elements. My question is it worth it? Seller fixed up most damaged components and rode it 2400 miles since. I’ve been wanting to buy one of these since they came out and this one seems like a good way to get one. Anybody ever dealt with salvage title bikes?
RE: 2014 CB1100 Salvage title - LongRanger_imp - 01-25-2019
I have no experience with salvage titles. Yours might be a good deal considering the damage but keep in mind you can find good, clean pre-owned '14's for less than twice that price, so it may not be worth it. Please keep us posted.
RE: 2014 CB1100 Salvage title - GoldOxide_imp - 01-25-2019
Welcome to the Forum Honda_Fan. When not elsewhere, you will be here.
RE: 2014 CB1100 Salvage title - suhawk305 - 01-25-2019
Welcome Honda Fan.
Just curious, if this bike is a ‘14 Standard with a VIN ending with 0998, it is the one I crashed during March 2017. If I remember, my bike had about 200 miles on it. The damage you described sounds the same, but my insurance company still totaled the bike. Best of luck with your decision.
BTW: I live 60 to 70 miles Northwest of NYC. Nice area to ride!
RE: 2014 CB1100 Salvage title - pekingduck - 01-25-2019
A salvage titled bike will always be worth less because a prospective new owner never really knows how bad the damage was - light damage as you say, or into a wall at 60mph and a bent frame.
It also can't be insured for collision, or financed by a bank/credit union. Also, if the bike is under warranty or has a very suspicious problem, the manufacturer will look at the NICB website and see if it is salvaged. (https://www.nicb.org/how-we-help/vincheck)
A salvage title means that an insurance company determined that it would cost more than a certain percent of the value of the bike to return it to the way it was. The insurance company sets the rate, usually 60% - 75%.
On a 2013 CB1100, whose retail bluebook is probably around $5000, that means allocating $3000- $3750 to the repair, including parts, labor, storage, towing, etc.
My 2013 slid out on a low speed right turn at around 30-35 mph. No front impact, no damage to the wheel/forks/frame/engine, no bodily injury.
A scuff on the tip of the fender, a scuff on the headlight rim, the right side of the gauges scraped but still functional, scrapes on the underside of the exhaust that you had to crawl underneath to see and that don't bother me. The low bars with bar end mirrors bent and put a crease in the tank.
Just these 3 areas were enough to total it:
gas tank - $1100
muffler - $896
meter assy (the 4 main pieces) $1250
What I'm getting at is that it doesn't take much to total a bike these days. So your bike may be perfectly fine after some cosmetic repairs, like mine was. My bike was totalled by the insurance company, but because the owner chose to keep the scuffed exhaust and do the labor himself, he kept it from being a total on the title.
RE: 2014 CB1100 Salvage title - peterbaron - 01-26-2019
My personal opinion is: I do not buy salvage or after accident vehicles....
RE: 2014 CB1100 Salvage title - GoldOxide_imp - 01-26-2019
(+1) Not recommended. I once had a "salvage grade" Yamaha bike that had a Suzuki piston, and the connecting rod was broken. Swingarm was off too.
RE: 2014 CB1100 Salvage title - Honda_Fan_imp - 01-26-2019
I appreciate everyone’s input. Too many unknowns to take a chance
RE: 2014 CB1100 Salvage title - PAULIBIKER_imp - 01-26-2019
The only way I would buy a salvage title bike is if I could see it before it was repaired and I planned on keeping it for awhile, since re-sale would be tough.
RE: 2014 CB1100 Salvage title - Honda_Fan_imp - 01-26-2019
I did find auction pictures of it online and it does look pretty well taken care of. However I usually buy a bike for one season and get something else next season because I become bored with the bike. So prospect of trying to sell salvage title very niche bike is a bit daunting. Ever since I saw this bike at NY bike show I’ve always wanted one but prices were way too high at the time.