Wild Dog Adventure Riding

Riding: Plan, Report and Racing => Ride Reports => Topic started by: Gee S on October 21, 2009, 02:54:59 pm

Title: Aprillia RS 125
Post by: Gee S on October 21, 2009, 02:54:59 pm
I got this bike a few years ago for my daughter but she never took to it. I was under the impression that the bike was scrapped but it never was
and now discovered the license fees are in arrears since 2001. About R 2300-00 including the penalties. I want to fix and sell/ swap the bike. I have been told that
if I scrap it I will only pay about about halve of the out standing fees. The problem with this is that it will have to be registered as a rebuilt (code 3).
Would this be a major problem when selling the bike?
Title: Re: Aprillia RS 125
Post by: Beemer Mike on October 21, 2009, 03:07:00 pm
No bank will finance a code 3. Some insurances are also finicky about insuring a code 3.
Title: Re: Aprillia RS 125
Post by: Gee S on October 21, 2009, 03:29:47 pm
Mods please move to General, dont know what I was thinking when making this post here.
@ Beemer Mike. The bike is too old for financing. The selling price will be in the cheepie category.
Title: Re: Aprillia RS 125
Post by: Beemer Mike on October 21, 2009, 03:41:17 pm
Then code three it. Code 3 is for rebuilds and stolen and recovered, so basically for deregistration. I had a CBR 400 that SWAMBO rebuilt (I ended up doing most of the work) that was a code 3. After she had finished with it and learnt to ride she sold it with no problems.
Title: Re: Aprillia RS 125
Post by: Rolf on October 21, 2009, 03:45:30 pm
You will not get the same amount of money for it, that is all. What exactly is wrong with the bike?
Why is it a code 3 and what is curretnly wrong with it?
Title: Re: Aprillia RS 125
Post by: Gee S on October 21, 2009, 04:43:33 pm
You will not get the same amount of money for it, that is all. What exactly is wrong with the bike?
Why is it a code 3 and what is curretnly wrong with it?
The bike is still code 2. The only reason for scrapping it would be to save R1000-00+ in penalties but I don't really want to do that
The power valve do not work as it should but would open if given direct power.