Most motorcycles/atv's/sxs are totaled with very little damage, any frame damage and they are totaled in most cases, even if tabs that are welded on the frame are bent it will be totaled in most cases. I personally would def buy one, but i would want to see before pics and some of the repairs while they were being done. I think as long as your honest you could do very well.

 

I think you might have nailed it on the head. If the person i'm buying from has pictures, a build log, receipts that all that go along with it then I would buy with confidence and you could probably charge me a little bit more than the next guy would. A warranty would always help but not sure how practical that would be from your standpoint.

 

You shouldn't have any problem selling it, like stated earlier, take lots of pics and document the fix. I bid on wrecked ones on CoPart quite frequently.

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Good to see that there are people who aren't afraid to see an R on a title. We do a lot of R title car sales also. You'd be amazed at the number of people who shy away from a great deal on a really nice used car just because it's an R title. Most of the time, the cars we sell are totaled because they needed something like a front bumper cover and a hood. We're going to try this rzr out and see what kind of response we get. If it's good we'll continue. Maybe even get some great deals out there on this forums classified section.

 

Would lending policies be different when the machines been totaled?

 

A lot of lending institutions won't loan on a salvage title. ( that's what Texas calls them) I bought a 88 Mustang for my youngest son when he was in high school and when we went for the loan we found the salvage title. It was a Florida Highway Patrol unit that was involved in a fender bender and totaled by the state of Florida. No big damage but the re-titling made us have to pay cash.
If I knew up front about the R title, I wouldn't have a problem with it. For me at least, I would know from the start there is a better than good chance I'd be working on it a little more but, mine has been apart more than it's been running with all the changes I've made over the years. For a tinkerer, this would be a no brainer. Good luck whichever direction you go.

 

We're still in the process of looking into title work. Certificates of salvage are issued when a vehicle is totaled and once reconstructed, a reconstructed title is issued. Loans are possible. Although for the price range, a personal loan would be the best route to take if someone would need a loan.

 

I wouldn't but that's just me. But a place around me, I believe the name is racers edge 411 in Ohio. They do the same thing. But they are a big company so I'm sure they get better deals since they are so big and buy a lot. They also sell after market accessories and have a junk yard for spare parts. And they use craigslist to sell also. So just some info for you. Good luck. I've bought a few that I have fixed and sold if the deal is right. But the price has to be low enough so profit is worth while of having to deal with the people on Craigslist hahahaha

 

I agree.

The biggest issue here is going to be the supply of affordable wrecked rzrs.

Ive had buddies say "ill buy a wrecked one and fix it" problem is the parts on these things are worth big bucks. So not only are you competing with people that fix them but you are competing with people that simply want to tear them down and sell them.

Good luck with your decision.

 

Yeah. There are new auctions every day. Polaris, can am, kawasaki, even cfmoto. The supply is there I believe. At least to do one a week or so. Doesn't even necessarily need to be a side by side. Could be a bike or a quad. The money is just in the side by side category lately

As far as parts go, there's room to work with. Parts are affordable when you only pay $2500 or so for the machine

 

I agree if you can buy them for $2500 theres huge potential esp with your tools and skills.

Seems like all the xps and rzrs i could find they wanted a ton of $$ for. Like a wrecked xp for 8500. And it needs 4k worth of work! Lol.

 

I can't speak for everyone but I can tell you this…

Having been in the body shop business for 30 years, there was a time I could buy a totaled car, rebuild it and sell it with a 5-7K profit.

The biggest problem is within the last 7'ish years mostly (has always gone on but more noticeable the last 7'ish years) is that when cars (atv's included)are totaled, the insurance companies sell them to yards like Copart which sells them as "rebuildable" wrecks.

The problem with that is where I was paying 2-4K for a totaled car, I now end up paying 8-10K for this rebuildable wreck. These salvage auction yards are making the profit I was able to make.

Then you have to deal with titling. Many states will allow you to sell vehicles with rebuilt title (just means it was salvaged and has been rebuilt) Banks don't like to loan money on rebuilt/salvage titles regardless of the condition, it's the "stigma" that it's been wrecked.

Some insurance companies won't insure those kind of vehicles only.

The other problem is the clientele that you are going to be servicing is people that don't want to spend a lot of money on a rzr. You can buy used rzrs now for 6K. In order to entice someone to buy a rebuilt/salvage titled rzr, you'd have to be in the 4-5K range… it's not that far off of what you can buy a used one with a clean title.



I'm not saying don't do it, it's just harder to make money on it. I think you could make as much just buying and selling used rzrs.

Good luck with your endeavor either way.


Mark

 

I agree with that. There are so many places competing in the car business. Much much less in the atv business. If you could have a "used atv" lot, full of rebuilt reconstructed atvs, I think there would be more business than autos. Plus the profit may even be more at the end of the day

 

In PA at least, there is no issue with insurance. The vehicle gets insured as easily as a new car would. Any rebuilt car must get the PA enhanced inspection, and be cleared. The enhanced inspection is just a more thorough inspection than the regular state inspection. They're meticulously gone over from bumper to bumper to clear. In almost every case, a reconstructed car in PA are in better shape than most other used cars for sale just for that fact. The car must go through enhanced inspection to get titled, and then state inspection before it can get stickers.