Re: Subject: Re: Re: Looks like i'll be parting her out

From: DR CHALLENGER (drchallenger@hotmail.com)
Date: Wed Aug 03 2005 - 15:25:40 EDT


In NY u must give the Ins. Co. the title before they will give you the
settlement check regardless if buy it back or not.

>From: Eric Huff <mopar@ehuffy.com>
>>
>
> > On the totalling a vehicle out and salvage title, I just totalled
> > a bike and my bro did a few years ago, and both of us bought them
> > back from the insurance company by having the buyback value taken
> > from the settlement check. In both cases we had the titles and
> > they never changed hands. I believe it becomes a salvage title
> > when the insurance company sells it to a junkyard. But if you
> > buy it right back, there shouldn't be a problem. My bro got
> > $1,000 for his bike because of the clean title. Wreck pics can
> > be seen at
> > http://www.bsu.edu/web/ztburcham/my_brothers_99_900rr.htm and the
> > bike was actually totalled out before that. Long explaination I
> > guess, but as long as you buy it right back or just keep the
> > title in hand, it'll be clean.
>
>That may differ by state.
>



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