Been coming across a lot of bikes on Craigslist here in Honolulu with "salvage" title..... Some say only cosmetic issues, scratched fairings etc.
My questions
1. Would an insurance co really salvage a title for cosmetics?
Yes, but don't be fooled, there may be hidden damage.
2. If a title has been salvaged...the bike has needs to be re certified to be sold & does the reason have to be stated on title & or paperwork?
Each state has it's own rules. The requirements for for getting a reconstructed title differ from state to state.
3. Lastly how much of average does a Salvage title devalue a bike?
Local markets rule, but I would say spend no more than half retail value. Collision and comprehensive insurance might also be a problem.
Thanks all....& any other input appreciated!!!