Saw Triumph Thruxton FS on T.O. insurance recovery site

[robmack]

Forum Sponsor

Just letting the community know that I was on Stark Auto Auction's web site today and it seems they have acquired a 2013 Triumph Thruxton with water damage...probably from last week's torrential downpour.

https://starkautosales.com/car_details.php?stockn=MM46676&C=&S=74

Might be worth restoring for those who feel handy and are willing to take a calculated risk. I bought my V7 from Stark last year and, even though fire damaged, it restored nicely and runs great now.

 

[Scudzo_2]

The gauges look to be damaged too! It is also listed as "Not available for sale at the moment".

You're right though, for the right price that would be a great bike!

 

[vrus]

Correct me if I'm wrong but wouldn't the vins on these vehicles be unable to return to 'fit' status at mto?

 

[GreyGhost]

Some of the burned up cars on that site are interesting (absolutely destroyed, maybe only a few internal enginer parts usable). It is a strange system that requires scrap metal to be taken to an auction, sold, transported to a scrap yard and then scrapped. It just seems like way too much effort for a small amount of money (especially since it could have been dropped off at the scrapper in the first place for a similar amount of money).

 

[Rick CH]

Correct me if I'm wrong but wouldn't the vins on these vehicles be unable to return to 'fit' status at mto?

Not all of them have branded ownerships. There's a column that shows if there is a brand.

 

[wonderings]

Correct me if I'm wrong but wouldn't the vins on these vehicles be unable to return to 'fit' status at mto?

I could be wrong, but I always thought they were branded as "un fit" only if there was severe damage to the structure of the bike, like the frame. Maybe I am wrong.

 

[coyo]

I could be wrong, but I always thought they were branded as "un fit" only if there was severe damage to the structure of the bike, like the frame. Maybe I am wrong.

It could be "unfit" if ownership was transferred with no safety, ie; buy it to work on to then get it safetied and plated.

 

[robmack]

I could be wrong, but I always thought they were branded as "un fit" only if there was severe damage to the structure of the bike, like the frame. Maybe I am wrong.

There are two possible brands for motorcycles -- "None" or "Irreparable". Irreparable cannot be ever licensed again for street use in Canada. None can be re-licensed for street use. Once a bike is taken off the road, it is designated unfit. It must pass a safety exam and, if ok, it is redesignated fit. At that point, a plate can be issued.

Cars have a third branding - "Salvage". This means the vehicle has sustained structural damage and that must be repaired and tested before changing the brand to None. All the other rules for motorcycles applies to cars.

For insurance recovery like this, the insurance company pays the owner and takes posession of the bike, contacts the MTO to take the vehicle off the road (now unfit), assesses the damages and sets the brand (none/irr) and sells the remains to a recovery company. The recovery company acquires the ownership under the sale, sells it onwards to a client who assumes the ownership. They can relicense the vehicle if it has no brand and passes the safety.

The field called "Brand" on the web page shows "None", meaning this Triumph can be relicensed for road use in Ontario again once repaired.

 

[robmack]

The gauges look to be damaged too! It is also listed as "Not available for sale at the moment".

You're right though, for the right price that would be a great bike!

Looks to me that someone unmounted the gauges to troubleshoot the problem, possibly. All Stark's ads say "Not for sale at the moment" It takes a bit of time for the insurance company to release the ownership papers to Stark, which accounts for this disclaimer. They also say "Call for pricing" in the web page. Once it hits the web site, the vehicle is for sale.

Forum Sponsor