Showing posts with label motorcycle ownership. Show all posts
Showing posts with label motorcycle ownership. Show all posts

Friday, 22 July 2016

Vehicle Branding

I sold the Yamaha XS1100 yesterday.  With the Concours on life support I haven't had the wrenching time to work on the Yam, so I put it up for sale to make room in an otherwise overcrowded garage full of old Japanese bikes that aren't running.

The Mid-Night Edition Yamaha came to me in rough shape both physically and legally.  With only a hand written note I had to figure out how to get continuity of ownership restored.  It was a relatively simple process, but you need to be lucky (I was) and figure out how to get an affidavit worked out (I did).

Where I got lucky was that the Yamaha didn't have a brand on it.  Had it been a write off at any point previously (and it had a long and storied eleven page history - so it was entirely possible), I'd have been up a creek.  That legal ownership near miss got me thinking about more complex ownership issues, especially when I saw this Versys pop up on Kijiji with a sad history:


A lost Versys




A bit of research has shown that this bike's 'irreparable Ontario title' means it'll never ride on the road again, it can only be used for parts.  For a bike that appears to have relatively minor damage, this seems a shame.  Others have had frustrating experiences with insurance companies writing off bikes rather than letting them buy them back and repair them (people get emotionally attached to bikes).  It's a matter of mathematics for the insurance company though.  A bike may be repairable, but the cost of those repairs outweigh the value of the bike, so it's deemed irreparable.



 So what would you do with this otherwise lovely Versys?  You would need to pick up another Versys frame with a working title (no damage, no history of crashes) and then graft the better parts from this Versys (not the front wheel) to that valid frame.  You'd have a low mileage bike with relatively new parts, but it would cost you two bikes and a lot of time and talent to make it happen.  I've never seen even an older Versys for sale for any less than twenty-five hundred bucks, so you're looking at $5000 plus a lot of work to have a modern, road-worthy Versys 650.

If you had a high mileage, older Versys sitting in the garage, it might make sense, but things change over time (especially mounting brackets and other niggly bits), so you might find that your expensive donor parts don't actually fit.  No matter how you frame it (!), it's more trouble than it's worth.

If this were a limited edition or classic bike, it might make a good parts bike, but a relatively anonymous, recent Japanese bike?  You can buy an immaculate, year older bike with half the kilometres and no crashes for less than five grand.

The moral of all this?  I've found two.  Firstly, you're taking a big risk buying a bike without the ownership on hand.  I got lucky with the Yamaha, but I could have as easily gone in and found that it was scraped and what I'd bought could never legally ride on the road again.  Secondly, if you see a bike with anything other than a working title in Ontario, stay away unless you're looking for a parts bike, in which case price it accordingly.


Links & Information on Motorcycle Branding in Ontario
(and generally in North America)

https://www.ontario.ca/laws/regulation/020376/v1
https://en.wikipedia.org/wiki/Vehicle_title_branding
http://www.mto.gov.on.ca/english/vehicles/vehicle-branding-program.shtml
http://www.mto.gov.on.ca/english/vehicles/vehicle-branding-program-faq.shtml
http://www.gtamotorcycle.com/vbforum/archive/index.php/t-141734.html?s=73a91a4860714e30a183b20b315ff3d5
"In Ontario there is no "rebuilt" for motorcycles. They are either clear title, or scrap. If it's ever been 'branded', then it can never be licensed for the road. You need to have a clean, unbranded frame in order to license a motorcycle for on-road use."

http://ontariorodders.activeboard.com/t52382265/salvage-title/
http://www.kijiji.ca/b-motorcycle-parts-accessories/gta-greater-toronto-area/frames-with-titles/k0c309l1700272
http://www.gtamotorcycle.com/vbforum/archive/index.php/t-177188.html
http://www.gtamotorcycle.com/archives/archive/index.php/t-54857.html
http://www.gtamotorcycle.com/archives/archive/index.php/t-131215.html


Q9: Can I legally drive an "Irreparable" or "Salvage" vehicle on Ontario roads?
No. Vehicles branded as "Irreparable" can never be driven on Ontario roads. They can only be used for parts or scrap.
Vehicles branded as "Salvage" can't be driven on the road, but they can be towed for the purposes of repair or receiving a Safety Standards Certificate. If you want to drive a "Salvage" vehicle, it must be upgraded to "Rebuilt." This can only be done if it has passed a structural inspection and safety inspection to be registered for on-road use.


Q10: How can I change the brand on my vehicle from "Salvage" to "Rebuilt"?
To make sure your vehicle meets minimum safety standards, it must pass an inspection and be issued a Structural Inspection Certificate (SIC). You must submit the SIC and registration permit to a Ministry of Transportation licensing office. Once accepted and approved, the "Salvage" brand will be changed to "Rebuilt."
Once the "Rebuilt" brand is placed on the vehicle registration file, you must obtain a Safety Standards Certificate from any Motor Vehicle Inspection Station so the vehicle can be declared "fit." The vehicle may then be plated and legally operated (once it has been provided with a Drive Clean certificate, if required).

Saturday, 26 September 2015

Yamaha XS1100: The Midnight Saga

Buddy Jeff gave me a hand getting the XS1100 home the other day; he's an enabler.

Getting it on the trailer was a bit tricky as the front calipers were seized.  A couple of whacks with a rubber hammer loosened them up enough to get the wheel rolling.  It took three of us to get it up onto the trailer - it's heavy (600lbs), had mostly flat tires and was still grabbing the brakes, but we finally got the job done.  We ended up settling on $400 as is, which gives me a working budget of about $1500 to get the bike back on the road.  It think it's doable.  The only other one like it for sale at the moment is asking $3300.  After looking at the bike again critically before agreeing to buy it, it's in surprisingly good shape for what it has been through.















Once home we had a victory beer after wrestling it off the trailer.  A bit later I had a go at it with a garden hose and some S100 cleaner.  The ride over had blown away most of the cobwebs, but the rest of the bike is quite astonishingly clean considering it has been sitting outside.  The S100 also has a corrosion inhibitor, but I also soaked the bike in wd40 in preparation of trying to remove any fastener on the thing.

Trying to muscle the 600+ pound bike into the garage earned my my first Yama-scar, but I eventually got it nestled in there.

In other news, here's something to know about bike ownership in Ontario (and probably elsewhere): if you're buying a bike off someone who bought it and never transferred ownership to themselves, you need to make sure you've still got chain of ownership intact.  This means either a piece of writing from the legal owner saying that the bike was sold to the intermediary or a signed ownership.  The kid I bought the bike off had neither (can't find them).  He's looking.  More updates to follow.

It's getting crowded in there - once the season ends
the garage will only need to hold the Concours &
the Yamaha, everything else will winter in the shed.
In the meantime, the history of this old bike is long and storied.  I'm the fourteenth (!) owner (almost).  It's a 1980, not a '78 as the kid selling it thought it was.  In the early '80s it went through three owners before finding itself at Norwich Collision Service in South West Ontario in the spring of '82.  The crash owner had owned it since Christmas and had probably been on the road for a few weeks in the spring before spilling it.  Idiots buying bikes too powerful for their experience level isn't a new thing then.  He got the bike back from repair and immediately sold it.

After the n00b crash and the repairs it got picked up by a guy who owned it for six years.  He then sold it on to a series of owners through the '90s and zeroes, the longest being eight years by a guy in Halton.  The last legal owner was a guy from Stoney Creek in 2009.  

Whoever said the Ontario vehicle history was boring or a waste of money?  This one reads like a Jane Austen novel!

I'll update the ownership situation as I hear more, hopefully it'll be resolved by the end of this weekend.  I'll hold off on working on the bike until I know I can own it, that seems prudent.