Looking at this salvage Ducati but not sure if it is a regular S or something better. Ohlins rear shock, loads of carbon bits on it. Nice and cheap and could be put right reasonably easily. It's a cat C though so would be sold on cheaply too.
Sorry for the double images. It was registered in 1997 and is listed as Ducati - All Models. So god knows what that means. The clocks are in Km too, and the rear nuts are lock wired. Maybe for the track day look or maybe for actual track days.
It appears to say 748 SI on the sticker. Perhaps a P has rubbed off on there somewhere? It has brembo discs, an Ohlins shock, 3 spoke gold rims and frame. Im not really sure what floating discs are, but if it is where they have a separate braking surface to that which is attached to the hub then it has those. Although it can't be seen in the photos I have posted, it does say Ducati on the tank, so that's an SPS ruled out? It has standard end cans, and I'm not sure about the forks. I'll post a picture of the fork tops.
And an Ohlins steering dampener Also a single pic on the calliper but is this an oil cooler behind or the rad?
Tom, see my PM to you from the other SPS that was on eBay and the part where it state SI under the seat, this could be an early SPS or more likely an SP. My SPS does have a Ducati decal on the tank and those are very likely to be SP\SPS floating discs, they are certainly floaters from the shape of the centre and the rust on the cast iron, but it does have what look like 40mm calipers as it only has one pad pin. The 1998/1999 SPS's had 65mm calipers. Looks like an oil cooler to me as the radiator is much higher up and above the V panel and it does not have a mesh grill like the stock 748's Photos of the master cylinders would help also as SPS's had early master cylinders and the later 65mm calipers, I'd say it'could be a 1997 SPS or at least an SP from the photos. Is it listed on eBay by chance??
No it's not listed on ebay and I don't want to share so I can buy it On further evaluation I think that the forks are showas. Did SP models come with Showas?
Floating discs on front, 40 mm calipers, alloy subframe - looks like an SP to me. S1 on sticker would be consistent, too. What damage for Cat C rating? Check the rockers!!!
Yes Showas on the front, nothing exotic. I'd go along with it being an SP 1997 was a crossover year. Cat A - The bike should be scrapped and no parts can be taken from it. Cat B - The bike should be scrapped but certain parts can be taken from it. Cat C&D - These are normally used for non economical repairs. I.E Not dangerous to drive but the insurance company doesn't want to shell out repairing them.
I'm afraid I have been out bid and I'm not going any higher. I had it priced at £1400 to include £1000 of repairs in order to break even. It's gone above that now so I won't be getting it. Shame though as it looked like it could have been a bargain. I don't know how much higher it will go as even £1400 seems slightly steep for a wrecked bike. It needs: New lock set v5 application Front Wheel Tank Left hand panels tyres screen rearsets exhaust guard service tax mot All in all, just for those parts I priced up £1250.
The problem with these sort of things is that if you have the parts yourself then it's not so bad, but trying to buy them for example off eBay gets costly as some parts are going up in price. Body panels are the best example. I used to get plenty of panels for literally £0.99 some years back and repair them and keep them as spares. Now people are asking silly money for those sort of things. It might be wise to back out before bidding fever starts.
Sensible move I think, buying anything that is incomplete can be a nightmare and it always costs more in the long run. My last bike I bought as a rolling chassis and a matching numbers set of crankcases as a track bike but I was lucky enough to get a crashed 748R which provided all the other bits. I was lucky I had a complete 748R engined bike for about £2,700 and I could sell on things like the power commander and the bits I didn't need or use. So it is possible it's just getting the right deal. Also if it is salvage is it going as a straight sale or what seems to be by auction, as you mention it. In which case even at £1400 there would be auction fees and\or VAT to pay. Am I correct in stating that? so a £1400 bike might turn out to be a lot more, VAT would add another £280 on it's own plus any other fees. If so it is definitely not a bargain now.
In regards to VAT on salvage... HM Revenue and Customs says... 10.7 What if I buy an eligible vehicle from an insurance company or finance house? If you buy an eligible vehicle from you will not be charged VAT provided an insurance company which has acquired it as a result of an insurance claim, or a finance house which has repossessed it the vehicle is sold on to you in exactly the same state, and it was obtained by the insurance company/finance house from a person who would not have charged VAT on its supply, for example, a private individual. So it depends on whether or not the vehicle came direct from the insurance company or whether VAT was charged on the sale initially. Also the Margin scheme is voluntary ad you can charge VAT if you want any way. It also states that if the company was charged VAT on the invoice that shows the vehicle being purchased by them, then VAT must be charged on the sale price. If no VAT is shown then it's up to the company whether to charge VAT or not. One would hope that no VAT would be charged along the whole chain from the losing individual to the buying auction winner via the insurance company and auction house.
The days of being able to get a CAT C "bargain" are long since gone. With motorbikes in particular, a lot of bikes were written off due to frame damage. The labour cost involved in swapping everything over into a new frame simply cost more than the bike was worth. When in actual fact 9/10 the damage to the frame was nothing more than a scratch which a bit of touch up paint would fix. A lot of people realised that and soon every man & his dog were buying smashed up bikes which pushed the prices up. Since about 2002 onwards I noticed that the prices were getting silly. Very often id see a bike needing £2k spending on it being sold for £2k - when you could go and buy a perfectly good one for less than £4k in the first place. If you already have a pile of spares at home then its not such a problem. Of course the other factor is those people who buy a smashed up bike, then go out and nick one of the same model which they then strip to get "free" parts. Or just ring the nicked bikes ID with the salvaged one. These people have nearly a zero or low cost in repairing the bike and if your buying legit bits you just cant compete. The only time I ever used to get a real bargain was if the owner of the vehicle keeps it and sells it privately rather than through the insurance company / auctions. But even so, these days with ebay, if you have spotted a "deal" then chances are millions of other people have also.
Ducati have been on the blower, it's a genuine 748SP, built in 1996 and first registered 08/05/1997 in the UK. Has kph clocks though. Is that normal?