My Rocket Is Destroyed

W

My agent did say something about submitting paperwork (perhaps what your talking about) if the bike is totaled and then talking to the dealer as they might return some of the money. I'm just not very optimistic. I guess I'm getting ahead of myself on the whole thing. I'll know more Friday. My thinking was....if they allow me $12k NADA...add the accessories and if I were to luck out with $1k on the warranty, then that would be $14-15k. I still owe a little over $6,500 so that would allow around $8K maybe to put on another new bike if I could find a new one. (14,15,16.... I don't care.) I'm not looking to make a profit....breaking close to even and not taking a hit would be great.
 
Being so far ahead on the loan, you're probably going to come out with minimal financial impact on your part, though, you'll end up paying off another bike now Really frustrating for sure.
 
Oh, did I mentioned, Life Cycle in Kalamazoo did tell me 2016 was the last year for the Rocket. He said he just got the word from Triumph and it is no longer going to be made...It's all done boys.
 
. . . and Clinton didn't delete emails!
. . . I hope this is BS.
I do not wish to own TWO obsolete motors!!!
 
Fact, 2016 is not the last year for Rocket, Triumph made a public statement to that effect, HOWEVER they didn't say which Rocket will continue, so it is possibly the last year for the Touring.

Triumph also made a statement that by 2018 their whole lineup would be updated, that was in 2015. So, Tigers, Daytona, Street and Speed, Bonneville, Thruxton, have all been updated or will be next year. What's left, Trophy, Rocket, Tbird.

Weight that against Trophy already being the most advanced, and newest design they'll probably count it as "updated" already. Then factor in they've said either the Tbird or Rocket is getting axed, and the logical conclusion is... Tbird dies next year and R3 gets an update for 2018.
 
wonder what or how they will if they do make any changes to the Rocket ..... a 6 speed gear box or a comprehensive touring package
 
Bedifferent said:
I'm still waiting on the adjuster to look at the bike this Friday.
Click to expand...

Standard procedure. Stall, stall, stall. This along with checking the swing arm, ect is why I suggested you get it to the dealership. If he comes Friday n you can't be there, the service guy can hammer him. You said you have a trailer? Get a friend to help you get it there.
If they don't total it, file a DIMINISHED VALUE CLAIM against them also. It adds $$$$ to you AND THEY OWE IT

DIMINISHED VALUE FAQS | Insurance Consumer Advocate Network
 
Last edited:
breeze said:
if they do total how is it dealing with a "salvaged" title?
Click to expand...


Not sure I know what you're asking.
If they Total the bike but you want to keep it, they will pay you the ACV (actual cash value) of the bike, but deduct the amount of "salvage value" (what a salvage company/junk yard buys it from Ins. Co. for) form the ACV amount which is usually 10-15% on cars (?bikes?)
So if bike is $12,000 bike, instead of giving you $12,000 +tax, title & license - they give you $12,000 less, say 12% ($1440.00) = $1056.00 & you keep the bike - but they take title & have state issue a salvage title, if you ever try to sell it, it will be worth much less because of the salvage title.
zat what you were asking?
 
sort of pretty sure you cant put it back on the road ?because it was totaled or a salvage title or it is a parts only bike?
 
You must log in or register to reply here.

Similar threads

I did it, 2023 Rocket GT
Replies
6
Views
305
Idaho Red Rocket 3
What is this plug for?
2
Replies
12
Views
940
Mongler07
2014 Triumph rocket 3 Touring Tune ecu map
2
Replies
12
Views
1K
MadSinga
Goofing around with my GoPro
Replies
2
Views
280
Junior
'23 Rocket 3 GT - Parking Lot Tip Over - No Damage!
Replies
1
Views
398
TURBO200R4
Menu
Log in
Register