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Author Topic: Brand New Parked Krypto Totaled  (Read 6710 times)

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1sharprdkg

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Re: Brand New Parked Krypto Totaled
« Reply #30 on: May 16, 2011, 09:56:47 PM »

Really sucks for the new Krypto, glad on riders were injured.
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Wayne G

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Re: Brand New Parked Krypto Totaled
« Reply #31 on: May 17, 2011, 08:04:16 AM »

Damn that sucks
We all know how dangerous it is to ride, unfortunately it takes something like this to slap the "I'm a good rider it wont happen to me" out of our hard heads !!!! 
Ride Safe guys

Wayne 
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Rio

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Re: Brand New Parked Krypto Totaled
« Reply #32 on: May 17, 2011, 08:49:16 AM »

 >:(  That just plain SUCK!  Hopefully you didn't have to actually watch it happen, and thank the Lord that you wern't sitting on her when it happened!
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jcd520

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Re: Brand New Parked Krypto Totaled
« Reply #33 on: May 17, 2011, 03:56:31 PM »

Lets just be glad the owner or girlfriend were was not standing next to them or on them at the time. You can always get another bike , not necessarily so with your body!
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nuckelhead

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Re: Brand New Parked Krypto Totaled
« Reply #34 on: May 17, 2011, 09:09:49 PM »

absolutely makes me want to throw up... unreal... i've never hit a woman... but....
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spydglide

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Re: Brand New Parked Krypto Totaled
« Reply #35 on: May 18, 2011, 05:31:15 PM »

You always have to be on the look out for those Q-tip's!
I resemble that remark. ;D  har.  :coolblue: spyder
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scj

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Re: Brand New Parked Krypto Totaled
« Reply #36 on: May 18, 2011, 09:27:42 PM »

Stopped at the dealer and he shared a  "you won't believe this" story.  You pick up your Krypto.  You ride it a couple of days.  It's got 141 miles on it.  You park it outside your shop.  Car wash across the street.  Lady pulls out of car wash, hits accelerator instead of the brake and panics.  Full throttle across the street and over your bike.  Panics, hits reverse, backs over it.  Bike totaled.  No useable parts (except maybe the seat).  Don't have all the details but that's the essence of it.  These are my pictures, so I've seen it with my own eyes.  Enough to make a CVO owner cry.  My dealer tells me the owner is going for a different color in a replacement. Lady hits the bike of the owner's girfriend, too, parked next to the Krypto

Sounds like the ex-wife was having a bad day :oops:
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mr_magoo

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Re: Brand New Parked Krypto Totaled
« Reply #37 on: May 19, 2011, 09:04:23 AM »

What was she driving a semi, sorry to hear.
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Aussie

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Re: Brand New Parked Krypto Totaled
« Reply #38 on: May 20, 2011, 12:19:16 AM »

That is one way to kill a Krypto, supermans enemy, just throwing a bit of humor in.

Glad nobody was hurt and bike is replacable, just hope you are able to get another one.
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bbrown

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Re: Brand New Parked Krypto Totaled
« Reply #39 on: May 22, 2011, 08:33:07 AM »

Wow
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Invisible68

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Re: Brand New Parked Krypto Totaled
« Reply #40 on: May 22, 2011, 05:54:17 PM »

I am curious as to what they are going to do with the old bike..... if there are any usible pieces?!?
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mjb765

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Re: Brand New Parked Krypto Totaled
« Reply #41 on: May 22, 2011, 05:57:57 PM »

I am curious as to what they are going to do with the old bike..... if there are any usible pieces?!?

If the ins company totals it, they will sell it as "repairable" with a salvage title.
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spydglide

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Re: Brand New Parked Krypto Totaled
« Reply #42 on: May 22, 2011, 06:40:28 PM »

If the ins company totals it, they will sell it as "repairable" with a salvage title.
And how do they set the selling price?  spyder
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mjb765

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Re: Brand New Parked Krypto Totaled
« Reply #43 on: May 22, 2011, 07:06:08 PM »

That I am not quite sure about :nixweiss:
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FLHXSE2

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Re: Brand New Parked Krypto Totaled
« Reply #44 on: May 22, 2011, 08:02:38 PM »

And how do they set the selling price?  spyder
ould be
They will set the salvage price based on the ACV (actual cash value) payout. The ACV should be and I did say SHOULD as it depends on how the State where the loss occured laws are written. ACV on a one year or less old vehicle is what the actual buyer paid for the bike,extended warranty after the MOCO prorates the refund, including sales tax he and DMV fee's. Also accessories and modificatition prices should be included in the settlement. A deduction for for mileage may apply but that's just plain wrong in this case.

Now the good part the salvage price?????? And remember we don't know what company is paying, did she have enough underlying coverage to pay a $40,000 loss, or is it the bike owner Company that's gonna pay. Some companies have contracts with salvage yards and the salvage yards pays a flat percentage based on the year, damage. Others use and auction service like COPART to auction off the salvage to the highest bidder. And here's the strange one, some companies have their "special guy" that gets all the good bikes, usually for cheap, why, 'cuz he's greasing whoever is running the total loss unit at the Ins Co.

So as I speak fom some years of being a ALLSTATE adjuster / total loss handler, there are a lot of ways this Greenie could go.
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