Author Topic: CB750: Old dilema... now serious intent  (Read 2151 times)

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Offline cb(r)

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CB750: Old dilema... now serious intent
« on: April 21, 2008, 07:27:45 AM »
  I bought a titled '73 cb750 last fall.  It was running last summer. The guy had a shop tune and synch the carbs.  Then the guy noticed an oil leak from the cylinder and started to fix it.  Before taking any major stuff apart he decided to sell it to me instead and buy a harley.

I do not have the time to fix this bike. I also can not get myself to pay someone to do it for me. (Damn cheap pride)

O.k. finally here is my dilema.

Do I now part it out?  or sell it whole?

I have one minor problem  I promised the guy I bought the bike from that if I sell it I have to put the title in my name first (I have not done this yet)  so I will have to do that because a promise is a promise and I work with him.

If I part it out what would be the major part and $$ amounts to charge?  Anyone looking for a fixxer upper?  Any advice? ??? ??? ???

thanks in advance



 

Offline kghost

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Re: CB750: Old dilema... now serious intent
« Reply #1 on: April 21, 2008, 07:30:24 AM »
FIX IT.

Stranger in a strange land

Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #2 on: April 21, 2008, 07:46:53 AM »
FIX IT.



I wish I had the time.  honestly.  I am working full time going back to school almost full time and trying to remodel a house... just not enough time in the day.

Offline DJ_AX

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Re: CB750: Old dilema... now serious intent
« Reply #3 on: April 21, 2008, 07:57:47 AM »
I feel ya...
I'm working full time ..
starting a new company/business...
and going to school (only part time though)
...and got kids and a wife (that should be at the top of this list : )
... and low mc budget ...

I've had my 750 for 2.5 years now ...
in the first year the cash saved in gas paid for the bike, the insurance, and the parts to get it road worthy.

I'm on my third round of fixes .. ('bout $200 to $300 per round (every springtime)
Getting deeper every time into it...

During these "rounds of fixes" I've pulled quite a few all nighters to get 'em done.
(Lot's of coffee!)
I know they'll pay for themselves ... even more so as the cost of gas continues to go up!

And with all of that... the MEGA-BONUS is... I ride  8) in style  8)


.... oh sh!t ... gotta finish my homework and get to class.

PEACE



« Last Edit: April 21, 2008, 08:00:59 AM by DJ_AX »
~ Vincent . . . '75 CB750 K5 . . . '97 BMW r1100rt . . . had; '75 CB550 K1 (sold) . . .  '73 CB350G (gifted) HELL YEAH!
Disclaimer: I could be wrong. :)

Offline .RJ

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Re: CB750: Old dilema... now serious intent
« Reply #4 on: April 21, 2008, 08:01:50 AM »
Anyone looking for a fixxer upper?

Location?  I'm always on the look out...  I 'need' a cheap cb550 or 750 to ride daily :)

Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #5 on: April 21, 2008, 08:32:02 AM »
I feel ya...
I'm working full time ..
starting a new company/business...
and going to school (only part time though)
...and got kids and a wife (that should be at the top of this list : )
... and low mc budget ...

I've had my 750 for 2.5 years now ...
in the first year the cash saved in gas paid for the bike, the insurance, and the parts to get it road worthy.

I'm on my third round of fixes .. ('bout $200 to $300 per round (every springtime)
Getting deeper every time into it...

During these "rounds of fixes" I've pulled quite a few all nighters to get 'em done.
(Lot's of coffee!)
I know they'll pay for themselves ... even more so as the cost of gas continues to go up!

And with all of that... the MEGA-BONUS is... I ride  8) in style  8)


.... oh sh!t ... gotta finish my homework and get to class.

PEACE







Ya I guess it comes down to the fact I am really not into working on the 750's so much. I like the way they look and ride when they are finished though but I am just not motivated about it.

 

Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #6 on: April 21, 2008, 08:34:15 AM »
Anyone looking for a fixxer upper?

Location?  I'm always on the look out...  I 'need' a cheap cb550 or 750 to ride daily :)

I am in south bend, Indiana.  I am not sure what it would take to get this back to streetable?  I do also have a ton of 550 parts that I will be getting rid of soon.  Feel free to send a PM  if you are interested in any of this stuff.

Offline Joel

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Re: CB750: Old dilema... now serious intent
« Reply #7 on: April 21, 2008, 08:44:04 AM »
I'd suggest selling it whole.  It's a shame to break up a decent bike.  Do you have photos of it you can post?  I'm in Indiana and have been looking for a CB.

Offline .RJ

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Re: CB750: Old dilema... now serious intent
« Reply #8 on: April 21, 2008, 08:48:43 AM »
I'm right outside of DC - a little too far for me to go :)  Good luck!

Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #9 on: April 21, 2008, 10:46:02 AM »
I'd suggest selling it whole.  It's a shame to break up a decent bike.  Do you have photos of it you can post?  I'm in Indiana and have been looking for a CB.

no pics yet but I will get some this week.  I just moved it to the garage so I could take pics.


Offline TwoTired

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Re: CB750: Old dilema... now serious intent
« Reply #10 on: April 21, 2008, 10:52:45 AM »
If you don't have time to fix it, then you don't have time to part it out, either.

Transfer title.
Sell it whole.
Lick wounds.

Cheers,
Lloyd... (SOHC4 #11 Original Mail List)
72 500, 74 550, 75 550K, 75 550F, 76 550F, 77 550F X2, 78 550K, 77 750F X2, 78 750F, 79CX500, 85 700SC, GL1100

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Offline tom8Toe

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Re: CB750: Old dilema... now serious intent
« Reply #11 on: April 21, 2008, 11:03:11 AM »

Do I now part it out?  or sell it whole?


Transfer title and sell it. Joel's been needing a bike for a while. Let's get the brotha' a bike.
-Chris-

"A model built for comfort, really built with style Specialist tradition, mama, let me feast my eyes" - Led Zeppelin

Current:
2014 Triumph Scrambler

Past Rides:
'89 Kawasaki EX500 (Crashed)
'72 BSA A75 Rocket3 (Sold)
'65 Honda CB450 Black Bomber (Stolen, never recovered)
'89 Honda GB500 (Sold)
'75 Honda CB400F (Sold)
'08 Triumph Bonneville T-100 (Sold)
'14 Triumph Scrambler

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Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #12 on: April 21, 2008, 11:04:47 AM »
If you don't have time to fix it, then you don't have time to part it out, either.

Transfer title.
Sell it whole.
Lick wounds.

Cheers,

Thanks man.  You just put things into perspective.  selling is the way to go.

Offline Raul CB750K1

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Re: CB750: Old dilema... now serious intent
« Reply #13 on: April 21, 2008, 11:59:07 AM »
If you part it out, you are already halfway through the restoration. Shipping takes time and gas to the PO; you can use that time and gas to the Honda dealer for new parts, restore it, and once it's finished either keep it or sell it for much more than you would get.

The only other option you have is to sell it "as is".

Regarding your promise, if they are not etched in stone they can always be reversed. Talk to the one you made the promise, explain the situation, and ask him if it's OK for him if you do something different in light of the new situation, and then, do whatever he says. Unless you already lied to him saying you alredy transferred the title....

Offline Joel

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Re: CB750: Old dilema... now serious intent
« Reply #14 on: April 21, 2008, 02:48:11 PM »
Is there a certain reason he asked that the title be transferred to your name before you sell it?

Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #15 on: April 22, 2008, 05:57:38 AM »
the title transfer promise

we made an agreement. He just wanted no more part in the bike. 
besides with me a deal is a deal.  when you shake hands it is done and you must carry thru with it.  If you dont like what I have to offer dont buy it.  No harm it is just business.  I dont dick around when buying or selling things.  I give all information out when I sell something because I expect that from others.  I have been hosed in the past and know how it feels.  So when I get the title switch and pictures I will be putting this future bad daddy up for sale.

later

Offline Raul CB750K1

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Re: CB750: Old dilema... now serious intent
« Reply #16 on: April 22, 2008, 07:13:08 AM »
the title transfer promise

we made an agreement. He just wanted no more part in the bike. 
besides with me a deal is a deal.  when you shake hands it is done and you must carry thru with it.  If you dont like what I have to offer dont buy it.  No harm it is just business.  I dont dick around when buying or selling things.  I give all information out when I sell something because I expect that from others.  I have been hosed in the past and know how it feels.  So when I get the title switch and pictures I will be putting this future bad daddy up for sale.

later

I don't get it. Of course a deal is a deal. Was the title transfer specified to be made in a given amount of time? If not, you are still true to your word. You are not retreating to do what you said you would do. You must be ready to make your word good, but there is nothing wrong in asking beforehand.

Say that I talk over the phone with somebody who is going to buy my bike. We agree on the price, the deal is done, and he is coming to pay and pick it up. Meanwhile, my wife tells me that she didn't mean it when she told me to get rid of the bike. Now she has changed her mind. But the guy is coming and the deal is done.....

You can either tell him to go back from where he came, or explain what the situation is. Who knows, maybe in the way to your place he was having second thoughts about whether it was the right time to buy a bike and he didn't want to retreat because "he gave you his word". Maybe the bike is not the colour he always wanted and he can always find another one in a short time at the same price. So I see three possible outcomes:

1. You refuse to complete the deal, failing to your word - Bad
2. You explain the situation and both of you agree to undo the deal - Good
3. You explain the situation but the other party insist in finishing the deal - Bad for you, but you stay true to your word. He can never have bad feelings about you. On the contrary, you are proving you are true to your word even when it's not what you want to do.


Communication is key for both making and breaking deals. A broken deal by both parties is nothing more than a deal made to break a previous deal. Circumstances change so quickly that it's stupid to stick to a deal because of your "word", when the deal must be harming both parties. Otherwise, nobody would divorce if they must stay true to their wovs of "eternal love"..... ;D That is, there is nothing wrong with leaving your wife -regardless of your wovs- when you don't love her anymore, but it is bad retreating from a deal about buying a bike or making a title transfer...  ;D


Stop thinking and start wrenching, or your friend will just realize how little self-commitment you have....  ;D

Offline Raul CB750K1

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Re: CB750: Old dilema... now serious intent
« Reply #17 on: April 22, 2008, 07:16:15 AM »
I mean, the deal of transferring the title to your name was not because your friend wanted specifically that the bike would be registered to your name, but because he wanted the bike NOT registered to his name. That is, for him it is the same that the bike is registered to you or anybody else. I don't see any reason why, if you tell him you didn't register but you will make sure it will get registered to the buyer, he should be concerned.

Offline cb(r)

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Re: CB750: Old dilema... now serious intent
« Reply #18 on: April 22, 2008, 10:18:29 AM »
no worries raul all is cool.

I just have to do it so I am comfortable that I did what I said I would do.  This is my ethical rationality.  I dont expect people to understand it.  It is just how I tick. ??? ::) :)

later


Offline Joel

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Re: CB750: Old dilema... now serious intent
« Reply #19 on: April 22, 2008, 02:21:42 PM »
no worries raul all is cool.

I just have to do it so I am comfortable that I did what I said I would do.  This is my ethical rationality.  I dont expect people to understand it.  It is just how I tick. ??? ::) :)

later



Nothin' wrong with that.

Offline Gordon

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Re: CB750: Old dilema... now serious intent
« Reply #20 on: April 22, 2008, 06:47:00 PM »
I mean, the deal of transferring the title to your name was not because your friend wanted specifically that the bike would be registered to your name, but because he wanted the bike NOT registered to his name. That is, for him it is the same that the bike is registered to you or anybody else. I don't see any reason why, if you tell him you didn't register but you will make sure it will get registered to the buyer, he should be concerned.

The only way to guarantee that the bike will be transferred out of the previous owner's name is to do it himself.  If he sells it to someone else before doing so, there's no way to ensure that it will ever actually happen.  He's a stand-up guy for following through with the deal without trying to get out of it.  Something that is unfortunately rare these days.   

Offline GammaFlat

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Re: CB750: Old dilema... now serious intent
« Reply #21 on: April 22, 2008, 08:04:53 PM »
Sounds to me like no matter which way you go, you need the title in your name.  Just make it happen man.  At my BMV (in Indiana), you can pay for the "speedy" re-titling or standard.  Even the "slower" version takes 6-10 days.  Make it so!

Raul,

I love your posts ;)

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Re: CB750: Old dilema... now serious intent
« Reply #22 on: May 28, 2008, 03:28:39 PM »
Anyone looking for a fixxer upper?

Location?  I'm always on the look out...  I 'need' a cheap cb550 or 750 to ride daily :)

I am in south bend, Indiana.  I am not sure what it would take to get this back to streetable?  I do also have a ton of 550 parts that I will be getting rid of soon.  Feel free to send a PM  if you are interested in any of this stuff.
[/quote



do you have any good exhaust for the 550's /i am about 100 miles south of you.  thanks

Offline lordmoonpie

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Re: CB750: Old dilema... now serious intent
« Reply #23 on: May 29, 2008, 03:46:41 PM »
Sell it.....$3.50 anyone?? :D
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