How to Find Wrecked Motorcycles From Insurance Companies

1.

Determine what type of motorcycle or motorcycle part you're looking to purchase. Know the part's name rather than just the description. This will expedite the search process.

2.

Set a price limit. Because you are competing with other buyers who are seeking a bargain. It will also help to research what the new and used prices are for the item you're seeking to set a reasonable price limit.

3.

Research salvage yards and online auction websites to determine what locations are reputable.

4.

Call the junkyards, if you're going that route, to determine if the seller has the part you're looking for. This will save you time

5.

Find out if there are any fees associated with delivering the part and if that sets the price above your price limit.

6.

Online bidding can be challenging. Be sure to be strategic in your bidding process.

Tips and Warnings

  • If you're not planning on installing a part yourself, compare different labor rates from motorcycle shops to make sure you're getting the best deal.
  • The best time to search for wrecked parts and motorcycles is during the summer, the peak of motorcycle season.
  • Never give out personal information, such as your Social Security number or driver's license number.
  • Insurance companies sell wrecked motorcycles to either the brand manufacturer or to junkyards and salvage yards. The companies don't hold on to them to sell the bikes or parts themselves. The brand manufacturer might try to reuse the salvageable parts, while salvage yards will sell the motorcycle parts online or for walk-in customers. Some bikes may be sold as is to be rebuilt. Because these parts are cheap, buyers will be competing for the same great deals.