March 3rd, 2015, 08:54 PM | #1 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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sold the ninja and got a CBR instead
No... not a CBR250....
Since flipping my Ninja for an $1150 profit, I had some change laying around and found another sweet deal. I'm prolly not gonna keep this one long either... might try and make a few bucks on it. But it's nice and only has 3400 miles on it. I've read the 2007 and 2008s are the years to get for this bike and I like it, though position is very aggressive.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 3rd, 2015, 09:03 PM | #2 |
dirty boy
Name: Joe
Location: Johnstown, PA
Join Date: Sep 2012 Motorcycle(s): I don't even know anymore?? Posts: A lot.
MOTM - Apr '14
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congrats, was hoping you got a cbr300, just to get a review from a ninjetter out of curiosity but figured the odds were against it.
either way, nice looking bike
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March 3rd, 2015, 09:55 PM | #3 |
Inline 4!!!
Name: Danny
Location: MA
Join Date: May 2014 Motorcycle(s): 2008 CBR600rr, 1987 KLR 250 Posts: A lot.
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Nice bike bro! Definitely gonna be my next bike, only thing is it has to be red and black like dis...
Enjoy!
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March 4th, 2015, 12:12 AM | #4 |
ninjette.org guru
Name: Genesis
Location: Paradise Valley Village, AZ
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That's exactly how I want my future CBR to look like... RED/BLK.
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March 4th, 2015, 07:21 AM | #5 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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I agree with ya on the color choice. Red and black is a great Honda color.
I'm the same way with my Yamaha's. All 5 of the ones I've had have been blue. Not quite old enough to experience the red/white scheme or the yellow/black. Seems Yamaha's are blue, Honda's are red, Kawasaki's are green, Suzuki's are yellow (as least dirt bikes), and KTM's are orange.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 4th, 2015, 07:58 AM | #6 | |
Fighting Texas Aggie '05
Name: Neil
Location: Hutto, TX
Join Date: Feb 2009 Motorcycle(s): '07 ZX6R, '08 Versys, '09 250R Track, '93 F2/F3 Track Posts: A lot.
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Quote:
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March 4th, 2015, 08:03 AM | #7 |
Inline 4!!!
Name: Danny
Location: MA
Join Date: May 2014 Motorcycle(s): 2008 CBR600rr, 1987 KLR 250 Posts: A lot.
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Yeah, the 08 red/black theme + a hyperflo dual can exhaust with integrated tail light, flush mount blinkers, upgraded mirrors, gps mount, red underglow, red rims, shorty levers, heat shield delete, all silver (pegs, brackets) painted black, heated grips, and a seat cowl and the bike would be perfect... Probably gonna run me 10k when all is said and done, completely worth it though.
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March 4th, 2015, 08:17 AM | #8 |
Wrench wench
Name: The Stigette
Location: DC/MD/VA
Join Date: Jun 2014 Motorcycle(s): TWO HUNDRED FORTY EIGHT CUBIC CENTIMETERS (R.I.P.), SIX HUNDRED FORTY FIVE CUBIC CENTIMETERS Posts: 415
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Wow, I've never seen that scheme on it before, looks awesome. 07/08 has the best "wing" design on the fairings, imo. Very slick.
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March 4th, 2015, 08:19 AM | #9 |
ninjette.org certified postwhore
Name: Jay
Location: CT
Join Date: Apr 2011 Motorcycle(s): 2015 636 ABS - 69 Honda 305 Posts: A lot.
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White and black is always my go to and looks great on just about every bike. If they had the Ninja 1000 in that color for 2011 i would have bought it, but instead i have red/black.
My 250 is white black, and the ducati is white black too. |
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March 4th, 2015, 06:18 PM | #10 |
ninjette.org guru
Name: Vlad
Location: Weaverville, NC
Join Date: Jul 2014 Motorcycle(s): 2011 Ninja 250R (Sold), 2015 Rocky Mountain Soul (Runs on fat) Posts: 404
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I love the CBR 600s. Maybe some day...maybe. Now that I sold my Ninja, I miss riding.
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March 4th, 2015, 06:39 PM | #11 |
ninjette.org certified postwhore
Name: Jono
Location: Memphis, TN
Join Date: Sep 2011 Motorcycle(s): 2009 Triumph Street Triple, 2009 KLX250SF, 2003 Suzuki SV650S (Sold), 2006 Ninja 250 (Sold) Posts: A lot.
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She's a real beaut! Don't let this one go. (For a while at least)
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March 7th, 2015, 04:58 PM | #12 |
ran when parked
Name: Katie
Location: DC/MD
Join Date: Aug 2013 Motorcycle(s): Freeride 250R, KLX250SF, mopeds Posts: A lot.
MOTM - Sep '17, Dec '14
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I love the white and silver. very nice
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March 10th, 2015, 03:52 PM | #13 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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sold the CBR... got an R1 instead.
This is better.... two Yamaha's in the stable now. 2008 R1... last year of the 16 valve motor before the crossplane stuff. Definitely feels different than my 20 valve FZ1.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 10th, 2015, 05:00 PM | #14 |
ninjette.org certified postwhore
Name: Murphey
Location: Eastern Washington
Join Date: Apr 2011 Motorcycle(s): 2002 Honda 919, 2004 Ninja 500R NAKED Posts: A lot.
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Well that was a short love affair.
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March 10th, 2015, 05:38 PM | #15 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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it's all business with kawi, Honda and Suzuki.
It's only a love affair with Yamaha's.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 10th, 2015, 07:18 PM | #16 |
ninjette.org sage
Name: James
Location: Lakeland
Join Date: Aug 2014 Motorcycle(s): 2007 Ninjette Posts: 809
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Less than a week with the CBR.. Did you make money flipping it?
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March 10th, 2015, 07:19 PM | #17 |
Private Joker
Name: Ben
Location: Towson, MD
Join Date: Nov 2012 Motorcycle(s): '99/'01 Ninja 250 "sketchy", '13 Ninja 300 "yoshi", '03 GSXR 600 "merlin" Posts: A lot.
MOTM - Mar '14
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damn that was quick, did you not like the cbr?
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March 10th, 2015, 07:25 PM | #18 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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Nothing really. I just got it at a really great price and had every intention of flipping it. I did make a couple bucks on it which was the intention.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 10th, 2015, 07:27 PM | #19 |
Private Joker
Name: Ben
Location: Towson, MD
Join Date: Nov 2012 Motorcycle(s): '99/'01 Ninja 250 "sketchy", '13 Ninja 300 "yoshi", '03 GSXR 600 "merlin" Posts: A lot.
MOTM - Mar '14
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Ah, I gotcha. Shame though, that one was a beauty. At least you got an R1 out of it, those are some pretty sweet bikes as well.
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March 10th, 2015, 07:35 PM | #20 |
ninjette.org sage
Name: James
Location: Lakeland
Join Date: Aug 2014 Motorcycle(s): 2007 Ninjette Posts: 809
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Any tips on flipping bikes for profit?
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March 10th, 2015, 07:37 PM | #21 |
Private Joker
Name: Ben
Location: Towson, MD
Join Date: Nov 2012 Motorcycle(s): '99/'01 Ninja 250 "sketchy", '13 Ninja 300 "yoshi", '03 GSXR 600 "merlin" Posts: A lot.
MOTM - Mar '14
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be patient, buy cheap then sell at actual value.
also being a decent mechanic helps. You get the occasional "not running" bike that just needs a carb clean, a battery, and some tires.
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March 10th, 2015, 08:51 PM | #22 |
ninjette.org certified postwhore
Name: Jono
Location: Memphis, TN
Join Date: Sep 2011 Motorcycle(s): 2009 Triumph Street Triple, 2009 KLX250SF, 2003 Suzuki SV650S (Sold), 2006 Ninja 250 (Sold) Posts: A lot.
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Damn! That was very quick. Did you even ride the CBR? Haha
I can't see how it's possible to flip for a profit. Well, more like, why go through all the hassle. I guess the only way to actually make a profit is to not get the bike titled in your name. |
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March 10th, 2015, 09:37 PM | #23 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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Sure.... buy a bike cheaper than what ya sell for it.
Seriously though... be patient, find a guy that wants to sell his bike and doesn't know much about it. Buy in winter and sell in spring helps. Buy from small cities where turnover of bikes is slow so prices are cheaper and sell in large cities... might require some commuting. Don't be greedy.... sometimes you'll only make $300-500 on one. Profit is profit really. I rode the CBR about 30 miles. I strip them down, clean them and make sure they are in perfect mechanical condition. I'm certain that I have a clear conscious when I sell them knowing they are good machines.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 10th, 2015, 11:21 PM | #24 |
ninjette.org sage
Name: James
Location: Lakeland
Join Date: Aug 2014 Motorcycle(s): 2007 Ninjette Posts: 809
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Sound advice.. I've always wanted to do that sort of thing.. 1, it's an opportunity to truly experience other bikes without going broke, and 2, it's a potential way to make a little side money! Plus, wrenching and cleaning is always very rewarding
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March 11th, 2015, 05:49 AM | #25 | |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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Quote:
The extra money is just a bonus. If I charged myself labor, I'd prolly loose money as I strip the bike down. I take everything out short of the engine and subframe.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 11th, 2015, 09:32 PM | #26 | |
ninjette.org sage
Name: James
Location: Lakeland
Join Date: Aug 2014 Motorcycle(s): 2007 Ninjette Posts: 809
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Quote:
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"That's what" -she |
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March 12th, 2015, 04:14 AM | #27 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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Married with a 14 month old daughter, in the Air Force and maybe addicted to coffee. I just have a VERY understanding wife and I do most of my work after baby goes to bed. sometimes my daughter is out in the garage "helping out". I just gotta be sure to put all the hardware out of her reach. tools go missing but that's ok
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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March 12th, 2015, 08:14 AM | #28 |
ninjette.org sage
Name: James
Location: Lakeland
Join Date: Aug 2014 Motorcycle(s): 2007 Ninjette Posts: 809
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You're living the life, man. Truly inspiring!
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"That's what" -she |
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April 22nd, 2015, 06:42 PM | #29 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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Well... I'm back!!
The R1 is gone, yada yada, and now got a 2013 Ninja 300. Fun little bike, great condition and new DR2 tires on it. Came with HID's, integrated tail light and Yoshimura fender eliminator thing.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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April 22nd, 2015, 06:44 PM | #30 |
Private Joker
Name: Ben
Location: Towson, MD
Join Date: Nov 2012 Motorcycle(s): '99/'01 Ninja 250 "sketchy", '13 Ninja 300 "yoshi", '03 GSXR 600 "merlin" Posts: A lot.
MOTM - Mar '14
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So you sold the ninjette to get a cbr, which you sold to get an R1, which you sold to get a 300?
Welcome back
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April 22nd, 2015, 06:46 PM | #31 |
ninjette.org member
Name: James
Location: Dyess AFB (Abilene) TX
Join Date: Jan 2015 Motorcycle(s): 2007 Yamaha FZ1, 2006 Yamaha FJR1300A, 2014 Ninja 300 Posts: 116
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Almost... ninjette, cbr, r1, c50t, and now the 300. I had a brain dump with the cruiser but it was pristine. they don't sell well here in Harley country so didn't make money on that one.
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2006 Yamaha FJR1300 And, my 2007 Yamaha FZ1. My favorite bike ever. |
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April 22nd, 2015, 08:25 PM | #32 |
ninjette.org dude
Name: 1 guess :-)
Location: SF Bay Area
Join Date: Jun 2008 Motorcycle(s): '13 Ninja 300 (white, the fastest color!), '13 R1200RT, '14 CRF250L, '12 TT-R125LE Posts: Too much.
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Looks like it's time to update both your sig and your profile.
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April 22nd, 2015, 10:04 PM | #33 |
cadd cadd cadd
Name: Cadd
Location: 41°21'13.1"N, 74°41'37.4"W
Join Date: Jan 2014 Motorcycle(s): 300 Posts: A lot.
MOTM - May '15
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Can you walk me through this flipping process? When you purchase the bike, you have a bill of sale (optional in some states) and the title.
Do you bring the title to the DMV to put it in your name? If you do, do you have to pay taxes on the purchase? How about registration? Do you register the bike at the DMV? I'm just curious when Uncle Sam wants his tax $$$$. Is it when the bike gets registered? Or is it when the title changes hands?
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Riding it like I financed it. |
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April 23rd, 2015, 06:38 AM | #34 |
Rev Limiter
Name: Jay
Location: WI
Join Date: Jul 2013 Motorcycle(s): '06 SV650n, '00 Derbi GPR, '64 CA77 Dream 305, '70 CL450 Scrambler, numerous dirt bikes Posts: A lot.
MOTM - Jun '18, Oct '16
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You have to check the restrictions in your state. Most states have a max number of Title transfers per year before you need to be a Dealer.
At the DMV in WI you pay the tax on the amount listed as "purchase price" on the back of the Title, plus a fee (think it's $70) to have the Title transferred to your name plus the cost of license plates ($28/2yr) if you are not transferring plates from another cycle. In WI, if you have a Title that was signed and filled-out (as buyer) by someone other than yourself and you go to register it you will have to pay the previous taxes (and possibly the Title transfer fee) as well as the current taxes and fees to get a new Title in your name. A friend had that happen when he went to Title a cycle he purchased that hadn't had the Title transferred by the previous owner, but had his name on the Title as "buyer". |
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April 23rd, 2015, 06:38 AM | #35 | |
dirty boy
Name: Joe
Location: Johnstown, PA
Join Date: Sep 2012 Motorcycle(s): I don't even know anymore?? Posts: A lot.
MOTM - Apr '14
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Quote:
So you absolutely need to put the title in your name which involves paying taxes on the purchase...BUT you can typically get the seller to write up a bill of sale saying anything you want. The trick is to make it at least somewhat reasonable as to not raise suspicion. So you buy an R1 for lets say $5k, on bill of sale you write it up for $3k and save a little cash on the taxes. You could say you paid $500 for it, but that just screams fraud and you run the risk of getting a visit or call. For the record I have never done anything like this If you don't plan on riding the bike you don't have to get it registered, or tagged, and then no insurance so that would save some cash if you just plan on flipping it cuz you got a killer deal on it and have no interest in said vehicle. If you plan on riding it you will need to spend a little money on those things. The trick in flipping is finding a motivated seller, someone that needs to sell for one reason or another to get whatever it is at a price low enough that you know you can sell it for a decent % more and that's after parts and labor if need be. Finding the right buyer just like finding the right seller is important. It's about seeing the value of the item not so much your desire to own it. Look up craigslist bartering stories, there are some pretty cool ones. People start with some junk worth $100, trade for X, trade X for Y, trade Y for a beat up Jeep, trade the Jeep for a R6 Find some guy with a nice expensive cruiser that he bought on a whim that he hates, he likes sportbikes a lot better and wants one. Trade him your $5k R1 for his $8k cruiser, then sell cruiser for $8k = profit
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I love the smell of burning pre-mix in the morning I don't think I'm a lot dumber than you thought that I think that I thought I was once. Last futzed with by subxero; April 23rd, 2015 at 11:46 AM. |
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April 23rd, 2015, 10:49 AM | #36 |
cadd cadd cadd
Name: Cadd
Location: 41°21'13.1"N, 74°41'37.4"W
Join Date: Jan 2014 Motorcycle(s): 300 Posts: A lot.
MOTM - May '15
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Yeah, that tax thing is a killer. Only if the title can change hands without paying taxes....
I was hoping they'll only make you pay the taxes when you register the bike....not when you transfer the title.
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Riding it like I financed it. |
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