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Thread: Help with turning my 07 R6 into TRACK only bike

  1. #21
    reciprocity's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Any financed vehicle must be insured.

    The lienholder(bank etc) wants their property protected from theft.

    by law, the insurance company must contact the lien holder if insurance coverage is interrupted.

  2. #22

    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by DRZSMDUDE View Post
    R6 track only

    http://toronto.kijiji.ca/c-cars-vehi...AdIdZ199609666

    Looks nice but I have no clue really about track bikes. I have been looking for about 1 month and have seen some great deals if your willing to travel!

    D
    wow.. that is the ugliest colour theme I've seen.

    Isn't it human nature to be perceive a combination of blue and green as 'unattractive'?

  3. #23
    Dealer/Vendor kneedragger88's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Ever think about a trade? I have an 06 Ducati SS1000DS with some spares track ready. You could transfer the lein and carry on. Banks dont give a crap what bike they lein as long as their money is covered.
    http://www.gtamotorcycle.com/vbforum...d.php?t=109781
    Never a cheap proposition to build a racebike. Buying is always cheaper.
    I could sell your R6 and buy a TLR or 51 racebike which is what I am after.

  4. #24
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by kneedragger88 View Post
    Ever think about a trade? I have an 06 Ducati SS1000DS with some spares track ready. You could transfer the lein and carry on. Banks dont give a crap what bike they lein as long as their money is covered.
    http://www.gtamotorcycle.com/vbforum...d.php?t=109781
    Never a cheap proposition to build a racebike. Buying is always cheaper.
    I could sell your R6 and buy a TLR or 51 racebike which is what I am after.
    I called an they said they wont allow to transfer over the payments or what not. But if there's a way around it let me know asap. Its yours if u can pull it off. The finance company is with HSBC financial. I purchased it at Kellys Cycle Center in Hamilton on Wentworth and Mohawk. I owe $9600 on the principle. Monthly payments are $233.
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

  5. #25
    DRZSMDUDE's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by moosio View Post
    wow.. that is the ugliest colour theme I've seen.

    Isn't it human nature to be perceive a combination of blue and green as 'unattractive'?
    yes it is, Blue and Green must never be seen lol!

    D
    2005 ZX6R-current-fast

  6. #26
    DRZSMDUDE's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by HBHarrison View Post
    I called an they said they wont allow to transfer over the payments or what not. But if there's a way around it let me know asap. Its yours if u can pull it off. The finance company is with HSBC financial. I purchased it at Kellys Cycle Center in Hamilton on Wentworth and Mohawk. I owe $9600 on the principle. Monthly payments are $233.
    Its too bad you owe so much on it...nice looking bike but the price hurts too look at. Maybe take off some goodies as others have mentioned get it to the 7k mark...

    D
    2005 ZX6R-current-fast

  7. #27
    georgy's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    LOL
    you were planning to keep paying that bike off for another 40 months?
    RACE #36
    2011 CRF450R SM

  8. #28
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by georgy View Post
    LOL
    you were planning to keep paying that bike off for another 40 months?
    im retarded ... yes. im make bad decisions
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

  9. #29
    georgy's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Yea, you are ****ed. Gonna have to keep paying insurance for your "track bike".

    As far as the conversion, just buy some track bodywork and be done with it for now.

    What "help" exactly do you need?
    RACE #36
    2011 CRF450R SM

  10. #30
    DRZSMDUDE's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by HBHarrison View Post
    im retarded ... yes. im make bad decisions
    We all do, but if you wanna make 1 more sell it to me for 6700

    D
    2005 ZX6R-current-fast

  11. #31

    Re: Help with turning my 07 R6 into TRACK only bike

    dude.. i have the same bike as you, I'm up for a trade if you're able to give me a cash incentive to pay off your debt.

    You can then have my bike, without liens and strip it for the track.

    I'm also cool with swapping parts, I see you've done some mods to yours, mine is stock.

  12. #32
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by moosio View Post
    dude.. i have the same bike as you, I'm up for a trade if you're able to give me a cash incentive to pay off your debt.

    You can then have my bike, without liens and strip it for the track.

    I'm also cool with swapping parts, I see you've done some mods to yours, mine is stock.
    I need 9000 to pay off the lien bro. Trading up isn't going to solve anything. I still owe $9000 weather i have your bike or my bike
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

  13. #33
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by georgy View Post
    Yea, you are ****ed. Gonna have to keep paying insurance for your "track bike".

    As far as the conversion, just buy some track bodywork and be done with it for now.

    What "help" exactly do you need?
    Well, since im in a Finance POS deal that i screwed myself on i dont know what help i need. I need insurance because legally the bikes not mine and HSBC wants it insured at all times or some B.S. thing. And if i want to sell it i gotta pay it out first. And i don't have $9600 ... let alone $500. If i cancel m insurance, HSBC can and will find out, and come repo my bike an then i default with an R9 against my credit. Brutal. So... wtf ... im S.O.L. with everything. The insurance company said they can take liability off it IF IM NOT GOING TO RIDE IT....AT ALL.

    What are y options? Keep paying insurance, keep making payments (but instead of putting the minimum put more every month) and turn it into a track bike. Sell some OEM parts an use that to pay off some of the principle on the debt. Insurance= $125+$233+$200 extra a month to principle..thats over $550 a month not including the track days or parts. But what else can i do?

    Quote Originally Posted by DRZSMDUDE View Post
    We all do, but if you wanna make 1 more sell it to me for 6700

    D
    I CANNOT sell u anything until the LIEN is payed off IN FULL!! which is $9600 at this time. I dont have ANY extra money laying around. Im a tard and have no savings, no extra cash flow
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

  14. #34
    ScoTTY88's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by HBHarrison View Post
    snip
    Its simple really. Sell bike for $XXXX dollars, pay off loan of said bike for $9600 and clean the lien. Then get rid of insurance and clean things up with HSBC. Then you have no bike, no insurance payments, no debt and no cash money $$$$ Your broke without a bike!

    Thank me later!

    This is why you don't buy things you cant afford financially...

  15. #35
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by ScoTTY88 View Post
    Its simple really. Sell bike for $XXXX dollars, pay off loan of said bike for $9600 and clean the lien. Then get rid of insurance and clean things up with HSBC. Then you have no bike, no insurance payments, no debt and no cash money $$$$ Your broke without a bike!

    Thank me later!

    This is why you don't buy things you cant afford financially...
    ???huh?

    Sell bike for say $7500... that leaves me with still $2600 to pay off. I don't have any money to pay that. So how do i pay it off? I thought i needed to BUY IT OUT to sell it? You telling me i can sell it for $xxxx of dollars an still sell it even thou i still owe $xxxx of dollars on it? Isn't that illegal? or something
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

  16. #36
    ScoTTY88's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by HBHarrison View Post
    ???huh?

    Sell bike for say $7500... that leaves me with still $2600 to pay off. I don't have any money to pay that. So how do i pay it off? I thought i needed to BUY IT OUT to sell it? You telling me i can sell it for $xxxx of dollars an still sell it even thou i still owe $xxxx of dollars on it? Isn't that illegal? or something

    Sorry, sell it for $9601 and then pay everything off and use the $1 to go buy your self a ice cream cone.

    ONE thing you could do in your situation is go to a bank, get a LOC of $10,000 pay off your bike to the creditors (HSBC) cancel your insurance because you are no longer riding it and using it, then sell the bike and pay back your LOC as soon as you can. Then you have no bike, no insurance, no liens but you owe a bank $10,000 and have no motorcycle.

    I think your best bet here is to screw the track buddy and keep paying and riding your bike on the street....
    Last edited by ScoTTY88; 04-23-2010 at 05:15 PM.

  17. #37
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by ScoTTY88 View Post
    Sorry, sell it for $9601 and then pay everything off and use the $1 to go buy your self a ice cream cone.

    ONE thing you could do in your situation is go to a bank, get a LOC of $10,000 pay off your bike to the creditors (HSBC) cancel your insurance because you are no longer riding it and using it, then sell the bike and pay back your LOC as soon as you can. Then you have no bike, no insurance, no liens but you owe a bank $10,000 and have no motorcycle.

    I think your best bet here is to screw the track buddy and keep paying and riding your bike on the street....
    I don't wanna ride street anymore. Its ...how can i say this...boring... and gets me into trouble. Im already going to court for careless driving on Wednesday. I cant get a line of credit... i could try but... im almost %100 sure it will be denied...again. I have over $18,000 in CC debt an others.
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

  18. #38
    SLaP's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by HBHarrison View Post
    What are y options?
    ...
    But what else can i do?
    Rent?
    https://turn2.ca/ti/t2/content/rentals.html?id=FcU4Khcn

  19. #39
    Zed-X-Rex's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Apply for a 10000 loan. LOC's are harder to get. Tell the bank its to pay off your lein so you can sell the bike. They will pay the lein off for you. Problem solved. Trust me I had the same problem. Its ugly.. No ones gonna buy a leined bike. Get rid of it. Try National Bank.

  20. #40
    HBHarrison's Avatar
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    Re: Help with turning my 07 R6 into TRACK only bike

    Quote Originally Posted by Zed-X-Rex View Post
    Apply for a 10000 loan. LOC's are harder to get. Tell the bank its to pay off your lein so you can sell the bike. They will pay the lein off for you. Problem solved. Trust me I had the same problem. Its ugly.. No ones gonna buy a leined bike. Get rid of it. Try National Bank.

    Wheres that?
    2007 R6
    Mods

    MJSperformance header, BMC street filter, PCIII, Custom Dyno tuned map(108hp), GYTR slip on, 520 conversion (-1 +2 Vortex Sprockets, RK Gold Chain) Ohlins Steering Damper, Puig black racing screen, DDM Tuning HID kit 6000k, frame sliders, Clear Stomp grip, GYTR seat cowl, gold Pazzo racing levers, gold bar ends, Yamaha Graves replica decal kit, Pivot FX license bracket, Fender eliminator, Integrated tail lights, Flush mounts, Silver mirror block off plates, Gold rim tape

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