Thread: 1992 xr250r
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Old 05-30-2021, 05:23 PM   #31
herbie   herbie is offline
 
Join Date: May 2019
Location: Illinois
Posts: 864
Quote:
Originally Posted by Merlin View Post
Looks like a new bike. What was the final cost?
Thanks Merlin! I still have some gas tank stickers and a tool bag coming but the total is right at $1500 if you subtract the extra frame I bought then it would be $1350. I ended up buying a lot of new things, steering stem bearings, grips, levers, front and rear brake pads etc etc. The one cost I wasn't expecting was, once I tore the whole bike down to the bare frame I thought since I'm this far I think I will look on Ebay for a used frame with a title since mine came with a bill of sale only. I found one for $150 with a title and free shipping so I jumped on it. I may want to put the bike on the road at some point and this was the easiest way to do it.
I did try to go to my local DMV first to get a title with my bill of sale and this is what they said. Since it wasn't purchased in our state then it will have to be bonded. To bond it once I finished the bike I had to take it to the DMV and have it inspected and whatever they value it at ($1800-$2000) probably. I would have to send One and a half times that value to the state and they will send me a title. So about $3000 and I would get a title They are absolutely nuts if they think I would pay that!! Anyway this makes the most sense even though I may never put it on the road, and it will increase the value of the bike when it comes with a clear title.
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