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jimmybee74

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Posts posted by jimmybee74

  1. An interesting thing as the out come of this is happening, I accepted the money from them to fix the bike, 210'000thb which they are giving me to pay the repairer, BUT in me accepting this, they automatically cancel my insurance and I get no refund on the 11 mths that were still on it. Seem legit?

  2. Some confusion in the amounts I think.

    Receive 210,000 and keep the bike.

    Receive 300,000 and don't keep the bike.

    Your right on the money no pun intended.

    Update today after talking further with the insurance company and Ducati in BKK.

    If I go and visit the insurance companies head office in BKK, with relevant paperwork they will draw a cheque for me for 210'000k (GREAT)

    Ducati shop has brought the price right down, after looking over the bike with me, and repairing various items they were replacing and bringing the price down to within the 210'000 needed (WIN)

    Now the nest million dollar question I need an answer to is once the insurance company pays me out, considering my insurance policy was only 1 mth old, will I still have the remainder of the 11 mths available on the policy or will they trash it on me, meaning I will need to get again new.

  3. Aww .. Is it legally possible to recover the 60K ?

    The thing is .. After accepting the offer from the insurance and repairing yourself, you could be left with a bike that's not worth all the extra + time spent on it .. It could be a bit tricky when you come to sell it and buy something new in a year or two.

    I would take the money and go find another bike, lot less stress in the long run.

    What a shit situation. What do Ducati want to replace - front wheel ?

    Front wheel alone is 70'000thb

  4. I bought it 2nd hand for 359'000 only 2 mths ago. I did have 1st class insurance but my 'failure' was not noting that they were only insuring it for 300'000

    The repair bill is high because they are repairing with NEW Genuine parts!!

    In terms of damage, put a new radiator in it and it's ride-able.

    No point in chasing the person who cut me off because of course they have no insurance, and actually had no licence either, they paid the police a 400thb fine for that, but they have got off scott free.

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    13335900_10154460338733268_8653290787974

    13307502_10154460338818268_4441768300720

  5. Ok long story short, I had an off on the Hyper, thanks to being cut off in traffic. Now the insurance company is screwing me over and I have a decision to make and I would like some opinions.

    Repair quote from Ducati to fix under insurance = 389'000thb

    Ducati Hyperstrada worth 359'000TB

    Insurance payout as 'writeoff' 300'000THB

    Repair payout 70% of 300'000thb = 210'000TB - Means I would be left with 179'000tb shortfall

    So basically I can allow them to write the bike off and get 300'000 payout, which is below what I paid for the bike 2 mths ago

    OR

    I can accept 210'000thb and organise someone to fix. My thought is that given I have the mechanical ability, what say I take that money, and repair the bike myself with 2nd hand parts sourced myself?

  6. Got onto Ducati and all is ok. The milage is correct and not tampered with. The lock was changed by Ducati at 13'000km due to an issue with it.

    Its a shame I was so skeptical given the dealer had messed with the Kawasaki I traded in. TIT

  7. this comes as a surprise to the OP ?

    Thought this kinda stuff was common knowledge.

    As for the Duc, I thought the odo numbers were stored on the ECU and not the display, did they swap the ECU as well perhaps ?

    From what I have read its stored on a chip in the dash cluster. But the dash cluster along cannot be changed, they also need to change the key locks. All of which would be worth doing if they can sell the bike with lower KM and make an extra 50'000thb

    Considering the thief did it with my Kawasaki and also ripped off some poor bastard for about 40'00thb why is this an unreasonable proposition.

    Just a shame its after the purchase, though it does make me want to tell the new buyer of the KAwasaki that he has been duped, so then there is two of us after him!!

  8. After further investigation on the Ducati, I looked at the key lock assembly.

    When I bought it, it only had (1) key (sus in itself)

    I googled Ducati lock assembly, and from factory the two bolts that hold the ignition in have a tamper proof head on them! See attached.

    Now on mine, those tamper proof bolts are not there, instead they are normal allen key bolts, and furthmore the two bolts are not even the same.

    My thoughts are that he has replaced the dash and ignition as they are paired, with one with lower milage on my Ducati.

    Why would he do that? He now has a lower mileage bike with a higher mileage dash (yours) to sell.

    No he probably bought a 2nd hand low mileage dash and key set on ebay for cheap and swapped over.

  9. After further investigation on the Ducati, I looked at the key lock assembly.

    When I bought it, it only had (1) key (sus in itself)

    I googled Ducati lock assembly, and from factory the two bolts that hold the ignition in have a tamper proof head on them! See attached.

    post-249049-0-42237300-1463043935_thumb.

    Now on mine, those tamper proof bolts are not there, instead they are normal allen key bolts, and furthmore the two bolts are not even the same.

    My thoughts are that he has replaced the dash and ignition as they are paired, with one with lower milage on my Ducati.

  10. I recently purchased a Ducati from a shop in Bangkok. I traded my Kawasaki in with the deal and I added additional funds to make up the cost of the Ducati.

    Some days later, I saw the Kawasaki advertised on his Facebook page, BUT the KM advertised were 20'000km less than I knew were on the bike when I handed it over to him.

    He has wound back the digital clock on the Kawasaki, and now some poor person has bought it with false information.

    It also makes me concerned with the Ducati I purchased from him that he has done the same thing.

  11. I obviously wish to open a company here in Thailand because I wish to continue to live here and make money to allow this to happen.

    Where I currently live, there is no motorcycle rental available, and a strong need to it. Now I'm not going to make millions doing this but its a project that would tick along ok.

    I figure even if I only own 49%, registering the bikes in my personal name would keep the assets to me, not the company, so I protect myself there, but the prospect of having 2 Thais owning 51% of my company is a little unnerving.

  12. I have had a process outlined to me and wish to verify its potential.

    It's been suggested to me that I follow these steps.

    1. Get 3 Thai national to open company

    2. Employee me as the General Manager

    3. Obtain work permit

    4. Transfer my role from General Manager to Managing Director (thus giving me full control on the company)

    Is this a viable option? Has anyone done this?

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