How much can I scrap a 2010 Kawasaki Ninja 250R for?

[ThatsABigOne]

My word. Good thing that you are on your way to healthy being.
I hope for the best of your recovery.

With your bike... Try to take the engine out and sell it, as it is worth in upwards of 1k or even more..

 

[fuzzybabybunny]

I'm beside myself. I'm officially broke. Bankrupt. Medical bills. I'm officially going to be underwater even with the insurance.

I don't fucking believe this. I feel like all my work is gone to hospitals that bill at $1K/hr.

A bit off topic, but last week I wanted to get an STD test. I went to Planned Parenthood at 8AM, realized that they didn't take my insurance, and instead of lying that I didn't have insurance or that I didn't make any income, I chose to go to a place that took my insurance. Called my insurance company and they said preventative measures are fully covered, like STD testing, so I got tested at a local in network hospital. Guess what? They paid the $50 doctor's visit. NOT the $950 "lab fees."

After these hospital bills, I'll be officially broke. I have no more money. For anything.

 

[soccerballtux]

I'm beside myself. I'm officially broke. Bankrupt. Medical bills. I'm officially going to be underwater even with the insurance.

I don't fucking believe this. I feel like all my work is gone to hospitals that bill at $1K/hr.

Might be a good thread topic? There are laws that prevent them from calling you like a normal creditor might. There are also laws that require them to let you pay whatever you can. You shouldn't pay the $5000 up front, I don't think you are required to, so that it doesn't BK you. I was told that basically, as long as you are making payments towards it, even if it's only like $50 a month, they can't touch you.
This only counts with hospital debt, obviously. I'm not clear on the details, perhaps others would know.

 

[ponyo]

Wow. It sounds like you're lucky to be alive. Glad you seem to be ok. Don't worry about the small stuff like the bike or not being able to pay the hospital bill right now. You can work with them later and negotiate to something more reasonable and fair. Focus on getting well.

I wish you speedy and full recovery.

 

[fuzzybabybunny]

Wow. It sounds like you're lucky to be alive. Glad you seem to be ok. Don't worry about the small stuff like the bike or not being able to pay the hospital bill right now. You can work with them later and negotiate to something more reasonable and fair. Focus on getting well.

I wish you speedy and full recovery.

Thanks. I just... can't get over the cost of healthcare. I know the wounds will heal and I hope I don't get any brain damage from the concussion, but my blood's literally drained from my face and I feel short of breath after my phone call with Blue Shield.

 

[grrl]

That's what happens when you don't go for turbo busa.

yeah I was thinking about that....I was definitely one of those who recommended something larger...

edit: glad you're OK, glad it wasn't your fault now I don't feel bad for having recommended the bigger bike!!!!

The same old arguments over and over. It doesn't sound like a bigger bike would have helped in this case, and being a new rider, it's quite likely he would have crashed a bigger bike some other way.


I'm glad you're okay FBB, and sorry to hear about your financial troubles.

 

[jlee]

Damn, dude...that sucks. Glad you're ok, though; you'll be able to recover otherwise in time!

 

[zoiks]

Hospitals can be crazy expensive. I had an appendectomy at the same Stanford Hospital where I checked in at 8pm, had the procedure done at 9pm and after the operation, stayed there in observation til 7am the next day. They billed 47k to my insurance who ended up paying 5k back to them. I owed Stanford close to 1500 in the end.

 

[zoiks]

You'll be fine in the end. Don't declare bankruptcy. Just remember that it all works out. Make arrangements for a payment plan. Get yourself well and up and running. You'll be better in no time and will look back at this as a life experience.

 

[fuzzybabybunny]

Hospitals can be crazy expensive. I had an appendectomy at the same Stanford Hospital where I checked in at 8pm, had the procedure done at 9pm and after the operation, stayed there in observation til 7am the next day. They billed 47k to my insurance who ended up paying 5k back to them. I owed Stanford close to 1500 in the end.

One of the worst fucking things wrong with this country.

 

[ponyo]

Thanks. I just... can't get over the cost of healthcare. I know the wounds will heal and I hope I don't get any brain damage from the concussion, but my blood's literally drained from my face and I feel short of breath after my phone call with Blue Shield.

Yeah the system in this country is definitely broken. I think the leading cause of bankruptcy in this country is medical related. That said, don't sweat what looks to be large scary bills atm. Most of that is pure trash and made up figures. You should be able to negotiate to more reasonable figure later. If not, screw em and not pay. What are they going to do? Sue you and ruin your credit at worst? Credit can be a pain but time will heal and wipe away anything negative on your credit. They could sue you and try to get a judgement but you're what the industry calls judgement proof. It means even if the bill collectors and creditors get a judgement against you, they'll never be able to collect. Why? Because you're self-employed. They can't garnish your wages because you don't get paid weekly or monthly paycheck from an employer. They can't garnish your tax return because you pay every quarter/year to the IRS and never receive money back from the Treasury. They could target your bank accounts but keep very little in your personal and use your business account and they can't touch it. You have very little assets and rent. They're screwed. You're the one with the power and have the upperhand.

Focus on getting well. Deal with the hospital bills later. Don't worry about it right now. It'll only depress you and hurt your recovery.

 

[Bignate603]

First things first, thank goodness you were wearing your gear. Otherwise this story could have ended much worse. I'm glad you're doing ok.

Second, get your bike back ASAP. Even if you have to put it on a credit card. You can put it up on craigslist and sell it pretty quickly. With the motor and back end in one piece somebody will buy it far more than you owe the tow company. You can get more money if you part it out over time (check on ebay/craigslist to figure out what is a fair price for different parts) but you'll still make money if you sell it all as one piece. Just get your bike back quick because most tow places charge hefty storage fees. The longer you wait the more it will cost.

Third, as soon as you get your bill sit down and look it over very carefully. A huge number of medical bills have ridiculous charges or things that are outright incorrect. Also look through your insurance to find out what is covered and what isn't covered. If anything looks incorrect start calling and asking for it to be fixed. Also when the bill comes you can contact the hospital about payment plans. Many will work with you so you don't have to cough up all the money right away.

Fourth, don't declare bankrupcty over this. You're currently $5k in debt, while this REALLY sucks it is far from the end of the world. Even if you have to put it on your credit card until you can figure out something you'll be better off paying it. While it seems huge you'll be able to figure this out.

 

[Capt Caveman]

Glad you're okay. Why I wouldn't own/ride a bike in the city, too many idiots on the road.

If you're broke after this, maybe time to rethink your spending habits. You seem to like to spend on lots of toys instead of saving for down the road or buying better health insurance. You still own two cars right? Maybe, time to sell one of them.

 

[punjabiplaya]

First things first, thank goodness you were wearing your gear. Otherwise this story could have ended much worse. I'm glad you're doing ok.

Second, get your bike back ASAP. Even if you have to put it on a credit card. You can put it up on craigslist and sell it pretty quickly. With the motor and back end in one piece somebody will buy it far more than you owe the tow company. You can get more money if you part it out over time (check on ebay/craigslist to figure out what is a fair price for different parts) but you'll still make money if you sell it all as one piece. Just get your bike back quick because most tow places charge hefty storage fees. The longer you wait the more it will cost.

Third, as soon as you get your bill sit down and look it over very carefully. A huge number of medical bills have ridiculous charges or things that are outright incorrect. Also look through your insurance to find out what is covered and what isn't covered. If anything looks incorrect start calling and asking for it to be fixed. Also when the bill comes you can contact the hospital about payment plans. Many will work with you so you don't have to cough up all the money right away.

Fourth, don't declare bankrupcty over this. You're currently $5k in debt, while this REALLY sucks it is far from the end of the world. Even if you have to put it on your credit card until you can figure out something you'll be better off paying it. While it seems huge you'll be able to figure this out.

:thumbsup:

Glad you're ok man, that sounded like a nasty wreck. I don't really have anything more to say other than: the second you start thinking you'd have been better off dead than alive, seek help. Family, friends, therapist, here, whoever, don't let that thought stay in your mind.

 

[MagnusTheBrewer]

Hospital bills really suck. I'm sorry to hear about your situation FBB. I know first hand what long term healthcare bills can do to you.

If your able to get another bike, I recommend you do, remember acceleration is a better friend than brakes when you get jammed up.

 

[punjabiplaya]

edited out because I'm stupid

 

[slashbinslashbash]

Glad you're ok!

All I had was liability on the bike.

All you had was liability coverage? You didn't have uninsured/underinsured motorist coverage? (Which hit and runs usually fall under)

Also, how did your bike double in value? You paid $3000 for it.

http://forums.anandtech.com/showthread.php?t=2096831

 

[roguerower]

Glad your alive and healthy. Now let's face reality.

First off, don't scrap the bike. While we can't see the frame, it might be in perfect condition, same as the engine, rear end, etc. Get it back and then go on CL and you should be able to easily part it out and recoup some of your losses. Or, you can strip the fairings and turn it into a standard. Might not look as good, but it's still practical.

Second, the only way you were able to get away with liability only was if the bike was yours, clear and outright, in which case you should have EASILY been able to afford whatever ridiculously low payment a 250r would have required to carry full insurance. Shame on you for trying to skate by when you couldn't afford a full accident or couldn't afford to lose the vehicle.

Third, you were riding late at night (technically morning) and you got lazy. The first rule about riding a bike is assume every idiot in a cage is trying to kill you. You lost your sense of awareness and now you have to pay for it.

Finally, you owe five grand, big whoop. I owe more than that on my new Triumph. Part out the bike, pay down the medical debt, pay the rest off when you get the money. Everyone in this forum told you to buy used for your first bike, but you were too smart and had to go with a new one.

Pick yourself up, dust yourself off, and move on. You're "woe is me, life is over" shtick is old.

 

[halik]

At least you walked away from it... sorta.

Couple questions:
1) How the hell did you spend $6K on a ninja 250?

2) how do you own any money on insurance? Just about all medical insurance plans cover emergency/ trauma visits 100%. I had emergency appendectomy done at an out of network hospital, owed $0.


As far as the bikes goes, ninja 250 parts are dirt cheap - just need new forks, wheel, tank, upper fairing stay and the uppers.
forks
tank

etc

 

[slashbinslashbash]

1) How the hell did you spend $6K on a ninja 250?

Yeah I just went and found his thread where he bought the bike. For $3000. New. Been driven for a year and dropped at least once IIRC.

http://forums.anandtech.com/showthread.php?t=2096831

 

[Doppel]

Seems like you got out relatively well for a crash on a motorcycle on the highway. A concussion sucks but if that's the worst of your injuries that isn't bad. Reviewing that other thread people urged you strongly not to ride a bike. You did anyway.

 

[SAWYER]

6k for as Ninja 250???!?! WHAT

 

[kornphlake]

I'm not familiar with motorcycle insurance, but in my state I'm required to carry a minimum of $25k personal injury insurance along with liability for an automobile. Your motorcycle insurance policy may pick up where your medical insurance doesn't pay out, or vice versa.

 

[halik]

I'm not familiar with motorcycle insurance, but in my state I'm required to carry a minimum of $25k personal injury insurance along with liability for an automobile. Your motorcycle insurance policy may pick up where your medical insurance doesn't pay out, or vice versa.

That's personal injury/property damage to others. Still not sure how/why did doesn't have collision on a bike that's financed.

 

[Zargon]

lulz 6k ninja 250

buy it back CL it for 1500

get real insurance, you are obviosuly too poor to NOT have it