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Are Project Bikes Worth It?

10/15/2018

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Honda CRF250 Engine Spread
Whenever purchasing a used dirt bike, no matter how well inspected, there is always an element of chance involved. The possibility of an engine failure is what worries everyone the most and is a costly disaster to deal with. For those mechanically inclined, seeking a blown up bike can be alluring because it allows the new owner a fresh start. While this may seem like an ideal situation how often does it financially make sense and how do you decide to make the purchase?

At DIY Moto Fix we just picked up a 2006 Honda CRF250R “Project” over the weekend, and I want to share the financial reasoning that went into the purchase as well as discuss the critical inspections we made which led me to pull the trigger. Over the next several months we’ll see if I made a good decision!

The criteria I intend on using to determine if my purchase was justified or not will depend on a couple things. First, if I sell the bike will I net more money than I have into it, or at the least, break even? Second, could I have spent an equivalent amount of money elsewhere and gotten a bike that has a freshly rebuilt engine, which to me, equates to a machine that will provide countless hours of trouble-free riding?

The bike will also be the subject of several blog posts and perhaps videos. However, these uses will not be factored into the valuation of the decision. No corners will be cut throughout the rebuild, and the end result will be a robust bike that I would be proud to keep, should I choose to. That said, let’s take a look at what I picked up!


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