I have received my first bid for $500 and you guys are more than welcome to bid on the bike and part out the rest. If for some reason it doesn't sell in this first round then I will consider parting it out myself.
The current bid of $500 is way lower than what you can make selling the individual parts. If you are interested in the exhaust and seat alone you could easily make your money back even at a $1,000 purchase price by moving the stock exhaust and seat over, repairing the fuel tank, and reselling the bike.
I wanted to try and avoid the hassle of parting it out myself so that's why I listed it at $500 with no reserve.