Urgh, 3 days since my off and I've felt dumber by the day. Was commuting to uni on Monday at about 11am, I live in Dundas so I go down Victoria Road. Anyone who uses Vic Road would know the bend just after the Devlin St (Metroad 3) intersection. It had rained all weekend and the road was quite wet... I had a small fishtail earlier on after a fractionally late decision to stop for a yellow. For those who don't know the turn, you've got 3 lanes each way, and it's a slight, sweeping right coming into a tighter left hand turn. I was traveling int he right lane. As I was gently coming into the sweeping slight right, the rear tyre felt slippery the whole way through. It was about 3/4 through this turn I realised there were deposits of oil on the road. However, before I had a chance to think of anything else, I saw two cars stopped in the right lane about 50m ahead of me. At first I thought they must have been turning right but I remembered there's a median strip... wtf! I had plenty of time to gradually slow down, which is what I tried to do due to the slippery surface. However, the oil suddenly got worse. Trying to slow down ever so slowly failed miserably, as the rear wheel came out from under me and I hit the turf at about 40km/h, coming to a grinding halt about 10m from the back of the second stationary car. Quickly got up to ensure nobody was going to run me over from behind, then went over to the cars to see why they'd decided to stop in the middle of the road... no hazard lights. Noticed it was a prang, and was told the driver (a young female P plater) had spun out from the oil and came across the median strip, T-boning a 4WD on the other side. Luckily no injuries (but for a small graze on my elbow - lucky), young girl obviously bawling her eyes out. (for the record I'm a 21 yo P plater myself) Got the bike up, no serious external damage apart from a couple of fairing cracks. Was able to eventually fire it up and take it round to the side street. This is where I get sucked in. Cops and towies come around. I noticed oil was leaking when the bike was running. Towies assure me there's no way I can ride it away like that. In my state of not thining straight they suck me into getting it towed for $250. In hindsight, I should've left it on the side of the road, and got it picked up by a mate later. SO STUPID. And in even more recent hindsight, I wonder if there was any real damage, as I looked under the bike and couldn't find any cracks or loose bolts from where the oil could be leaking. Could it have come through the carbies or drain hose when the bike was tipped over? Either way, picking it up tomorrow no matter what, before those stupid holding fees come in. I feel jipped, but my lesson is learned. If it's still leaking oil, I'll just take it over to a bike shop myself.