Private, I'm repairing it and will only use it to commute till it sells. I won't touch KTM again, I've had enough of it... My mates KTM is borken now too, his dad's SD1290 is on warranty.
To much coincidences, to me it just looks like KTM has really bad quality control or is cheaping out on stuff. I'm looking finance now, will buy a brand new bike. MT-07 or CBR650F, I won't keep it under a blanket though and still ride it in winter.
Edit:
I can't blame the previous owner though, I've done over 2000 miles since first problem developed, 2nd problem developed after 2,500 miles...