DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
Mentioned: 9 Post(s)
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Quoted: 26 Post(s)
First, define profitable. Ebay is the land of variance, and the land of fees.
Personally, on a bike I know I am NOT going to keep, and the sole purpose is a part out, I would not pay that much. First, I take a conservative approach on bikes that I plan to part out. I assume what I cannot fully inspect will have issues (bb, hubs, headset). Any upside on those parts is icing on the cake. Protecting your reputation on ebay is important, so parts that will more likely get whining, I just keep instead. The Mavic crank is a wild card, good value there for sure.
Also back to the variance on ebay, even with the best ad in the world, sometimes items go low.
Yes, I think $600 is pretty optimistic.
One thing I do to mitigate the risk of a buy like this is I rebuild the frame with lesser parts, say 105 or RX100, and then resell it. If I buy right, the resell should cover or exceed the price paid for the bike. Yes, I just raided my parts bin, but I moved it up a big notch. Note, as a result of being conservative, I pass on some good deals. But I also avoid disasters. So I am OK with missing out on occasion. And I do not need every seller to accept my offer.
So my offer would be around what that bike would sell for, fully refurbished, with 105 bits. In my market, I could not get $350 for that bike, so that gives you an idea of my offer. I probably wouldn't be able to get it, as an end user could offer more.
Last edited by wrk101; 04-30-12 at 12:47 PM.