Advertise on Bikeforums.net



User Tag List

Page 1 of 2 12 LastLast
Results 1 to 25 of 41
  1. #1
    Senior Member
    Join Date
    Sep 2005
    Posts
    2,056
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)

    Craigslist, dumpster bikes getting out of hand?

    I admit I am trying to join the flipping club and make a few extra bucks. It is really getting on my nerves to see bikes that have had no maintenance put into them being pawned off at 100$ each even though they don't function at all. So here is my scheme of things...Collectable parts get put on ebay. I sell my parts much cheaper than anybody else. I really try to make hobbyist dreams come true with very good deals. Junker three speed cruiser bikes I make 10-50$ depending on condition. Mainly they are sold for hub internals to collector enthusiasts who know how to fix them. Beat up frames I make a wopping 10$ profit on.

    The idea for me is to recycle as many parts as possible and make a few bucks on the side. It is a win win situation. Out of curiousity I placed a beater three speed on craigslist for the 100$ price...I got e-mails. I couldn't believe it. Maybe it is better to ask too much to begin with and lower the price. So far nobody has come through. The problem with craigslist is that people expect the lowest price. I had no luck selling my Reynolds 753 for 150$ with Chorus cranks. I thought that price was a steel...I had one young kid come and look at it. He said it was too "old school." So I put it on ebay and got 280$ I almost gave the damn thing away...

    The bottom line is that flipping is a great hobby. It is a damn shame people just grab everything in sight and mark it up without any concern to safety. Oh well...You can count on me to provide good deals and sometimes practicaly give the damn things away. I can tell when somebody really appreciates vintage parts. I'll always give them a better deal.

  2. #2
    Grumbly Goat Bushman's Avatar
    Join Date
    Jul 2007
    My Bikes
    bicycles with round wheels
    Posts
    896
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    could'nt agree more.....here in Vancouver BC, the local CL bikes thread is outta hand. Piece of junk sears biks being sold as "Vintage" for $100+ bucks. Some of them would'nt get a nickel at the recycler. The sellers are so convinced that their bike they bought in the 70's from ace hardware or the Kmart is actually worth money. I tried to edumacute one guy that selling a 10 speed rustbucket (cyclewerks) for $450 that his bike was not worth anything more than $5. He got LIVID and freaked out on me, tellign me hte bike was a racing bike, and from the 70's so its a collectors item. The ad is still up, moneths latewr....
    You ride a bike, we GET IT, no need to rant about it or look down on others....its JUST A BIKE...get over yourselves.

  3. #3
    Senior Member BikeManDan's Avatar
    Join Date
    Jul 2006
    Location
    Oakland, CA
    Posts
    1,300
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Ebay will fetch real market value. You have to learn when and where to list.

    I've seen what you're describing, obvious junkyard pulls that haven't even been touched. I like to think that a buyer will see that and then see my stuff or another reputable sellers stuff and realize the better deal. Seems to me in the end the guys selling untouched junkyard finds do not have success. They relist a thousand times, type in all caps, prices drop suddenly, list 10 bikes in one post, etc.

    Big name desirable bikes I will now only list to Ebay. Anything else, I list to Craigslist. I'm getting really sick of CL though, way too many flakes. The people I meet are always nice and I like dealing local but the process of getting a bike sold is tedious and at times stressful

  4. #4
    Dolce far niente bigbossman's Avatar
    Join Date
    Dec 2004
    Location
    Northern CA
    Posts
    10,776
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    "Asking" and "getting" are two different things.

    I've sold a lot of bikes on CL, and have done alright with it. But my bikes are ALWAYS ready to ride and need no work at all. That is the key to my success.

    I've often successfully pursued overpriced beaters a week or two after they post. Sellers with inflated senses of worth don't often sell at their unrealistic asking price, and seem more willing to deal after their "prize" has sat uncollected for a period of time. But you have to have pretty good "soft skills" when negotiating for the overpriced clunkers - some folks get insulted easily.

    Then again, sometimes I wonder what the hell people are thinking when they look over a bike for sale. Barely half of my buyers give the bike a cursory inspection at best. They are fortunate that I am an honest man, and have indeed overhauled the bike back to complete serviceability.
    "Love is not the dying moan of a distant violin, itís the triumphant twang of a bedspring."

    S. J. Perelman

  5. #5
    Senior Member wahoonc's Avatar
    Join Date
    Jan 2005
    Location
    On the road-USA
    My Bikes
    Giant Excursion, Raleigh Sports, Raleigh R.S.W. Compact, Motobecane? and about 20 more! OMG
    Posts
    16,460
    Mentioned
    11 Post(s)
    Tagged
    0 Thread(s)
    Around here there appear to be two types of bikes on craigslist. The very expensive that some one is trying to get 99% of retail for. And the walmart rejects at 110% of original price. There is very little in between. The other thing that irritates me is the people automatically assume because you put it on CL you are going to take less then your asking price for it, and there are too many tire kickers on there too. Ebay is a whole different issue. I have purchased 3 complete bikes off of Ebay...never again. One was a smooth transaction, one went to arbitration and the other arrived damaged after an overly expensive "professional" packing job. I buy most of my used bikes from thrift stores or my LBS for the better stuff. As far as flipping I don't waste my time in my area. I will build up bikes for friends for the cost of parts and a bit extra for my time, and that is it. I live in an area that people's only criteria for anything is low price...period. And then they whine about the quality of everything...DOH!

    Aaron
    Webshots is bailing out, if you find any of my posts with corrupt picture files and want to see them corrected please let me know. :(

    ISO: A late 1980's Giant Iguana MTB frameset (or complete bike) 23" Red with yellow graphics.

    "Cycling should be a way of life, not a hobby.
    RIDE, YOU FOOL, RIDE!"
    _Nicodemus

    "Steel: nearly a thousand years of metallurgical development
    Aluminum: barely a hundred
    Which one would you rather have under your butt at 30mph?"
    _krazygluon

  6. #6
    Senior Member tjspiel's Avatar
    Join Date
    Jun 2007
    Location
    Minneapolis
    Posts
    7,263
    Mentioned
    15 Post(s)
    Tagged
    0 Thread(s)
    Like Ebay, as CL popularity grows so do the prices. The likelihood of finding somebody out there who will pay too much increases.

    As for flipping, I don't see myself ever buying a bike with the intention of flipping it unless I just happened to run across something pretty special basically being thrown away. Even then, I'm more likely to keep the bike unless it's just too big or too small for anyone I know.

    If I had a lot of spare parts, tools, and spare time, then maybe, but probably not. Too much potential work I could do on the bikes we have now.

  7. #7
    Dolce far niente bigbossman's Avatar
    Join Date
    Dec 2004
    Location
    Northern CA
    Posts
    10,776
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by tjspiel View Post
    If I had a lot of spare parts, tools, and spare time, then maybe, but probably not. Too much potential work I could do on the bikes we have now.
    Of the three, spare time is the real killer for me. I flip bikes, but I do it on my own time, at my own pace. Sometimes I'll go for long stretches without touching one - too many things to do on my bikes, for my other hobbies, and with my family.

    Then there are times where I get tired of tripping over stuff and knock out 3-4 all in a rush and sell them off. The newly acquired floor space is welcome, but it never lasts for long.....
    Last edited by bigbossman; 07-24-07 at 01:16 PM.
    "Love is not the dying moan of a distant violin, itís the triumphant twang of a bedspring."

    S. J. Perelman

  8. #8
    Senior Member Mhendricks's Avatar
    Join Date
    Nov 2004
    Location
    San Jose, ca.
    My Bikes
    2006 Orbea Volata, 84 Trek 760, 83 Trek 720,
    Posts
    1,326
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by bigbossman View Post
    "Asking" and "getting" are two different things.

    I've sold a lot of bikes on CL, and have done alright with it. But my bikes are ALWAYS ready to ride and need no work at all. That is the key to my success.

    I've often successfully pursued overpriced beaters a week or two after they post. Sellers with inflated senses of worth don't often sell at their unrealistic asking price, and seem more willing to deal after their "prize" has sat uncollected for a period of time. But you have to have pretty good "soft skills" when negotiating for the overpriced clunkers - some folks get insulted easily.

    Then again, sometimes I wonder what the hell people are thinking when they look over a bike for sale. Barely half of my buyers give the bike a cursory inspection at best. They are fortunate that I am an honest man, and have indeed overhauled the bike back to complete serviceability.
    +1 on this post as I do the same with my bikes. In fact, Bossman, Mswantak, and I are pretty much the only guys in our area that when you buy a bike from us, all you have to do is get on and ride. Still can't get over all the POS bikes that show up here in N. California Craigslist. P.S. We are also the ones that get all the girls when it comes to our mixtes!
    They call me "Mr. Mixte"

  9. #9
    Senior Member garysol1's Avatar
    Join Date
    Apr 2005
    Location
    Avon , Ohio
    Posts
    9,934
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I just sold a real nice K2 Mountain bike on CL yesterday. It was basic aluminum with Shimano Alivio components for $65.00. Rode and shifted real nice. It is nice to sell a bike to a person and know that you are giving someone a good deal on a decent bike that will actually do what it is intended to do. I like sleeping good at night and I don't know how people who sell crap to un suspecting people are able to.

  10. #10
    Dolce far niente bigbossman's Avatar
    Join Date
    Dec 2004
    Location
    Northern CA
    Posts
    10,776
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Mhendricks View Post
    P.S. We are also the ones that get all the girls when it comes to our mixtes!
    Oh....man.... You should have seen the cutie that showed up to buy that Roold mixte. What a heart-melter. She paid me with a big ol' wad of coffee house tip money, and handed it over with a smile that hurt to look at it was so beautiful.

    As an aside, the girls/women never seem to really check the bike out thoroughly - maybe a quick spin up and down the street, but that's it. And they almost always fork over the asking price without negotiating.

    The deal is pretty much make or break as soon as they lay eyes on it. You can tell right away if they're going to buy it or not, if you watch their face when they see it for the first time.
    Last edited by bigbossman; 07-24-07 at 03:23 PM.
    "Love is not the dying moan of a distant violin, itís the triumphant twang of a bedspring."

    S. J. Perelman

  11. #11
    Senior Member BikeManDan's Avatar
    Join Date
    Jul 2006
    Location
    Oakland, CA
    Posts
    1,300
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by bigbossman View Post
    Oh....man.... You should have seen the cutie that showed up to buy that Roold mixte. What a heart-melter. She paid me with a big ol' wad of coffee house tip money, and handed it over with a smile that hurt to look at it was so beautiful.

    As an aside, the girls/women never seem to really check the bike out thoroughly - maybe a quick spin up and down the street, but that's it. And they almost always fork over the asking price without negotiating.

    The deal is pretty much make or break as soon as they lay eyes on it. You can tell right away if they're going to buy it or not, if you watch their face when they see it for the first time.
    I usually hear about how great the color is and what they're going to name it

  12. #12
    Senior Member garysol1's Avatar
    Join Date
    Apr 2005
    Location
    Avon , Ohio
    Posts
    9,934
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by bigbossman View Post
    Oh....man.... You should have seen the cutie that showed up to buy that Roold mixte. What a heart-melter.
    No pics? I am soooo disappointed in you.....

  13. #13
    Dolce far niente bigbossman's Avatar
    Join Date
    Dec 2004
    Location
    Northern CA
    Posts
    10,776
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by garysol1 View Post
    No pics? I am soooo disappointed in you.....
    I didn't want to seem like a creepy old man, but sometimes I'm tempted.....
    "Love is not the dying moan of a distant violin, itís the triumphant twang of a bedspring."

    S. J. Perelman

  14. #14
    Senior Member funrover's Avatar
    Join Date
    Feb 2007
    Location
    Colorado
    My Bikes
    Mostly schwinn... few classics
    Posts
    2,278
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Shoot... I just gave away a 1970's Schwinn Varsity for free.. but the person who got it was extatic aout it so I felt great!

  15. #15
    numbtoes
    Join Date
    Oct 2006
    Location
    TX
    My Bikes
    1998 Merlin Extra light Titanium Dura Ace/Ultegra build, 1984 Ron Cooper full campy, 1987 Team Miyata full dura Ace first gen 8 speed brifter bike. 1987 Trek 560 modern 9 speed Shimano mix, 2003 Cannondale Cyclocross disc brake bike.
    Posts
    36
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I like flipping bikes just because I'm a wrench junky. I love to work on the damn things and I go way overboard so I really never make any real money, maybe a few bucks but the person buying gets a great bike in great shape from me. I know this old man who takes pictures for Estate sales and gets first picks on all the bikes he wants and then sells them pretty much as he finds them.
    jstar

  16. #16
    Senior Member
    Join Date
    May 2005
    Posts
    7,283
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I just sold a bike to finance another purchase. It was a cromoly Bianchi hybrid mixte, in very good condition, listed for $150. When the first potential buyer showed up, I knocked $25 off the price because I thought that it *might* need a tune-up. He bought it.

    I had no doubt that I would sell it quickly, because I know everybody else is trying to get that kind of price for hi-ten junk.

    And now I've got an even better cromoly Bianchi hybrid mixte on its way to me.

  17. #17
    Senior Member jebensch's Avatar
    Join Date
    Nov 2007
    Location
    Medford, MA
    My Bikes
    Gazelle Champ Mondial, Nishiki Comp II, Moto Grand Record, Peugeot UO-10, Koga-Miyata SS
    Posts
    1,225
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I posted a month ago on a Miele I picked up in Long Island. I knew it was too small for me but it was selling for 60 bucks outta someone's neglected basement. I picked up because I knew it had some casual greatness in it. I spent a day and a half cleaning and tuning and replacing at no cost and sold it to a really cool snowboardy chick who was excited to buy her first roadbike. It was 250 which is more than the Canadians on this board valued it at, but in NYC the near junkyard Schwinns are at 180, so I had to price it relative.

    Flipping for me doesn't seem to be a way to really make money, rather just compensate for a bit of the enjoyably spent time polishing and tweaking before sending off to a new home. It also minimizes the guilt if I decide to drop 100 bones on some Campy treats off Ebay or whatnot.

    +1 on the inexplicable reposts. Seems like every city's CL has at least one guy that's been trying to sell the same horrid Cannondale hybrid for 500 bucks for the last 18 months. I just feel bad for anyone that needs a bike and gets hoodwinked by them.
    Steel-loving cheapskate

    www.jessebenjamin.blogspot.com

  18. #18
    Senior Member ricohman's Avatar
    Join Date
    Mar 2007
    Location
    Saskatchewan
    Posts
    2,438
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I guess this depends on where you live.
    I paid $20 for this Austrian 3-speed on the local for sale site and now that I need the space I would sell it again for $20.
    Because thats all it's worth where I live.

  19. #19
    Senior Member g-funk's Avatar
    Join Date
    Aug 2007
    Location
    Annadel
    Posts
    565
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by dwoloz View Post
    I've seen what you're describing, obvious junkyard pulls that haven't even been touched. I like to think that a buyer will see that and then see my stuff or another reputable sellers stuff and realize the better deal. Seems to me in the end the guys selling untouched junkyard finds do not have success. They relist a thousand times, type in all caps, prices drop suddenly, list 10 bikes in one post, etc.
    I love our local crackhead meacham dump resident's ads. he changed his phone number for a while, but those horrible pictures, all caps typing and general crackhead grammar are hard to miss. Makes our stuff look so much better.

  20. #20
    Run What 'Ya Brung bonechilling's Avatar
    Join Date
    Jun 2006
    Posts
    5,696
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    It's funny that we have this thread here, while over on the Road forum, they have this.
    Quote Originally Posted by doofo View Post
    the main cause of fit problems is riding your bike

    you should have just stopped riding so you could focus on color coordination

  21. #21
    Senior Member wahoonc's Avatar
    Join Date
    Jan 2005
    Location
    On the road-USA
    My Bikes
    Giant Excursion, Raleigh Sports, Raleigh R.S.W. Compact, Motobecane? and about 20 more! OMG
    Posts
    16,460
    Mentioned
    11 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by ricohman View Post
    I guess this depends on where you live.
    I paid $20 for this Austrian 3-speed on the local for sale site and now that I need the space I would sell it again for $20.
    Because thats all it's worth where I live.
    I personally would go at least $50 on it..free shipping

    I have yet to find something like that around here. Twenty bucks gets me a somewhat abused late 70's Raleigh Sprite...and people were passing it up for the $40 Next MTB's If I were to flip this bike I would be lucky to get $50 for it around here and I would probably have at least that much in parts in it. So it sits in the shed waiting it's turn. My sister may end up with it, or possibly DD.

    Aaron
    Webshots is bailing out, if you find any of my posts with corrupt picture files and want to see them corrected please let me know. :(

    ISO: A late 1980's Giant Iguana MTB frameset (or complete bike) 23" Red with yellow graphics.

    "Cycling should be a way of life, not a hobby.
    RIDE, YOU FOOL, RIDE!"
    _Nicodemus

    "Steel: nearly a thousand years of metallurgical development
    Aluminum: barely a hundred
    Which one would you rather have under your butt at 30mph?"
    _krazygluon

  22. #22
    Senior Member cyclotoine's Avatar
    Join Date
    Jul 2004
    Location
    YT
    Posts
    7,912
    Mentioned
    7 Post(s)
    Tagged
    0 Thread(s)
    funny how this is an old thread too. I cracked and paid $150 for a raleigh colt last week and it is the first time I have bought anything of CL in a long time. Yeah it was overpriced, but I knew it was hard to find and had the Raleigh cache... But yeah in general it is insane with people asking $280 for a nishiki olympic 12... I can think of one yahoo in Vancouver asking insane prices. And yes the over use of caps one continuous stream lacking details but many bikes guys are there too...

    e.g. http://vancouver.craigslist.ca/bik/597579036.html

    this $%%&&%%^# has been at it for about a year now...

    $220 for a walmart quality bike anyone? ohhh shocks!
    http://vancouver.craigslist.ca/bik/598801057.html

    This is about the only reasonably priced thing on CL right now.
    http://vancouver.craigslist.ca/bik/598801057.html

    there is an NOS 7speed alloy campy freewheel on there too for $180 which is actually reasonable..
    could probably turn a profit ebaying it! and some young knowitall had the gall to call the person out in a craigslist ad saying it was worth $60 max... umm check the EAI imports stock list and see how much they want for one... what is it like $600 US?
    1 Super Record bike, 1 Nuovo Record bike, 1 Pista, 1 Road, 1 Cyclocross/Allrounder, 1 MTB, 1 Touring, 1 Fixed gear

  23. #23
    N+1 redxj's Avatar
    Join Date
    Sep 2004
    Location
    Ann Arbor, MI
    My Bikes
    A few
    Posts
    1,296
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Every area I think has the "it is worth its weight in gold" sellers that have no clue for the real value of their items. My local CL is over saturated with overpriced Walmart bikes and BMX. The small amount of road bikes tend to be overpriced, and I bet none of them have had work done. My favorite are the advertised "ready to ride bikes that they say haven't been road in a decade. I notice many at least say they could use new tires. I try and make my ads stand out with very large pictures hosted on flickr, long description of components and frame material/size, and that everyone has been completely overhauled. The majority of my actually ready to ride bikes are priced $100-150 most of the time. That price range is often the same price someone is trying to sell their fathers Varsity they just pulled out of the barn after 20 years of sitting so my bikes look much better.

    I live in a college town that is extremely bike friendly and there are many people wanting to build up their own bikes or build up a SS/Fixed gear out of one. So most of my sales and profit come from just selling frames/forks and parts on the local CL. Selling parts is extremely easy I have tend to have almost no time invested in the parts. It is usually just strip a bike down and put the parts in the spot in the parts bins. The exception would be wheelsets as if they are in good shape and aluminum rims I will go through and true them and regrease hubs as needed.

    I always have a couple of CL ads up at a time (right now 5 of them). I can very easily buy a bike from CL, thrift store, garage sale, etc. and sell the frame, fork, and newly cleaned out and regreased headset for more than I paid for the entire bike. The rest of the parts get put in the parts bin for use later for flippers or sold locally on CL. I like many others I reserve the higher end parts to put up on Ebay. I have tried many times to sell nicer bikes or parts on CL and haven't had the best luck at it. I have had stuff advertised locally on CL and gave up and just listed them on Ebay. In a number of occasions I got way more than on ebay than I was asking for on CL.

    I am not doing this to get rich, but to have some extra dough to throw at my own bike collection. Since I really started to keep good records (July 07) I have sold 60+ complete bikes or frames/forks, 100+ parts, and have a previous customer list of 80+ people. A good portion of my previous customers either come out again and buy more parts/bikes or have referred me to their friends that have purchased bikes or parts from me.
    Last edited by redxj; 03-07-08 at 04:15 PM.

  24. #24
    Senior Member jet sanchEz's Avatar
    Join Date
    Apr 2005
    Posts
    7,656
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)
    It has been that way for ages on the Toronto CL but every now and then, a good deal sneaks in. Like whomever scored that Concorde with 600 components for $150 the other day. I think the funniest are the folks who post up "Single Speed conversions" which are the worst bike frames (gas-pipe boom-bikes that are likely 40lbs) with the deraileurs ganked off and the chain shortened and they ask for $200+ for it. But, they disappear pretty quick so I guess someone is laughing their way to the bank, I just couldn't live with myself

  25. #25
    Senior Member wahoonc's Avatar
    Join Date
    Jan 2005
    Location
    On the road-USA
    My Bikes
    Giant Excursion, Raleigh Sports, Raleigh R.S.W. Compact, Motobecane? and about 20 more! OMG
    Posts
    16,460
    Mentioned
    11 Post(s)
    Tagged
    0 Thread(s)
    cyclotoine,
    Got pictures of the Colt? What color is it? And which frame? My wife is short (5' and a bit) Hers is a 17" and is an almost perfect fit. We got ours as a door prize at the 2006 ABCE in Minneapolis. It is a bit rough, but rides just fine. It is getting a new ladies B118 saddle...one of these days.

    Aaron
    Webshots is bailing out, if you find any of my posts with corrupt picture files and want to see them corrected please let me know. :(

    ISO: A late 1980's Giant Iguana MTB frameset (or complete bike) 23" Red with yellow graphics.

    "Cycling should be a way of life, not a hobby.
    RIDE, YOU FOOL, RIDE!"
    _Nicodemus

    "Steel: nearly a thousand years of metallurgical development
    Aluminum: barely a hundred
    Which one would you rather have under your butt at 30mph?"
    _krazygluon

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •