Go Back  Bike Forums > Bike Forums > Classic & Vintage
Reload this Page >

Flippings sucks!!!!

Search
Notices
Classic & Vintage This forum is to discuss the many aspects of classic and vintage bicycles, including musclebikes, lightweights, middleweights, hi-wheelers, bone-shakers, safety bikes and much more.

Flippings sucks!!!!

Thread Tools
 
Search this Thread
 
Old 01-18-09, 09:39 PM
  #1  
soonerbills
Thread Starter
 
soonerbills's Avatar
 
Join Date: Feb 2008
Location: Okieland
Posts: 935

Bikes: 25 at last count. One day I'll make a list

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Flippings sucks!!!!

Every time I find a bike to sell I put a little money in it and then don't want to sell it!!!!
I always feel like I got the raw side of the deal after the sale! I guess I'm not really a seller but a frustrated bike tinkerer
Sold a crappy early 70's Huffy that I cleaned up the other day and now wished I still had it even though It wasn't worth much and sure ain't no collector item. I feel like that every time!!
My wife says I'm a moron.
SIGH
soonerbills is offline  
Old 01-18-09, 09:44 PM
  #2  
SNARKY MEMBER
 
CardiacKid's Avatar
 
Join Date: Jul 2005
Location: South Austin
Posts: 2,829
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 2 Times in 2 Posts
Thank God you are not a farmer.
CardiacKid is offline  
Old 01-18-09, 09:45 PM
  #3  
Senior Member
 
King of Kadence's Avatar
 
Join Date: Apr 2004
Location: sf
Posts: 539
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I'm not a real flipper, but I get warm fuzzies from outfitting someone with a cool bike. The only time i didn't was when a bike I sold was flipped on me, The buyer relisted it a few days later at twice the price.
King of Kadence is offline  
Old 01-18-09, 09:45 PM
  #4  
Senior Member
 
Grim's Avatar
 
Join Date: Jun 2008
Location: Atlanta
Posts: 2,978

Bikes: Cannondale T700s and a few others

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 2 Times in 2 Posts
I know the feeling. My first bike sale was a Peugeot I bought in 1986. Moment of weakness and a wanted ad. Wish I kept it.
My second was a 1984 Miyata six ten that I literally got out of the trailer that was about to haul it to the dump. To small for me and too big for my wife but I still wish I had it.

Does seem to get easier the more I flip.
Grim is offline  
Old 01-18-09, 09:48 PM
  #5  
Member
 
Join Date: Jan 2009
Location: Georgia
Posts: 38

Bikes: Miyata 112, Schwinn Sport Tourer

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I regret selling a few of the bikes I've flipped too, especially after putting effort into them ...and knowing they are in great shape. Some buyers assume the bike has just been "dusted off" and offered for sale(and many are). The people who buy bikes from me get a great bike. If the bike has problems, I take it apart and keep the good stuff for other bikes.
oldiebikes is offline  
Old 01-18-09, 10:06 PM
  #6  
Gone World Hepster
 
23skidoo's Avatar
 
Join Date: Oct 2005
Location: Lincoln, NE
Posts: 1,211
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 7 Times in 4 Posts
Don't listen to your wife, soonerbills or she'll have you believing you work at a prison for a living....
23skidoo is offline  
Old 01-18-09, 10:15 PM
  #7  
Senior Member
 
cyclotoine's Avatar
 
Join Date: Jul 2004
Location: Yukon, Canada
Posts: 8,759
Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 113 Post(s)
Likes: 0
Liked 16 Times in 14 Posts
I get over them pretty quick. It's satsfying to make the sale. I guess because I usually really need the money it is satisfying. I could see myself wanting to keep some bike more so if I didn't need it to help pay for bills or loan payments. However, if it doesn't fit me I get over it real quick. I am pretty good at making a decision and then not questioning it. I used to want to have one of everything (super record, C-record, nuovo record, super record pista, standard record pista, I had a rally read derailleur in mint shape for the hell of it), then one day I realized that I hardly ever ride the vintage bikes I have so wearing out parts will never be an issue. So I sold all the spares, and the C-record bits and decided I would have one first generation nuovo record bike and one early 1980s super record bike and I would ride them occassionally (as I have always done). Now I have no regrets about letting everything go. Should I ever decide to have another classic it will be because it is a screaming deal on a complete or a frame that will take a group from one of my other bikes and I will sell the left over frame. With this rule I don't regret selling bikes. I have sold some nice bikes in my size but am completely happy and well equipped with my modest stable (modest by our terms, excessive by most others)..
__________________
1 Super Record bike, 1 Nuovo Record bike, 1 Pista, 1 Road, 1 Cyclocross/Allrounder, 1 MTB, 1 Touring, 1 Fixed gear
cyclotoine is offline  
Old 01-18-09, 10:17 PM
  #8  
N+1
 
redxj's Avatar
 
Join Date: Sep 2004
Location: Ann Arbor, MI
Posts: 1,310

Bikes: A few

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 5 Times in 5 Posts
I guess family genes helped me flip bikes. Why? I am tall so 95% of the stuff I find I can't even come close to riding so it makes flipping them easy. But, there is one I sold this past summer I wish I really kept for myself (83' Raleigh Touring 18 if you were wondering).

Edit: I just though about it for a minute and have regretted selling a number of parts. I sold them thinking I don't need this and I can get some $$$ for it. But, of course a little while down the road I find a use for a part I sold. Oh, well.
redxj is offline  
Old 01-18-09, 10:43 PM
  #9  
soonerbills
Thread Starter
 
soonerbills's Avatar
 
Join Date: Feb 2008
Location: Okieland
Posts: 935

Bikes: 25 at last count. One day I'll make a list

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Don't listen to your wife, soonerbills or she'll have you believing you work at a prison for a living....

In there between brief periods of intense cultural stupidity I have hours to daydream of my next historic fleamarket find.
soonerbills is offline  
Old 01-18-09, 11:05 PM
  #10  
Senior Member
 
tmh657's Avatar
 
Join Date: Aug 2008
Location: SoCal
Posts: 2,694

Bikes: A few BSO's.

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 164 Post(s)
Likes: 0
Liked 55 Times in 27 Posts
Originally Posted by redxj
Edit: I just though about it for a minute and have regretted selling a number of parts. I sold them thinking I don't need this and I can get some $$$ for it. But, of course a little while down the road I find a use for a part I sold. Oh, well.
Exactly. I have bought and sold the same 9 cm 1" Cinelli stem 3 or 4 times. I replaced a black one that came with a bike with a silver one and darn it I am not selling the black one even if I never use it.
tmh657 is offline  
Old 01-18-09, 11:13 PM
  #11  
Retro Grouch in Waiting
 
geekrunner's Avatar
 
Join Date: Mar 2008
Location: Indianapolis, IN
Posts: 328

Bikes: 71 American Eagle semi-Pro, 72 Gitane Tour de France, 78 Fuji S10-S, 84 Club Fuji, '02 Gary Fisher Sugar 1,

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 1 Time in 1 Post
I've flipped about 25 bikes, but only regret flipping one. Ironically it was my first flea market find, '87 Nishiki Olympic 12 in lavender. Paid $15. Cleaned it, lubed it, recabled it, replaced the wheels ($50). Sold it six weeks later for $125 to a teenager whose dad was an old roadie. I loved that bike! But it whetted my appetite for more more bike flipping.

geek
geekrunner is offline  
Old 01-18-09, 11:15 PM
  #12  
Senior Member
 
Flying Merkel's Avatar
 
Join Date: Mar 2008
Location: Costa Mesa CA
Posts: 2,636
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Likes: 0
Liked 11 Times in 10 Posts
The only bike I really regret selling was my Univega Viva Sport. It was a graduation present in 1979. Sold to a cloth-headed dope who only paid me half of what we had agreed on & then left it out in the backyard to decay. It was eventually stolen. Great all-around bike. Stupid. I'd still be riding it today.

I've been doing some low-level bike flipping. Picked up a Schwinn Mirada mountain bike for $25.00 It's easily worth $32.00. It reminds me of my old Continental. Good for errands. Uses 650B tires. I'm not selling. Been getting a lot of use.

My latest is a Bridgestone MB-6. I'd keep it but the it's a little on the small side for me. What a nice bike. Former owner put on some good components, I'm selling it as a street bike.
Flying Merkel is offline  
Old 01-18-09, 11:56 PM
  #13  
Senior Member
 
cyclodan's Avatar
 
Join Date: Feb 2004
Location: S.E. Mi.
Posts: 287
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 1 Time in 1 Post
"I have never regretted keeping a bike."- anonymous quote

I find that using the proceeds to fund my next "project" eases the pain.
cyclodan is offline  
Old 01-19-09, 07:13 AM
  #14  
Senior Member
 
Join Date: Apr 2007
Posts: 961
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 31 Post(s)
Liked 28 Times in 15 Posts
Let 'em go! However, there is no harm in keeping "special" bikes. You know the ones I mean!
bikerosity57 is offline  
Old 01-19-09, 07:21 AM
  #15  
Senior Member
 
cycleheimer's Avatar
 
Join Date: Nov 2008
Location: New York Metro Area
Posts: 3,861

Bikes: '02 Litespeed, '99 Bianchi Alfana. '91 Fuji Saratoga, '84 Peugeot Canyon Express, '82 Moto GR, '81 Fuji America, '81 Fuji Royale; '78 Bridgestone Diamond Touring, '76 Fuji America, plus many more!

Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 178 Post(s)
Liked 223 Times in 126 Posts
When "flipping" bikes, remember that locating bikes in trash piles and dumpsters, and at garage sales isn't just a job...it's an adventure. Bikes are also kind of like buses, "if you miss one (sell one in this case), there's always another one on it's way to you." You can always take pictures of them, and place them in their own "family" album. Photos take up less room than the actual bikes themselves (wives will love this point). So many bikes, so little time!
cycleheimer is offline  
Old 01-19-09, 08:08 AM
  #16  
Banned.
 
Join Date: Dec 2007
Posts: 27,199
Mentioned: 34 Post(s)
Tagged: 1 Thread(s)
Quoted: 378 Post(s)
Liked 1,409 Times in 909 Posts
It's hard to flip when you buy bikes you end up liking.
Instead, think of the goal you've set.

For me, it was to make enough to get me the bike(s) I wanted to ride.
It got out of hand, but not in a bad way. I merely "offset" my costs.

I've met a couple of BF flippers. A somewhat cold approach is necessary.
Doesn't mean they don't like bikes, but perspective is everything.

I got out of flipping, and just fix 'em up and try to recoup costs.
I feel better, folks get bikes, we're all friends.
Of course I want some back.
It means I did it right.
RobbieTunes is offline  
Old 01-19-09, 09:42 AM
  #17  
Gone World Hepster
 
23skidoo's Avatar
 
Join Date: Oct 2005
Location: Lincoln, NE
Posts: 1,211
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 7 Times in 4 Posts
Originally Posted by tmh657
Exactly. I have bought and sold the same 9 cm 1" Cinelli stem 3 or 4 times. I replaced a black one that came with a bike with a silver one and darn it I am not selling the black one even if I never use it.
How about just selling me the clamp fixing bolt then??? I've got a beautiful black one I can't use cause the moron who sold it to me on fleabay cross-threaded it and stripped out both the bolt and the allen-head nut.
23skidoo is offline  
Old 01-19-09, 10:09 AM
  #18  
Dolce far niente
 
bigbossman's Avatar
 
Join Date: Dec 2004
Location: Northern CA
Posts: 10,704
Mentioned: 15 Post(s)
Tagged: 0 Thread(s)
Quoted: 20 Post(s)
Likes: 0
Liked 16 Times in 14 Posts
Originally Posted by RobbieTunes
I've met a couple of BF flippers. A somewhat cold approach is necessary.
Doesn't mean they don't like bikes, but perspective is everything.....
Not "cold", per se - more so "business-like".

If you're gonna flip bikes, you can't fall in love with your inventory. I've never kept a bike I bought for flipping, with the exception of the Merckx. However, I have leveraged the cash I've made from flipping into bikes that I've wanted.

That is the whole point of flipping (in my case).
__________________
"Love is not the dying moan of a distant violin, it’s the triumphant twang of a bedspring."

S. J. Perelman
bigbossman is offline  
Old 01-19-09, 10:22 AM
  #19  
Senior Member
 
Join Date: Dec 2007
Location: Boone NC USA
Posts: 622

Bikes: Bianchi hybrid. Dunelt 3-sp. Raleigh basket case. Wanting a Roadster.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 1 Time in 1 Post
The interesting thing is to my way of thinking you guys are not flippers. A flipper buys something cheaply and sells it dearly, they do not put anything into it except advertising. You guys all seem to be refurbishing the bikes putting money and labor into them, that is not a flipper, that is someone who loves bicycles and wants others to have a nice one. You are into it for the joy of it not the money.
graywolf is offline  
Old 01-19-09, 10:24 AM
  #20  
.
 
bbattle's Avatar
 
Join Date: Aug 2005
Location: Rocket City, No'ala
Posts: 12,760

Bikes: 2014 Trek Domane 5.2, 1985 Pinarello Treviso, 1990 Gardin Shred, 2006 Bianchi San Jose

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 62 Post(s)
Likes: 0
Liked 28 Times in 13 Posts
I don't flip bikes, I just find friends and coworkers nice used bikes on the cheap that are still better than what they'd get at X-mart.

Haven't broken even yet.
bbattle is offline  
Old 01-19-09, 10:56 AM
  #21  
Bike Junkie
 
roccobike's Avatar
 
Join Date: Jun 2005
Location: South of Raleigh, North of New Hill, East of Harris Lake, NC
Posts: 9,622

Bikes: Specialized Tarmac, Specialized Roubaix, Giant OCR-C, Specialized Stumpjumper FSR, Stumpjumper Comp, 88 & 92Nishiki Ariel, 87 Centurion Ironman, 92 Paramount, 84 Nishiki Medalist

Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 68 Post(s)
Likes: 0
Liked 37 Times in 27 Posts

I don't understand what the problem is. I have no regrets about flipping a bike. Why? I found the solution, Keep them! As for the wife, no problem. I just tell her the bikes are having sex at night and making more bikes. She just shakes her head and walks away.
__________________
Roccobike BF Official Thread Terminator
roccobike is offline  
Old 01-19-09, 11:00 AM
  #22  
Senior Member
 
droobieinop's Avatar
 
Join Date: Dec 2008
Location: Orange Park, Florida
Posts: 846

Bikes: jamis xenith comp '08, trek 750 hybrid (w/drops) c.1995, centurian fixie, kona cindercone mtb c.2000

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I'm not a flipper, but feel what you're saying here...

Given the ability to do so, I would like to be able to develop a bike coop in my area. C&V bikes are great, I mean they are in the same technology obsolesance as computers and such, however not as handicapped in performance.... IMHO....

I don't want to flip for profit, but recreate(?) for all the other reasons (ie. tinkering, warm fuzzies, eye sparkle, etc.), especially spreading the love and zen of riding and wrenching.

I now have, at my disposal, a carbon racer, 2 hybrids (1 fixed, 1 in readjustment back to drops with sti brifters this time), 2 mtb (1 as project), and 2 schwinns of no real value (1 promised to a friend as a fixie).

But at the same time, currently, I tend to approach a new bike buy like a woman, does she turn me on...

(enough to make it worth the expense)?

Last edited by droobieinop; 01-19-09 at 11:03 AM.
droobieinop is offline  
Old 01-19-09, 11:58 AM
  #23  
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 23,523

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

Mentioned: 96 Post(s)
Tagged: 0 Thread(s)
Quoted: 1236 Post(s)
Liked 964 Times in 628 Posts
I just compare the new acquisition to the comparable bike in my "existing" fleet. Which ever bike is the best (best components, fits the best, whatever) is the keeper, and the other bike is sold.

So sometimes my flip purchase pushes out another bike in the fleet. Like the Lotus I picked up (which fit). It allowed me to let my Peugeot U08 go. So I made my flip profit on the U08. I did the same thing with the Univega Gran Turismo I bought. It allowed me to retire/sell the Schwinn Criss Cross. I did the same with the Trek 950 MTB: it pushed out the Trek 800 I had.

I bought all of the bikes right, so the sales price of the retired bike far exceeded the cost of the addition.

So any new bike (in my case) needs to push out an existing rider. I have plenty of bikes already, no reason/justification to grow the fleet. So I am sticking with N, rather than N+1.
wrk101 is offline  
Old 01-19-09, 02:31 PM
  #24  
D.G.W Hedges
 
mrhedges's Avatar
 
Join Date: Oct 2005
Location: New Orleans
Posts: 329

Bikes: '87ish Trek 400 road bike, 93 trek 1100, 90ish trek 930 mtb

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
I regret selling the nisihiki cresta i once had. Just because i could use a dedicated touring rig. we all have obsessions and if you don't need the money and have plenty of space why not right? I guess someone else could be using it instead of having it sit in your garage, but they wouldn't love it like you do, i know that feeling. My friends parents had a neighbor with a garage full of motorcycles (old Japanese ones) and he didn't even ride any of them or even know how to ride a motorcycle. that was kinda weird.
mrhedges is offline  
Old 01-19-09, 03:03 PM
  #25  
Banned.
 
Join Date: Dec 2007
Posts: 27,199
Mentioned: 34 Post(s)
Tagged: 1 Thread(s)
Quoted: 378 Post(s)
Liked 1,409 Times in 909 Posts
Originally Posted by roccobike

I don't understand what the problem is. I have no regrets about flipping a bike. Why? I found the solution, Keep them! As for the wife, no problem. I just tell her the bikes are having sex at night and making more bikes. She just shakes her head and walks away.
What you don't see is what is to the right of the camera view,
behind it,
to the left in the train room,
and upstairs in the garage,
or on his car rack.

Unfortunately, I'd be easily observed backing up to those doors.....
RobbieTunes is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.