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: 2 Post(s)
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+1 Jamis price is high unless it is a brifter bike. I would expect full market for a perfect one would be about $250 (assuming down tube shifters). Since bike is not perfect, it should be discounted from there, maybe $150 to $175.
Dealing with the wheel bearings is no big deal, but is a sign of a bike that has been neglected/not well maintained. Anyone who claims a bike is in excellent mechanical condition would surely have taken 20 or 30 minutes to sort out the wheel bearings.
I am prejudiced, as I have 28 steel bikes right now, along with one aluminum frame bike and one carbon. So I certainly would prefer a nice steel bike over aluminum.
If this guy won't flex on his price, I would keep looking. There are plenty of nice steel bikes out there if you are patient.
Here's a sad failure on a really nice Trek 1400 (I bought it for the components, so it did create an opportunity for me).