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Old 07-24-10, 03:57 PM   #1
b dub 
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Would you risk trouble at home for a good deal?

At my work biking and bikes come up in conversation quite often. Some of my co-workers are into it like me, although probably most of the time some kind of biking related topic starts with me.

Early last week I brought up that I am always wondering how many people at our office (500+ people) have nice vintage bikes that are hanging from their garage ceiling and never used.

I asked how can I let people know that if they want to make space and get rid of their bike(s) I would be happy to take it of their hands? All of a sudden opportunity struck. One of my co-workers who usually doesn’t sit with us tells me that he has a mint 1974 Champaign Raleigh International in storage.

When I heard that I wanted to know all about the Raleigh. The bike includes all original parts except for the saddle and the brakes. The saddle was replaced by a non-leather version, since he did not like the comfort of a Brooks saddle. The Weinmann brakes were replaced by long reach Campy’s since he liked them better.

Due to health issues he can no longer ride it so he has been thinking about selling it. When he sensed my enthusiasm he offered it to me. I was honest and told him I cannot possibly pay market value. He said he has not sold it, because he wants to know it goes to a good home. Of course I was thrilled. I have never even seen the bike, but it sounded too good to be true.

After some going back and forth he said he wants $200 for the bike plus a box of extra parts and tools.

I told him I would think about it, only because even though it is not a lot of money things have been tight and with a lot of house expenses coming up I would have to convince my spouse that I have to have this bike.

My question is; would you risk agonizing your partner for a deal like this? Does anybody have any advise what I should say?
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Old 07-24-10, 04:13 PM   #2
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Can you let something go in exchange for this?

If not, I would pass. My fiance is number one.
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Old 07-24-10, 04:14 PM   #3
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Mint '74 Raleigh International = you betcha. If you get really squeezed, you can resell for a profit.

You may even be able to offset a lot of the price depending on what's in that parts/tools box.
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Old 07-24-10, 04:16 PM   #4
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you can resell for a profit.


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He said he has not sold it, because he wants to know it goes to a good home.
That would be lame, considering why it was being sold so cheaply. It was meant as a favor, not a chance to take advantage. The owner could have sold it for a true value, but didn't for a reason. Respect his wishes and pass if you intend to resell.

Last edited by beech333; 07-24-10 at 04:21 PM.
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Old 07-24-10, 04:34 PM   #5
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[QUOTE=beech333;11169071

That would be lame, considering why it was being sold so cheaply. It was meant as a favor, not a chance to take advantage. The owner could have sold it for a true value, but didn't for a reason. Respect his wishes and pass if you intend to resell.[/QUOTE]

Agreed. I am currently having a long term conversation with a guy I know from the gym about his bike, a Miyata touring bike. This is an individual who probably only bought TOTL throughout his life, so when he says his bike was TOTL 25 years ago, I tend to believe him.

He told me he doesn't ride much and may be looking to sell it someday. I already put the idea in his mind that if he sold it, it should go to somebody who would appreciate it for what it is, rather than some kid who would use it to ride around campus or, strip off the components and turn it into a single speed.

If I were to close the deal and get this bike at a reasonable price, then turn around and sell it for a profit, I am sure this guy would be seriously annoyed.
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Old 07-24-10, 04:42 PM   #6
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Can you let something go in exchange for this?

If not, I would pass. My fiance is number one.
I say get your "boys" out of her purse and wear the pants in the relationship. Near mint Internationals don't come up very often and aren't getting more common. If you mate truely love you she'll understand. Furthermore, if your frugal with you money 90% of the time she should excuse an indulgence that you're going to keep a long time and appreciate often
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Old 07-24-10, 04:46 PM   #7
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+1 Family is first.

My approach is to build a bike budget. Bikes need to pay for bikes. So sometimes you need to pass on deals.

+1 Special deals from friends should not be flipped.

I would probably double my effort at quickly building a bike fund. Complete a couple of good flips really fast, then buy the Raleigh with the proceeds. Or I would carefully look at something I currently have in the fleet, sell it and buy the Raleigh with the proceeds.

Last edited by wrk101; 07-24-10 at 06:13 PM.
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Old 07-24-10, 04:48 PM   #8
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No, I would not risk it. I would talk to her first and come to a consensus on it.
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Old 07-24-10, 04:51 PM   #9
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Ask her, not the Internet
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Old 07-24-10, 04:51 PM   #10
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I still haven't said anything about the trek...

waiting for about a couple of weeks more.
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Old 07-24-10, 04:52 PM   #11
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Or buy it and lie about how much you paid!
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Old 07-24-10, 04:55 PM   #12
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That would be hard to pass up. Doesn't sound like he's in a hurry to sell, maybe earn some extra money and pay for it in a few month.
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Old 07-24-10, 05:59 PM   #13
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That would be lame, considering why it was being sold so cheaply. It was meant as a favor, not a chance to take advantage. The owner could have sold it for a true value, but didn't for a reason. Respect his wishes and pass if you intend to resell.
OK, Mr. mad emoticon. What I'm saying is that the OP should try to acquire the bike if it's that special to him/her. We really don't know precisely what the seller's motives are, do we? If it comes down to paying the rent or buying food, the OP could always sell the bike - and no seller worth a #$@% should have an issue with that. I'm not suggesting the OP should try to flip for a profit - anyone who's been around here for very long knows that's not my MO. I'm not sure why the seller would have an issue with the OP honestly intending to buy the bike to keep and ride, but having to sell because of financial pressures. That was my point. The OP could even say - "look, this is a stretch for me - I'd love to have this bike, but I can't promise that if times get tougher I might not have to resell it to cover other expenses." But thanks for the ethics lesson, for quoting me out of context.
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Old 07-24-10, 06:11 PM   #14
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Sell whatever extra parts & tools that came with it to offset some (1/2?) of your outlay, unless the purchase causes too much stress under any circumstances.
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Old 07-24-10, 06:12 PM   #15
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It should (*) not be too difficult to convince your spouse you have to have this bike.
Whether you can afford it is another question:
1) If you can manage it now, buy it and then sell something to recover the cost.
2) If you cannot manage it now (rent or credit card bills due imminently or whatever) then sell something first -and then buy it.

IMO, Passing up a gift horse like that would be foolish.

(*) should = operative word
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Old 07-24-10, 06:18 PM   #16
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money comes and money goes, even if you only make 20k a year 200 bucks is a mere 1% of your annual income so go for it. you'll always make more money, you may not get this opportunity again.
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Old 07-24-10, 06:21 PM   #17
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It is easier to get forgiveness than permission.

That is all.
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Old 07-24-10, 06:26 PM   #18
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I was once chastised by Mrs. K for having all those bikes in the garage. I reminded her gently that I could be spending much more money on a car hobby, and besides I get badly needed exercise because the bikes motivate me to do it.

It worked, and later I bought her a Paramount.

But on the original topic, you should come to a consensus. I'd feel guilty straining the family budget to buy a bike.
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Old 07-24-10, 06:38 PM   #19
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Borrow a friend's Corvette, park it in the driveway. Tell the wife that you want to buy it.

After she says "no," buy the International. Tell the wife that you bought the bike instead of the car. She'll agree to that

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Old 07-24-10, 06:53 PM   #20
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do you have a need for it? If not it doesnt sound to me like its the right purchase for you, even if it's a great deal.

Now just tell me where it is
I paid close to that for the exact same bike in my size sight unseen. All original parts but the seat. Turned out to have a large dent in the seat tube and some surface rust that was worse than i thought..
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Old 07-24-10, 06:55 PM   #21
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Get rid of your (*insert any hobby, sport or pastime paraphernalia here) stuff and make sure the bike takes up less space and smells better that what it is replacing.. win-win
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Old 07-24-10, 07:07 PM   #22
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Get rid of your (*insert any hobby, sport or pastime paraphernalia here) stuff and make sure the bike takes up less space and smells better that what it is replacing.. win-win
In the audio world, audiophiles often to refer to the WAF (wife acceptance factor) when considering the purchase of new gear. Any gear that is either exceptionally large, ugly, or expensive is in danger of having a low WAF.
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Old 07-24-10, 07:07 PM   #23
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It is easier to get forgiveness than permission.
Haha, this is generally true, but a family budget is a weighty subject to test it on.

Find a local C&Ver' and apply for a "damn, you can't pass that up" layaway plan
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Old 07-24-10, 07:07 PM   #24
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Ask your friend if can hold the bike for a bit until you can save up the extra funds.
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Old 07-24-10, 07:17 PM   #25
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At my work biking and bikes come up in conversation quite often. Some of my co-workers are into it like me, although probably most of the time some kind of biking related topic starts with me.

Early last week I brought up that I am always wondering how many people at our office (500+ people) have nice vintage bikes that are hanging from their garage ceiling and never used.

I asked how can I let people know that if they want to make space and get rid of their bike(s) I would be happy to take it of their hands? All of a sudden opportunity struck. One of my co-workers who usually doesn’t sit with us tells me that he has a mint 1974 Champaign Raleigh International in storage.

When I heard that I wanted to know all about the Raleigh. The bike includes all original parts except for the saddle and the brakes. The saddle was replaced by a non-leather version, since he did not like the comfort of a Brooks saddle. The Weinmann brakes were replaced by long reach Campy’s since he liked them better.

Due to health issues he can no longer ride it so he has been thinking about selling it. When he sensed my enthusiasm he offered it to me. I was honest and told him I cannot possibly pay market value. He said he has not sold it, because he wants to know it goes to a good home. Of course I was thrilled. I have never even seen the bike, but it sounded too good to be true.

After some going back and forth he said he wants $200 for the bike plus a box of extra parts and tools.

I told him I would think about it, only because even though it is not a lot of money things have been tight and with a lot of house expenses coming up I would have to convince my spouse that I have to have this bike.

My question is; would you risk agonizing your partner for a deal like this? Does anybody have any advise what I should say?
Yes, but I offer my wife an alternative - I sell everything that isn't nailed down on ebay. I go to garage sales, yard sales, thrift stores, junk yards, storage lots, freecycle - you name it. I'm always looking for a deal, some sort of 'flip'. I'm like those Pawn Stars guys. After several months of this I'll have several hundred dollars built up. If I need a little more, Ill tap a few notes from the budget, but I avoid that as much as possible.
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