What Percentage of CL bikes are Stolen?
I came across 2 ads on Craigslist that really got me thinking. In the first one, the seller is getting ride of 2 Trek kids bikes that are 6 months old and retail for about $250, for $30. For some reason, she can't post any pictures. I am looking for a bike for my 11 year old and don't want to spend much money, because he will outgrow it in a couple of years. I just couldn't pull the....(sorry, I forgot) buy these, in good conscience. I kept visualizing the poor little kid who got this bike for Christmas.
The second one might not be stolen. The seller could be terminally stupid. Lance Armstrong Trek Bicycle is a Trek 7.5 FX painted in the Livestrong colors that retails for less than the seller is asking. Why would someone buy a new bike for $750, never ride it and then post it on Craigslist alleging it is worth $1200? The only other reasonable explanation is the person won it in a raffle. If that is the case, wouldn't they put that in the ad?
There was a piece on the news the other night about the police staking out Craigslist, looking for stolen property. I doubt they did this more than once, just so they could bust someone and get on the news. If they spent an hour on Craigslist, they could probably make an arrest a day. No pictures, prepaid cell phone or posted from a computer at the library and selling a luxury item; all add up to only one thing.
I'm convinced it's a tie between Craigslist and Ebay as to which is the larger resource for fences.
No telling what percent of the goods are stolen.
I started a thread a while ago, "where do stolen bikes go", and the responses were, Craigslist, parted out and Ebayed, and traded for drugs. Although I've never know drug dealers to use bikes much, so I'm betting if a bike does get traded for drugs it is quickly sold on Ebay or Craig's.
Last edited by Allen; 06-24-07 at 11:29 AM.
I Design Stuff
Actually a "friend-of-mine's-boyfriend's-aunt" bought a $1000ish dollar bike at their LBS because she had deep pockets and wanted to try it out. Some people just buy expensive things regardless of need, and she was one of them. She bought an expensive bike rack of course for the Lexus, and took it home. She rode it once and realized she didn't know how to ride a bike. It hasn't been ridden in a year or two.
So my friend is taking the $1,000 bike, for free, that has been ridden once. It does happen.
How about the guys who have ten bikes like that for sale?
I have seen that happen. There are 2 major differences. Your friend's sister's aunt's boyfriend's mother didn't post it on CL for more than she paid for it and she probably has a camara or knows someone who does. I recently got a new phone. I have a decent digital camara, so I didn't need a camara in my phone. They didn't have any phones that didn't have a camara. If a person has the computer knowledge to steal a picture off Trek's website and post it in their ad, they surely know how to post their own picture and know someone who has a camara phone.
Originally Posted by rickyaustin