At my LBS, there is an old Peugeot(different Peugeot from a previous post), they are selling it 'as is' for $125'ish. I went in there to see what it would take to convert it to a fixed. I was extremely surprised when the final total came out to $415!!! This $415 is also with them dropping the price of the bike itself to $60, so thats $355 in parts/labor.
I can't stand going to this place because I feel like their prices are too high and the manager talks down to anyone that he feels inferior to himself, so everyone. But at the same time this seems to be the only place where I can find used bikes in my area.
Anyways, this is the price he gave me.
Am I way out of line to think this is too much?