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I bought a Miyata fixed gear for $375 - good deal?

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I bought a Miyata fixed gear for $375 - good deal?

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Old 10-09-07, 06:40 PM
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I bought a Miyata fixed gear for $375 - good deal?

I went to the LBS today and they had a used fixed gear that felt pretty solid, frame was the right size, and it was really light weight. I paid $375 for it, here are the specs:

Greenish-turquoise Miyata steel frame (not sure which model)
Maxxis RE-Fuse 700x25 tires (new)
Alex AT450 wheelset (new)
MKS AR-8 pedals (they say Japan on them)
Stem, handlebars, seatpost, and seat are nothing special...appears to be original
Shimano SG chainring on a Sakae SX crank (not sure about the BB)
Chain is also new



Any idea how good of a deal I got, or how bad of a deal?

Thanks
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Old 10-09-07, 06:43 PM
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Sorry to say it but you got ripped off a fair amount.
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Old 10-09-07, 06:44 PM
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Nothing special about the components used. I'd say you paid way too much, considering you could build the same thing for under $100 if you knew what you were doing.
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Old 10-09-07, 06:48 PM
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ride it for a while. sell it on CL for what you paid for it, go to bikesdirect.com unless you wanna leearn to build them yerself.
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Old 10-09-07, 06:50 PM
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Originally Posted by TheRobbStory
considering you could build the same thing for under $100 if you knew what you were doing.
You can build a bike like that for under $100? Unlikely.
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Old 10-09-07, 06:52 PM
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Originally Posted by dizzy101
You can build a bike like that for under $100? Unlikely.
totally. buy the bike in 10 speed form for $30 at a thrift store and buy a cheap new rear fixed wheel.
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Old 10-09-07, 06:52 PM
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yeah, you got taken pretty good sorry to say..
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Old 10-09-07, 06:52 PM
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Once again, a thread better posted before purchase.
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Old 10-09-07, 06:53 PM
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I'm a little disappointed, considering I felt like I could trust the LBS. Is this just the price you pay when you buy a used bike from the LBS...or was this bike just way overpriced?

Did I get ripped off enough to go back and ask for a refund...how much extra $$ did I pay exactly?
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Old 10-09-07, 06:53 PM
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Well you may not have got the best deal but it has potential! Granted there's lots to do but it's worth it if you stick to it. here's my Miyata to encourage you to do the work!
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Old 10-09-07, 06:57 PM
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that wheel/tire combination is too much for me. Keep it simple, like black on black
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Old 10-09-07, 07:04 PM
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Originally Posted by sparknote_s
I'm a little disappointed, considering I felt like I could trust the LBS. Is this just the price you pay when you buy a used bike from the LBS...or was this bike just way overpriced?

Did I get ripped off enough to go back and ask for a refund...how much extra $$ did I pay exactly?
Pfft, you paid what you thought was a fair price. Live with it. Morally i'd say you're a ****ing ******bag if you return something just because you didn't do your research properly and bought something.
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Old 10-09-07, 07:05 PM
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1) How much would have been a fair price, in your opinion?

2) If I got REALLY ripped, should I go back to the store?
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Old 10-09-07, 07:08 PM
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Originally Posted by operator
Morally i'd say you're a ****ing ******bag if you return something just because you didn't do your research properly and bought something.
You have some odd morals my friend. I'll attempt to return anything I want, if I want my money back..but please back on topic and tell me how much I got suckered.
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Old 10-09-07, 07:14 PM
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Originally Posted by sparknote_s
I'm a little disappointed, considering I felt like I could trust the LBS. Is this just the price you pay when you buy a used bike from the LBS...or was this bike just way overpriced?

Did I get ripped off enough to go back and ask for a refund...how much extra $$ did I pay exactly?
typical lbs mark-up.
it does have more character than an off the shelf fixed gear.
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Old 10-09-07, 07:20 PM
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It was most likely being offered on consignment. The original seller of the bike got what he was asking plus the LBS got its cut.
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Old 10-09-07, 07:21 PM
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Originally Posted by EZbot
typical lbs mark-up.
it does have more character than an off the shelf fixed gear.
This is my thought as well...we all know you're going to pay more at an LBS - that's just how it goes. But I'm trying to figure out if the LBS charged even more than the "standard LBS markup".

Frame - $70
Wheels - $150
Chain - $25
Crank/BB/Pedals - $25
Seatpost/seat/handlebars/stem - $25
LBS Labor (build) - $50
*****************************
$345

Do those numbers seem correct?
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Old 10-09-07, 07:21 PM
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Don't worry I think I got ripped off for my 1st fixie. Payed $400
Mavic Open Pro to formula
New Brooks b-17 chopped
No name touring frame (at least you got a road frame)
Kind of makes me feel like an idiot for getting it but then again it had good wheels and was the reason for turning me onto Brooks so a fair trade I guess.
https://farm2.static.flickr.com/1002/...e6e49d62_b.jpg
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Old 10-09-07, 07:21 PM
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Old 10-09-07, 07:38 PM
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well, you would have paid that much anyway if you did your own conversion. So you didn't get *that* ripped off.
And you have a bike you can ride *now*
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Old 10-09-07, 07:40 PM
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I'd argue that that bike is as good or better than those bikesdirect bikes. It was not an amazing bargain, but I do not agree that you were ripped off.
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Old 10-09-07, 07:47 PM
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nope he got ripped off
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Old 10-09-07, 07:47 PM
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Originally Posted by Moose
I'd argue that that bike is as good or better than those bikesdirect bikes. It was not an amazing bargain, but I do not agree that you were ripped off.
Definitely. It's a solid bike for a decent price. This isn't come POS conversion from Craigslist or some mystery frame from a fairly anonymous internet retailer, this is a bike assembled by a professional mechanic. So instead of being concerned about a janky chain-line or a bottom bracket and headset that are liable to explode at any moment, this guy will have countless hours of worry-free riding, and a shop he can go to if he doesn't.

My only qualm is with the lack of a brake: I think it's bad form for bike shops to sell conversions to new riders without a brake.
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Old 10-09-07, 07:51 PM
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You probably could have got a better deal if you spent weeks or months sourcing craigslist, ebay, etc. You probably overpaid a little bit, but all the parts are decent, you know it fits you, and you don't have to worry about putting it together, breaking things during the build, etc.
I'd say enjoy it, chalk the money you overpaid up to the level of expertise that you got from the LBS, and don't beat yourself up over it.
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Old 10-09-07, 07:58 PM
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You should probably also understand that most of the replies you're getting are from people who know exactly where to look for good pricing on their components, which parts are a good value and which aren't, and build them on their own to save on labor. You could have gotten it cheaper but get out there and ride, you'll find out it was worth the money even if you could have gotten a better bike.
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