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Old 01-15-10 | 11:47 AM
  #16  
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mike
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Joined: Jul 2000
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From: Snowy midwest
Originally Posted by jack002
How can you justify giving even $10 for some bike that was once $100 new? Would you/could you get anything on it flipping it? How soon before you've spent more that it was worth new? So avoid them I guess, and try to identify them so you can. [I thought thats what the OP was about]
True, but the reality is that few, if any, bikes maintain much re-sale value. So you buy a $100 and sell it for $10. You are out $90. Buy a $900 and sell it for $300 (if you are lucky) and you are out $600. Yes, yes, I understand the difference in the value ratio...

Bikes are a great value in what they bring to the rider, but are a terrible investment from a resale value. When making a bicycle purchase decision, resale value should not be part of the decision making process.
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