Senior Member
Join Date: Feb 2006
Location: Sin City, Nevada
Posts: 2,886
Bikes: Catrike 700, Greenspeed GTO trike, , Linear LWB recumbent, Haluzak Horizon SWB recumbent, Balance 450 MTB, Cannondale SM800 Beast of the East
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Do some online research
Yes, $50 for any bike that wouldn't take $$$$ to fix is not a bad deal (except for mass merchandiser bikes). This bike has been in production for way more than a decade. Try Googling on "Diamondback Response bike specifications" or the same term with "reviews" in place of "specifications" and you will get an idea what people paid for the bike, how they liked it, and how it has held up. The prices seem to vary widely for the same year of purchase. It was sold by places like REI, Dicks, and regular bike shops so it is not a Wallyworld special. If the rim is not tacoed, then it might be straightened by a bike shop for $10 to $20. If the rim needs replacing, expect to spend more than that.