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Old 07-05-13, 07:30 AM
  #24  
oddjob2
Still learning
 
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Join Date: May 2012
Location: North of Canada, Adirondacks
Posts: 11,533

Bikes: Still a garage full

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Sometimes you don’t even get dinner and/or a 6-pack.

Recently at a friend’s request, I located and updated a hybrid for his spouse and sold it to him without a mark up. He paid me what I disbursed for the bike and parts.

He liked the bike I got for his spouse so much, he wanted me to find him a hybrid as well. I had a low mileage Italian hybrid in my stash. I hung a brand new set of front and rear V brakes on it as one of the brake arms was bent, added a bell, cleaned, and tuned the bike. The FMV for this hybrid would be around $250+/-, and since he’s a friend, I’ve asked for an amount about 70% of FMV.

We went for a ride, then to dinner. I was surprised when he took up my offer to split the check rather than showing any gratitude for helping him out. And I haven’t collected payment for the 2[SUP]nd[/SUP] bike yet.

He’s given me a bunch of collectibles and sports gear to sell after which we’d split the proceeds in a yet to be determined formula.
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