Originally Posted by
amorett
Okay so I bought a Schwinn on CL for 80 bucks and put new tires and breaks on it. I was going to resell it for 100 bucks but then I had people yelling at me telling me that it is worth thousands. I was wondering what everyone thinks. it is a Schwinn Varsity with new blue grip tape, and custom blue pedals. Thank you!
Hi. I've bought a number of old Schwinn 10-speeds in the past 6 months, and the top price I've gotten is $125. I generally pay no more than 60 bucks for them, but they've got to have good chrome and decent tires, minimal rust is okay, but if it doesn't come off the rims with my fingernail and there's much pitting on the chrome, I don't buy them. A few rusty nuts and bolts are okay, I've got tons of those. In the market where I am, any Schwinn bike, no matter the condition, won't sell if it's over $125, and even with that, you've got to post 10 to 12 photos of all the details on it, and write up a whole list of the individual components.
Mike