Over the winter I purchased a 2nd hand bike to use as a winter/foul weather bike. Unfortunately it wasn't riding weather when I looked at it and the seller told me it was a 56cm. The bike was pristine, practically new and I talked him down to $1000 (it originally sold for almost $3000).

When I got home i took the drivetrain off, cleaned everything and shortened the cables... they were way too long. When i finally got on the bike I quickly realized it was bigger than a 56 and after measuring I found it was a 58. I did take it for a a short ride and wasn't happy with the fit, so I put it up for sale on Craigslist.

Finally, after 4 weeks it just sold for what I paid for it.

So... what do I do with the $1000? Put it back into the bank or... buy another bike?