I think this is important to note. Thrifty Bill knows that while you wait for the deals to come to you, sometimes you need to pay FMV+ for something you really want.

Part of all this is knowing what you want and knowing what you're looking at. Knowing that you're looking at a common, entry level bike- even if you like it, it's not worth chasing after with fists full of cash. Finding a rare bike in good shape is.