Originally Posted by
bigbossman
Then it would depend on the bike market in your area for used bikes. At $75, you'll be doing good breaking even after buying tires, tubes, tape, and brake pads. Probably should add in cables and housings, too.
For the "flip" angle - assuming you do all the labor you'll need to figure getting $150 for it as a "break even" proposition. But if you are going to keep it for yourself it isn't too bad a deal. I think you might be able to do better, though, with a little patience and luck.
Don't happen to have pics, do you?
I actually like the cable housings that are on the bike. They're translucent. Probably be best to replace them but it would be kind of a shame. I have some extra tubes so I wouldn't need those. I'd need tires for sure. The brake pads look to be in good shape but yeah, I'd probably replace them anyway.
The used bike market here is crazy. If we saved the bike until next spring for the LBS bike swap, we'd end up with $150 to $200 in store credit no problem. I can't believe what they sell used bikes for. Since this has a cromo frame, I think it would be highly desirable to local fixie riders.
The main reason I didn't buy right then and there it is that I've been toying with a serious upgrade to my Peugeot which this is not. It's got a lighter frame, but now I find myself wanting better wheels, brifters, and the whole nine yards. Of course, I'm not going to find that for $75 ;-) That's when I started thinking it might be a good bike for my wife as it's a touch smaller than my current bike. It'd be a pretty good fit for her and a decent upgrade as well although she's pretty fond of her Peugeot.