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Flipping a bike for parts

Old 05-20-16, 08:09 AM
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bikemig 
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Flipping a bike for parts

Do you ever buy a bike because you want to harvest a few parts and then flip it? Would you do this even if the flip price is more or less what you paid for it?
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Old 05-20-16, 08:11 AM
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mparker326
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Sure, because the components you just harvested are free.
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Old 05-20-16, 08:27 AM
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Originally Posted by mparker326 View Post
Sure, because the components you just harvested are free.
Time isn't free. I guess the question is how do you do a cost benefit analysis when it comes to harvesting parts from a bike?
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Old 05-20-16, 08:47 AM
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Originally Posted by bikemig View Post
Time isn't free. I guess the question is how do you do a cost benefit analysis when it comes to harvesting parts from a bike?
Unless your taking time away from something else that generates income it is.

Time is 100% free if you have nothing else to do. In many instances yiou may save money on time, for instance, if you have the option of going boating for the day or working on a bike your making money if you work on the bike because your not spending it to take the boat out.

The benifit analysis is easy..

A. cost to acquire bike
B. proceeds from bike

Subtract A from B. If final value if positive then you did good.
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Old 05-20-16, 11:47 AM
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Originally Posted by bikemig View Post
Time isn't free. I guess the question is how do you do a cost benefit analysis when it comes to harvesting parts from a bike?

My time is pretty close to free. Bike work time would otherwise be spent going down the rabbit hole that is Wikipedia or watching TV.
I bought matching Univega hybrids for the wheelsets. Swapped other wheelsets onto the bikes, cleaned and refurbished both, and sold both. I got 2 wheelsets I wanted and dumped 2 wheelsets I didnt want. The dumped wheelsets were perfectly good working and solid, so its not like i put junk on the bikes.

Ive noticed that not many people buying bikes(the ones I work on) care about specific components. They care if the bike works well and looks clean/nice. Swapping out a Suntour Cyclone mkII group for a Suntour arx group that works well probably wouldnt bother 97% of buyers as long as that arx group works well and is clean.
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Old 05-20-16, 12:07 PM
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Originally Posted by bikemig View Post
Time isn't free. I guess the question is how do you do a cost benefit analysis when it comes to harvesting parts from a bike?
I have become proficient enough to strip a frame in about an hour, provided no issues with stuck posts. Sometimes I want the frame, although that is a rarity as I need a 57-58cm road, or an 18-20 MTB frame. I have plastic shoe boxes full of components, and a wall full of cranksets.

Like other C&V participants, I have scored Vx, Cyclone, Superbe, 600 Tricolor, 105, Sora, and RSX components along with decent rims for zero basis. Not that I hunt for them, but whether a 1985 Peloton that's too small or a ratty $30 Le Tour, both can be worth parting out.
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Old 05-20-16, 12:52 PM
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Originally Posted by bikemig View Post
Time isn't free. I guess the question is how do you do a cost benefit analysis when it comes to harvesting parts from a bike?

If it's something I enjoy doing, I feel like time pays me to use it!

Housework, on the other hand...
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Old 05-20-16, 03:48 PM
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Originally Posted by oddjob2 View Post
I have become proficient enough to strip a frame in about an hour, provided no issues with stuck posts.
I've got down to about 15 minutes.... Complete rebuilds start to finish with repacking of bearings, truing wheels etc.... 2 hours if nothings messed up.
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Old 05-20-16, 06:37 PM
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Originally Posted by miamijim View Post
I've got down to about 15 minutes.... Complete rebuilds start to finish with repacking of bearings, truing wheels etc.... 2 hours if nothings messed up.
Good lord i am slow.
...or i refurbish bikes that are absurdly dirty.

Ill go with the second, it makes me feel better.
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Old 05-20-16, 06:43 PM
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literally put the last part on a flip like this 20 mins ago.

I bought a 93 Schwinn Caliente that had racks and fenders that were gonna caost me $50 new. I got the bike for $75.

I ended up doing a full refurb. Axle spacing, hubs serviced, chain and new freewheel, saddle, bar tape, rear tire and rim tape, brake pads. Spent $130 total (with cost of bike), including the freewheel removal tool. And I have the rack and fenders free and clear.

I'm gonna use it instead of my MTB to pull my toddler trailer until my actual utility bike build is done, which is in the middle of the paint stages. Then it'll be listed for $225 or so, and I'll take $180. Make $50 and free parts. Plus it kept me busy for a week or so :-)
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