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2001 Schwinn Fastback

Old 03-18-18, 02:12 PM
  #1  
Wavy
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2001 Schwinn Fastback

Hi folks
2001 Schwinn Fastback small frame Manufactured BEFORE Schwinn sold to Pacific Cycles.

Seat tube 43cm
Top tube 50cm
Sloping top tube
Shimano Sora group
28mm tires

Ridden maybe a dozen or so times since bought new in 2001. Management hasn’t ridden it in years, and she's finally ready to sell it.

I'm thinking $300 CDN, which is about $220USD. Your opinions?

Thanx
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Last edited by Wavy; 03-19-18 at 09:25 AM.
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Old 03-18-18, 03:22 PM
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That price looks a bit ambitious, assuming the bike hasn't been tuned/regreased/cables etc. Maybe a good starting point to get you a $150-$165 sale, but I don't see more than that. The modern Schwinn name carries a lot of baggage...
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Old 03-18-18, 10:01 PM
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Unless we're talking about something like an old Paramount, It might be hard to sell a Schwinn for decent money because of the connotation the name carries nowadays.

I don't know if it applies to your bike, but some of the early 2000's Fastback frames were supposedly made by Sapa in Portland, OR. They made some nice stuff. Can you try again to post some pics? HERE is another thread showing an early 2000's Fastback -- frame details look similar?
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Old 03-19-18, 09:31 AM
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OK, it was user headgap: I didn't see the maximum jpg size was 2000 pixels.

Thanx for letting me know. This bike is either a 2000 or 2001, because that's the summer she bought it. (I hate digging thru memory files in my brain.)
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Old 03-19-18, 12:08 PM
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It's hard to tell without closeups if your bike might share some identifying characteristics with the one that was identified as being built by Sapa in the other thread I mentioned above. Any "made in ____" decals or anything anywhere on the frame?

Regardless -- and unfortunately -- it's going to be perceived as a modern-day Schwinn by most people, which means a department store bike. (Even though it's not.) That's likely going to hamper the resale value. The small size is also going to limit the pool of prospective buyers and the lower end (but still decent) groupset might not inspire a lot of interest.

Resale values in my rural neck o' the woods are pretty low, but I think I might be the only interested buyer at $150 USD around here. If you're in a bigger market with more demand, like Toronto or Vancouver, you might be able to ask more.
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Old 03-19-18, 01:15 PM
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Schwinn's last USA production closed in 1991, and Schwinn went bankrupt for the first time in 1992. Schwinn went bankrupt again in 2001, and they were then bought by Pacific. I don't put much difference between a Schwinn bike sold after bankruptcy #1 versus after bankruptcy #2.

You will see some "better" Schwinns sold at chain bike shops like Performance Bike, so they are not just a cheap discount brand. Given your bike has SORA shifters, its in the better class (not box store).

Schwinn name is basically trash now, similar to Mongoose. So the decent ones don't get the response they should.


Depending where you live in Canada, $300 Canadian sounds very do-able to me. In several larger cities, Canadian market is quite strong. Put some pedals on it, take better pictures, and give it a shot. Make sure tires are fully inflated (front tire looks flat right now).


Your bike is comparable to a Trek 1000 from that era, deduct some for the less desirable brand name.

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Old 03-20-18, 09:35 AM
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$300 with working STIs should be no problem. I sell low-mid range 80s bikes for that much in the summer (though it's been getting harder).
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