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Old Peugeot. Worth a flip?

Old 09-02-12, 04:09 PM
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Narhay
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Old Peugeot. Worth a flip?

https://vancouver.en.craigslist.ca/va...245932942.html
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Old 09-02-12, 04:58 PM
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Anything worth a flip in a hot market like Vancouver will surely be scooped up by a knowledgeable flipper. Educate yourself ahead of time if you want to compete with them. Other than the expensive stuff, flippable bikes on C/L last about 15 minutes around here, sometimes less.
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Old 09-02-12, 05:11 PM
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Know what's worth what, haunt C-list 5-6 times a day. Be ready to get to the bike with cash NOW! Insist on seeing as soon as possible.

I just bought a Peugeot last Sunday for $15.00 I wasn't the first caller, but I was the first one there. Mostly unridden 30 year old PH19 mixte. It will bring about $200.
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Old 09-02-12, 05:29 PM
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Any resources for what to look for in terms of brand, components? I'm familiar with the new tires, tubes, cables, bearings, tune and lube and a good cleaning to get it back into shape. I am reading through the flipper 101 section now but there is not too much on technical specifics other than business acumen.
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Old 09-02-12, 05:47 PM
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Check this site out: DO IT!

Off the top of my head:

Low end bikes generally have
- Dropouts made out of stamped steel
- Tubing decals saying Hi-Ten, Carbolite 103, HLE (all variations of low alloy steel), if at all
- Turkey levers, in essence two sets of brake levers
- Gear shifters on the stem
- Steel rims
- Cottered cranks, with steel crankarms fastened to the bottom bracket spindle with little cotter pins, or cast steel in one piece.

Mid- to high end bikes generally have

- Forged dropouts
- Tubing decals saying Reynolds 531, Columbus SL, Tange Champion, Cro-Mo and Butted
- Gear shifters on the downtube, handlebar ends or combined with brake levers
- Aluminium rims
- Cotterless cranks, with duraluminium crankarms pressed on a square, steel spindle
- Nicely filed lugs with cut-outs or other handmade ornamentation

There are, of course, exceptions. The rest comes down to condition, ie. how much you need to spend to make the bike ridable and presentable.
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Old 09-02-12, 08:07 PM
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My Peugeot has two items from category A, and two from category B. The above is still a good guide.

What made the Poog desirable is the perfect condition under the dirt & grime, and the price. For $15.00 it was great deal, $50 not so much. Might have to replace the bars. Original owner had a set of cheap hi-rise BMX bars installed at time of purchase. Uglies the whole bike.
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Old 09-03-12, 07:57 AM
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Sounds like a great deal! I think the ability to make a great ride out of gaspipe and bottom end components is the ultimate test of skill. Kinda like the Dogme rules of film-making!
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