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Flipped for big $$$?

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Old 07-22-19 | 11:09 AM
  #51  
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wle
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From: atlanta ga

Bikes: road: 1999 GT road:40Kmi+ // 2001 fuji finest AL:9Kmi+//1991 schwinn paramount ODG:0.1Kmi+

i've bought a lot of cannondale and japanese schwinns for $20 and later sold without too much work for $175 or so
does that count?

they all seemed to be 56cm
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Old 07-22-19 | 11:12 AM
  #52  
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Bikes: road: 1999 GT road:40Kmi+ // 2001 fuji finest AL:9Kmi+//1991 schwinn paramount ODG:0.1Kmi+

also - "listing for sale" is not the same as "selling the bike"

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Old 07-22-19 | 11:33 AM
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Bikes: iele Latina, Miele Suprema, Miele Uno LS, Miele Miele Beta, MMTB, Bianchi Model Unknown, Fiori Venezia, Fiori Napoli, VeloSport Adamas AX

If I sell a bike and he buyer sells it again at a higher price I don't care. What does irk me is when I build up a nice road-bike for someone who NEEDS a bike and then they turn around and sell if for a couple hundred dollars or less. I've had that happen a few times and it does irk me a bit as the bikes were worth and were fetching $500.00 or more on Ebay or Kijiji. Now if I give a bicycle away for nothing I make sure it's a cheap bicycle.

Cheers
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Old 07-22-19 | 11:42 AM
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Fantasy.
"Investing" in old bicycles to make a "profit"?
Might as well get some hours as a door greeter at Wally-Mart: no wasted time or $ invested, you can stand in the AC and you get a check that won't bounce.

-Bandera

Last edited by Bandera; 07-22-19 at 12:29 PM.
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Old 07-22-19 | 11:48 AM
  #55  
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Bikes: road: 1999 GT road:40Kmi+ // 2001 fuji finest AL:9Kmi+//1991 schwinn paramount ODG:0.1Kmi+

Originally Posted by Bandera
Fantasy.
"Investing" in old bicycles to make a "profit"?
Might as well get some hours as a door greeter as Wally-Mart: no wasted time or $ invested, you can stand in the AC and you get check that won't bounce.

-Bandera
AND you don't have to back and pick up something in your car (an old dirty worn out bike)

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Old 07-22-19 | 11:55 AM
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Never look back. You got what you wanted for it. What the buyer does with it is his business.
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Old 07-22-19 | 12:06 PM
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Flipped for big money beacuse of my 6 mistakes

I purchased an antique/vintage bicycle front fender, or so I thought, at a yard sale. My 1st mistake The front fender was in excellent condition w/ original paint, heavy duty "ridge spine" down the center top and peculiar looking metal hooks along the inside of the fender. These "hooks" reminded me of modern bike caliper pull brake cable hooks but a bike that this fender would fit would be far to old for caliper brakes, why are they there? Oh well I am not an antique/ vintage bicycle expert, what do I know?...My 2nd mistake. So I listed the antique/vintage bike fender on eBay as a bicycle front fender not a bicycle/motorcycle front fender...My 3rd mistake. I had purchased the fender at the yard sale for $20.00 for I listed it on eBay for $69.99 with priority shipping included. I thought my asking price was very profitable at being over 3 times my purchase cost, what an entrepreneur I was...My 4th mistake.

My antique/vintage bicycle front fender sold in about 1/2 hour on eBay, kind of quickly but it happens some time...My 5th mistake.

The buyer paid immediately and I shipped his fender an hour later as promised in my eBay listing promised "same day shipping & handling" Time went by and my buyer received his fender and left me 5 star positive feedback "Super fast shipping & thanks for the motorcycle fender" I emailed my eBay buyer back asking him "What motorcycle fender?" He replied that the antique/ vintage bicycle fender I had sold him, with the peculiar hooks, Was in fact the front fender to an early 1930's Excelsior Motorcycle. I asked him what a front fender, in such fine condition, for an early 1930's Excelsior Motorcycle was worth. He replied $500.00 and gave me his new eBay listing item number. There was my antique/vintage bicycle fender now listed as an early 1930's Excelsior Motorcycle fender for $500.00 shipping not included. Boy did I ever learn a hard lesson as now when I list any bicycle part I also make sure I include the word "Motorcycle" in the title just in case.
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Old 07-22-19 | 03:46 PM
  #58  
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Originally Posted by Jp42
I currently have a bike for sale on CL.
Got an email this morning with what I considered a lowball offer, didn't think to much about it.
Writing this post got me to thinking and sure enough, it was the same guy.
I told him I want $600 for my $160 bike. Made me feel better.

Wait -you have a a Le Champion for sale for $160? Do tell.
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Old 07-22-19 | 04:19 PM
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From: TX Hill Country
Should be a best-seller on BF:

"How To Turn Real $ into a Big Pile of Un-Wanted Junk: Waste Time, $ & Storage Space in Bike Flipping" by I.M. Canvee

Ch.1: Spend real cash, or borrow $$$, to buy old bicycles.
Ch.2: Spend time that could be used on a career, home maintenance or a relationship grubbing around with the "inventory" from Ch.1 while spending $ on parts & stuff.
Ch.3 Carefully craft precise, artful and compelling Crap-List ads for the massive pent up demand cash rich locals no doubt have for your valuable "inventory".
Ch4. Respond to every insulting low-life, drunken, low-ball "offer" from demented sociopaths on Crap-List. Realize that those are the only "offers" you get.
Ch.5 Organize your "inventory" into either heaps or piles alphabetically, by country of origin and by depth of rust.
Ch6. Repeat Ch3 & Ch4 on Flea-bey
Ch7. A national guide to Recycling Centers: How to turn Piles & Heaps of old bicycles into Cash, far less cash than you paid.
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Old 07-22-19 | 06:54 PM
  #60  
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[MENTION=400871]Jp42[/MENTION]

It shouldn’t bother you st all. You got exactly what you wanted for the bike. In fact I’d love to see the seller get what he wants for the bike it’s only good for everyone else who has vintage bikes that are collectible.

Food for thought
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Old 07-23-19 | 03:58 PM
  #61  
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I’ve never sold a bike for less than I wanted. Whoever bought it could do whatever they wish.
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Old 07-23-19 | 06:39 PM
  #62  
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From: PNW

Bikes: One of everything and three of everything French

Sure enough...

Originally Posted by Insidious C.
I sold this Raleigh just last week for $60. It's a Japanese double-blue that i partially repainted, just for fun, to evoke the 70s Grand Sport appearance. Failed experiment. This guy's trying to get $180.

Also sold 5 other bikes within last week to clear space in garage. Maybe they will pop up also?
This Sekine is another I sold recently. I sold for $65, same as I paid for it. This guy is asking $285!
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Old 07-24-19 | 02:27 PM
  #63  
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Originally Posted by sammyc218
I.........case.
Rule 1. Only buy what you know
Rule 2. Only sell what you know.
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