Go Back  Bike Forums > Bike Forums > Classic & Vintage
Reload this Page >

Please Stop Being So Cheap!

Notices
Classic & Vintage This forum is to discuss the many aspects of classic and vintage bicycles, including musclebikes, lightweights, middleweights, hi-wheelers, bone-shakers, safety bikes and much more.

Please Stop Being So Cheap!

Old 06-27-22, 06:47 PM
  #76  
Senior Member
 
xiaoman1's Avatar
 
Join Date: Mar 2014
Location: City of Angels
Posts: 5,149

Bikes: A few too many

Mentioned: 42 Post(s)
Tagged: 1 Thread(s)
Quoted: 1358 Post(s)
Liked 2,169 Times in 1,175 Posts
I consider very high and very low selling prices to be outliers, the selling/buying will almost always follow some sort of a bell curve and be in the middle. Sometimes when folks are offering an opinion on a bike one may make a statement "I just bought one for XYZ", either a high or low number.

IMO, it boils down to 3 things....how wide of an audience does the seller want to include in the sale (Local vs. E.B) whether or not they are willing to breakdown, pack and ship and what the buyer is willing to pay and how long they are willing to wait.

The only way to test the market and the value of the bike as others have said is to put the higher valuation on the bike and see if it sells. if it does great, if it doesn't, then hold it, and wait for the "right" buyer .....or lower the price untill it sells. The market value at a given point in time.

I hope that the OP will report back to us with the selling price on the bike.

BTW ,high valuations can do the same dis-service to a new/uniformed seller, setting an expectation that might not be realizable.

FWIW, JMHF(free)O, Ben
__________________
"EVERY PERSON IS GUILTY OF ALL THE GOOD THEY DID NOT DO"
Voltaire

Voice recognition may sometimes create odd spelling and grammatical errors



xiaoman1 is offline  
Likes For xiaoman1:
Old 06-27-22, 06:49 PM
  #77  
señor miembro
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 8,724

Bikes: '70s - '80s Campagnolo

Mentioned: 92 Post(s)
Tagged: 0 Thread(s)
Quoted: 3825 Post(s)
Liked 6,391 Times in 3,161 Posts
Originally Posted by SoccerBallXan
We an all agree $1800 for a Portage is hogwash and the only person who would spend that is a drunk. Again, can we close this thread already?
What's the big deal with someone paying a ton for a bike that they want, drunk or not?

And what's the big deal with keeping this thread open?

SurferRosa is offline  
Likes For SurferRosa:
Old 06-27-22, 07:16 PM
  #78  
Happy With My Bikes
 
Chuck M's Avatar
 
Join Date: Sep 2020
Location: Oklahoma
Posts: 2,119

Bikes: Hi-Ten bike boomers, a Trek Domane and some projects

Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 839 Post(s)
Liked 2,202 Times in 1,067 Posts
To be fair, I did consider going back and editing my comment on the Raleigh post to make it clearer that my opinion was simply that, an opinion based on what I see bikes in my area being offered for but didn't get around to it. And I will admit that after looking at it a bit closer I would probably be willing to pay more than I had stated if I was looking for a bike and I can see where someone wanting this particular make and model paying even more. But I also asked the OP of that thread which side of the fence he was on, buyer or seller and they never replied. A buyer's offer and a sellers ask are usually two different numbers. If I had to guess by the photos, the OP of the thread was a potential buyer as I would hope a seller would take better photos (but maybe not).

But Killroy, you would also probably agree that the bike in the other thread was not on par with the eBay sale you cited. Although the eBay sale I suppose would help a flipper decide if it was worth the investment.
__________________
"It is the unknown around the corner that turns my wheels." -- Heinz Stücke

Chuck M is offline  
Old 06-27-22, 07:38 PM
  #79  
Senior Member
 
iab's Avatar
 
Join Date: Jun 2006
Location: NW Burbs, Chicago
Posts: 12,110
Mentioned: 200 Post(s)
Tagged: 0 Thread(s)
Quoted: 2979 Post(s)
Liked 3,612 Times in 1,366 Posts
Originally Posted by 3alarmer
.
...I wish there was a free medical advice forum on Biekforums. The co-pays are killing me at the doctor's office.
I'm happy to offer some, if you quit being a pain in the ass.
iab is offline  
Old 06-27-22, 07:49 PM
  #80  
señor miembro
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 8,724

Bikes: '70s - '80s Campagnolo

Mentioned: 92 Post(s)
Tagged: 0 Thread(s)
Quoted: 3825 Post(s)
Liked 6,391 Times in 3,161 Posts
^
SurferRosa is offline  
Likes For SurferRosa:
Old 06-27-22, 07:50 PM
  #81  
Friendship is Magic
 
3alarmer's Avatar
 
Join Date: Nov 2010
Location: Sacramento, CA
Posts: 22,777

Bikes: old ones

Mentioned: 304 Post(s)
Tagged: 0 Thread(s)
Quoted: 26065 Post(s)
Liked 9,969 Times in 6,925 Posts
Originally Posted by iab
I'm happy to offer some, if you quit being a pain in the ass.
__________________
3alarmer is offline  
Likes For 3alarmer:
Old 06-27-22, 08:00 PM
  #82  
Full Member
 
SoccerBallXan's Avatar
 
Join Date: Aug 2019
Location: Arizona
Posts: 441

Bikes: Many!

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 186 Post(s)
Liked 206 Times in 124 Posts
Originally Posted by SurferRosa
What's the big deal with someone paying a ton for a bike that they want, drunk or not?

And what's the big deal with keeping this thread open?

Weak attempt to stir the pot from OP. A fool knows better than to take a rabbit's advice. If people don't agree with free valuations on a free forum they need to free their mind from expectations.

E: Also, it's not a big deal to buy any bike. It's a big deal to cry about the bad advice you're giving on a free forum.
SoccerBallXan is offline  
Old 06-27-22, 08:04 PM
  #83  
Banned.
 
Join Date: Jan 2022
Posts: 1,070
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 359 Post(s)
Liked 581 Times in 335 Posts
I don’t even know what a Raleigh Portage is.
I didn’t even know Raleigh had canoes.
But this thread is great.
bamboobike4 is offline  
Likes For bamboobike4:
Old 06-27-22, 08:07 PM
  #84  
Banned.
 
Join Date: Jan 2022
Posts: 1,070
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 359 Post(s)
Liked 581 Times in 335 Posts
Once you buy a bike, the price gets less relevant.
Unless you used the money that was better spent on a kidney.
bamboobike4 is offline  
Likes For bamboobike4:
Old 06-27-22, 08:09 PM
  #85  
Banned.
 
Join Date: Jan 2022
Posts: 1,070
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 359 Post(s)
Liked 581 Times in 335 Posts
Originally Posted by SoccerBallXan
A fool knows better than to take a rabbit's advice.
Hold it. What?
Completely lost.
But, also drunk, which is making this the best 10 minutes of my day.
So thank you.
bamboobike4 is offline  
Likes For bamboobike4:
Old 06-27-22, 08:12 PM
  #86  
Senior Member
 
iab's Avatar
 
Join Date: Jun 2006
Location: NW Burbs, Chicago
Posts: 12,110
Mentioned: 200 Post(s)
Tagged: 0 Thread(s)
Quoted: 2979 Post(s)
Liked 3,612 Times in 1,366 Posts
Originally Posted by bamboobike4
I don’t even know what a Raleigh Portage is.
I didn’t even know Raleigh had canoes.
But this thread is great.
Yeah, pretty great, certainly entertaining. Never heard of the bike either and I wouldn't give a plug nickel for one. But I understand that is not a valuation. Many here don't.
iab is offline  
Likes For iab:
Old 06-27-22, 08:15 PM
  #87  
Banned.
 
Join Date: Jan 2022
Posts: 1,070
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 359 Post(s)
Liked 581 Times in 335 Posts
Originally Posted by Kilroy1988
adults can argue civilly?
I think that was in the 90’s.
bamboobike4 is offline  
Old 06-27-22, 08:16 PM
  #88  
Banned.
 
Join Date: Jan 2022
Posts: 1,070
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 359 Post(s)
Liked 581 Times in 335 Posts
Originally Posted by iab
Yeah, pretty great, certainly entertaining. Never heard of the bike either and I wouldn't give a plug nickel for one. But I understand that is not a valuation. Many here don't.
A plug nickel. Now we’re talking.
bamboobike4 is offline  
Old 06-27-22, 08:23 PM
  #89  
TeeOhPea 2tha DeeOhGee
 
Join Date: Sep 2016
Location: Everywhere, All the time.
Posts: 194

Bikes: Several

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 86 Post(s)
Liked 177 Times in 71 Posts
OP makes a compelling case.

As a service to this community, I will post grossly inflated and unrealistic internets estimates, thereby perfectly offsetting the low ballers and allowing Enquiring minds to know exactly how large their income will be.
MaxKatt is offline  
Old 06-27-22, 08:25 PM
  #90  
Banned.
 
Join Date: Jan 2022
Posts: 1,070
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 359 Post(s)
Liked 581 Times in 335 Posts
Originally Posted by MaxKatt
OP makes a compelling case.

As a service to this community, I will post grossly inflated and unrealistic internets estimates, thereby perfectly offsetting the low ballers and allowing Enquiring minds to know exactly how large their income will be.
The abject sacrifice of your integrity will be in songs forever.
bamboobike4 is offline  
Old 06-27-22, 08:34 PM
  #91  
Senior Member
 
Join Date: Mar 2012
Location: Tallahassee, FL
Posts: 4,812
Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 1590 Post(s)
Likes: 0
Liked 1,009 Times in 567 Posts
If you ask the crowd for their opinions, you will get what you asked for.
jon c. is offline  
Old 06-27-22, 08:35 PM
  #92  
Senior Member
 
curbtender's Avatar
 
Join Date: Mar 2007
Location: SF Bay Area, East bay
Posts: 8,609

Bikes: Miyata 618 GT, Marinoni, Kestral 200 2002 Trek 5200, KHS Flite, Koga Miyata, Schwinn Spitfire 5, Mondia Special, Univega Alpina, Miyata team Ti, Santa Cruz Highball

Mentioned: 52 Post(s)
Tagged: 0 Thread(s)
Quoted: 1561 Post(s)
Liked 2,389 Times in 1,145 Posts
Originally Posted by bamboobike4
Hold it. What?
Completely lost.
But, also drunk, which is making this the best 10 minutes of my day.
So thank you.
That would fit in right here...
curbtender is offline  
Likes For curbtender:
Old 06-27-22, 08:40 PM
  #93  
Full Member
 
SoccerBallXan's Avatar
 
Join Date: Aug 2019
Location: Arizona
Posts: 441

Bikes: Many!

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 186 Post(s)
Liked 206 Times in 124 Posts
Appraisals from previous threads on Raleigh Portage. I thought this was a bit fun.

Originally Posted by coolkat
I'd say around 300.
​​​​​​​
Originally Posted by plonz
I’m not feeling as rich as $300 on this one. Maybe if rust free and a 54-58 cm frame but not with top tube rust and really tall size. Thinking more like two bills max in this case.
Originally Posted by zukahn1
I would say take a second look and be a bit relaxed om buying this one. with rust everything perfect it's a $150-175 at the end of the day it's RBCA bike..
​​​​​​​
Originally Posted by ramzilla
Probably worth somewhere between $100 - $200. Have fun. Be good.
Originally Posted by nesteel
Top of the line factory vintage 650b touring bike. I feel the value estimates are low. (SAID IN RESPONSE TO ABOVE APPRAISALS) Nothing unusual about the wheels either, appear to be factory spec. Deal with the rust properly, toss it on Ebay for $600. You'll wait, but a buyer will come along who knows what it really is.
Originally Posted by thumpism
I think that one's for sale in SW Virginia for about $350, originally posted for $385
Originally Posted by Kilroy1988
Portages just like this, and often in the 25 inch size (which this obviously is) often sell for around $1,000 on Ebay.
I'd personally buy this bicycle for several hundred dollars without a second thought, were I in the market for something like it just now! And I'm sure someday I will be..
Originally Posted by 3alarmer
.
...they are noted by many as excellent touring bicycles. Values on good quality touring bikes like this are all over the map, and the Portage is only well known among aficionado sorts. But even without photos, if the paint and decals are good, and the tyres, brake blocks, etc don't need replacement, probably $3-400 (American) each where I live in Northern California (but not a quick sale at much over $300).
Originally Posted by Bianchigirll
I believe it would be collectable because there are few of them around and 650b bikes have a big cultish following but I don't think that collectability transfers in to a huge dollar value.
Originally Posted by Doohickie
... if it is in really good condition, maybe $200 isn't too far out of bed. If it's the bike you want, and you can afford it, and the guy won't budge, go for it.
Originally Posted by Mercian Rider
Bought it for $180. Complete, frame straight with no dents or cracks. Wheels true and even tension on spokes. Deore rear was replaced with Suntour, and bars are Cinelli. New tires. Otherwise original.
SoccerBallXan is offline  
Old 06-27-22, 09:40 PM
  #94  
Car free since 2018
 
Join Date: Aug 2017
Location: Vancouver, BC
Posts: 672

Bikes: Mostly japanese ones

Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 250 Post(s)
Liked 264 Times in 131 Posts
Couldn't you buy a new 650b bike with 1800 though?
rgvg is offline  
Old 06-27-22, 09:43 PM
  #95  
Senior Member
Thread Starter
 
Kilroy1988's Avatar
 
Join Date: Aug 2016
Location: Visalia, CA
Posts: 2,266
Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 976 Post(s)
Liked 1,812 Times in 602 Posts
Originally Posted by SoccerBallXan
Appraisals from previous threads on Raleigh Portage. I thought this was a bit fun.
Yeah, I personally only comment on appraisal threads for bicycles I actually watch the market for. Hence my finally bringing this up. I have seen and continue to see (witness last week's auction) Raleigh Portages sell for $1,000+. Someone here literally said they sold theirs for $1,000.

Is the fact that I like to point out that there's potential for some decent money from a bicycle that has a proven track record of selling for decent money somehow abhorrent?

-Gregory
Kilroy1988 is online now  
Likes For Kilroy1988:
Old 06-27-22, 10:19 PM
  #96  
Edumacator
 
Join Date: Jan 2018
Location: Goose Creek, SC
Posts: 7,230

Bikes: '87 Crestdale, '87 Basso Gap, '92 Rossin Performance EL-OS, 1990 VanTuyl, 1980s Losa, 1985 Trek 670, 1982 AD SLE, 1987 PX10, etc...

Mentioned: 55 Post(s)
Tagged: 0 Thread(s)
Quoted: 2336 Post(s)
Liked 2,816 Times in 1,808 Posts
Originally Posted by Kilroy1988
Yeah, I personally only comment on appraisal threads for bicycles I actually watch the market for. Hence my finally bringing this up. I have seen and continue to see (witness last week's auction) Raleigh Portages sell for $1,000+. Someone here literally said they sold theirs for $1,000.

Is the fact that I like to point out that there's potential for some decent money from a bicycle that has a proven track record of selling for decent money somehow abhorrent?

-Gregory
But honestly, couldn’t you have simply disagreed with the opinions in the “valuation” thread, and given a different perspective based on the EBay comps?

I am thinking that each of those appraisal threads have different opinions about values as well, right?

The OP could have seen the different ways that a value was determined as a springboard to their own thoughts on what they should sell or buy it for.

Did the OP definitively say they were looking to sell the Portage?
__________________
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super












jdawginsc is offline  
Old 06-27-22, 10:28 PM
  #97  
Senior Member
Thread Starter
 
Kilroy1988's Avatar
 
Join Date: Aug 2016
Location: Visalia, CA
Posts: 2,266
Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 976 Post(s)
Liked 1,812 Times in 602 Posts
Originally Posted by jdawginsc
But honestly, couldn’t you have simply disagreed with the opinions in the “valuation” thread, and given a different perspective based on the EBay comps?

...The OP could have seen the different ways that a value was determined as a springboard to their own thoughts on what they should sell or buy it for.
That goes back to the initial point of the thread - I was asking people to consider more angles than their local markets or guesswork that leads to often only a number of very low estimates being presented in that sub-forum. Do a quick eBay search, take some time to offer a more well-rounded opinion if you expect your appraisal to be objective, as the OP would certainly hope for. The guy offering the eBay high-end sale prices for consideration (such as myself) apparently isn't always around to provide that often useful bit of information. Way too many threads in there only have the low end cited, without thought given to the potential buyer or seller's circumstances and how the opportunity to make more via wider avenues might in fact be of interest to them.

-Gregory
Kilroy1988 is online now  
Likes For Kilroy1988:
Old 06-27-22, 10:28 PM
  #98  
señor miembro
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 8,724

Bikes: '70s - '80s Campagnolo

Mentioned: 92 Post(s)
Tagged: 0 Thread(s)
Quoted: 3825 Post(s)
Liked 6,391 Times in 3,161 Posts
Originally Posted by SoccerBallXan
If people don't agree with free valuations on a free forum they need to free their mind from expectations.
"You are asking about freedom. The very essence of all enterprise, especially free enterprise, and freedom could be considered, and is often considered, you know, to be just another word for being free. Therefore, there will be no train to freedom. The train has already left the station. How can the music be free when the people of White Lake are enchained? Huh? If one song is not free, then all songs are not free. That is why we are going to free all the songs in White Lake."

- Elliot Teichberg
SurferRosa is offline  
Old 06-27-22, 10:45 PM
  #99  
Senior Member
 
Join Date: Jul 2013
Location: Chicago North Shore
Posts: 2,328

Bikes: frankenbike based on MKM frame

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 712 Post(s)
Liked 600 Times in 369 Posts
Xiaoman1/Ben, How do you build a valid bell curve out of 3 sales in a year? (My guess is that you know the answer to that question....).

I can understand loving a grail bike, and beauty is in the eye of the beholder, but my quick review of ebay a moment ago says a buyer could have gotten a better bike for less money. The better bike might not actually be better for someone who wanted a Portage.
philbob57 is offline  
Likes For philbob57:
Old 06-27-22, 10:53 PM
  #100  
Senior Member
 
Join Date: Oct 2017
Posts: 2,000
Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Quoted: 824 Post(s)
Liked 1,041 Times in 503 Posts
People in collectors markets across the internet know well enough that everything on eBay sells for higher prices than you’ll get elsewhere. The best we can do in something like the C&V appraisals forum is assume those asking about their bikes at least know that much. We can’t do all the work for them.

We would also be doing a disservice to continue influencing people that bikes like a Raleigh Portage should sell for $1800. That’s a disservice to everyone interested in purchasing these bikes. Both sides of the coin are equally important for any collectors hobby. Do we want to shoot oursleves in the foot by continuing to influence eBay markups?

The appraisals forum does a good job, imo, of appraising something for the C&V sales forum, offerup, and Craigslist. eBay is an outlier and it’s own beast entirely. And eBay users can simply look up old auctions for a valuation if they care to go that route.

In my opinion, as hobbyists who really care about this thing and are not looking to just totally milk it for money, it’s our job to offer fair prices for the community to keep this hobby accessible.

Last edited by polymorphself; 06-27-22 at 10:58 PM.
polymorphself is online now  
Likes For polymorphself:

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.