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I was shook down for $5 at the fleamarket....

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I was shook down for $5 at the fleamarket....

Old 03-07-09, 12:58 PM
  #1  
miamijim
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I was shook down for $5 at the fleamarket....

Me: How much for the bike?

Dude: $25

Me: Will you take $20

Dude: Nope, Its $25. You dont know what your looking at.

Me: Sure I do, but its kinda beat up.

Dude: Thats Peugeot. Its a classic.

Me: It is? What is it? A British bike?

Dude: No, it's French. They make cars and race at Lemans.

Me: Ohhh. I didnt know it was the same company. Come on, $20, its beat up and isnt original....besides I'm not sure if it'll fit in my car

Dude: No way, $25 is my rock bottom price. Its a folding bike. Just move these levers and it'll come apart so it'll fit in your car.

Me: I'll think about. (slowly walking away)

15 minutes later....

Me: You have change? (handing him $30)
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Old 03-07-09, 01:02 PM
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Its tough to haggle if you don't have the right change
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Old 03-07-09, 01:03 PM
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If you would have showed the twenty as all you had, and not insulted the bike, you may have walked away with it for $20. Then again maybe not!
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Old 03-07-09, 01:08 PM
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Originally Posted by prettyshady View Post
Its tough to haggle if you don't have the right change
I had it.....


Originally Posted by bab2000 View Post
If you would have showed the twenty as all you had, and not insulted the bike, you may have walked away with it for $20. Then again maybe not!

I was trying to talk him down!!! I have never paid full price at the flea market. Its an unwritten rule that everythings negotiable. (Well, maybe not)

If $25 was his rock bottom he should have started at $30 so it felt like I was getting a discount at $25.
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Old 03-07-09, 01:14 PM
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So, Jim, let's see a picture of this $25 Peugeot folder.
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Old 03-07-09, 01:18 PM
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Same deal for me last year - a Moto Grand Record that looks like it was left for dead in a ditch somewhere, found by this guy who lives in his van. He wanted $200, I offered $20. He went on to tell me that someone somewhere said it started life as a $2000 bike.

I pointed out the broken spokes, rust and dents, along with the BB being loose and no bearings left in one side.

Sold.

Now I need to figure out why I bought it. It looked like it needed a rescue, I guess.

Last edited by colinm; 03-07-09 at 01:47 PM.
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Old 03-07-09, 01:45 PM
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When sellers give me the line it used to cost $X,XXX new, usually respond, "And it looks like it's going to take $X,XXX to return it to that condition.


Haggle and loiter, always wears down the fleamarket/garage sale seller.
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Old 03-07-09, 01:48 PM
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Originally Posted by WNG View Post
Haggle and loiter, always wears down the fleamarket/garage sale seller.
Especially when they're out of gas and need a smoke.
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Old 03-07-09, 02:06 PM
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I really dislike it when you are looking at a bike and the owner volunteers information about how rare and valuable it is before you even ask the price. I got in it with a guy at a swap meet who was selling a Volkscycle for way too much money. He started telling me how it was worth $500, to which I replied "no, it isn't" and walked off shaking my head.
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Old 03-07-09, 02:22 PM
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Originally Posted by Rabid Koala View Post
I really dislike it when you are looking at a bike and the owner volunteers information about how rare and valuable it is before you even ask the price.
I had a beaut of this sort a few months ago. Fellow selling an early 1990s Trek semi-touring machine. I don't recall what model it was - let's call it a 1400. Dialogue went about as follows:

--------------------
(After keeping me standing for 5 minutes while he jabbered on his cell phone):

"How much is the Trek?"

"Huh?"

"The bike."

"Oh, well - uh, see, I'm not, don-don't want to sel...I don't want to sell it to someone unless they know about bikes."

"...Eh?"

"You see, that's a Trek 1400 wit-"

"I know what it is, sir. How much is it?"

"Well, it was $1,400 new, and it has the aerobar, and the...well- I want to get at least-something-about half of what I paid for it, which, uh, $600 about when the upg-"

"Yes, yes, yes, thank you - that's fine. Good day."

-----------

Elitist prick.

-Kurt
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Old 03-07-09, 02:24 PM
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Your seller is on the flea market website saying the same thing.
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Old 03-07-09, 04:07 PM
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I'm sure you meant to use proper English and would have said "shaken down" instead of "shook down". I don't mean to be a smart ass, but improper English is a pet peeve of mine and it makes me shake my head from side to side.
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Old 03-07-09, 05:08 PM
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Well said sir !
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Old 03-07-09, 05:09 PM
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Jim, your mistake was saying "British" rather than English or Italian. This was a "tell" that you did know something about bikes, and therefore that your valuation of the item at hand was influenced by that. Sometimes it's better to be the clueless rube.
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Old 03-07-09, 05:09 PM
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Originally Posted by Scooper View Post
So, Jim, let's see a picture of this $25 Peugeot folder.

I wouldn't call it folder because there's no hinge but it cetainly breaks down real easy.



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Old 03-07-09, 05:22 PM
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Cute!

I guess it fit into the trunk of your car OK...
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Old 03-07-09, 05:27 PM
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Hahaha that's a neat bike. I didn't know Peugeot ever made such a thing.
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Old 03-07-09, 05:28 PM
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Originally Posted by miamijim View Post
I
Very nice. What is it, a U-0.8?
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Old 03-07-09, 05:33 PM
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Just be careful not to kick that lever while riding.
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Old 03-07-09, 05:45 PM
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Thats a really neat bike. I'm going to have to keep my eyes open for one because I don't normally look at folding bikes
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Old 03-07-09, 05:49 PM
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Is it fixed? Or is there a freewheel in there somewhere?
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Old 03-07-09, 05:54 PM
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Originally Posted by lagrassa View Post
I'm sure you meant to use proper English and would have said "shaken down" instead of "shook down". I don't mean to be a smart ass, but improper English is a pet peeve of mine and it makes me shake my head from side to side.
But "shook down" indicates a good ear for dialect and local usage, especially in an ironic sense. I'd've gone with "shook down" for MJ's anecdote, too. For the irony-challenged ('cos I know irony attempts usually fail in cyberspace): yes, I know that "I'd've" is not standard English either, but it's how the two speakers in the dialogue would have sounded to my ear.

Les
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Old 03-07-09, 05:56 PM
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Cool. I like the front rack. I dont think I've ever seen that folder with a front rack. Good find and well worth what you paid. Give it a spit and a polish and go for a test ride.
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Old 03-07-09, 06:00 PM
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I was at a fleamarket the other day and spotted a really beautiful Schwinn CrissCross for $40. The paint was in absolutely perfect condition and it just shined like a diamond in a pile of trash.

I was admiring it and the guy said it was in perfect condition and ready to ride. I pointed out that someone had been "messing with it" because it had "21 speed" printed on the frame but it only had one gear in front and one in back.

"That's not a 21 speed, it's only a one speed, because someone took off all the gears. It doesn't even have shifters!" I pointed out.

"Well, hell, I didn't even notice that. Why would somebody do that?" he said, shaking his head. "Would you give $25 for it?"

"Sold," says I.
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Old 03-07-09, 06:05 PM
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Originally Posted by Exit. View Post
Is it fixed? Or is there a freewheel in there somewhere?
Freewheel. It has BMX wheels.

Originally Posted by big chainring View Post
Cool. I like the front rack. I dont think I've ever seen that folder with a front rack. Good find and well worth what you paid. Give it a spit and a polish and go for a test ride.
It appears to have had a 2-speed Torpedo coaster brake as an OEM hub. Aside from the wheels and grips it looks as if everything else is original.

I bought it to part out the wheels. The rest is sold to local guy who restores/fixies folding bikes. He approached me while I was still in the flea market and asked if it was for sale. I said, "yes, without the wheels."

He's catalog pic:

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