Flippers !
#127
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Bikes: Centurion Ironman Expert, Bianchi Sport SX, SR Pro Racing, Vitus 979, Cannondale mountain bike, Schwinn Prologue TT Bike, Litespeed Tuscany, Principia Rex Pro (frame broke), Rossin (model unknown), Litespeed Classic, Schwinn prelude
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My only flipper to date was this Motobecane, but I din't actually flip it, just harvested it for parts and tossed the frame in the dumpster because the top tube was badly rusted. I felt really guilty about tossing the frame, but it seemed dangerous. I still have the fork and snagged 600 SIS front and rear derailleurs, DA corncob 6 spd freewheel, matching araya ferruled clincher rims laced to a 600 rear and Sansin front hub, el cheapo tires, alloy stem and bars, dia-compe levers and weinmann centerpulls. I never get free **ish, so I consider it a nice haul. Sucks, 'cause it was my size, too.
#128
You gonna eat that?
But her daughter said she's been riding it instead, and she really likes it.
#129
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1968 Campus Green Schwinn Sting Ray Run A Bout
PAID = $225
SOLD = $400
PAID = $225
SOLD = $400
#130
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Bikes: 198? Raleigh Technium 480, 1970 Raleigh Sports, Motobecane Nomade Sprint
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At probably my favorite garage sale ever, I got a brand new park repair stand for $35 and the guy was giving this bike away for free. It sat in my basement for a few months and I decided I didn't have time to work on it with other projects and things I have going. It's pretty dirty and badly needs a tune-up, but I got $75 for it.
#131
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Paid $50 for each.
SE draft: Paid $50 + $20 for parts. Total investment $70. Sold for $180. Profited $110
Trek 400: Paid $50 plus $40 for parts. Total investment $90 Sold for $150. Profited $60
I recently decided to start over from scratch and zeroed out my spread sheet. I'm $170 in the black after 2 bikes!!!!
SE draft: Paid $50 + $20 for parts. Total investment $70. Sold for $180. Profited $110
Trek 400: Paid $50 plus $40 for parts. Total investment $90 Sold for $150. Profited $60
I recently decided to start over from scratch and zeroed out my spread sheet. I'm $170 in the black after 2 bikes!!!!
#132
Senior Member
You'd have got $125 for that Fuji, from the right buyer. It was clean! That's the kind of bike I would keep, and over improve component wise.,,,,BD
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So many bikes, so little dime.
So many bikes, so little dime.
#133
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Bikes: 198? Raleigh Technium 480, 1970 Raleigh Sports, Motobecane Nomade Sprint
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I might have been able to get more for it, but it needed a fair amount of work to be rideable and I didn't pay anything for it so I'm happy with the $75. It's also too big for me so I wasn't even tempted to keep it.
#134
Senior Member
Best flipper story I've read so far.
https://sports.yahoo.com/blogs/post/B...urn=top-262060
The bicycle at a Kentucky yard sale had two flat tires, broken pedals and carried a $5 price tag. That didn't stop Greg Estes from buying the bike in hopes of flipping it for a small profit. He should get his wish, to the tune of a few thousand dollars.
It turns out the broken-down bicycle was originally owned by Floyd Landis, who rode it in a race in 2007. The bike was built especially for Landis, complete with custom pedals that look foreign to those unfamiliar with professional cycling (hence the original seller's belief that the pedals were broken). It retailed for $8,000.
Landis rode the bike in a mountain-bike race one year after winning the Tour de France. That title, of course, was later stripped after the American cyclist tested positive for performance-enhancing drugs. Landis is currently banned from the sport, but has stayed in the spotlight with his accusations against Lance Armstrong and other athletes.
Estes told the Owenton News-Herald that the bike was found abandoned on an interstate and nobody ever reported it lost or stolen. He says he'll return the bike if someone claims it. For now though, authorities say it belongs to him.
I can understand someone thinking the bike wasn't worth a few thousand dollars. After all, how many abandoned bikes are custom-built jobs for Tour de France winners? But five dollars? That seems a little low. If I were having a yard sale I'd have probably put a $5 tag on the bike's water bottle. Even if the bike were an actual piece of junk, wouldn't, say, $25 be a more appropriate asking price?
>
Anyway, just like he said, the Owenton, Ky., resident showcased his new bike at his own yard sale. Estes' asking price? Six-thousand dollars.
Thanks, Deadspin
https://sports.yahoo.com/blogs/post/B...urn=top-262060
The bicycle at a Kentucky yard sale had two flat tires, broken pedals and carried a $5 price tag. That didn't stop Greg Estes from buying the bike in hopes of flipping it for a small profit. He should get his wish, to the tune of a few thousand dollars.
It turns out the broken-down bicycle was originally owned by Floyd Landis, who rode it in a race in 2007. The bike was built especially for Landis, complete with custom pedals that look foreign to those unfamiliar with professional cycling (hence the original seller's belief that the pedals were broken). It retailed for $8,000.
Landis rode the bike in a mountain-bike race one year after winning the Tour de France. That title, of course, was later stripped after the American cyclist tested positive for performance-enhancing drugs. Landis is currently banned from the sport, but has stayed in the spotlight with his accusations against Lance Armstrong and other athletes.
Estes told the Owenton News-Herald that the bike was found abandoned on an interstate and nobody ever reported it lost or stolen. He says he'll return the bike if someone claims it. For now though, authorities say it belongs to him.
I can understand someone thinking the bike wasn't worth a few thousand dollars. After all, how many abandoned bikes are custom-built jobs for Tour de France winners? But five dollars? That seems a little low. If I were having a yard sale I'd have probably put a $5 tag on the bike's water bottle. Even if the bike were an actual piece of junk, wouldn't, say, $25 be a more appropriate asking price?
>
Anyway, just like he said, the Owenton, Ky., resident showcased his new bike at his own yard sale. Estes' asking price? Six-thousand dollars.
Thanks, Deadspin
#135
Senior Member
Last winter I found a Fuji Absolute behind a Salvation Army store with no tires, so inquired within and they sold it to me for $5. I invested tires and tubes, cleaned it up and flipped it for $165. It was a 63cm and I had quite a bit of interest despite the lesser crankset. I did deliver it an hour one way but sold another one on the same trip in the same area.
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#136
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Bikes: (3) 1970's Raleigh Sports, (1) 1968 Robin Hood 3 speed, 1974 Raleigh Grand Prix, 1976 Raleigh Grand Prix, 1969 Peugeot UO-18, 1971 Peugeot UO-08, 1980 Giant road bike, 1954 Humber, 1940ish Hercules Popular, 1963 Dunelt, 2007 Trek 3700 mountain bike
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This is my latest "flip", a 1970 Raleigh Twenty. I bought a pair of these from a local CL seller for $100 for both. My plan was to flip the one that was least desireable,
keeping the other for my collection. I basically rebuilt the Twenty, the only parts needed were new inner tubes and cables. Tolal cost of parts was less than $12.oo.
I place the finished bike on e-Bay, hoping to get $150; winning bid was $202.50 giving me a profit of $140.50.
Before the rebuild:
After rebuild, ready to sell:
keeping the other for my collection. I basically rebuilt the Twenty, the only parts needed were new inner tubes and cables. Tolal cost of parts was less than $12.oo.
I place the finished bike on e-Bay, hoping to get $150; winning bid was $202.50 giving me a profit of $140.50.
Before the rebuild:
After rebuild, ready to sell:
#137
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Here is a flip story for everyone.
This guy picked up a bike at a yard sale for $5 that was custom built for Floyd Landis.
https://sports.yahoo.com/blogs/post/B...urn=top-262060
https://a323.yahoofs.com/ymg/ept_spor...FndmDDdZAYiu6y
This guy picked up a bike at a yard sale for $5 that was custom built for Floyd Landis.
https://sports.yahoo.com/blogs/post/B...urn=top-262060
https://a323.yahoofs.com/ymg/ept_spor...FndmDDdZAYiu6y
#140
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What do you guys think: I'm building a fixed gear to flip, should I invest in a set of deep V wheels on velocity hubs?
Otherwise, I could make it SS with a set of old 27" wheels I have sitting around.
Otherwise, I could make it SS with a set of old 27" wheels I have sitting around.
#141
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Late 80s Huffy Savannah 5 speed tandem
Paid $45 and stored it for 4 months.
Did absolutely no work or cleanup to the bike.
Responded to an ad where someone was looking for a tandem.
Sold for $180.
Paid $45 and stored it for 4 months.
Did absolutely no work or cleanup to the bike.
Responded to an ad where someone was looking for a tandem.
Sold for $180.
#142
Senior Member
I bought a sound, but really dirty pink miele for 80$ and sold it for 240$ after a judicious clean-up. I threw in an new pair of 700x23 tires, brand new that were a gift that I'd never have used. My first flip too, and I feel so dirty but it's a good kind of dirty.
#143
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Bought this Takara earlier this summer for $40. I really liked it but it was too small for me. Only spent about $10 overhauling it so $50 total cost. Sold it for $175
#144
aka Tom Reingold
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flammenwurfer, what kind of job do you have? You do really good bike work.
Did the Takara have aluminum rims?
Did the Takara have aluminum rims?
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Tom Reingold, tom@noglider.com
New York City and High Falls, NY
Blogs: The Experienced Cyclist; noglider's ride blog
“When man invented the bicycle he reached the peak of his attainments.” — Elizabeth West, US author
Please email me rather than PM'ing me. Thanks.
#145
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Thank you noglider. I'm do Publications layout and web design/IT work at our State High School Activities Association. I'm just an all-around geek I guess and get into my hobbies way too much, haha. I try to do the best work I can and have been proud of what I've learned. I still feel like I'm pretty slow though in terms of turnaround time.
Yes, the Takara had very nice Ukai aluminum rims. I wish it would have been my size. I would have kept it. Really nice and smooth riding bike.
Yes, the Takara had very nice Ukai aluminum rims. I wish it would have been my size. I would have kept it. Really nice and smooth riding bike.
#146
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Trek Soho S
Paid = $100
Sold = $330
Paid = $100
Sold = $330
#147
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2006 Trek 3900
PAID = $70
SOLD= $220
SOLD= $220
#148
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Dahon Curve D3
PAID = $220
Swapped the seatpost tire pump with my regular seatpost.
Upgraded the front sprocket with a larger one from a Vitesse.
Used the bike for 1 year
SOLD = $320
PAID = $220
Swapped the seatpost tire pump with my regular seatpost.
Upgraded the front sprocket with a larger one from a Vitesse.
Used the bike for 1 year
SOLD = $320
#149
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Trek 4300
PAID = $30
SOLD = $250
PAID = $30
SOLD = $250
#150
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