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Seller appraises his bike on CL. How many times has this happened to you?

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Seller appraises his bike on CL. How many times has this happened to you?

Old 09-27-10, 08:07 PM
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Originally Posted by bikemanbob
I promptly removed the more valuable Varsity from Craigslist.
LOL! I have yet to see a Varsity that would have valuable in it's description.
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Old 09-27-10, 08:11 PM
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Originally Posted by bikemanbob
As a matter of principle, I have yet to offer more than what the seller has listed on Craigslist. If the price changes, I politely tell them that I'm not interested. Craigslist is not ebay and I refuse to waste my time getting into a bidding war. I have been very fortunate in building my collection and flipping others without having to violate the rules. Also, I typically avoid responding to listing that have "OBO."

As a seller, I also abide by my principles. Recently I listed a bike only to discover that I had underestimated its value (I had too many bikes crowding my garage and I just wanted some gone). I had agreed to show someone several bikes that I had listed. Before he came, I made a last minute check on one of the bikes. It was a 1966 Schwinn Varsity with downtube shifters. Although I was tempted to raise the price, I stuck to it. When the individual came, I showed him the bikes that I was offering. I even told him that I had underestimated the value of that bike. Thankfully, he chose two of the other Varsitys I had listed. I promptly removed the more valuable Varsity from Craigslist.

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Old 09-27-10, 08:25 PM
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The one time anything even remotely similar happened to me is when I saw a bike advertised for below market value on CL. I was the first responder and the seller agreed to meet me in about 2 hours.
When I arrived he said something about maybe he priced it too low as he'd received about 15 emails after mine.

The seller honored the advertised price. If not, I would have walked as I only brought with me the agreed amount of money.
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Old 09-27-10, 08:29 PM
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Originally Posted by JasonMG1976
I'm fat now...there's no going back...so I'm selling my bike
Me: "Look, I'll give you $150 and a cooler full of sausages."
Seller: "Polish or Italian?"
Me: "Cuban chorizo buddy, top quality stuff..."
Seller: "How soon can you be here?"
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Old 09-27-10, 09:19 PM
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Originally Posted by wrk101
While I have not offered extra for a bike, I would consider it for the right bike.

I have several times taken a group of bikes, where I really only wanted one or two of them. Sellers looking to clear out old stuff are sometimes more focused on who will help them get rid of their pile, wanting the "easiest" transaction. A couple times, I took some of the bikes directly to the thrift shop. By" taking the entire pile" I was able to move ahead of other buyers.
This is common practice for other used, non-bike items too.
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Old 09-27-10, 09:30 PM
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Originally Posted by Chris_in_Miami
Me: "Look, I'll give you $150 and a cooler full of sausages."
Seller: "Polish or Italian?"
Me: "Cuban chorizo buddy, top quality stuff..."
Seller: "How soon can you be here?"
That's right, how soon can you be here?

-Kurt
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Old 09-27-10, 09:46 PM
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I'm not sure where this post is going, but I had the impression that the OP was venting on how unscrupulous some Craigs sellers are. I'm assuming the OP was referring to bike flippers, which I've noticed there are quick a lot of on C&V. Bringing Ethics into a buy-sell conversation is like biting the hand that feeds. I bought the Miyata 1000 I refered to earlier for 150 from a nice very healthy older retired man who still rides and should have known better. The ad I responded to was in the newspaper of all places. Did I tell him that his bike could sell very quickly for much, much more. I actually thought about it at the time, but sadly no. He looked as if he was doing very well. Yes, that was in the equation as well. Not every seller is a bike flipper; and that, as bike flipper 'you', is exactly what you are looking for. That some naive sellers get wise; I say, more power to 'em.
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Old 09-27-10, 09:58 PM
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It's not very often you can score on CL anymore. I was shocked to find my competition for $125, and it was still there the next day. I guess every single one of the fixie builders in Houston were out of town that day, lol. I am pretty much holding onto what I have at the moment, as nearly nothing shows up on CL here. I think the last posting was on Friday? I see a few 80's and early 90's road bikes come into the shop, but it was MUCH simpler finding nice bikes in Houston. I had a bunch of sources there. No 531 bikes yet, but I am keeping my eye out for them, believe me.,,,,BD
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Old 09-27-10, 11:03 PM
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Originally Posted by Old Fat Guy
LOL! I have yet to see a Varsity that would have valuable in it's description.
Then you haven't seen a 1960 Varsity in decent shape.
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Old 09-28-10, 01:27 AM
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I had a '89 Miyata 1000 Black. Nothing special about the ride quality. Definitely over hyped.
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Old 09-28-10, 04:11 AM
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I thought about selling the 1986 Fuji Allegro 12 speed that I have. It's mint condition, stored indoors and had a new Shimano sealed bb installed. Anyway took that opportunity to ask the LBS what they thought was FMV, and got between $ 375 & 450 as a response. I didn't sell it, but figured they were looking to turn it just the same. I realize it's a vintage 12 speed fwiw, but they had trade-ins of modern road bikes that were being asked for close to a grand that aren't in the condition my bike is in. I researched it a little more and found it would cost $ 799 and $ 999 MSRP to get the 2010 Chromolly Fuji road/tourer bike. But those are going to have 27+ gears on them. I figure if I were to sell it, $ 500-600 maybe ? But I also figure the condition it's in, bought & paid for, why sell it ? Here's Fuji's 2011 model:

https://www.fujibikes.com/bike/details/touring

vs a comparable Allegro:



Note: That is not my bike but close enough to show the differences. Mine has Sugino GP crank arms and gears that look nicer and have no scratches with black alloy pedals. Not to mention a modern era Giant saddle and the official Fuji paint color is Wine. Also a fluted seatpost. The rest looks about the same though ?

https://media.photobucket.com/image/sugino%20gp/samrossel/cacccoooww.jpg#!oZZ7QQcurrentZZhttp%3A%2F%2Fmedia.photobucket.com%2Fimage%2Fsugino%20gp%2FDavidMann2 097%2FeBay%2FCrank_01.jpg%3Fo%3D7

As you can see it makes no sense to sell it. I'd post better pics, but a 1.3 megapixel cell phone camera just doesn't do it justice.
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Old 09-28-10, 04:27 AM
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Sometimes you just need to shrug your shoulders and walk away.

Craigslist is what it is. Since dealing on it usually involves exchanging money, less than ethically perfect tactics often occur. And as a place to hunt for deals, it's less than perfect. You need sharp eyes, and the seller needs to leave out vital info.

There's always a next deal or project. If you leave your mind open to what you find, one will come along. It probably won't be your grail bike, but it could be surprisingly interesting.

It's best not to treat our little hobby in strictly monetary terms. I understand many of us pay for our bikes via flipping (myself included) but the real joy isn't in the purchase or sale, but in the riding and the build. That's what you must seek.
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Old 09-28-10, 05:17 AM
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Originally Posted by ish
Then you haven't seen a 1960 Varsity in decent shape.
Yes, yes I have. Perhaps we have different definitions of 'valuable'.
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Old 09-28-10, 07:35 AM
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"Valuable" is a relative term and means different things to different people (My Super Courses are "valuable" to me, but not-so compared to a NOS Rene Herse).

I like what Poguemahone said about it - - Sure, we rely on decent flips to pay for our own habits, but it's best not to view the hobby in strictly monetary terms. It's a lot more fun that way.

Even dealing with less-than-ethical sellers can be a trip too. (You come to know their little dirty tricks and have to laugh at them.)
- AND-
There is always that prospect of making that incredible score that feeds our obsession - just a crappy old ten-speed to some, but a proverbial holy grail to others!
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Old 09-28-10, 09:20 AM
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Originally Posted by auchencrow
Hi Jet - Yeah, I know this tactic works (having been on the short end) but I'm saying I wouldn't engage in it even if it was my grail bike.
Well, when my grail bike was listed this past May (a red De Rosa Professional in my size) at a very good price, I would have offered the seller twice what they were asking if I thought that I wasn't in the running for it. Luckily, I was the first (and only!) person to call so I didn't have to see which way my ethics would have taken me

To avoid these situations as a seller I wait until I get about 5 emails and then I send out my number to all of them at the same time and the first person who calls and has cash gets it. Even then I have to be careful as the first person to call might say "Well, how about I come and check it out next Tuesday" and, for me, time is short so I will politely say "Well, I have had a lot of emails about the bike, if no one else wants to see it before next Tuesday, then sure, you can come and check it out" and then usually their schedule magically clears up and they can see it that very same day.
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Old 09-28-10, 11:37 AM
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Originally Posted by fuji86
I thought about selling the 1986 Fuji Allegro 12 speed that I have. It's mint condition, stored indoors and had a new Shimano sealed bb installed. Anyway took that opportunity to ask the LBS what they thought was FMV, and got between $ 375 & 450 as a response. I didn't sell it, but figured they were looking to turn it just the same. I realize it's a vintage 12 speed fwiw, but they had trade-ins of modern road bikes that were being asked for close to a grand that aren't in the condition my bike is in. I researched it a little more and found it would cost $ 799 and $ 999 MSRP to get the 2010 Chromolly Fuji road/tourer bike. But those are going to have 27+ gears on them. I figure if I were to sell it, $ 500-600 maybe ? But I also figure the condition it's in, bought & paid for, why sell it ? Here's Fuji's 2011 model:

https://www.fujibikes.com/bike/details/touring

vs a comparable Allegro:

This is just my opinion, so take it with a grain of salt, but if someone was actually offering me 375-450 for that bike, I would have taken it in a heartbeat. Unless I'm missing something with your particular bike, the allegro wasn't a very high end bike with the stem shifters, safety levers, single butted frame and hi-ten fork. I could see that kind of money for an 80s Fuji Touring Series IV+, but I think the Allegro would be somewhere closer to 200 for a mint bike, depending on your market. 500-600 dollars for it or comparing it to a new fuji touring bike is a bit of a stretch.
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Old 09-28-10, 01:43 PM
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I was just used as an appraiser on ebay.

I bid on 2 tools and lost. Within hours I received 2nd chance offers on both items for the maximum I bid. I told the seller I'd pay what I would have if the other person hadn't bid and he said the buyer didnt back out but he was simply offering me a 'second offer'. I dont know maybe he has 2 of each but f'ck it.... he's going to have to re-list if he wants my buisness.
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Old 09-28-10, 01:44 PM
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Originally Posted by mainstreetexile
This is just my opinion, so take it with a grain of salt, but if someone was actually offering me 375-450 for that bike, I would have taken it in a heartbeat. Unless I'm missing something with your particular bike, the allegro wasn't a very high end bike with the stem shifters, safety levers, single butted frame and hi-ten fork. I could see that kind of money for an 80s Fuji Touring Series IV+, but I think the Allegro would be somewhere closer to 200 for a mint bike, depending on your market. 500-600 dollars for it or comparing it to a new fuji touring bike is a bit of a stretch.
+1. The '86 Allegro is a $200 bike.
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Old 09-28-10, 02:36 PM
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Originally Posted by mainstreetexile
This is just my opinion, so take it with a grain of salt, but if someone was actually offering me 375-450 for that bike, I would have taken it in a heartbeat. Unless I'm missing something with your particular bike, the allegro wasn't a very high end bike with the stem shifters, safety levers, single butted frame and hi-ten fork. I could see that kind of money for an 80s Fuji Touring Series IV+, but I think the Allegro would be somewhere closer to 200 for a mint bike, depending on your market. 500-600 dollars for it or comparing it to a new fuji touring bike is a bit of a stretch.
+2. If that. For 500-600 I can get a full Campy Italian. Actually, can get one for less.

It's a nice bike, I'm sure, but not terrifically valuable on the resale market. The shop may not deal in a lot of used rides.
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Old 09-28-10, 02:37 PM
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Originally Posted by miamijim
+1. The '86 Allegro is a $200 bike.
+3 Allegro = $200 bike. The market sets the value. In fact, around here, hard to get $200 for a vintage bike with stem shifters and turkey levers.
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Old 09-28-10, 02:46 PM
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Originally Posted by jet sanchEz
Yep, mis-categorized or misspelled ads or ads without pics can often be a goldmine. One of my best deals ever was for a "banshee bike" that turned out to be a nice little Bianchi for 45 bones
I answered a no information ad for a large bike which turned out to be a Centurian Accordo. The lady lived 1/2 mile from work and when I asked her the price she gave the bike to me.
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Old 09-28-10, 03:05 PM
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I had a similar experience when I got my RB1/7. Guy posted it for 170 and got bombarded with emails, But called me the next day. Said I have some good news your the first caller but I have gotton a ton of offers as high as 400. I said I cant do 400 and he responded with "Well you were the first to email me, So how do you feel about 250" . Done.
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Old 09-28-10, 06:18 PM
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Originally Posted by wrk101
+3 Allegro = $200 bike. The market sets the value. In fact, around here, hard to get $200 for a vintage bike with stem shifters and turkey levers.
This really is a response for all +1,+2 & +3 posts $ 200 posters, I used your quote as a global reference. Anyway, I agree, I wouldn't pay $ 500-600 for it ever myself, but for me to consider replacing it with Fuji's 2011 touring bike. To be honest I would look at the price tag of a $ 999 Fuji Touring and keep on moving just the same as another walks away from mine at $ 500-600. But if I was to ever seriously consider swapping, I'd need to at least to be close to replacement MSRP of the 2011 bike, because otherwise I could simply swap out a from 30T to an 11 or 12T gear on it and wind up with my Fuji Allegro in mint condition that's 2 lbs lighter with same or more GI and speed on the right conditions than the modern day 2011 Fuji Touring, even with it's hollowtech crank and whatever other new technology it has. I wasn't insulted in the least with the$ 200 posts & comments, but take this with a grain of salt and not trying to insult anyone or their vintage expertise, but the new Fuji Touring is not 5X what the Allegro is, not even if you could transport the 2011 bike back in time to 1986 or put them side by side in a LBS today. One would offer me $ 200 for it and I'd helpfully steer that one to go get the bike of his choice at the LBS, if it happened to be a 2011 Fuji Touring fine, so be it. I'm happy with mine is my point, it's no less bike in my opinion for my cycling level, any perceived deficiencies and $ 800 is a lot of parts to make both bikes equal, rather identical if the parts are even worth chasing ?

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Old 09-28-10, 06:32 PM
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Hi Fui86 -
IMHO, there isn't a new bike anywhere that dollar-for-dollar, can come anywhere close to matching the value in a C&V bike. Your Allegro is no exception and if they used the same yardstick (new vs old pricing) most of us couldn't afford to buy the fine old bikes we own today. SO your point is well taken.
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Old 09-28-10, 07:25 PM
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Originally Posted by auchencrow
Hi Fui86 -
IMHO, there isn't a new bike anywhere that dollar-for-dollar, can come anywhere close to matching the value in a C&V bike. Your Allegro is no exception and if they used the same yardstick (new vs old pricing) most of us couldn't afford to buy the fine old bikes we own today. SO your point is well taken.
Damn your good, I took a few paragraphs to say that. The Allegro was an intermediate level package when I bought it. I was echoing this post by 531phile

"I had a '89 Miyata 1000 Black. Nothing special about the ride quality. Definitely over hyped."
When I had the bb replaced, I was just getting back into cycling, glad I never got rid of the Allegro, so it was still very low mileage, but for some reason, the bb had soft cups that had uneven wear & a little play. Bike was very rideable still, but it bugged me that it was sloppy even after adjusting it. So now I have a sealed system bb and it was like getting it off the showroom floor again, because I replaced tires that were rubber cracked/rotted and would still hold air like new. I just didn't trust it to ride, plenty of rubber on 23 year old tires when they were replaced. I wish I had rode it more, but I left it with my brother and he kept it in his house 300 miles away, rarely riding it. So you can imagine that a bike that was brand new and ridden for about a couple of years occasionally, was stored in a house the rest of the time and really has about another year of riding on it since I got it back, what kind of condition it's in. Selling it for $ 200, even $ 375-450, simply gives a bike away and leaves me $ 550-800 away/short from replacing it. If I were to win a $ 20 LBS raffle and the grand prize was a 2011 Fuji Touring, I'd sell the 2011 and keep riding the 1986 Allegro.
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