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

Got Burned!!

Search
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.

Got Burned!!

Thread Tools
 
Search this Thread
 
Old 04-16-11, 05:51 AM
  #51  
Senior Member
 
miamijim's Avatar
 
Join Date: Aug 2003
Location: Tampa, Florida
Posts: 13,954
Mentioned: 40 Post(s)
Tagged: 0 Thread(s)
Quoted: 413 Post(s)
Likes: 0
Liked 109 Times in 78 Posts
I would have walked away......$90 it took to acquire plus another $60 for parts plus 10 hours of labor = $150 minimum for a $175 bike.
miamijim is offline  
Old 04-16-11, 06:02 AM
  #52  
Senior Member
 
Join Date: Oct 2007
Posts: 304
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Originally Posted by Michael Angelo
I would take it all apart, remove the top tube cable guides that are left. Blast it paint it, clean polish all components, use cable clips for the top tube. After you're done it should be a great bike. Take it on as a challenge, just keep an eye on the budget.

Mike
+ 1 Yep, my thoughts exactly. Easily worth what the OP paid.


Johnnybee.
JohnnyBee is offline  
Old 04-16-11, 06:21 AM
  #53  
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 23,526

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

Mentioned: 96 Post(s)
Tagged: 0 Thread(s)
Quoted: 1236 Post(s)
Liked 964 Times in 628 Posts
I have picked up my share of losers over the years. I try to keep the $$ I pay for it low enough that I have a chance of surviving the transaction without losing a ton. I typically will part out a bike with a sorry frame. 90% of the time, I can get a stuck seat post out (10% of the time, not).

I drove 3 1/2 hours one way to pick up this gem. Oh yeah, and to get it, I had to buy five bikes including a Mongoose, a Rollfast and a couple of other crappers. I was able to resurrect this Fuji, the rest of the bikes were parted out. I too had committed to buy, so I stuck with the deal.

+1 If you are going to chase after bike deals, time to start reinvesting flip profits into tools. I don't remember a single deal I have picked up that did not require work. Bikes in project condition tend to last longer on C/L and enjoy a healthy discount.

I would not say you got burned, rather, consider it tuition in bike flip school.



I love this creative cable routing. How to negate the advantage of an aerolever...




After a lot of time with OA, tossing several parts and pulling replacements out of the bin, the bike came around.

I made a "profit", if you put my pay at about ten cents an hour.... Note that the chrome on the fork crown came around, thanks to OA.



Last edited by wrk101; 04-16-11 at 06:25 AM.
wrk101 is offline  
Old 04-16-11, 06:23 AM
  #54  
Vello Kombi, baby
 
Poguemahone's Avatar
 
Join Date: Dec 2002
Location: Je suis ici
Posts: 5,188

Bikes: 1973 Eisentraut; 1970s Richard Sachs; 1978 Alfio Bonnano; 1967 Peugeot PX10

Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 80 Post(s)
Likes: 0
Liked 14 Times in 13 Posts
I would likely have passed on this bike, but this is a good opportunity to learn some wrench skills. Eventually, you'll need to remove a stuck post or stem from a De Rosa or Serotta or something, where you actually need to/ want to save the bike. Go for it. You might be out seventy bucks, but you'll be in some knowledge.
__________________
"It's always darkest right before it goes completely black"

Waste your money! Buy my comic book!
Poguemahone is offline  
Old 04-16-11, 06:48 AM
  #55  
Senior Member
 
jr59's Avatar
 
Join Date: Jun 2010
Location: the 904, Jax fl
Posts: 2,286
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Liked 13 Times in 9 Posts
What would it hurt for you to try to learn about fixing a bike? At this point you have spent the $$$.

Also at this point, everything is a plus! You have already written off the bike.

Go on and learn something about fixing, or at least taking apart C&V bikes.
Who knows, it may do you some good down the road, or just Maybe on this bike.
jr59 is offline  
Old 04-16-11, 07:59 AM
  #56  
Senior Member
 
sykerocker's Avatar
 
Join Date: Dec 2005
Location: Ashland, VA
Posts: 4,420

Bikes: The keepers: 1958 Raleigh Lenton Grand Prix, 1968 Ranger, 1969 Magneet Sprint, 1971 Gitane Tour de France, 1973 Raleigh Tourist, 3 - 1986 Rossins, and a '77 PX-10 frame in process.

Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 221 Post(s)
Liked 237 Times in 129 Posts
Looking at that bike, my first thought would be "Hanover Powder Coat". And for a 531 frame I'd have happily done it. Finding the proper decals might be a bit of a bother, though.
__________________
Syke

“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby.”

H.L. Mencken, (1926)

sykerocker is offline  
Old 04-16-11, 08:09 AM
  #57  
rhm
multimodal commuter
 
rhm's Avatar
 
Join Date: Nov 2006
Location: NJ, NYC, LI
Posts: 19,808

Bikes: 1940s Fothergill, 1959 Allegro Special, 1963? Claud Butler Olympic Sprint, Lambert 'Clubman', 1974 Fuji "the Ace", 1976 Holdsworth 650b conversion rando bike, 1983 Trek 720 tourer, 1984 Counterpoint Opus II, 1993 Basso Gap, 2010 Downtube 8h, and...

Mentioned: 584 Post(s)
Tagged: 0 Thread(s)
Quoted: 1908 Post(s)
Liked 574 Times in 339 Posts
I don't think OP got burned at all. If I needed a good bike, I'd be thrilled to pick that up for $75. It needs a lot of work, and I respect that OP doesn't want to do it. Fine: it's not the bike for him; but I think it has plenty of potential.
rhm is offline  
Old 04-16-11, 08:22 AM
  #58  
Senior Member
 
auchencrow's Avatar
 
Join Date: Apr 2009
Location: Detroit
Posts: 10,303
Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 17 Post(s)
Likes: 0
Liked 42 Times in 33 Posts
Originally Posted by rhm
I don't think OP got burned at all. If I needed a good bike, I'd be thrilled to pick that up for $75. It needs a lot of work, and I respect that OP doesn't want to do it. Fine: it's not the bike for him; but I think it has plenty of potential.
+1

- There's '531 under there so it's worth a PC job.
- It has quality 105 components.
- Provides an opportunity to get steeped in bike mechanics.
- Rescuing a forlorn bike is always a satisfying (if not profitable) experience.
- Would be a very good rider.

... Would make a great fixie! ()
__________________
- Auchen
auchencrow is offline  
Old 04-16-11, 08:40 AM
  #59  
The Drive Side is Within
 
Standalone's Avatar
 
Join Date: Dec 2007
Location: New Haven, CT, USA
Posts: 3,334

Bikes: Road, Cargo, Tandem, Etc.

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 120 Post(s)
Liked 44 Times in 28 Posts
OP, Not so bad, IMO. I've shelled out that much cash just for a 531 frame that had about as much rust. Hey, for me, it's a hobby, not a living. I'll pick it up from you for $20! But by the looks of the height of your spring front lawn grass, you're likely further south than I am.

I also just had to comment on the between-the-spokes-only rim wear on the rear wheel of this resurrected paramount from page one of this thread:

Originally Posted by JunkYardBike
Sometimes rusty beaters aren't so bad. Picked up this Waterford built Schwinn Paramount recently for a good price. Unfortunately, lots of the chrome was rusted, but the Deltas looked good...until I found the crack in one of the arms after I got it home. Frame is rusted enough to need a repaint. Stem had to be sawed off. Headset and BB bearings were shot. Many of the other Record components are oxidized to the point of being nearly worthless. But somehow the RD was spared, with not even a hit of road rash and not a scratch. 1st generation 8 speed. Sold on ebay for $190...more than I paid for the whole mess! Now to get rid of the rest. Except the Deltas. They'll be my precious for a while longer.

Pretty wild!
__________________
The bicycle, the bicycle surely, should always be the vehicle of novelists and poets. Christopher Morley
Standalone is offline  
Old 04-16-11, 08:42 AM
  #60  
Godbotherer
 
dwellman's Avatar
 
Join Date: Jan 2011
Location: Hermitage, TN
Posts: 1,255

Bikes: 1986 Cannondale SR300 (full SRAM Apex) 1996 Cannondale R800 (Full SRAM Rival), 1997 Cannondale R200 (Shimano Tiagra), 2012 Cannondale CAAD 10-5, 1992 Bridgestone RB-1 (SRAM Force)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
There is something to be said, however, about putting $150 worth parts/components on a $150 bike results in a $150 bike.

dwellman is offline  
Old 04-16-11, 08:43 AM
  #61  
No, your OTHER left!!
 
bikenut2011's Avatar
 
Join Date: Dec 2010
Location: Central Virginia, USA
Posts: 539

Bikes: 2 motos and a schwinn (road bikes more or less)

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
When life deals you a lemon, make lemonade!! Not much to say about this one other than you have to take the bad with the good sometimes, and you have got some outrageous deals in the past for sure!! Don't be sad, turn it into a learning experience (if the wife is ok with it that is!) ...Tons of people here to ask questions and learn how to put that puppy back in to shape. Its not that hard. You might even enjoy it!! Looks like a great project for rainy days when you cant ride... Just my opinion...

I'd be glad to take it but you are at least 4 hours from me and i don't need a project THAT bad!! Still trying to get the Schwinn back togeher for my boy. Heck it took me 6 months to replace the wiper motor on my vette to get it inspected!! it just sat and sat... Can you tell i love to ride my bikes??!!

andy
bikenut2011 is offline  
Old 04-16-11, 09:46 AM
  #62  
Senior Member
 
CMC SanDiego's Avatar
 
Join Date: Jan 2009
Location: San Diego
Posts: 744

Bikes: Too many to list, all titanium or steel.

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 7 Post(s)
Likes: 0
Liked 8 Times in 7 Posts
I found an old SuperCourse Frame in pretty bad condition and used it as a learning experience as well. It became my first opportunity to powdercoat, and completely build a bike. Here are the frame and fork before:

You can't see real well in the photos but the chrome was bubbling and peeling at the dropouts, and there was rust around the bottom bracket. Someone had started to rattle can the fork.

Here's what it looked like after the sandblasting and powder coat.

At that point I was just over a hundred bucks into the bike, and after it's buildup it's one of my favorites.
CMC SanDiego is offline  
Old 04-16-11, 10:00 AM
  #63  
Senior Member
 
Captain Blight's Avatar
 
Join Date: Oct 2009
Location: Minneapolis
Posts: 2,470

Bikes: -1973 Motobecane Mirage -197? Velosolex L'Etoile -'71 Raleigh Super Course

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 2 Times in 2 Posts
Originally Posted by rccardr
That'll buff right out. And it IS full 105!
It really isn't that bad. Shiny paint don't get you one yard further down the road. Phil grease, new brake pads, cables, new chain and a few hours with a toothbrush and some Simple Green and you'll be back on the road. And Mother's polish works great to clean up white hoods.
Captain Blight is offline  
Old 04-16-11, 05:24 PM
  #64  
rhm
multimodal commuter
 
rhm's Avatar
 
Join Date: Nov 2006
Location: NJ, NYC, LI
Posts: 19,808

Bikes: 1940s Fothergill, 1959 Allegro Special, 1963? Claud Butler Olympic Sprint, Lambert 'Clubman', 1974 Fuji "the Ace", 1976 Holdsworth 650b conversion rando bike, 1983 Trek 720 tourer, 1984 Counterpoint Opus II, 1993 Basso Gap, 2010 Downtube 8h, and...

Mentioned: 584 Post(s)
Tagged: 0 Thread(s)
Quoted: 1908 Post(s)
Liked 574 Times in 339 Posts
Originally Posted by dwellman
There is something to be said, however, about putting $150 worth parts/components on a $150 bike results in a $150 bike.

Yeah, huh! Putting $150 worth of parts/components into a worthless bike still results in a worthless bike. I've seen it done.
rhm is offline  
Old 04-16-11, 10:12 PM
  #65  
Motorcycle RoadRacer
Thread Starter
 
cehowardGS's Avatar
 
Join Date: May 2010
Posts: 3,826
Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 4 Times in 4 Posts
Originally Posted by bikenut2011
When life deals you a lemon, make lemonade!! Not much to say about this one other than you have to take the bad with the good sometimes, and you have got some outrageous deals in the past for sure!! Don't be sad, turn it into a learning experience (if the wife is ok with it that is!) ...Tons of people here to ask questions and learn how to put that puppy back in to shape. Its not that hard. You might even enjoy it!! Looks like a great project for rainy days when you cant ride... Just my opinion...

I'd be glad to take it but you are at least 4 hours from me and i don't need a project THAT bad!! Still trying to get the Schwinn back togeher for my boy. Heck it took me 6 months to replace the wiper motor on my vette to get it inspected!! it just sat and sat... Can you tell i love to ride my bikes??!!

andy
From all the feedback, I will make a go of it. Even the wife has stopped laughing and told me she would help me clean it up. Got a mini-vaction this week. When I get back, going to take it to one of those self-service car wash place, and blast it with some hot soapy water. There is a guy close by that knows about bikes, see if can get him to show me a couple pointers on dismantling this thing..There is about 10 out a 100 that I make it with this bike. Would love to get it powdercated red.
cehowardGS is offline  
Old 04-16-11, 10:19 PM
  #66  
Motorcycle RoadRacer
Thread Starter
 
cehowardGS's Avatar
 
Join Date: May 2010
Posts: 3,826
Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 4 Times in 4 Posts
Originally Posted by miamijim
I would have walked away......$90 it took to acquire plus another $60 for parts plus 10 hours of labor = $150 minimum for a $175 bike.
Couldn't walk away. The seller had told me that he would hold it for me. To return that jesture, I told him no matter what, I would get the bike. And that is what I did..I live and learn...
cehowardGS is offline  
Old 04-16-11, 10:35 PM
  #67  
Senior Member
 
Frogbutter's Avatar
 
Join Date: Dec 2010
Location: Eau Claire, Wisconsin. USA
Posts: 661

Bikes: It's a SICKNESS!

Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Quoted: 31 Post(s)
Liked 29 Times in 19 Posts
It's quite rare for me to be speechless.....but...Wow!
__________________
Originally Posted by iab
Why do you mock the cycling gods?

Your only hope is reciting 10 hail campagnolos to our lady of the duraace.


I'm happy to say that I own more Steel then Carbon. My Stable! ---> https://flic.kr/s/aHsmVZBep7
Frogbutter is offline  
Old 04-16-11, 10:41 PM
  #68  
Large Member
 
realestvin7's Avatar
 
Join Date: Nov 2010
Location: Tejas
Posts: 2,533
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 3 Times in 1 Post
Throw it in khatfull's tumbler.
realestvin7 is offline  
Old 04-16-11, 10:52 PM
  #69  
Large Member
 
realestvin7's Avatar
 
Join Date: Nov 2010
Location: Tejas
Posts: 2,533
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 3 Times in 1 Post
I'd be down to take some parts off that rustbucket...if they are able to be removed. Lol. I could use a few things.

realestvin7 is offline  
Old 04-16-11, 10:55 PM
  #70  
Senior Member
 
GrayJay's Avatar
 
Join Date: Sep 2009
Location: EagleRiver AK
Posts: 1,306
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 28 Post(s)
Likes: 0
Liked 60 Times in 33 Posts
Originally Posted by Michael Angelo
I would take it all apart, remove the top tube cable guides that are left. Blast it paint it, clean polish all components, use cable clips for the top tube. After you're done it should be a great bike. Take it on as a challenge, just keep an eye on the budget.

Mike
If the cable guides are gone and it needs a repaint anyway, having a couple of new cable guides brazed on is a really, really simple fix for anyone with an acetylene torch and would probably make a big difference in resale value of the frame later. If you dont want to deal with a welder, even some JB weld epoxy would probably work OK for affixing new guides to bare metal.
GrayJay is offline  
Old 04-17-11, 05:21 AM
  #71  
Chainstay Brake Mafia
 
Join Date: Mar 2011
Location: California
Posts: 6,007
Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 16 Post(s)
Likes: 0
Liked 11 Times in 10 Posts
Originally Posted by realestvin7
if they are able to be removed. Lol.
ouch

btw never hand over the money until you see the merchandise mang...
frantik is offline  
Old 04-17-11, 05:41 AM
  #72  
Senior Member
 
Michael Angelo's Avatar
 
Join Date: May 2010
Location: Hurricane Alley , Florida
Posts: 3,903

Bikes: Treks (USA), Schwinn Paramount, Schwinn letour,Raleigh Team Professional, Gazelle GoldLine Racing, 2 Super Mondias, Carlton Professional.

Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 78 Post(s)
Liked 30 Times in 22 Posts
If I lived closer to you I would help you start to finish. The toughest part would be that stuck seat post. It will take a lot of patience with a hacksaw blade on a sraight handle but it can be removed. Just think about how good you'll feel after it all done and YOU did all the work. You can paint it any color you like, and upgrade any part you like.
Michael Angelo is offline  
Old 04-17-11, 06:54 AM
  #73  
Senior Member
 
rumrunn6's Avatar
 
Join Date: Jul 2008
Location: 25 miles northwest of Boston
Posts: 29,552

Bikes: Bottecchia Sprint, GT Timberline 29r, Marin Muirwoods 29er, Trek FX Alpha 7.0

Mentioned: 112 Post(s)
Tagged: 0 Thread(s)
Quoted: 5224 Post(s)
Liked 3,581 Times in 2,342 Posts
oh well, guess you won't be buying "sight unseen" anymore huh?
rumrunn6 is offline  
Old 04-17-11, 07:08 AM
  #74  
Senior Member
 
Grim's Avatar
 
Join Date: Jun 2008
Location: Atlanta
Posts: 2,978

Bikes: Cannondale T700s and a few others

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Likes: 0
Liked 2 Times in 2 Posts
Thats pretty bad but still better then the Dave Scott I had. The seat post lug was Swiss cheese as wall the cable stop on the chain stay.

I paid $20 for it sold the frame for $20 to a guy that was wanting to learn brazing and was going to try to repair it. Sold the wheels for $20. Kept tte 42cm Nitto 155's for one of my other bikes. Have the derailleurs, they function but ugly. Swapped the 105 single pivots for a set of double pivots on a bike I was flipping. So I was actually able to make a few bucks on it.

Your bike if there is no structural issues I would get it functional and make it a beater. Wouldnt be pretty but may ride great. Maybe a rattle can paint job but the patina is kind of cool if you can keep it from becoming a safety issue.


Last edited by Grim; 04-17-11 at 07:15 AM.
Grim is offline  
Old 04-17-11, 07:32 AM
  #75  
Senior Member
 
jish1969's Avatar
 
Join Date: Jun 2009
Location: Dryden, NY
Posts: 428

Bikes: 1970 Schwinn Paramount P-15, 2013 Trek Stache 7, 2018 Fuji Jari 1.3, 2018 Diamondback El Oso Dos, 197* Charles Roberts

Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 8 Post(s)
Liked 23 Times in 6 Posts
Go to your library and rent the Bicycle Maintenance and Repair book, keep it for 3 weeks and then photocopy the pages you need. Its pretty informative and you'll figure a lot of stuff out on your own. That bike would be a great summer project if you're in no rush to get it done...
jish1969 is offline  


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.