flipable?
10-07-11 | 12:06 PM
#1
Thread Starter
Senior Member
Joined: Jul 2011
Posts: 537
Likes: 15
From: St Louis
Bikes: 72 Lygie (SS conv), 87 Ironman Expert, 94 Allez Sport, 16 Black Mountain Cycles Monstercross
flipable?
These have been posted on St Louis CL all week and seem like good deals.
Ironman Expert, 1988 I believe.
https://stlouis.craigslist.org/bik/2633077114.html
Schwinn Premis, also 1988
https://stlouis.craigslist.org/bik/2627528493.html
Why have flippers not snagged them? I would buy one or both but I am good at hoarding, bad at flipping.
Ironman Expert, 1988 I believe.
https://stlouis.craigslist.org/bik/2633077114.html
Schwinn Premis, also 1988
https://stlouis.craigslist.org/bik/2627528493.html
Why have flippers not snagged them? I would buy one or both but I am good at hoarding, bad at flipping.
10-07-11 | 12:10 PM
#2
FBoD Member at Large
Joined: Aug 2008
Posts: 6,094
Likes: 8
From: Woodbury, MN
Those prices are getting close to non-flippable depending on your market. Cables, housings, tires/tubes maybe, all that adds up quick...leaves little profit for the time invested.
The Premis is very big too, may be a more limited market for it too.
The Premis is very big too, may be a more limited market for it too.
10-07-11 | 12:21 PM
#4
Senior Member
Joined: May 2011
Posts: 584
Likes: 66
From: the LOU, Mo
Bikes: Bianchi Nuevo Alloro, Cannondale ST400, Fuji Palisade, GT Timberline FS, Raleigh Technium 420, Schwinn Moab, Schwinn Passage, Schwinn Tempo, Specialized Sirrus Elite (aluminum), Specialized Sirrus Triple (steel), Trek 7.6, Viner Road Record
I would have already bought the Ironman to keep in my stable if I hadn't promised myself not to buy anymore non-Italians until next year... 
10-07-11 | 12:44 PM
#6
Senior Member
Joined: Apr 2009
Posts: 10,303
Likes: 60
From: Detroit
10-07-11 | 01:48 PM
#8
Thrifty Bill
Joined: Jan 2008
Posts: 23,639
Likes: 1,106
From: Mans of NC & SW UT Desert
Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more
Not flippable at those prices. Realize flippers have to pay well below market for it to make sense. The fact they are still available after a week? The market has spoken. End users tend to not want bikes that are projects.
Reasons:
1. The Premis is huge. Not Chicago made. Needs work.
2. The Ironman: key sentence: " Does have some rust". Needs full service. Then add this one: "rear brake and derailleur" need adjustment. That is going to scare away the average recreational rider. Electric tape on the end of the bars, shlocky.
3. Figure if you buy either one, you will be stuck with them until Spring.
Either bike at $100 become real good deals. At current prices, either is a deal as a keeper, depending on the extent of the rust.
Reasons:
1. The Premis is huge. Not Chicago made. Needs work.
2. The Ironman: key sentence: " Does have some rust". Needs full service. Then add this one: "rear brake and derailleur" need adjustment. That is going to scare away the average recreational rider. Electric tape on the end of the bars, shlocky.
3. Figure if you buy either one, you will be stuck with them until Spring.
Either bike at $100 become real good deals. At current prices, either is a deal as a keeper, depending on the extent of the rust.
Last edited by wrk101; 10-07-11 at 01:52 PM.
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