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Please explain this "$15 Paramount"

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Please explain this "$15 Paramount"

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Old 11-01-11 | 12:44 PM
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Please explain this "$15 Paramount"

If this was already posted, sorry but I must have missed it.

I'm not prepared to believe this is real, but I can't quite put my finger on the scam. Anyone?

https://www.ebay.com/itm/PARAMOUNT-SC...ht_2753wt_1202

Ebay auction ended with BIN of .99 and 14.00 shipping.
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Old 11-01-11 | 12:46 PM
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Bikes: 1988 Schwinn Circuit. Bike-Boom-Puegeot. First "real bike" Trek 720 Hybrid in gross disrepair.

Where's the confused/exasperated emoticon when you need it
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Old 11-01-11 | 12:47 PM
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Originally Posted by Oregon Southpaw
Where's the confused/exasperated emoticon when you need it
That's how I feel. Or maybe the seller deliberately set the price low to avoid all those Ebay fees.
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Old 11-01-11 | 12:48 PM
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The seller maybe made a mistake when they listed it, and confused it with some other item they were selling?
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Old 11-01-11 | 12:50 PM
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Check out the feedback of the seller.

They didn't have the bike but refunded my money so neutral feedback.
Oct-27-11 12:38 Feedback conversation
PARAMOUNT SCHWINN ROAD BIKE (#220869369720) US $0.99
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Old 11-01-11 | 12:50 PM
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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...

I think someone made a little mistake that may eat into his profit margin a bit.

I'm kinda wishing I'd seen it before someone else bought it! Not that I need another bike, but it does seem a pretty good deal.

Oh, I see I'm late to the party. Never mind!
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Old 11-01-11 | 12:52 PM
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Bikes: Leader 725, Centurion Turbo, Scwhinn Peloton, Schwinn Premis, GT Tequesta, Bridgestone CB-2,72' Centurion Lemans, 72 Raleigh Competition

I can't imagine that's for realz... 14 bucks to ship it?
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Old 11-01-11 | 01:12 PM
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Originally Posted by RaleighSport
... 14 bucks to ship it?
I've made a couple of frame and whole bike purchases on ebay where the shipping was quoted at something stupidly low like 14 bux or 20 bux or whatever...in all cases the bike arrived poorly packed...in a couple of cases just tossed in a box with no padding.

Each time I balked (although only a little because I knew what the response was gonna be) and each time it was someone who'd never shipped a bike and had no idea how much shipping was gonna cost and excused their packaging job by saying that the shipping costs ate into their profit on the sale. Not my problem jack, but it becomes my problem if the thing gets damaged in shipping. I don't avoid auctions with unrealistically low shipping costs, but I do steel myself for what's coming and expect the worst and a bit of back and forth with the seller. .... That's the price you pay for a bargain though
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