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Value is overlooked on many older bikes?

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Value is overlooked on many older bikes?

Old 07-25-12, 08:42 AM
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Value is overlooked on many older bikes?

We have all read comments suggesting that some of the older bikes, such as early model Schwinn roadbikes, are only worth $7-$10 at a thrift store. Yes, I have found a few at that price...but that's like saying a Porsche can be found at a junkyard for $500. Maybe that's true...but unless you know the condition of that particular vehicle...how can anyone lowball the value and dismiss the opportunity?

In the past year, I bought a few Schwinn World road bikes. One was basically for parts, rusted on the edges and had seen its day. However, another one was in pristine condition and properly lubed at all the bearings(didn't even have to clean them out!). I have been on a number of different bikes(a few of them carbon frame models) and tried just about every frame material available. IMO, many of the lighter weight steel frame bikes are excellent rides. The Cromoly frame models are always a good indication of a potential bargain.

Now, the stovepipe Huffys and other department store brands might deserve the "cheaply made" reputation, as the ones I've tried were indeed clunky compared to higher end brands. But don't overlook the vintage 70s & 80s road bikes. There are some sweet deals out there that blow the doors off many of the newer techie bikes. My favorites? Miyatas and Schwinns (still looking to find an early Paramount).

It sort of give me a laugh when I hear people calling some bikes a "piece of junk" without looking at the details. I can't help but wonder how those "pieces of junk" have managed to survive 50 years of service and still be fully operational, despite lack of proper care, spider webs in the BB, and rust(which can often be removed from higher end steel).

Anyone with favorite older bikes...even brands that long ago ceased to exist?
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Old 07-25-12, 08:47 AM
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Everyone here?
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Old 07-25-12, 08:53 AM
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Easy, they didn't survive 50 years of service. They survived a few weeks of riding around some subdivision and then sat in a garage or shed for 50 years.

The value isn't seen because when you factor in the time and capital investment the vast majority of such bikes require it's a much better idea to buy something newer or in better shape in the first place.
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Old 07-25-12, 09:03 AM
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Own enough vintage bikes and you will find many were quite nice, but many are junky. Not everything that glitters is gold and the same is true with old bikes. And the bottom end has really improved.

Just because a bike has survived, does not make it good. Same is true with old cars, old houses, etc.
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Old 07-25-12, 09:05 AM
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Preaching to the choir?
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Old 07-25-12, 09:30 AM
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I've gone through countless old road bikes, and despite the fact that MOST were pretty well-used, (almost) all of them could be brought back to excellent mechanical condition with a replacement part here or there, or maybe a tweak to the fork.

This, despite having been dropped numerous times (I've become well-versed in removing road rash from alloy brake levers and derailleur cages) and never having been serviced once. - Yet they survived somehow.

I don't think modern CF frames, brifters, or cartridge BB's would stand up to that. (I personally burned-up 2 of the latter in the span of a year.)
- That's not to say modern bikes don't offer other real advantages - they certainly do, but durability and aesthetics are not among them.
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Old 07-25-12, 09:32 AM
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My dad found a Raleigh Gran Sport set out by the trash. It has every accessory that the bike shop sold. Also has original tires with 30 year old tire tits on it. Might have gone around the block a few time, than spent the rest of the time shuffling around the garage. Isn't really worth much.

How does one set a value on a bicycle?
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Old 07-25-12, 09:32 AM
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Someone wants to drive up the price of Schwinn Worlds.

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Old 07-25-12, 09:39 AM
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sing it!

But in all seriousness, equating an old Schwinn to a Porsche is not really a good comparison. Porsche's were not produced en masse for people to tool around with on a few sunny days a year. Make no mistake that the low end schwinn road bikes of the 1970s and 1980s were like a low end american car (heavy and inefficient) compared to the hondas and toyotas of japan which were way lighter and more efficient. Sure they had a corvette (paramount) and a few cameros in their line-up but the varinentals were just boat anchors.
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Old 07-25-12, 09:40 AM
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I'm surprised at how little many vintage bikes sell for. For $500 or less you can get something that is orders of magnitude better than a new bike anywhere near that range. And they're better looking.
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Old 07-25-12, 09:54 AM
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Originally Posted by jon c.
I'm surprised at how little many vintage bikes sell for. For $500 or less you can get something that is orders of magnitude better than a new bike anywhere near that range. And they're better looking.
This is true. Anyone can get a truly wonderful C&V bike for $500 - but it's getting one for $20 that separates the men from the boys.
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Old 07-25-12, 10:16 AM
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Bikes more than almost anything else have easily interchangeable parts that are widely available; that helps with the lifespan. But obviously many do not want a used product. There does seem to be a very vibrant used bike marketplace.

Maybe cars form the 50's in Cuba have more swappable/swapped parts.


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Old 07-25-12, 11:01 AM
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Originally Posted by jon c.
I'm surprised at how little many vintage bikes sell for. For $500 or less you can get something that is orders of magnitude better than a new bike anywhere near that range. And they're better looking.
$500 is a great price to spend on a used bike. That might be the biggest place to separate new and used bikes. This assumes you pay full market value, not like auchencrow's exception. Someone once GAVE me a Team Fuji, but that's not typical.
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Old 07-25-12, 11:08 AM
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We are going to have to start beating living horses... the dead ones are starting to rot.

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Old 07-25-12, 11:36 AM
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Originally Posted by Puget Pounder
We are going to have to start beating living horses... the dead ones are starting to rot.
I think there's a law against that, unless you're a jockey in a race in which case flail away.

Value is in the seat of the beholder, if it feels good then ride it, if not then do something else. Market value sometimes has little to do with the value of quality.
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Old 07-25-12, 11:41 AM
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unless you're a jockey in a race in which case flail away.

only in the US. in the UK, the number of flails are restricted.
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Old 07-25-12, 11:44 AM
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unless you're a jockey in a race in which case flail away.
Originally Posted by jon c.
only in the US. in the UK, the number of flails are restricted.
That just goes for horses, though, right?


All my bikes are old and have no value. Just ask my wife.

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Old 07-25-12, 11:55 AM
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Originally Posted by Puget Pounder
We are going to have to start beating living horses... the dead ones are starting to rot.

Pudget - so tell me, do you wear a helmet?

If not - can you tell us why and plase explain your views on the constitution?

If you do - can you please tell us what you think of those that don't?
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Old 07-25-12, 12:03 PM
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1. Yes
2. Wookie Jesus will come get you.
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Old 07-25-12, 12:09 PM
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Originally Posted by Puget Pounder
1. Yes
2. Wookie Jesus will come get you.
There's no such thing as Wookie Jesus...

Ewok Jesus though...that's a whole other matter.
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Old 07-25-12, 12:26 PM
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Originally Posted by KonAaron Snake
There's no such thing as Wookie Jesus...

Ewok Jesus though...that's a whole other matter.
My avatar begs to differ:

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Old 07-25-12, 12:36 PM
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Blasphemer.
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Old 07-25-12, 05:19 PM
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Found at https://bostonbiker.org/files/2012/02...BicycleArt.jpg

just to get us out of star wars and back to the horse meat tenderizing, or whatever the topic was
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Old 07-25-12, 05:33 PM
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This thread makes the contrarian in me long for carbon fiber.............contrarbon fiber bicycles, the new collector rage.
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Old 07-25-12, 05:51 PM
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Originally Posted by Spoonrobot
Easy, they didn't survive 50 years of service. They survived a few weeks of riding around some subdivision and then sat in a garage or shed for 50 years.
And thank goodness for weekend warriors who are easily bored!
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