Confessions of a bike flipper: Walking away from a deal still happy.
#1
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Confessions of a bike flipper: Walking away from a deal still happy.
When someone is trying to pass off a broken bike to me, the only way I'll leave with it is on my lowball offer, or I don't and walk away with a smile.
My spidey senses also pop up red flags at times to ignore a deal. The OP gave an excellent scenario.
I'm never sad walking away empty handed, because it saved my valuable real estate back home for someone better.
Then I look for nearby fast food and take out something yummy to justify my trip out there.
My spidey senses also pop up red flags at times to ignore a deal. The OP gave an excellent scenario.
I'm never sad walking away empty handed, because it saved my valuable real estate back home for someone better.
Then I look for nearby fast food and take out something yummy to justify my trip out there.
Being a regular bike flipper, I love obscure ads. Means no one else is responding to them but me.
Bad photos. "Bike for sale". Deflated tires. Bikes surrounded by mountains of hoarded items.
Essentially, folks that have no idea what they are selling. Either because they are selling an ex's bike, or they found it. Really does not matter.
I checked out this vintage Trek. Seller was living in a pigsty. The smell. He looked homeless, yet I was impressed he had his own place.
As he mumbled a colorful story to praise the bike, I did the usual, check for true wheels, loose bearings, seized cables.
I asked "Why is the rear half of the bike all spray painted?" I really hate hack jobs.
He stutters "Oh it was to hide the rust." At least he was honest.
"You found this bike outside, didn't you. This bike is scrap. It's finished." There was no way I could resell this without spending a substantial amount of time.
Apparently he got offended and scolded me to get out of his place.
Famished, I drove into a nearby grocer and bought a bag of Cape Cod Jalapeno chips. They were not on sale, I paid regular price.
Pigsty seller called me a few times, but I never answered.
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#2
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Seems logical to walk away from a used bike deal because you didnt find it of value.
I dont think anyone would doubt that you buy food to justify the trip. I often combine short road trips with something else if possible.
2 birds, 1 stone is a common saying for a reason.
I dont think anyone would doubt that you buy food to justify the trip. I often combine short road trips with something else if possible.
2 birds, 1 stone is a common saying for a reason.
#4
Senior Member
A friend of mine provided a contact that had a storage unit and shed filled with bikes. I pursued it and found two bikes worth my effort to bid on. The guy was out in left field with his ask, so I walked away. Sometimes a dead lead is just that. Have to roll the wasted 45 minutes, miles and fuel into the cost of the next set of bikes I find and resell. I am finding that there is a small profit in flipping bikes unless one gets them at zero cost or close to home after true costs of doing business are figured into the cost of the product.
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Wow, what a coincidence - I don’t buy rusty old bikes, either.
What are the odds?
What are the odds?
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I discussed the above earlier last week. I wanted to share this exact event that happened just yesterday.
Being a regular bike flipper, I love obscure ads. Means no one else is responding to them but me.
Bad photos. "Bike for sale". Deflated tires. Bikes surrounded by mountains of hoarded items.
Essentially, folks that have no idea what they are selling. Either because they are selling an ex's bike, or they found it. Really does not matter.
I checked out this vintage Trek. Seller was living in a pigsty. The smell. He looked homeless, yet I was impressed he had his own place.
As he mumbled a colorful story to praise the bike, I did the usual, check for true wheels, loose bearings, seized cables.
I asked "Why is the rear half of the bike all spray painted?" I really hate hack jobs.
He stutters "Oh it was to hide the rust." At least he was honest.
"You found this bike outside, didn't you. This bike is scrap. It's finished." There was no way I could resell this without spending a substantial amount of time.
Apparently he got offended and scolded me to get out of his place.
Famished, I drove into a nearby grocer and bought a bag of Cape Cod Jalapeno chips. They were not on sale, I paid regular price.
Pigsty seller called me a few times, but I never answered.
Being a regular bike flipper, I love obscure ads. Means no one else is responding to them but me.
Bad photos. "Bike for sale". Deflated tires. Bikes surrounded by mountains of hoarded items.
Essentially, folks that have no idea what they are selling. Either because they are selling an ex's bike, or they found it. Really does not matter.
I checked out this vintage Trek. Seller was living in a pigsty. The smell. He looked homeless, yet I was impressed he had his own place.
As he mumbled a colorful story to praise the bike, I did the usual, check for true wheels, loose bearings, seized cables.
I asked "Why is the rear half of the bike all spray painted?" I really hate hack jobs.
He stutters "Oh it was to hide the rust." At least he was honest.
"You found this bike outside, didn't you. This bike is scrap. It's finished." There was no way I could resell this without spending a substantial amount of time.
Apparently he got offended and scolded me to get out of his place.
Famished, I drove into a nearby grocer and bought a bag of Cape Cod Jalapeno chips. They were not on sale, I paid regular price.
Pigsty seller called me a few times, but I never answered.
Might have stopped for a McFlurry as that's my go to.
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#8
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I guess someone has to be buying those bikes from junk ads. Your post describes everything I try to avoid when buying used. I want well written, descriptive ads that include plenty of clear, relevant photos. I don’t doubt you’ll eventually find that needle-in-a-haystack, but I don’t have time for the amount of chaff you gotta sift through.
Better ads for better quality bikes eliminates a lot of wasted time, at least in my experience. Your mileage may vary. It looks like you dodged a dog on this one, so there’s that.
Better ads for better quality bikes eliminates a lot of wasted time, at least in my experience. Your mileage may vary. It looks like you dodged a dog on this one, so there’s that.
#9
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In my experience, it is rare to make money flipping bikes, unless you find that odd vintage bike that Coppi rode to win the Giro d'Italia.
Sometimes, just replacing the tires and cables will be more than the value of the bike
I do it because it gives something to do during the long, cold, dark, winter nights.
Sometimes, just replacing the tires and cables will be more than the value of the bike
I do it because it gives something to do during the long, cold, dark, winter nights.
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My last two purchases have been rusty. The ads were well written by illywhackers who led me to believe what I saw in the photos was patina. Now I have to wait until I can get them ridable to smile when all it would have taken is a bag of chips. Who knew?
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"It is the unknown around the corner that turns my wheels." -- Heinz Stücke
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I'd like to hear more about the Cape Cod potato chips.
Anyway, you dodged a bullet that would have wasted your time for awhile. Nicely done!
Anyway, you dodged a bullet that would have wasted your time for awhile. Nicely done!
#12
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#13
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I would think that some neutral remark like, "It's not close enough to what I want for me to tie up my money" would serve to get you out of the immediate fix. Thank the seller for his time and bug out. Admittedly I'm not a flipper so making money is not my primary motivation but at my age there's only so much time left for me to be wasting it like that.
#15
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Thread Starter
This thread wasn't about hitting junk ads to find junk bikes, as some others here have grievously mistaken.
It was about scoring on potential premium finds that a seller just otherwise had no idea about what they were selling, who was not able to produce a descriptive ad with clear pics.
When a seller makes the perfect quality ad (as resellers do), it means they are too well informed and always tend to ask a high ceiling price for their bike. Good for them, and great for that enthusiastic end user that will buy it.
I've scored all sorts of premium bikes of all makes and models from "junk ads". It's fun to pay $50 for a Canyon or a Scott.
And other times, a junk ad really does turn out to be a junk bike.
Another one I just saw today.
Looking at the pic, I had no idea what it was, but disc brakes was enough for me to go see it. It was only a few miles from me.
Unfortunately, the photo was at least 6 months old taken during the summer, and the bike became dilapidated from a long winter exposure outdoors.
I was rather politically correct and simply told the seller I did not have the DIY skills to refurbish their broken bike. He seemed ok with it and we amicably departed.
#16
Senior Member
I discussed the above earlier last week. I wanted to share this exact event that happened just yesterday.
Being a regular bike flipper, I love obscure ads. Means no one else is responding to them but me.
Bad photos. "Bike for sale". Deflated tires. Bikes surrounded by mountains of hoarded items.
Essentially, folks that have no idea what they are selling. Either because they are selling an ex's bike, or they found it. Really does not matter.
I checked out this vintage Trek. Seller was living in a pigsty. The smell. He looked homeless, yet I was impressed he had his own place.
As he mumbled a colorful story to praise the bike, I did the usual, check for true wheels, loose bearings, seized cables.
I asked "Why is the rear half of the bike all spray painted?" I really hate hack jobs.
He stutters "Oh it was to hide the rust." At least he was honest.
"You found this bike outside, didn't you. This bike is scrap. It's finished." There was no way I could resell this without spending a substantial amount of time.
Apparently he got offended and scolded me to get out of his place.
Famished, I drove into a nearby grocer and bought a bag of Cape Cod Jalapeno chips. They were not on sale, I paid regular price.
Pigsty seller called me a few times, but I never answered.
Being a regular bike flipper, I love obscure ads. Means no one else is responding to them but me.
Bad photos. "Bike for sale". Deflated tires. Bikes surrounded by mountains of hoarded items.
Essentially, folks that have no idea what they are selling. Either because they are selling an ex's bike, or they found it. Really does not matter.
I checked out this vintage Trek. Seller was living in a pigsty. The smell. He looked homeless, yet I was impressed he had his own place.
As he mumbled a colorful story to praise the bike, I did the usual, check for true wheels, loose bearings, seized cables.
I asked "Why is the rear half of the bike all spray painted?" I really hate hack jobs.
He stutters "Oh it was to hide the rust." At least he was honest.
"You found this bike outside, didn't you. This bike is scrap. It's finished." There was no way I could resell this without spending a substantial amount of time.
Apparently he got offended and scolded me to get out of his place.
Famished, I drove into a nearby grocer and bought a bag of Cape Cod Jalapeno chips. They were not on sale, I paid regular price.
Pigsty seller called me a few times, but I never answered.
Ahhhh... a Winnipegger at heart.